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mortgage advisor questions
just picked up the downloaded moneysaver guide to mortgages. off to see the advisor this eve, just been trying to think of some questions to get the most out of the 'free' discussion. many thanks :confused:
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Mortgage help
Could anyone help me on the following, waiting for Halifax to come back to me. We moved in to our new house on 8th December. Our mortgage for our old house was with the Halifax, as is our new mortgage. I have just checked our bank account and a payment has gone out to the Halifax for our old mortgage amount under the old…
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Lowest 2yr/3yr Fixed rate (with lowest fees)
We are currently coming to the end of a base rate tracker mortgage with NAtionwide for which we are currently paying 1.97% (fantastic). Obviously anything we move to is going to mean a hike in our rate but I have been looking around trying to find the best 2/3 yr FR deal possiible. The best I have come up with so far is…
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Request for lower mortgage - refused!
Hi We have just sold our house and are in the process of buying another one which is £40k lower than our existing house. We have approached our existing mortgage lender (Norwich and Peterborough) and requested a mortgage of £30K instead of our current mortgage of £62k as we will be using the proceeds of the house sale to…
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mortage advise
hello due to see a ifa in the new year to sort out a mortgage, we will be looking for one with the option to over pay just want to get a rough idea of our options 1 what will be the most we can over pay 10% of total balance? 2 does this mean a higher apr? 3 any bank /builing society known for this type of mortage?
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Any Mortgages for Abroad
Looking for a mortgage for an appartment in Budapest any recommendations?
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Living together but with sole mortgage
My girlfriend is in the process of buying a property I might move in with her when it's all sorted. However she is the wage earner and is buying the house in her name, it'll be all hers and the mortgage is in her name. She's just told me the mortgage company say that if I move in, Ill have to sign something saying I have…
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Residential mortgage on Investment property
Hi, Ive found a property which is up for around £100k, its an old commercial building. It has planning permission however to be converted into a residential property. I have 2 mortgages in place for another property that fell through 2 weeks ago. 1 is with the Halifax, the other is with RBS. Do you know if either of those…
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Does credit limit affect credit score?
Hi, A quick question. Does credit limit affect credit score? The reason I am asking is because I was recommended by credit expert to reduce my credit limit. This apparently will increase my score, the reason being that I don't use the credit on my credit card. Maybe the people providing the loan sees that I have a load of…
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Endowments..sell or let it run it's term.?
Hello folks, anyone up to date with endowments.? I've two endowments due to end within two years,( luckily no longer needed to pay my mortgage - swapped to repayment). My question is whether they're worth keeping or whether cashing them in now would give me substantially less cash.? :confused: I could do with the cash but…
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Change of title / re-mortgage help
I have recently split with my partner whom I shared I joint mortgage with. I want to take the house on in my own name but are struggling with this. The mortgage is with HSBC and they have said that in order to take the house in my own name I have to re-mortgage in order to have a change in title on the deeds. I was unable…
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Mortgage/Interest only advice please.
Hello all. This is my first post so please be gentle with me if I ask any obvious questions. We are in need of some advice but I am a little unsure about going to a financial advisor. My problem is this. I live in a 2 bedroom semi-detached house, with my wife and two children. My kids are 3 and 6 and are boy and girl, so I…
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Offset Tracker or 5yr fix?
Looking for some opinions on current mortgage offers I am looking at. I am currently deciding whether to go on FD's offset tracker at boe +3.04 or Leed BS 4.75 5 year fix. :confused: I will be offsetting by 15k and then saving around 1k a month on a 121k mortgage. obviously rates will rise within those 5 years but its…
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Mortgage Advice
Currently my partner and I have a joint tenancy agreement where we pay equally into the mortgage and would have an equal share of any proceeds on the sale. I am looking at investing some of my savings against our mortgage but would like to understand how and what I would have to put in writing which would enable me to get…
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FTB Purchase Price vs Property Value
If I'm a first time buyer who has the opportunity to buy a repossessed flat, how does a lender view the LTV in relation to the purchase price? I dont have much deposit, but could muster up something small if necessity required... Some numbers may help: Offer price - £120k Estimated market value - £150k the property last…
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Consequences of getting caught
I have a fixed rate mortgage, with a company who do not allow buy-to-let mortgage. A few months previously, due to a work move, it became necessary for me to move out of the house and rent elsewhere. In the meantime, I couldn't afford to leave the property unoccupied, so I rented it out privately. Now, the inevitable has…
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Mortgages, satisfied defaults and poor credit.
Hi all, I know this is probably a key topic on this forum but I just want to understand some more of my position say in a year or so times. Currently my defaults have roughly 2 years and 6 months left before they disappear. I have given as much detail as I can. Oh, we earn £35k together. So we don't have the option for my…
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about problems with credit for mortgage
Hi can anyone offer me advice please, I have recently had to stop work due to ill health and have accrued debt that the best thing is to consolidate, I have applied for a mortgage via lloyds through the cheltenham and gloucester (I have had a mortgage off this bank for years and years no problems), they have decided that…
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Halifax
Anyone know if Halifax only check three years of credit history when applying for a mortgage with them?
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Really need some advice/help - credit scoring??
I'm so gutted. I need some advie from soneone who understands credit scoring/credit records. I was bad with money a few years ago - say 3 years ago and further back in the past: * too much debt, (£35k at worst :o ) * 4 credit cards, 1 overdraft and 1 loan * several missed payments with credit cards- which were all paid…
