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car finance and mortgages
Hi there, I think i may have an unusual situation which i would love some advise on. I am a home owner, in the process of going through a remortgage (woolwich). The mortgage application has been recieved and we are awaiting a valuation. this is all fine, accept in my eagerness to get in on the government scrappage scheme…
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Friends Ex Refusing To Pay His Half - Repossession Fear
Just hoping for some advice from someone who may have been through something similair and has practical advice based on their experiences. I have been through some of the legalities myself and gathered as much concrete and hypothetical information as possible but I feel that others experiences are worth their weight in…
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LTV v Loan to Purchase Price
hi, this is my first post - i have been trawling through the very helpful forums for an easy to my query but proved unfruitful. therefore, here goes: i have accepted an offer on my house which is less than the purchase price paid 4 years ago but after solicitors fees, estate agents fees etc, we should come out of it with…
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2 yr Fixed v 2 year Discount
I am currently looking for a house and am trying to keep abreast of the best mortgage rates in the meantime. I am buying on my own and can afford a house up to £130,000 and am lucky to have a 10%-15% deposit. Conducting a simple search, the best rates at the moment seem to be: - HSBC Discount - 2 YR DISCOUNT - 3.89 (0.05…
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Joint Mortgage problem
In the last 4 months I have split from my fiance. We have a joint mortgage but are currently in negaive equity and she wants to sell ASAP even if it means taking a big hit and going into debt. She has moved out of the property and in with her parents as they live close by. Mine live a long way away. Her father sent me an…
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transfer of equity help!!
Hi guys, I am new to this site but would really appreciate some help. My ex partner and I split up over a year ago and we had a property together. The valuation when we bought it was £165k and due to a great deal, some payment breaks, and 5% paid, we got a mortgage and the balance is roughly about £160k. The thing is, we…
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offer gone to underwriter what now
Just completed an application to extend mortgage to pay off several credit cards but application had to go to underwirter anyone else had this outcome and what are chances of getting approval got to wait a couple of days for reply with HSBC
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Halifax mortgage advise...
Hello. I would like some advise. I am going to view a shared ownership property next Monday and I have first priority on reserving it. I have an agreement in principle with Halifax and I just called them to find out what score I got with them, as I have read on here Halifax will score you A, B or C. I got an A and was told…
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Barratts homes head start scheme
Well, theres a couple of things I'd like to ask for advice on this subject. The home we wan't to buy is 120,000. And with the scheme we would have to pay 100,000 of the mortgage. Firstly, Im a student and my partner earns 18,000 a year. We have been advised that on this wage we can get 85,000 mortgage. We have saved an…
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We're in our new home!
Hello, I have used this forum once in a while over the past 8 month. I first came on when we were selling ours to gain advice after gaining an offer on the property after only 2 weeks of it being on the market. Things werent straight forward though (different obstacles coming in the way) but the rollercoaster has been…
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House builders have stated wrong (lower!!) purchase price on contract
Hi there, The situation is that we are first time buyers (so new to proccess) who have reserved a new build house. We negotiated a discount with the house builders of 5%. The purchase is going through, we have recently recieved a contract from the house builders own solicitors to sign, that states the gross purchase price…
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Offset mortgage cash savings or pay off capital
Is there any greater effeiciency in paying off the capital on a mortgage or keeping it in the offset account as cash and then paying off the capital once you have built up the cash amount to match it? Help much appreciated. Phil
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First plus - Variable interest rate
I have a second charge mortgage with First Plus ( Barclays's Bank) they have just written to say that they are putting their interest rate by up 0.8% . They strees that as my interest is varaible they can do that ! There is no reason why they should do this are they are already charging well above the Bank of England rate…
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Can I get a Mortgage on a low income
Hi, Due to divorce I would like to take over a £40000 mortgage so that I don't have to move house. I currently have an endowment policy which is not connected to a current mortgage which is due to mature in 2013. The current surrender value is £25000 although 1 year ago it was £27000 so I am reluctant to cash it in at the…
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morgage after bankruptcy
we are about to go bankrupt in the next month and have given up our home as we will loose it anyway, i know i will have to also give up my ltd company as i can no longer be a director while br. after i have been released from br i know it will be hard to get a morgage so i was wondering what chances would you be able to…
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Can we get 2 mortgages?
I think I already know the answer to this, but I'm going to ask anyway! Please bear with me as my knowledge of mortgages is very limited. Have a property valued between £150-£160k with o/s mortgage of approx £75000, currently being renovated, but it won't be ready to go on market for at least a month, and then we don't…
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Remortgage or wait 9 months?
I am on a 2 year fixed rate mortgage with a rate of 6.1%. I went onto various websites and put some details into moneysupermarket.com. I was called an hour later and the guy took some more details and suggested I have one of their experts round to go through the options. He is coming tonight, but I have just called my…
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Advice On Mortgage Overpayment
Hi All I am overpaying on my mortgage and want to make sure I have this set up correctly so any advice would be appreciated. I am currently with Nationwide and making the maximum £500 overpayment per month. The first time this payment went through I got a letter from them advising as I have overpaid they were reducing my…
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Tories say they will keep low base rate after general election
12:15 15Sep09 UK Opposition Would Seek Loose Monetary Policy From BOE LONDON--The U.K. opposition Conservative party would want the Bank of England to keep monetary policy loose for as long as possible if it wins a coming general election, economic spokesman George Osborne said Tuesday. In a speech Tuesday, Osborne said…
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pep mortgage claim ?
my first mortgage was a pep mortgage with halifax has any done a claim for missold peps ? thank you paul
