-
What happens when it is time to pay out
Can someone tell me what happens when it is time for the insurance policy to pay out on my endowment policy. My wife lied about her age she said she was born in 1939 when in fact she was born in 1935. What stance will the insurasnce company take on this. Thanks.:confused:
-
FTB LTV/Deposit question!
Hi Guys, Im a FTB and have just had an offer accepted on a house of £130,000. I was planning on putting 10% down as a deposit (£13,000) but have been considering putting a bit more down, say £3000, totalling £16,000 deposit, giving me a lower LTV amount. Would this extra £3000 help towards bringing my interest rate down or…
-
Early Repayment Penalties
I got a fixed rate of 6.25% from the Abbey in April 2008, which at the time was a good deal. My fixed rate ends on 3rd April 2010. My circumstances have changed and I put the house on the market and have hopefully now got a buyer. Given the state of the housing market, I'll be lucky to walk away with enough to pay the…
-
Abbey 3 Year Fixed 5.49% 85% LTV
Hi All, I'm a first time buyer and am just in the process of making an offer on my first property! I've looked around a lot at mortgage deals and have spoken to banks and brokers and the best deal by far I have found is with Abbey at 5.49% fixed for three years. The booking fee is £495 but it includes £250 cashback on…
-
I can't get a remortgage
Hi all As my current mortgage deal comes to an end early 2010, I thought I would give my current lender - A&L - a call to see what deals they have. I was more than surprised when they told me that they cannot offer me anything as my LTV is currently 101%! They worked this out by using something called Halifax Price Index…
-
my wife is not the brightest penny
When I met my wife I was about 6 years younger than her going by the birth date she gave me 1939. Years later we bought a house and got an endowment policy on it. A few years after this we decided to go to Australia for a holiday, we needed passports and my wife also needed a birth certificate to get hers. So I sent off…
-
Shared Equity - supposed to help 1st time buyers! Not me...
Hi guys, Just after some advice really. I'm a first time buyer and found the perfect house and agreed to buy the property under the shared-equity scheme (I would own 75% and the housing association the other 25%). I went to see an independent financial advisor who found me a good mortgage with the Halifax. :T I was about…
-
Living outside UK
I tried to apply for a mortgage but live outside the uk ( living in european country) Tried mortgage broker who said I could get a decent mortgage. Only problem is I live outside the uk so my wage goes into a non british account. Thus I have uk bank account , on electoral role etc. Two options were presented. 1. If I were…
-
Mortgages with defaults???
Hi All, I wanted a bit of advice and hoped that some clued up money saving expert could help!? I wish to purchase i new house on a 75% LTV mortgage...i have approxamately £40,000 deposit to put down. A while ago when i was younger, me and my partner missed some repayments and have around 3 defaults each for the total of…
-
mortgage help
We desperately want to move out our house, for us its too hard to maintain-eg,we have about half an acre of grass which my husband has to find the time to cut and weed. There are other ongoing issues with it too, poor drains that constantly block, leaky conservatory. We haven't got the money to pour into it anymore. I am…
-
Newley Self employed/Company Director - is a Guarantor mortgage an option?
Hello everyone, I'm the director of my own limited company so for mortgage purposes I think I'm classed as self employed. Been doing this since April and things are going well. I currently own my own house and have done so for about 4 years. I have an excellent credit rating with no ccj's etc. I'm looking to move but the…
-
Advice re. mortgage/moving house
I am hoping that somebody might be in a position to offer me a little advice. I am currently living in a house with value of £200,000 with £183000 remaining on our mortgage. Our mortgage is with Nationwide and we are currently on their 2.5% SVR and overpaying £650 per month. We have a combined income of £65000 with £45000…
-
Will We Be Able To Get A Mortgage!!!
Hi Everyone Please could someone help me!!!! My fiance and I have saved up 23k in the past year to buy a house. We have seen one we LOVE for 190k. So we have about a 10% deposit and then a bit left over for Stamp Duty etc. We have no o/s debts. He has just paid off a 7k car loan in full, and I have just cleared my one and…
-
Mortgage advice required - it's complicated and stressing me out!!!!!!
Hi, I am after some advice please from any financial advisors or people who have been through the same thing. I have approached a financial advisor already and I am waiting for his reply and views and I am going to see a solicitor next week but I just want some other peoples experiences because it is seriously stressing me…
-
First time buyer with no clue where to start!
Hello, I am currently living with my parents as is my boyfriend. We have discussed and feel that we are ready to buy our own place. However, I have no clue where to start. What do I need to know? Where do I start? Any help would be greatly appreciated! Thank you in advance! Emma
-
What sort of mortgage
I've seen a house I like and can afford a 5% deposit and that's all. I'm a first time buyer and am very confused with what to do :confused: I'd be grateful for any advice at all
-
Mortgage for a house far from my work place
Is it possible to get a standard owner occupied residential mortgage for a property which is far from the work place, e.g. 200 miles? I have a mortgage agreed in principle based on my job in South East. Will the bank still lend me if I buy a house e.g. in Yorkshire? I would quit the job and either find a new one close to…
-
NDF Administration/Homemaker Plans
Hi There. I have received a letter saying that NDF Admin has gone into recevership. I have a Homemaker plan currently worth about 3500-4000£ My IFA does not seem to know much and is being really unhelpfull, and I do not know what to do, is any body else in this situation? There seems to be little info re this. I am tempted…
-
Splitting up of the banks and Offset mortgages
I know all the talk about splitting up the banks (Lloyds TSB in particular) is a probably at a very early stage, and may not even happen. However If Lloyds are forced to Sell C&G and a person has an offset mortgage with them offset against a Lloyds TSB account. How will this work, can the person elect to keep the mortgage…
-
remortgage on a house that is unregistered
Hi All, Any advice from knowledgable individuals most welcome. Would i be able to remortgage a house that is not registered at the land registry? Thanks Kindly Dave
