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Any 90% LTV Remortgages ????
I am stuck on NR svr at the minute on a 50/50 repayment / interest only mortgage.....I have 22 yrs to run with a £186,000 on a house valued £210000 ish...in 10 years i will get a lump sum of £124000 in todays terms....should i sit tight with NR or look around...is the interest rate going to rise this year ???? Any advice…
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Widow and mortgage is in my husbands name!
:think:My husband died 3 weeks ago I looked after him for 2 years as his carer. The mortgage was in his name only and the life cover is not enough to clear the mortgage. I have had to apply for income support again and as soon as I notified the DWP all the benefits were stopped. I have an 11 year old daughter and approx…
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Single applicant with a big deposit but very low salary-advise needed
Hi everybody, I'm a single applicant first time buyer and really confused about what to do. Over the years I have managed to save a big deposit, £55000 but now I'm on a very low salary, earning £10500 a year gross. I have found a property I'd like to buy, it's worth £90000. I think I can take out a mortgage upto £60000 but…
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Some advice pls
Hello Would like some advice if poss. I am thinking about buying my first home, have been renting for years and thought I would but the money to good use and buy my own. Here's the problem I have bad credit and wanted to know if I could still get a mortgage? Thanks Louise
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Electrol Roll Paper Proof
Hi, Basically im after a mortgage on a house but need to be on the electrol roll so with the electroll roll papers coming out tomorrow i will be putting myself on where im currently staying but i need a mortgage in principle asap as ive found a house and will have enough to cover it and have good credit scores the address…
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Help with Mortgage interest
Hi guys, I am having trouble worknig out how much my mortgage payments will be when we come off our fixed rate. It's not until next May. We took out a £180,000 mortgage in May 2007, over 30 years and fixed for 3 years. Monthly payments currently £1167/month with approx £970ish being interest payment Current rate is 6.59%…
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Some help with picking a mortgage deal
Hello, I'd really appreciate some opinions on helping me pick a mortgage deal. I'm presently on my lenders SVR at 4.99% and owe about £142000. The house is worth around £200000. I can overpay about £500 a month (fee free) Now, I've got an agreement (agreed in principal by first direct) a 3YF at 4.09% (no fee) but am now…
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Joint Mortgage for Second Property
Hi There First post so thanks for any help in advance ;) We (me and my missus) currently have a morgage on a 2 bed apparment that we have been trying to sell for 2 years. Anway... In those 2 years we have been saving to add to the proceeds from the sale of the appartment to get a nice 4 bed detached we have seen on this…
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FTB 90%LTV on a new build house. Any lenders doing them?
Hi Looking for a 90%LTV on a new build house. Advice I have so far suggests that only 85% products are available. Anyone know of any lenders doing 90% on new builds? Thanks
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Mortgage application referred to the underwriter
How bad is that? What are the chances of refusal? The mortgage manager told that the reason we are referred is that it is high loan to value (90%). The decision is tomorrow, but I am so worried!
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Loan To value Percentage Exceed the intial Loan to Value Percentage
Hi any one can help me in this reagrd, I have taken commercial mortgage from Salt commercial in July 2007, I submit the application in May and intially they accepted on standard conditions and the manager has said as well. Then they appoint the surveyor to survey the property paid by me and about after one and half month…
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Negative Equity but Want to Change Mortgage
I currently have a Plus mortgage with the Alliance & Leicester. The total mortgage was for £131,875 This consisted of a 95% mortgage of £106,875 and a £25,000 unsecured loan. The property is currently worth about £112,000 therefore still short of the overall mortgage. My partner and i are looking to buy a house together…
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Single first time buyer - can I possibly get a mortgage?
Hi! I'm currently looking into getting a place of my own. After having spent the last year or so renting with two friends I need my own space. I've looked around and there's a couple of little house for 50-60k which look worth a look. I only earn 20k a year, would I be able to get a mortgage do you think? It's all very…
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Mortgage Term Reduction Strategy
Hi, In November my fixed term comes to an end and I'm straight on to Lloyds/TSB SVR at 2.5%. My remaining term will be 10 years. I really wanted to cut this term down to 6 years as I could comfortably afford the repayments up to an interest rate of 7.5%. However, my wife's circumstances have changed so the 6 years plan has…
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Mortgage advise/options - Buying house with house to sell/rent
posted on other board but should probably be on here now with it being a question of mortgages: - #1 Tra77 MoneySaving Stalwart Join Date: Nov 2006 Post Count: 269 Thanked 56 Times in 46 Posts Buying house with house to sell/rent - Urgent pls help! Not sure if I'm posting on correct board but anyway. . . property has…
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Mortgage: to fix for 2 or 3 years?
Hello all, Well we've finally bit the bullet and bought a new house. A rather big new house it must be said and one with a not inconsequential mortgage attached! Having said that it's one that we can certainly afford, it's just being both Scottish and a Martin Lewis fan I 'm not known for being easily parted from my cash……
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Overpay or make the term shorter?
I'm in a position where I would be able to buy a property for a very good price, putting down a 30% deposit and still have lots of disposable income left over every month (mortgage would be under £200 per month if taken over a 25 year term, taken over a 5 year term it's more likely to be around £650.) In order to be more…
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Mortgage on current house - partner discharged bankrupt
Hi guys, My husband is a discharged bankrupt (3/4 years I think) and we own our current home jointly and outright. We would like to get a small mortgage (£25,000 on £200,000) to make some improvements..... As we own the house jointly, I assume we will need to get a joint mortgage - Now, my credit rating is just lovely now…
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Mortgage charged to stay.
When I last fixed my mortgage, my company charged me £999.00 to stay with them, is this right or can I claim this back?
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Want a mortgage when I return to the UK but currently overseas
Hi All, I have a job with a company which is based in Scotland. Last November my employee asked me if I would move to the USA as a secondment. They offered me a pay rise to do this and currently pay me in USD. This coupled with the fact that I could stop renting my previous apartment meant that I was able to save money for…
