-
Can anyone help me work this out? mortgage total?
I am in a 2yr fixed rate of 3.99 until June 2011. Until the end of this year I am planning to overpay a little (special promotion where you can overpay on a fixed rate mortgage ending 31st Dec2009) each month. I am hoping to have my mortgage balance then to £170,000. For the next 1 and 1/2 yrs I plan to pay my mortgage…
-
Advice for remortgage required
Hello all, I currently have one freehold property and require to raise around 70k. My property was valued by Woolwich at around 80k so i would only recieve around 54 or so from a 70 % remortgage. Also my broker recommended wooliwich which is the best rate at the time according to msmarket. And i had my house valued by an…
-
Is it a good time to get a mortgage?!
Myself and my oh currently rent paying £550 a month, we have talked about buying a house for a while but we know very little about mortgages :o I know house prices are quite low at the moment so is it a good time to buy? Our combined income is around £32000, I have no idea what that that would get for a mortgage, my credit…
-
A young'n trying to elbow in on the housing market
Hi Everybody, I know I don't have too much hope of getting a flat anytime soon, but want to know any advice people have for me. I am 20, in full time employment (dropped out of uni in feb), and living with parents. Due to living out in the sticks; 15 minute drive into town; I really want to move if not into, then closer to…
-
Sell up or stay put
I have a BIG decision to make and I need help in making the right decision. I am coming to the end of my 3 years fixed rate mortgage. I would like to sell up completely and repay the mortgage. If I sell now, it may mean selling at a lower price than I paid for it. If I take another 3 years fixed rate mortgage, it mean…
-
Can you book a mortgage deal in advance?
Hi all, is it possible for my mortgage broker to book a fix rate deal for me in a veiw to start in say, 6 months time? If so will there be hefty fees involved? As i am currently enjoying nationwides BMR 2.5% but am worring rates may shoot up soon but could do with a few more months of low mortgage payments to pay a small…
-
Long term planning
Hi, I hope I can have some adice please :-) Within 5 years or so I would like to either move or extend my house. My credit rating is shot at the mo and I am on a DMP. I hope that within 2 years ( much less if I have my way) I can clear all the debts and start to build up my rating again. I dont have any CCJs but do have…
-
Desperate to move out of social housing.
:confused: I may be in cloud cuckoo land and would really appreciate advice please. I am employed on a very low income, am over 55 and have 10k in savings. My son, who is likely to leave home in next 3 years or so knows I am very unhappy where we live and that I want to move before he leaves. He has offered to help finance…
-
Changing Parties with Charging order ??
I currently have a mortgage with my ex partner and I am looking to complete a change of parties agreement with my lender. However since we have split my ex has racked up debt and I have now had a charging order placed on the property (on their half of the ownership). I feel that this is just the first of what could be many…
-
endowment advice required
Hi hope someone can help! mortgage with abbey national endowment with prudential these taken out before mis-selling act came into force as informed by f.s.a i had notice of possible shortfall in repayment approx 3 years ago so i increased my payments to abbey by 50% still receiving short fall notices from prudential…
-
Is this a good mortgage offer?
I'm a FTB and I'm looking to buy a house soon. I'm looking to buy one for around £110,000, I have a deposit of £70,000, so looking for a mortgage of £40,000. I was asked by the estate agents to have a meeting with their mortgage advisor, Countrywide, she asked me questions regarding my salary and deposit. I told her I had…
-
expat returning
We are returning to live in the uk after 12 years and obviously have no credit history, someone did a check and we were told we were a B, is that good. We now want a mortgage on a property valued at 270000 we have a deposit of 37000 pounds. What are our chances. we have bank and mortgage payment records from…
-
How to seek a mortgage payment holiday?
Hi, I've been reading on here about these and wondered how to go about it? Do I just write to our lender requesting it? Is it something that they usually allow or is it based on other things? My oh has been on short time for a while, and we have coped (just) but are playing catch up all month usually, and could do with a…
-
Mis-sold Endowment Claim Rejected - Help please!
I'm new to this, so please bear with me! I'm hoping someone can suggest what I should do next in my attempt to claim for being mis-sold my endowment policy, which matures in 2011 ... The Policy was originally taken out in joint names, then when my ex and I divorced as few years later, he assigned the Policy to me. I have…
-
mortgage broker online
Anyone heard of the Shire Direct Mortgage on line service
-
Abbey Mortgage offer...how long?
Hi, my husband and i have put an offer in on a house which has been accepted, however we had not set up mortgage yet, we seen a mortgage advisor who made an application to the abbey for us which was accepted in principal, after a week he had chased them up, they had no record of our application even although we had a…
-
porting with advantage....advice please!
Hi all, I am a newbie so please excuse my lack of knowledge. My partner and i have put an application into our current lenders, advantage, to port our existing mortgage of 118500 on our property valued at 125000 with the new property being 94000. with £12000 in savings. My partner is first named on the mortgage with an ok…
-
Mortgages for 50-60% LTV
I'm just wondering if there are ever any mortgages aimed at people with lower LTV's such as 50-60%. The lowest references to LTV's that I've seen is 75%. I was just hoping that with something less than this I could get an even better deal. Edit: now I think about it, there must be something, for people remortgaging. I'm…
-
To fix or not to fix
Hi all, has anyone some adivise for me? I was on a fix 5.74% £580 a month now on BMR at 2.5% £380 a month still owe 104,000 on mortgage house is valued at 101,000!!!!!!!!!! so stuck with nationwide mortgage advisor says he can get us a fix at about 5.something% for a fee of £250!!! but the £200 a month we are saving is…
-
Ftb: What can we do?!
I am new to this board; it always appears when I google, so thought someone might be able to help?! Hubbie and I have joint income of £84k. Stable, permanent jobs. Loan of £17k (funding post grad study few years ago) No credit cards, overdrafts or anything else hiding anywhere. Low monthly commitments. Checked credit…
