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Mortgage Arrangement Fees
Has anyone ever managed to arrange a discount on a Mortgage Arrangement Fee?
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Repossesion confusion - Advice please
Hi - am really confused about this. Don't know if this is right part of forum to ask about this but here goes. Since Jan 07 have been paying mortg on property bought with ex husband, he pays nothing and is not working and no fixed abode. I don't live in house and it's rented out most of the time, though rent doesn't cover…
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Mortgage after bankruptcy
Just wondering if you are able to obtain a mortgage after ending a 3 year Bankrupty period? To cut a long story short, I split with an ex years ago and was left with all the debt - he just walked away scott free so to speak. Only option open to me at the time was to declare myself B'krupt. Since then I have met and married…
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HSBC lifetime tracker..portable?
I thought that I could port my existing mortgage when we decide to move in the future and any extra lending requirement would be on a new rate. I had a brief chat to someone in the branch (non-mortgage person) who didn't think it was possible. He was 99% certain that we'd have to do a new mortgage on a new (higher) rate…
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How do i port my mortgage
I wonder if anyone can help? We have a mortgage which is aparently "portable" and we are looking into possibly moving. The problem comes when I spoke to our Lender Mortgages PLc (Merrill Lynch) and they dont know what to do, and cant give any advice. In the mortgage offer it does state that it is portable but thats about…
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First Time buying - Are we making the correct choice?
Hi We are a couple and do not have a great handle on mortgages and how they work (So Laymans terms where possible please). We tried enrolling with the Homebuy scheme and got let down with that - by lack of funding. We have an eye on a couple of properties both priced between 160,000 - 170,000 We earn about 39k between us.…
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Late Mortgage Payment advice
Hi all, As someone new here, I'm not entirely sure if this is the correct place to post this message on the forum, so forgive me if I've got it wrong. I just need some advice from someone who perhaps has been in tjhe same situation. The story goes something like this: Myself and my partner have one standing order each from…
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Should Northern Rock Reduce their SVR further?
Hi I just wondered what peoples opinions were on whether the Nationalised bank Northern Rock that was bailed out by the government and has today reported a loss of £725m should be doing more to help its borrowers. This may seem like an obvious question, that will be divided by whether you have a northern rock mortgage or…
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Endowment valuation NU/Aviva
I have a Flexible mortgage plus endowment policy with NU/Aviva. I was fortunate enough to pay off the mortgage a few years ago but saw at that time no reason to cancel the endowment policy and kept it running as simply a nest egg. I have just received a statement from Aviva with a fund valuation. The valuation is £2000…
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Transfer mortgage to Parents' house
Hi, I would really appreciate some advice to get me on the right track. I would then, of course, get formal legal advice. We have a five year fix with almost 4 years left to run with our current mortgage provider. We are in the process of selling our house, after which we will be moving in with my parents for approx 1…
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Phoenix cancels terminal bonuses
On all policies under 25 years old. http://www.telegraph.co.uk/finance/personalfinance/investing/5964414/With-profits-cancelled-terminal-bonuses-heap-woe-on-policyholders.html
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Endowements ending next April
I have two Endowements ending in April 10. I think that both will be short of the targets but not by a great deal. The two are with different compaines but I am hoping the final bonus will make up most of the short fall. When should I contact these companies for a up to date forecast. If these are short of say £10,000 when…
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Likelihood of ERC waiver/reduction to keep business?
I've got a fixed-rate mortgage with C&G at an interest rate of ~6%, with 2 years left to run on the fixed term, and an ERC of about £3.5k. Looking at the various mortgages I could get now, I could save some (though not a massive amount of) money by switching to a different mortgage provider and taking the hit of the ERC.…
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Mortgage Deposit/Loan Agreement
Hi all, just wanted to get people's views on whether this is a viable option for my partner and I. We live together in his house, and his fixed rate mortgage has now expired. He only has around 10% equity in the property due to house price falls, but we want to secure a new mortgage deal this year to avoid interest rate…
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HSBC trying to make MPPI condition of mortgage
Hi all Hoping for some advice.... My partner and I recently applied for an additional HSBC rate matcher mortgage (we already have a mortgage with them on a tracker) to purchase the rest of our shared ownership property. Initially the mortgage application was declined, for some unknown reason (checked credit report - all…
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why have 5 year fixed rates rocketed???
I took out a 5 year fixed rate in may and the rate i got was 4.15%, at the time someone was doing a five year fixed rate at 3.99%, but i missed out on that. Now my friend has asked me to look for the best five year fixed rate and all i can find is 5.10% with the chelsea building society, does anyone know of a better deal,…
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LTV / Remortgage
According to LLoyds TSB our lender we have to maintain 90% LTV wwhen moving house to a more expensive property. I saw a property on at a fixed price of 125K and it is very promising. Now my parents and my brother are both banging on about how good a bargain it is. Realisticaly is an lender going to allow me to move outwith…
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Ex IVA Seeking Mortgage
Hi, i've been out of my IVA since December 2008,after completing it successfully, and are now looking to purchase a house with my partner. My Partner currently owns her house and has a mortgage of about £73,000 with the property valued at £140,000. My partner has a perfect credit rating (we have had no joint accounts). We…
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Woolwich turned us down, any advice?
We're buying a house for 187k, we have a 10k deposit and my parents are very kindly investing 80k in the house (I know how lucky we are!), so we need a mortgage for 97k, which is the figure we were told by the IFA we could get. The IFA recommended a mortgage with the Abbey, but I had a look around and saw one with the…
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Endowments and the FSA
I have only just found this site and wonder if anyone can help. We took out two mortgage endowment policies one in 1984 for 20k and one in 1985 for 6k. About 7 years ago I got in touch with the FSA after reading about policies that had been miss sold (as we had not been told that the policies were dependant on the stock…
