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Pensioner about to lose house-help!!
hello there I wondered if anyone could help. My sister who is 62 is facing redundancy next month. Her house is worth approx 190k and she has a mortgage of 53k-repayment type- which, due to a transfer of equity during a divorce 10 years ago, doesnt finish until she is 75. On her redundancy she will have a total income per…
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Further advance on Mortgage Help
Martin can you help or advise me as I want to complain and I think I should be compensated for having to take a personal loan out. I have equity of approx £53,000 on my property. I applied to borrow £6000 on my property ( my mortgage is with HALIFAX, and I have banked with Bank of Scotand for approx 30 years). I was…
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new mortgage - which one??
I have a £137,000 mortgage on a house worth just £165,000 (now). I am remortgaging and want a repayment mortgage over 21 yrs - these are the deals Im offered with the halifax: (I want to stay with them as if someone else comes and values the house Im worried the valuation will come out even less). : 2yr 4.89% fixed, fee…
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Confused Regarding Monthly Repayments.
I was talking to a mortgage advisor today regarding two possible mortgages, however I am very confused with regard to the monthly repayments for each. I want to borrow £60K over 15 years. The first mortgage is a base rate tracker at 3.09% and I have been told the repayments will be £416 per month which makes sense. The…
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First Time Buyer....help!
Hi I am a would be first time buyer and earn £27k. I don't have a full deposit but have enough for what would cover legeal fees etc. I had previously saved around £12k and gave this to my parents to help with their mortgage problems. My parents are semi- retired but their term will end next summer or so. Given my…
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Best 5 year fixed rate mortgage at the moment?
The best 5 year fixed rate mortgage that i've seen at the moment is with HSBC at 4.95% (60% LTV). Before i go ahead with this tomorrow i was just wondering if anyone knew of a better rate out there??:confused: Thanks
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anyone know of a capped tracker
like the idea of these but cant find any on line ? anyone know of any companys doing them at a fair rate
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AVIVA - Endowment Mis-selling Offer
Hello all. I've had a policy with AVIVA (formerly CGLA) since 1993 - paying just under £54 per month. To date i've made just over £10,300 worth of contributions! The policy matures in 2018. I got an offer of £8600 to close the complaint and close the policy. However, to surrender the policy now, I would get around £6300.…
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will we get a mortgage
Hi hope someone can help. We already own a property which is rented out for another 6 months so we cannot sell it. There is £145000 of equity in it and it is curently valued at £250000 We have seen a property we want to buy which we think we could get for £250000. We have a deposit of 30000 without selling the other house.…
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Mortgages for the Disabled
Hey, wonder if anyone can shed any light on this subject to me. I am 23 and have been in receipt of IB & DLA since I was 16. I have a birth defect andbone condition. My parter worked (way too much may I add lol) 56 -76 hours a week on two jobs until he was forced to take a break, and then diagnosed with Hydrocephalus,…
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Reduce Mortgage or New Kitchen????
i am looking for guidance on my mortgage - i am employed part time which makes up 50% of my salary and the other 50% is made up by self-employed income which is very variable and in the past lenders have not been happy to include this in my total income. I am 51 and most lenders will only allow me a deal that lasts til im…
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Can you get a mortgage on ILR?
Hi Guys, I hope someone can answer my question! My husband has just been granted ILR and we are looking to get a mortgage but have just been told that we might not be able to with my husband not being on the electerol roll. Can anyone clarify this for me? We are both in full time work and have been paying rent for the past…
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I am a mortgage wannabe (plus maternity question)
Evening moneysavers. I'll cut to the chase and hopefully an eager number cruncher can help. Missus and I want to buy a house. We are both in our early 30s and have a four month old baby. Our financial circumstances are as follows: I earn 32800 per year. I owe about £3000 on my student loan. £130 comes out each month. My…
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Stopping a Co-signer from re-mortgaging properties
Hi all, I'm going through Hell will my Ex Partner, some time ago we co-signed on some properties, But now when she left me, she has told me that she will Re-Mortgage these properties While I'm away on Holiday !? Is there anyway I can stop her from Forging my signature ?, and How would I be able to find this out if they had…
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First Time buyer - mortgage PPI
Hi, Natwest have offered to lend me the mortgage required for my first home subject to valuation, £144,000. At the same time as the agreement they have tried to get me to purchase payment protection insurance (£47.46 per month). Do i have to take out this insurance, they did not give much information or check to see if it…
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Looking For A Mortgage Calculator.
I am currently weighing up the benefits of two mortgages but I need a mortgage calculator to help me evaluate one. One mortgage allows me to keep money in a savings account and whatever I have within this account will be taken off the mortgage total, e.g. if my mortgage is for £60K and I have £5K in a savings account I…
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Will we ever get a mortgage?
Hi there, Would love to get some thoughts on the probability of my partner and I getting a mortgage. My partner got into a bit of a financial mess three years ago and owed £30k. He missed tons of payments and ended up with 3 CCJs. He's since payed all the debt off but obviously the CCJs remain with him for six years. We'd…
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first time buyer confused
hi, i have been offered the following 3 mortgages at 80% ltv 25 yrs for £136,800 mortgage 3 year fixed at 5.39 - nottingham b/s 5 year fixed at 5.59 - nottingham b/s or tracker at 2.49 above base rate for 2 years - natwest product fees are all similar which one do you think is the best, so confused regarding to go for…
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Is this an OK deal?
I've just come to the end of my deal with RBS (a tracker at the base rate minus 0.27% :beer: ). My balance remaining is £189k with a valuation of £225k (2 years ago), therefore my LTV is approx 85%. RBS have offered me the following deals: 1. Move on to the SVR of 4% 2. 2 yr fixed, 4.29%, £199 fee 3. 5 yr fixed, 5.29%,…
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Incorporating sole debt into joint mortgage
I was half way through processing a mortgage application by phone with HSBC, all was going well when she mentioned independant legal advice would be necessary to incorporate our credit card debts into the re-mortgage. Our CC is in my husbands name and i'm only the additional card holder. As far as i was aware, credit cards…
