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When does my mortgage finish??
Hi Just wondering aloud really, and will contact Halifax on Monday, but somebody might just have an idea. We moved in to our first home in April 1984 and took out a 25 year endowment policy. 5 years later we sold this house and bought our current one, taking out a 20 year endowment and moving in on 06.10.1989. The first…
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Advice on porting mortgage Abbey
Could i have a little advice on whether we stand any chance of porting our mortgage... We are trying to reduce our costs and downsize so that we can have a life back!!! We earn 33K between us, and we at the moment have a 136,000 mortgage, we consolidated our loan and credit cards with one loan of £13K We have just found a…
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Deed of assignment for endownment
Hi all, I have a few questions reference "Deeds of Assignment" for endownment policies Can anyone provide a link where I can get a free template that is legally binding. Once this is completed by both parties can it be witnessed by anyone or does it have to be a solicitor? Can both parties sign separatley (not speaking due…
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Current Norwich Union Endowment Yearly Growth Figure
I contacted Norwich Union earlier today for settlement figures relating to the 3 mortgage endowments I have with them.Bearing in mind that the smallest yearly growth rate they use to forcast shortfalls is 4% I asked the gentlemen I spoke to what was the present yearly growth figure.After requesting assistance from his…
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Interest-Only Equity Release
Hello, I'd like some advice about where my father stands with his pension credit after releasing equity from his property. He is looking to release a lump sum to purchase another property [the property will not be under his name], and is concerned that he will loose his pension credit. He doesn't receive state pension,…
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Where to go for a re-mortgage????????
Hi, Make this simple Mortgage is £79,000 and need a £95,000 mortgage It is within our means and money would be spent on the House itself! I do have a CCJ which is still being paid, I know this will go against me, But is anyone lending , even if you have a CCJ CCJ was in 2004 for £5740 Its down to £2700 now, but is ongoing,…
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mortgage deal ending soon
my fixed rate5 year deal ends with nat west in may 2010.since i took it out i went into a dmp with cccs 4 years ago.i still have 49k worth of debt i have 3 ccjs and 2 charging orders i like the security of fixed payments and have never been late or missed a single payment on mortgage.advice if i go to nat west will they…
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Mortgage payment holiday
Are there any consequences in taking a payment holiday? We are on a interest only mortgage and we have taken a holiday before for one month 3 years ago. If we take a holiday will we have to pay more back if we want to remortgage to another lender? Our current fixed rate deal ends in June 2010 and I will be looking to…
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I have never signed my mortgage agreement, is it enforcable
This is the first time I have used this site but I am desperate for some advice so here goes! I bought my house from a family member in August 2008 and i was already living in the house before i sorted out the mortgage. I arranged a mortgage offer and the mortgage started to be taken out of my bank in September 2008. The…
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Removal of partner from mortgage
I have a bit of a discussion going on, on the Loan thread about raising money to pay off my ex partner.. My solicitor earlier this week suggested my partner can't be removed from the mortgage and deeds until the fixed rate deal finishes next December otherwise I have broken the contract and will have to pay the early…
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Mortgage where previous owners are bankrupt - some info needed
Hi, I'm in the process of buying a house at the moment. The mortgage process seems to be going smoothly so far, and am waiting on the solicitors getting things sorted. It seems that at least one of the couple was declared bankrupt, and the trust on her behalf is an accountancy and bankruptcy firm. I had a slight worry that…
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Going back to work - Interest Only mortgage
Hi I have been bringing up my two children and receiving income support whereby my interest has been paid for as part of my benefits. I am hoping to return to work soon but was wondering whether it would be possible to continue with the interest only payments as I would not be able to afford the full mortage (natwest) I…
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Urgent mortgage advise needed please
Hi There My boyfriend and I are looking to purchase our first home together and have found a house we love. I have a terrible credit rating and can't even get a credit card so we will have to get the mortgage in his name only (even though I earn more) He earns £22,000/annum and has rental income of £8,000/annum. His…
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Transferring a Mortgage - Advice please
Hi All - I am a newbie on here so please forgive me if I make any forum faux pa's. We have a mortgage on our house with Northern Rock for £143K, our property is on the market for £199950. We are hoping to buy a property from my brother (private sale) for £340K. It's a 1920s old post office. My parents are offering to loan…
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Remorgage and clean up loans ect
Hi everyone, I hope you are all well. I wish to clean my act up a bit in the money dept and need some advice please. I have a house with a value of around 110-115k, and owe 70k. My current morgage is with first active and I have no ties to it. My credit card and personal loan are starting to be a pain although I can afford…
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Britannia Mortgage
Hi Guys Some help needed please I am planning to get a £25,000 mortgage with Britannia - interest only with a rate of about 4.5% - monthly payments of about £100. This is fixed rate for 3 years I just wanted to know that for eg if i pay £6000.00 lump sum after 1 yr (this is not including the normal monthly payments) i will…
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Any pointers out there would be gratefully received
Hi - new to forums, but figured worth a shot in case we( hopefully ) get some useful pointers. Basic story - we're mortgage free at the moment ( hence all the confusion now ) due to my husband and I meeting when we both had properties so sold both and bought current house outright. We've accepted an offer on ours and had…
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Interest only
Hi everyone. having a few money problems at the mo and struggling to pay mortgage. spoke to my lender (abbey) about changing my repayment mortgage to a interest only for a short period of time but was told that this would affect my credit rating due to it being class as being in arrears with my payments. Is this true, can…
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Chances of a mortgage?
Hi, What are the chances of me getting a mortgage for £139,950? I am a single mum. My son and I have lived with my mum for nearly 2 years and it is doing my swede in!!! (she is an angel really) I have no debts, and have managed to save £21,000. What are my chances? Or do you think I need to stop where I am for a bit longer…
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Tracker mortgae advice
I know absolutely nothing about mortages and money (other than how to spend it :rolleyes:). In 2008 we took out a two year tracker with the Co-operative and have really benefited financially from the big drop in interest rates, especially as it meant I could take a few extra months maternity leave. Now I am back at work…
