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Fixed Rate - Silly Question but has anybody managed to get out of theirs
We have fixed rate 5.18% with Nationwide due to end Nov 2011, learnt today that if was on SVR would be paying approx £180 less per month, :eek: sometimes me thinks its not good reading some info on these sites LOL
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buyinh house of parents with no mortgage involved
hi i may have the oppertunity to buy my mum and dads house off them, without having to get a mortgage or pay a deposit. my parents would like to sell me the house and they have been thinking aboutdoing it via a solicitor, as in making a contract to say ill pay them a set amount every month just like id have to with a…
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Quickie remortgage question (FT remortgager!)
I've just been offered the following new deals after coming to the end of my 3yr fixed term ----%feepayment pcm ----cost over 2 yrsinc fees 2 year --4.19£995.00£783.70£18,808.80£19,803.80 2 year --4.89£0.00£836.70£20,080.80£20,080.80 3 year --5.19£995.00£860.00£20,640.00£21,635.00 3 year…
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Split from boyfriend - Change of Parties form rejected - what can I do?
Hi - I'm new to this forum, and have been informed that's it's the best place to come to get some advice........well here goes my situation: I've recently split from my boyfriend who I have a mortgage with. As he is moving out (30/11/09), I/we want to have the the mortgage/deeds soley in my name. We have only been in the…
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Mortgage NR
My partner and I have moved into his house that he owns jointly with his ex-girlfriend. The house was brought for £175K and is probably worth now aroun £160K. She currently pays nothing towards the property but if the property was to increase in value she would be entitled to half of any equity. Is there any way that we…
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Interest-Only?
I was made redundant earlier in the year and my wife is working part-time until she finishes her training course, and we're struggling to pay our repayment mortgage with HSBC. We have had a mortgage with them for 5 years, and never missed a payment. Today (and previously) I have requested to go onto interest-only for the…
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getting a mortgage
Hi I was wandering if any one can help? I have just relocated to a new town and have got a job but am waiting for CRB clearence to start my new job, i finished my last job at the end of october, my Husband has already started his job and we have found a flat we would like to buy. But i am worried that because i have'nt…
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Valuation Help
Hi, Hope someone can help or shead some light on my situation. My partner and I are currently trying to buy a new build Barratts house under the governments Homebuy Direct Scheme. We have found the house we like and via a Financial Advisor submitted our applicaiton to RBS. So far everything has gone well, we have been…
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Abbey mortgage offer class of post
Hi We have been waiting for ages to exchange and the FTB in out chain have just had their mortgage offer accepted again through the abbey and have been told that it will be sent out today. As soon as it arrives we will exchange. My question is, do the abbey send out their offers via first class or second class post? Sounds…
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mortgages - the future
Hi all, I don't post on this board often, but have posted a thread on this same subject on another board. Just thought it may be of interest/use to some on here: Most posters on her have a view on mortgages, credit access, impact on house prices & the wider economy, the good parts & the bad parts. There is a wealth of…
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When Northern Rock splits into "Good Bank and Bad Bank"
What do you think the chances are that those in the bad bank will be offered to have part of there mortgage balance written off to enable them to remortgage elsewhere ? From reading on this board I know of Advantage Mortgages that did this as they were winding the business up. Isn't this the aim for the NR "bad bank", to…
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french house
We have a home in France which we have no mortgage on. does anyone know if we can use this as collateral against a buy to let in England ?
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Which lenders won't let you have a sole practitioner as your solicitor?
We recently had a mortgage agreed with Britannia but they called me today to say that we have to change our solicitor as they don't deal with solicitors who are sole practitioners (I didn't realise they axed sole practitioners in October!). Fine, we'll give our business to a lender who does deal with sole practitioners.…
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Partner walked out 2 weeks ago joint mortgage
Hi, and could someone help? Partner has gone back to Mummy's house he has joint mortgage(taken out two years ago) with me , he paid lump sum £80,000 deposit , i put in zilch, but have paid my half for the past two years,shared the bills etc, no kids,but he hasn't paid this months mortgage. I never signed a Declaration of…
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Does anyone know how to get out of a joint mortgage??!
Hi i'm a newbee and i'm so sorry if i haven't done this right!!! My partner of 2 years still owns a house with his ex - it's a joint mortgage and he cannot get out of it - the ex is refusing to respond to solicitor letters and we have offered a number of different options to her - including her purchasing the house,…
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Whats my chances?
I was recently refused a additional £10k advance on my mortgage by AL why i dont know, however im desperatley looking at short term monthly outgoing savings, im paying 5.04 on a 5 yr fixed which im tied into till nov 2011. Balance is £138000,:eek: i was wondering what my chances would be if i asked them to increase the…
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BTL - mortgage or not?
We have a mortgage free house that we currently rent out. The house we live in now is also mortgage free. It looks like OH's job might take us out of the country for 2-3 years, and we probably wouldnt move back to this house when we come back. Houses round here just aren't selling at the moment, so we'd probably look at…
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Endowment policy is it worth keeping?? Financial advice Please.
Hi All, Please could someone give me some advice regarding my endowment. Thankfully it is not attached to a mortgage anymore. The details are: Commenced 1991 Terminates 2016 guaranteed sum on maturity 10,890.00 Bonus earned: 3449.37 Current Monthly Payments £55.12 x 81 mnthly payments outstanding Current Surrender Value to…
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Company mortgage or outright purchase?
Hello I am a Director of a company which is purchasing a property (which will be a holiday let). The company is in a position to be able to purchase the property outright from a combination of savings and investments (shares) but is considering whether it would be better off just committing savings (approx. £120K) which…
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BTL mortgage with low personal income?
I was looking into buy to let mortgages and it seems that some (all?) lenders require you to have quite a high seperate personal income in order to give you a buy to let mortgage, even if the rental income would easily cover the mortgage costs. Am I correct in thinking that or are there some that lend just on potential…
