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Time to remortage but might be selling soon?
We bought our newbuilt house nearly 2 years ago and in November its time to remortgage. We have a 90 LTV with HSBC fixed rate and we are paying a lot! We are also planning to immigrate to Australia within the next 2 years so will be trying to sell our house (hopefully without a loss!) once we have our visas. We are looking…
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Financing options for 2nd house???
removing personal information
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underperforming endowment
We have an endowment policy, but the broker that sold it to us has died and his company has closed down. Can I apply directly to the insurer for compensation?
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Bigger deposit vs pay off credit cards?
Hi, I'm saving for a mortgage deposit with my partner. Our combined income is about £40K a year. I have approx £7K of credit card debt all on fixed low interest rates for the life of balance. My credit report from equifax comes out as Good. We currently have about £13K saved for a mortgage deposit. Do you think we would be…
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Mortgage due for renewal September
Hi We have a mortgage which has been on a discounted rate for last three years took it out Sept 2006 current rate is 0.98000, which brought our mortgage down considerably, though we only took it out over 15 years. I have been in contact with company today and rate will rise to 2.29% Is this a good rate, should i stick with…
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surrender or carry on til maturity?
following a suggestion on the savings board would anyone care to advise about my endowment policy: keep it or surrender it? 1. basic with profits endowment policy with Standard Life for a mortgage. Sum assured is 40,000 but latest projected maturity is 19,300. It matures in 2016 and is classed as high risk of shortfall (no…
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Raising funds for a deposit
My mortgage product (a very competitive tracker) comes to an end shortly, and the standard building society rate it reverts to is not in the slightest bit competitive (nearly 6%). The property slump has left me with little or no equity, and the hike in payments when the product ends is likely to leave us in significant…
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Getting a new mortgage when already on one?
I stood garuntour (SP?) for my sister on her mortgage, she was short on the offer for less then 10k. I now want to get my own mortgage for about 50k with my partner, my dad who is licensee of a pub had offered to stand garuntour for me - is this possible or will I need to remove myself from my sisters mortgage 1st? I have…
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Halifax turned me down but i know i can afford it
I have recently split from my ex fiancee. I applied for the mortgage through halifax but they turned me down. A financial advisor has told me he thinks i could just about get the mortgage but halifax work on a points system; they turned me down for for this reason + my house is in £2,000 negative equity. looking at my…
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Online mortgage sourcing software? One for the IFA's!
Hi, Does anyone know of a online mortgage sourcing software which could be used by someone to choose the best mortgage for them? Something like what moneysupermarket use? Thanks :)
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please help me get a morgage (self-employed)
hi i realy need some help trying to get a morgage the house im looking for is priced around £70000.ok heres my situation: 25 years old self employed for 6 years (books show around 15000 take home) credit score 845,on my CR ive got about 9 late payments spread over 3 companys but the last one was about 2/3 years ago nothing…
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Phoenix endowment surrender farce
Hi guys - I'll try sum this up best I can. After posting on here and speaking with IFA I decided to surrender my (not well performing) Phoenix endowment policy. I requested surrender forms on 3.6.09 (surrender value on 3.6.09 £8,500). They were sent out to me on 9.6.09. I filled them in and sent them back and they received…
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what would you do...
would you take a 5 year fixed rate mortgage and not save much?? or would you take a 5 year fixed and save about 200 pounds a month?? .would it be a good idea to take the 3 year fixed, if interest are higher then go on interest only for a bit....??????
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Which Mortgage to go for - less than 60% LTV
We currently have a £75K fixed mortgage on 5.99% which finsishes in February. We are in the process of moving and new mortgage will be £140k on a £270 purchase. Which rate would be the best to go for? 3 year fixed - 4.44% - £995 arrangement fee 5 year fixed - 5.75% - £995 arrangement fee 7 year fixed - 5.99% - £995…
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Best 20yr+ Fixed Rate Mortgage (2)
Following my last search Manchester BS have withdrawn the product we were looking at - just before we were ready to do the deal! So...does anyone know of any current 20yr+ Fixed Rate Mortgages out there? House value of ~£215K, mortgage of ~£85K required. Thanks, Oly.
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5 year mortgage or not ?
Hi we're coming to the end of our fixed rate deal with the Nationwide. We have 27k outstanding and feel we could pay this off within 5 years. I'm totally confused with the pro's and cons of fixed rate, tracker and variable. I'd really appreciate some guidance on the best way to pay off this outstanding 27k. i'm happy to…
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Quick Question.....
I have a mortgage with Halifax, I have recently fixed in at 4.54% for 5 years. My mortgage is £80,000 which is roughly 40% LTV. We would like to move from our 3 bed to a 4 bed and think we'd need an extra 30k to 40k to achieve this. My question is, Would it just be a case of asking them for the money? or would we have to…
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Lender & Survey
Hi, I've just recently had a bid accepted on a property and had the survey done. My lender (co-op bank) will obviously want to see the valuation but say they need the survey printed out on co-op header paper. I've phoned my surveyors (Barr Brady in Scotland) and they've informed me they don't have co-op headed paper and…
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best rate going...
ive had an 120,000 offer accepted on a house. what are the best rates available if i....... . put down 30,000 as deposit.leaving me a 90,000 mortgage over 20years on a 5year fixed rate mortgage. 75%ltv . put down 24,000 as deposit leaving me a 96,000 mortgage over 20years on a 5 year fixed. 80%ltv im tempted with the…
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Temporarily Saving or Overpaying?
Recently I've been working flat out to try and get money since times are hard and all. I've moved back with my folks, rented out my flat, been putting in overtime at work and managed to get a few 0% loans off flush friends and a fee free credit card. Question now is what to do with this money. My mortgage is currently a 5%…
