-
Which mortgage deal to go for?
Hi there. I am on a variable rate with the halifax which at the moment is great. We are paying next to nothing in interest. Sadly this ends in November. I have looked at the halifax website and the mortgages for exisitng customers all look a bit rubbish with high arrangement fees (what are these for!!!!! :mad:) and not…
-
Mortgage transfer advice please...
Hi! This is an awkward one, but think I already know the answer... My daughter has split from her boyfriend but still living in 'THEIR' house & he's moved on. However the mortgage was taken out in HIS name only & she's been paying it, since they parted. He sems to think the actual mortgage could be simply 'transfered' into…
-
Scottish Amicable endowment maturity values.
Has anyone had a Pru (Scot Am) policy mature this year? If so, could you post what percentage (4,6 or 8) they worked on, and approx how much was the shortfall (if any). Thanks.
-
Fee calculation
Having a brain dead moment, I'm coming to the end of my BBR +0.18% :( Planning on sticking to Halifax SVR of 3.5% unless I can get a 5yr fix at 4% or less (I know dreaming...) I'm reckoning that would come with a £1000 fee that I'd have to add to the mortgage. Remortgage would be around £58k (60%+). What % would I need to…
-
Mortgage Advice
Hi, I am new to this and dont have a clue where to start so bare with me. This is my current situation, me and my partner obtained a home start mortgage 3 years ago with HSBC, this has just come to an end and it has automatically been reverted to the variable rate. The first 3 years have been interest only so in theory we…
-
Would we be starting as a First Time Buyer?
Hi We are going to put our house on the market shortly, due to a new addition to our family, this will be 4 children. So when we are looking for a new house it might be possible that there maybe nothing on the market suitable for our needs. If this is the case renting once ours sold would have to be the way to go. My…
-
How long does Abbey need to take!!
My solicitor had to fax Abbey with a notification that part of my mortgage deposit is being loaned by my parents (but with no expectation for it to be repaid unless the house is sold). Now, they faxed this information last Thursday, and suggested it should take Abbey around 24-48 hours to reply, but as yet Abbey have still…
-
Mortgage advice re sub-prime
I'm in a funny position and struggling to get sensible advice. Any help would be really appreciated. I owe around £100k on a variety of credit cards and other unsecured loans (v. bad investment decision). This is being paid off by monthly instalments and the arrangements have been in place for around 3 years. I have…
-
28 day Repossession
Hi all, noob here. Anyhoo, I was in court yesterday and was given a 28 day repossession order. Today I rang my bank (Abbey, who are also are my mortgage provider), to ask whether it will impact on my Abbey bank account. The friendly lass on the other end of the phone told me that it wouldn't, so we said our taaraa's and…
-
Interest Only Mortgage Question
I am on a interest only mortgage went on the variable rate this month from being on a fixed rate. Obviously, there is now an reduction in the amount of money I pay however, I would like to pay this off the capital owed. Am I able to make overpayments in order to increase the equity in my house or do I need to establish an…
-
Any thoughts on how long to fix mortgage?
Hi all, Purchasing a new house and require a new mortgage to go with it. Does anybody have any thoughts on how long to fix for as we're supposedly coming out of recession?? Following consultation with my financial planner, options seem to be 3, 4 or 5 years 3 year 4.78% 4 year 5.09% 5 year 5.69% I'm tempted to go 4 years…
-
BoE set to leave monetary policy unchanged
13:31 08Sep09 SCENARIOS-BoE set to leave monetary policy unchanged LONDON, Sept 8 - The Bank of England looks certain to leave interest rates at a record low of 0.5 percent this week as it continues to steer Britain's recession-hit economy towards recovery. Most economists also expect no change to the central bank's 175…
-
Mortgage on property to renovate
Best lenders?
-
Woolich lifetime tracker
I have a woolich lifetime tracker at 0.19% above base rate.If I sold my house and downgraded my morgage to our life easier for us all, can i take the tracker with me? Eg That is to transfer it to a cheaper house. Thanks
-
2.97% for 25 years ... I must be missing something ??
Hi all, My discount tracker rate will soon be coming to an end (beginning of November) and have just found this on Charcol's website. I must be missing something - or being stupid - or both but ... that isn't 2.97% for 25 years is it ? It says the initial rate is 2.97 and the period of initial rate is 300 months but I am…
-
Remortgage advice sought.
Hello I am coming to the end of year 2 of a 3 year fixed term mortgage. I am wondering if it is worth remortgaging now. ERC is 1% plus fee of £160 3 year rate is 5.75% monthly payment £570.18 Loan £80000 Property value £130000 Assuming it would cost £935 to close the existing mortgage, would it be worth changing now, given…
-
Cheltenham & Gloucester
Im having a nightmare with C & G at the moment - applied through Lloyds branch for mortgage - valuer went round and requested further reports on property - these were carried out and sent to them last Tuesday The girl in the branch keeps telling me that they are in the hands of the valuer and there is nothing she can do. I…
-
Mortage Advice - Delays with Clydesdale
Hi all, first post here. I'm a first time buyer looking to move out of a shared rented flat into a my first house. I had my offer accepted on a house around the middle of June this year, and applied for my mortage with Clydesdale Bank through London and Country mortages. Clydesdale were offering a mortgage rate nearly a…
-
Any hope?
Hi All, I've been on here alot lately and been asking questions about whether now would be a good time for us to move. Three years ago I had six defaults registered against me because I was having a hard time, it was stupid but I've maintained payments and last month paid off all my debt. They aren't showing settled on my…
-
Trackerjack
I have just applied for a Coop Bank 3 year Tracker, got in on the previous rate of 2.39%. A variable rate which is 1.89% above the Bank of England base rate. At the weekend I see HSBC have launched a 1.99% 2 year Tracker but as I understand this is a discounted rate and therefore means there is no guarantee the rate will…
