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FTB - Insurances with Mortgage
Hi Sorry Im not sure if this is the correct place to post but here I go. Myself and my boyfriend have just had an offer accepted on a house and we are currently going through the mortgage process. The lady at the bank has advised us of certain insurances we will need such as Home and Contents, Life, Critical Illness. Im…
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Best deal for low-ish LTV?
I'm coming to the end of a fixed rate mortgage period and looking to remortgage for a better deal. LTV is around 50%. I'm currently looking at First Direct (base rate + 2.49% for term) and HSBC (1% discount on SVR (currently 3.99%) for 2 years). These 2 deals are fee free and start with the same interest rate. But how do…
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Remortgage for an extension
This is a really tricky one but hopefully someone can point me in the right direction. I am looking to remortgage my existing property to build an extension. I have planning permission and building regulations approval. The difference between the value of the property (valuation on completion of the extension as advised by…
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FTB 30% ish LTV mortgage?
We are hoping to sell our house (no mortgage on it) next year (ha ha I hear people say!). IF, we do then we hope to buy a house around the £250k, with our savings and equity from the house we would be looking at around a 30% LTV mortgage required. I guess because we currently have no mortgage we'll be classed as FTBs. So,…
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mortgages claim
Don't now if i am in the right place but over two years ago changed my mortgage with a broker from 'cartel' They done me a good deal and then they came back and told me that I was miss sold my last mortgage and had a claim BUT had to pay them £495 and if there was no claim I would get the payment back and they told me it…
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Mortgage question...
I'm going to see a mortgage advisor tomorrow, I only need a mortgage for £40,000 and he says "I charge a fee of £295 which is only payable if and when the mortgage completes." Is this an ok fee, he says he is whole of market or should I see a fee free advisor, I have a LTV of 35%? Also I'm a ftb and all this is new to me…
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Please delete
nothing to see...
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ongoing joint mortgage
I have a joint motrgage with my ex fiance. during my time at the house i asked her it would be easier just to sell the house now, take the debt and move on but she didnt want to do this. after much arguing and and assault a few months ago (on her part); i had to leave the property as i felt under threat. ive had a letter…
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interest only mortgage
Hi, I'm posting to ask for some advice on behalf of my parents. A year or so ago they bought a house for £220,000 with the cash proceeds of the sale of their previous house. After living there for a while they decided to extend the property and to raise the money for that they had an interest only loan for £15,000 over 10…
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What's happening to HBOS?
Just been offered a job with HBOS (Halifax) with a opportunity to become a mortgage adviser when I complete CeMAP. But I was told that HBOS is being broken up and sold off (which is a familar news) but also any new jobs there are doomed...is this true? Any mortgage adviser jobs with Halifax is going to dissappear when…
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Which one to get first: loan or BTL mortgage?
H there, I'm willing to buy a BTL property, considering I could get a 10% deposit BTL mortgage. As I don't have the 10%, I was thinking about getting a loan. However, the question is: Shall I get the loan first and then apply for the mortgage or get the mortgage first and then the loan. Which way is more likely for me to…
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FTB - New Job
Hi everyone, Just looking for some advice please. Myself and my partner are looking to buy our first property. He was made redundant (used to work in the car industry) and did some temp (6 month contracts) work. He has just (currently in his 3rd week) got a permanent job with the NHS. We wanted to know what the deal was…
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Pension Mortgages
I am 63 years old and my husband is 64. We bought our house in 1986 . The Insurance Company we were with at that time advised us that instead of taking out an endowment policy to take out a further pension policy together with one he already had out and that at the end of the 25 years we would be get the sum of money we…
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Prices and rates?
Hi there, I am looking ahead to my fixed rate mortgage deal ending next June and wondered what everyone's view is on where you see house prices and 5 year fixed rate deals being in 6 months time. Any comments? Thank you
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mortgage help needed, ccj from 2002
Hi As stated above we have a ccj that was issued (unknowns to us) in January 2002, for £1022. We were totally unaware of this until we tried to remortgage in 2006. We paid the money and got a letter of satisfication from the court, and the Chelsea remortgaged our property for us. Fast foward to today, for the previous two…
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Porting mortgage to lower value property
Hi, First time post! I hope someone can help it seems an easy question but I can't get my head around it. I'm considering selling my house and buying a cheaper one. HSBC say they will let me port my mortgage as it is a flexible product and is entirely fee free. I want to keep it as its 0.99% above base rate lifetime…
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Some advice Pls
I have 10k of debt which I am slowly paying back. Our mortgage is up next year and we have paid 6 years of it on repayment but am considering taking a 2 year interest only deal and ploughing the money I would save on monthly payments to the credit cards. Would you recommend this or stay clear and just struggle on paying…
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Endowment mis-selling - Ombudsman
Originally posted in wrong thread. Our question Quote: We referred our mis-selling to the Ombudsman in August 2006. In August 2007 an adjudicator upheld our complaint. Unfortunately the Firm requested an Ombudsman decision. Again in 2008 another Adjudicator upheld our case and again it was referred to the Ombudsman and…
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tenants in common - what happens to the mortgage if one party dies?
My partner and I have a joint mortgage and are tenants in common (rather than joint tenants). We have some outstanding mortage debt on the property. Theoretically if I were to leave my share of the house to a third party, would that third party become jointly liable with my partner for any outstanding mortgage, or would my…
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applying for mortgage after divorce
Hi. Dont usually post on this board. My partner has after many cout proceedings finally been granted a divorce. As part of the divorce settlement he has been ordered that he remains on the mortgage for the former matrimonial home for a maxmum of 4 years. he has been indemnified from paying the mortgage although we…
