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Remortgage advice please.
Hi forum, Hubby and I owe just short of 55k. There are 2 parts to our mortgage. 1st one is around 15k on capital repayment ( due to end in around 6-7 years). 2nd part is around 39k on interest only. Monthly repayments in total £414. Both parts are on SVR so we're not tied in, think it's around 4% at the moment with RBS. We…
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Mortgage intrest calculator
Can anyone please tell me if theres a calculaor around that works out how much of your monthly payment is infact interest and how much is capital? Many Thanks
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C&G Early Repayment charges
I am in the process of moving home. I want to Port my existing C&G mortgage to the new property. The loan will be the same amount and the terms exactly the same. I have gone through the application over the phone and they are not prepared to allow me to Port this mortgage at the same amount as before. Nothing has changed…
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Could somebody please help on an offset mort. calculation
I am going round in circles here and wonder if somebody could help me using the calculator in the offset thread above to work out whether it is viable for us. My head half say yes but I can't get my head around paying an extra 1.25% interest purely for the pleasure of having an offset mortgage. Heres the figures, any help…
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My fiance is a professional gambler, can he get a motgage?
Hi My fiance and I would like to buy property together in the future. I already own a property and am self employed but what is the likelihood of us getting a mortgage together with his career being a professional gambler? What would be required of him to prove income etc as he is not technically employed. Thanks Sam
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Remortgage options - advice required please!
Hello, I'm brand new to MSE, so please forgive me if I don't do things properly... I would be really grateful if you would offer some advice on my options regarding remortgaging... Apologies for the lengthy post just thought it would be useful for you to have all the background info… I currently have a fixed rate mortgage…
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Mortgage? Advice please!!
I own my own property outright but need to free up some money to pay off some debts and pay for some home improvements. Can anyone tell me what the options are for getting a mortgage :confused: ? Any help appreciated!! Thank you :beer:
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Thinking of surrendering my SL endowment
I've been put on short time and could do with some cash. I have a Standard life endowment with a surrender value of just over £6000.We are just using it as a savings plan. If I surrended it would there be charges and/or tax to pay? Would I get the full amount? Or would I be better off selling it? Sorry if questions seem a…
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Additional borrowing advice
Hi all We need some advice please. We'd like to do some home improvements and may possibly need 10k to do this. Our mortgage situation stands at 110k outstranding against 240k house value. We're thinking of taking a secured loan with our current lender Northern Rock but we have only just remortgaged with in June-Do we need…
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Advice needed - 85% LTV on New Build
My husband and I have a 10% deposit saved and the developers are offering us a 5% gifted deposit on a £180,000 new build property, giving is a LTV of 85%. Can anyone suggest where we might be able to get a mortgage for this property? My existing lender will not accept a gifted deposit as part of the 15% deposit.
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100%ers
Hi. Does anywhere still do 100% mortgages? (ideally up to 125%). Thakns, mick.
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Mortgage Advice - No Deposit and 2 defaults.
Hey all, I imagine these kinds of questions get asked a lot though by there very nature tend to be quite individual. I was just hoping that someone could maybe provide me with some further information or even point me in the direction for the below situation? I'm 23 and currently live with my girlfriend in a rented…
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Coownership Re-mortgage with bad credit
Hi I am in serious need of some advice. I bought my house in Feb 2008 for 195,000 as part of the shared ownership scheme. I got a 100% mortgage on my share of 40% of the property (£78000). The house is no longer worth this amount. We'll now be coming to the end of our fixed rate and the rate will go up to something like…
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Buying a house: Is part mortgage, part cash possible with lenders?
Hi, I have my eye on a house, which was originally valued at £220k, but has now gone to sealed bids at around £240k which I would like to target. I have a 25% deposit of £55k, and an agreement in principle with a lender to borrow £165k, so total I have = £220k (which met the original asking price). This is the absolute max…
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Financial Advice Needed
Going to try keep this short, Last year my boyfriend was made redundant and had no luck finding a new job for 5 month so we decided to try and start our own online ecommerce shop. Our website is now up and running but there is still so much work to do on seo etc. The website is looking good, it just needs hard work and…
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Help! Waiting on RBS mortgage approval
Evening fellow MSE-er's! I wondering if I can tap on your extensive knowledge of the mortgages and credits scores. I'm currently waiting on a decision on an RBS tracker mortgage (2.99%+BBR with £999AF) - however, prior to applying for the mortgage, I applied for a credit card in order to transfer my old student overdraft…
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Mortgage advice
Hi All looking to move, house valued at 140k owe 88k on mortgage. looking to buy 250k house. joint income £4200 after tax per month all went well with bank until mentioned worked for our selves and company only been trading 12 months. Since been told this a major problem.:eek: we have got the option of being paid the same…
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Mortgaging to convert out houses?
Morning all! I have a query which isn't really straight forward: I currently own a house which is worth aroud £450,000 with a very small interest only mortgage (its on a tracker so is costing pittance). I have some out buildings that I am looking to convert into living quarters, maybe build a full house. How would I go…
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Mortgage application in but just realised I've missed this months credit card payment
I'm currently applying for a mortgage with Abbey and Yorkshire Building Society. Just remembered this morning that I hadn't paid my Virgin credit card this month. It was due on the 2nd September. I have paid it, but how much damage will this do to my applications. I haven't missed a payment or been late for years, just…
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applying for another mortgage?
We have been accepted for a mortgage, but since then a better deal as came up with a diffreent lender, is there a chance if we apply with the other lender we will get refused, for applying to different mortgage providers within such a close time?
