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Small mortgage needed - best options
Apologies in advance. I'm sure similar questions have been asked but I don't normally venture to this area of the boards Anyhow, if I anyone can offer any advice, I'd be grateful I'm 38 and have around £110k equity in my current house and I'm looking to downsize and buy a house that I think I could get for £140k This…
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What Morgage for First Time Buyers
Hiya all, Thank god its friday :j I need some of you mortgage experts to help us out. We have a combined annual income of 32k, we are looking to purchase a property around the 150k mark, and we have between 10-15% deposit, any advice on what mortgage to go for? We like the idea of a fixed rate instead of a tracker as we…
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Help!!!!!!
I am currently "Up to my neck in it" to put you in the picture, I have £7,500 of mortgage arrears, no savings and no job. I have a terrible deal with Accord Mortgages and honestly feel like just doing away with myself. Any realistic help appreciated. I have been to Citizens Advice but simply got a budget pack to complete.…
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£1000 doing nothing
Removed. Wrong section, Now posted in Mortgage Free Wannabe
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Where to get the additional funds from
Hi there We're currently in the process of selling our property and have put a deposit on a new build. To cut a long story short we have a shortfall of around £20-30k taking into account current mortgage and equity in our property. I've met with our current mortgage provider and we're tied in for another 2 years on a fixed…
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Could someone help explain this mortgage statement to me?
I currently have a Together Mortgage with NR and also buildings and contents insurance through NR themselves (taken out when setting up the mortgage). Currently the 'Together split' is approx £65k of mortgage and £17k of unsecured loan. The payments for which are £441.01 and £103.69 respectively (£544.70 total). When I…
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Rasing money through equity with HSBC? Please help
I'm trying to help my mum sort out some finances as she owes £8k to various cards. My mum has a fairly bad credit record in terms of late payments but there are no defaults on her report and never a late or missed payment for the mortgage. This is often due to paying things at the post office and not through direct debit…
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why are btl mortgages so expensive??
Ive started to rent our property out and i got consent to let from my mortgage provider, now me and the wife are thinking about getting another one but the fees are massive and the rates are not really that good. Having took into acount the massive fees we will not enter back into the market yet, how long do you people…
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MSE News: Lenders cut fixed mortgage rates
This is the discussion thread for the following MSE News Story: "Nationwide and Abbey have become the latest groups to announce they are reducing rates ..." Read the full story: Lenders cut fixed mortgage rates
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To fix or not to fix, that is the question...
First post, so bear with me.... I have an A&L mortgage which is currently on an SVR of 4.99% (monthly payment of £1,075). I came off a 2 year fix in Sept 09 (at 5.79%) and was not given a choice about moving on to the SVR given the LTV. I had spoken to A&L and was urged to call back in early December (which I have just…
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Need to relocate and prob buy much lower-value property; have flexi portable mortgage
Hey Folks, Grateful for any advice. My current house should sell for 250k (ish) and I have a flexible, portable mortgage of 175k. I need to relocate but I can get what I need house-wise in the area I'm moving to for in the region of £115 - £130k. I don't want to pay off my existing mortgage and look for a new lender as my…
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fix or stay as we are?
hay, im coming off a fix rate of 6% in march next year will be going down to 2.5% above base rate, i was just wondering if any intelligent people could tell me if i should run out and try and get a fixed rate or stay on the variable rate and if so how long do you think i have before i should be looking to fix
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porting your mortgage
We sold our house in November and have 3 months to port our mortgage before losing a substantial amount of dosh. We didn't bank on buyers being so awkward and lack of houses and are now desperately worried about losing our money. Does anyone know of any way to extend the porting period or has anyone ever done this?
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In need of some help
Hi – I am new to this site and am in real need of some advice from you all please. When my husband and I bought our first property, my parents took out a mortgage of £45,000 on their property to help us on our way, which we pay for each month. Fast forward to now and we have our own mortgage of £105,000 on our house, plus…
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How to get a mortgage if you already own the house?
Can anyone please advise me? My dad has just helped my husband and I buy our first home. He lent us the money to buy it in cash due to the house being in a poor condition and conditions of sale being that we must complete and exchange in 4 weeks which we managed. We could not have probably got the lender to lend us 80% LTV…
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a quick question
mortgage advier called today and said he got mortgage aproval paper and asked for when i need the survey done. that means i have been accepted? I have had huge problems with my 2007-2008 accounts and wa looking to get a mortgage for a house 230.000 and 18 percent deposit.. but as soon as i offered 25 percent it seems they…
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Mortgage fact find forms & buildstore
Hi, This is my first post (ooooh) :) I have just got off the phone with the Buildstore to talk about a self build mortgage. With a follow up (detail) call next week. All was fine, really nice people, good advice etc, but one question... They asked that among the details I get ready for their fact finding form, I should…
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who to go to for mortgage help & advice..?
We're in trouble with our mortgage currently and, though the government's Homeowner Mortgage Support scheme looks ideal for us, our mortgage lender insists we're not eligible to apply. They're basing this conclusion on some hastily cobbled together income/expenditure figures my partner submitted a couple of months ago.…
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Help needed!!
Hi, I am after some advice really. I have split from my ex a few months back. Now, the original plan was that she would sign the house over to me ( we have a mortgage in joint names). We owe about 83k and i earn just under 20k so i thought i would be ok. However, the application came back declined because we are in…
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Getting money back after remortgage completed
Hi all. Just wanted to get some advise. I have today completed on a remortgage and now have a 3 year fixed deal with Natwest for 4.39%. It also happens to be the day that my monthly mortgage repayments go out by DD to my now old mortgage lender. So now that I have completed and am no longer with Nationwide, should I be…
