-
Re-mortgage
Afternoon all, Quick question, I took out a fixed rate mortgage with G-MAC in 2007. This was subsequently transferred to Mortgage Agency Services (Brittannia). This has now been sold on to Co-Op. The original fixed rate expired in March 2009, and reverted to a tracker @ 2.3% above BOE Base Rate. As I am either in negative…
-
ge money arrears ? help
hi struggling to pay one months arrears have asked them for intrest only on short time work or extnd the term has any had any sucess in dealing with them really stretched finances at the moment. thank you paul
-
HSBC Branch Mortgage Process - Standard Practice ?
Hi, Wondering if someone can enlighten me on the HSBC Branch Mortgage process? I went in to a HSBC branch today to start the mortgage process on a house I am interest in. Sailed through the agreement in principle process, so all great up until that point. I know what product I want so nice and simple there. I then steered…
-
Mortgage Nightmare
Hi I dont know if i am on the right thread but i need help. I am in the process of a divorce and have a joint mortgage. I want my husband taken off it as i have been left to pay it for the last year...please dont read that i am a money grabbing....person. I am in a new relationship with a much older guy that i want to…
-
First Mortgage Payment help
Hi All Need some help!! We completed on the 30 October and our normal monthly mortgage payment is £914 payable on the 1st of each month. Our mortgage advisor had stated that we would expect to pay 2 weeks after completion and then from the 1st of the month thereafter. So I thought that the first payment would be interest…
-
Woo Hoo!!
We moved from a shared ownership flat to a house three years ago. We got a loan and mortgage combined because we needed to pay off some debt and pay to furnish the extra rooms with Birmingham Midshires. It was a difficult time as Northern Rock had gone bust and all the cheap deals got pulled. So we fixed at 6.99%, total…
-
Good mortgage but I will be moving – advice please
I believe that my current mortgage is reasonable. I have an existing mortgage which will be fixed for another year at about 5.5%. When this fixed rate finishes the rate reverts to base rate plus 0.75% according to my paperwork. I am currently selling my house which places me in one of two positions- 1. If I find my ideal…
-
How much to borrow?
Hi all, I'm currently looking to buy a house having been saving up a deposit for a few years. In the area I want to live in there are houses ranging from about 80k to 150k. I assumed I could borrow about 4 times the value of my salary (20K) so would be looking at 80k (Plus about 35k deposit). Having looked at some mortgage…
-
Can comeone help me with my calculations?
Hi, I have a new mortgage and wanted to know how much capital I would be paying off each month and how much interest I am paying daily so I can start being a MFW. Details; 22 year term. Fixed rate of 5.29%. Amount borrowed £124100. Have asked mortgage company as it isn't on my paperwork. They can provide it but will cost…
-
Nationwide mortgage
Hi. need some advise please, here is the story applied for a sharedownership mortagage on 20/10. turned out that first the address was not the correct one and they had done the correct valuation but needed to put it on my file. The the percentage bought has never been changed from 35% to 45% fault of broker again.…
-
mortgages in spain IPP Global
Has anyone heard of IPP Global in Spain, they are promising to re negotiate any mortgages in spain and half the monthly payments. They are asking for a fee of 1200 euros, which makes me wary, payable when their 'solicitors' have checked all the details?? Mmmmmm...
-
house insurance
I have a mortgage and my partner used to pay for the house insurance he has not paid for over 6 months is it illeagal? Should i contact the mortgage company?
-
Endowment payout and tax
Help. I have a mortgage endowment running and it has been for years. It is due next year, and I have just had some compensation (thanks to Martin) but had to pay a lot of income tax. WIll I have to pay income tax on the full payout? If so, I am going to loose out massivley. Anyone, can you help?
-
Mortgage Number Crunching!!!
Hey Guys, I've just spent the last hour or so doing monumental amounts of sums regarding the mortgage im about to apply for tomorrow. Its the Natwest FTB Exclusive, Fixed for 5 years at 6.39%. I've taken 3 term lengths 25, 30 ad 35 yr terms and worked out each of the following based on lending £117,000: 1. Repayment % of…
-
Proof of address post repo
My parents house has been sold after having been repossessed. The mortgage company's solicitors want proof of ID (passport is ok) and proof of address before they will release the surplus funds from the sale. My parents are staying with friends, are not paying any bills in their name and have no proof of address from the…
-
Endowment -Do we continue?
Advice please from those in the know;) We have a Legal & General with profits endowment started July1986 Sum assurred £14,720.00 £40,000 on death Existing bonus to date £13,070.30 2008 bonus rate 1.25% applied to both existing and basic sum assured. Total of basics sum assured and annual bonuses £28,137.70 Monthly prem…
-
FTB - quick question re quick mortgage
Hi all Me and my boyfriend have been saving for just over a year and have a decent deposit. We've seen a house we both like and would just like to know how long it takes to get a mortgage??? We nearly went for one with HSBC but we decided to pull out as the fee was ridiculous and we felt a bit rushed into it. When we were…
-
Is it possible to have 2 mortgages???
Hi, Here is my problem, I bought a house with my ex, we owned the house for 4 years when we split up and I moved back to my parents, but I had equity in the house so I agreed that she could pay me a fixed amount each month till I have the sum we agreed on, I said I would not come off the mortgage until I had recieved the…
-
Britannia: A great offer or me being thick?
I'm due to come off my existing discounted tracker rate on January 23. It's been great while it lasted but I expected things to get much more expensive now. However, I've just come off the phone from them and they say it will revert to base rate plus 1.5% for the life of the mortgage. I'd been looking for a lifetime…
-
Only need 50k but because i got a promotion to Director, I'm screwed
I am in a bit of a crazy situation at the moment because of this purge on the self-employed. I was promoted to a directorship at an SME, gaining a good jump in salary at the time. I have been on the rubbish std variable rate with my current mortgage provider for about 12mths and am looking to remortgage to a tracker. The…
