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Mortgage after separation
Hi All, I know you guys have read this stuff a thousand times before as have I but I've never found anyone in quite the same situation...so here goes: Had a kid, bought a house, joint 125% with Northern Rock (seemed a good idea at the time), couldn't stand living with baby's mother (please don't judge me, I have good…
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Mortgage Advice
Hi all, I have a A&L mortgage fixed rate since July 07 which ends in July 10, when it will revert back to the SVR. House was £105000 put down 10k deposit. Currently it is £600 a month. Since I have taken out the mortgage I have returned to education to study for a degree. I have a part time job which gives about £600 a…
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ulster bank?
Hi, i was wondering if anyone can help, i have looked at my credit file on experian, and have a soft search from Ulster bank. To give you a bit of info, I have applied for a mortgage with RBS at the start of December, i have a MIP and a valuer is coming round on tuesday. its basically a quick question to see whether Ulster…
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95% Mortgages?
Hi all, Does anyone know if there actually is anyone out there offering 95% mortgages? I am looking to buy a house at about 80k but at the moment only have 5k deposit. I started a new job recently and now earn 35kpa so can save this but situations mean I need to move feb/march next year so realistically I will only have…
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my problem with tha abbey
have a very small mortgage selling my house as husben is now out of work due to ill health with his spine. so need a mor pratical house found a property the same price as im selling mine so the bank says you have to make new agreement but you wont get it because your on income support we have been for 6 months were not…
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Can I change to mortgage only?
Hi - can anyone advise me if it would be possible to change to an interest only for a repayment mortgage for a while until we get back on our feet financially? I am in a 5 yr tie-in from with the Halifax from Oct 2009. I would like to try interest only for a year or so to give us a breather - would this go against us? Any…
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My Parents V Barclays Endownment mis-selling-Please help?
Hi, I have recently been chatting to my mum who said that she has recently has the Ombudsman rule against her claim that she was mis-sold three Endownment policies by a salesman from Barclays in 1998. he left Barclays soon afterwards. Basically there were three endownment policies that are due to finish in 2013, my parents…
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any decent 'interest only' mortgages available for 90% LTV?
Hi, I'm looking to borrow 500,000 with a 50k deposit - Interest only. I have had a look at my Bank's website and they have pretty poor rates for this scenario - such as 6.89%. All of their good rates, such as 2.89%, are only available for 20% deposits. And most of their 'interest only' deals are only available if you have…
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Stamp Duty Holiday - unsure about dates
Hi I am aware that Stamp duty goes back on 01/01/10. However, does this date mean that contracts have to be exchanged by this date or merely that a purchase has to be agreed etc. We've only just decided to start looking and with 2 weeks left we don't know if it's even reasonable to think about buying before the stamp duty…
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Mortgage Against Equity from Another House - possible?
Hi all, I hope you can give me some advice. I currently own a home valued at £155,000 with a £50k motgage. This is rented out and the rent more than covers the mortgage payments. I have now been offered the chance to buy another house (that I would occupy with my girlfriend). The house is valued at £130,000 but I would be…
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How do I take out additional borrowing?
Just need some advice please on taking out some additional borrowing from our current lender. We hope to borrow an additional 10k for home improvement plans in 2010. We have a 110k repaymant mortgage against a property worth around £220k by todays standards. Would we need to consult our usual broker to this or can we…
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Is it wise to go interest only for 6 months?
This is just a thought.. I've tried to do the sums, but with maths not being my strongest point I've probably miss-calculated.. I have a mortgage - rate of 5.99%, a fixed rate step mortgage with Abbey. It started out 3 years ago at 4.49% rising to 5.25% to finish on 5.99%. This rate ends in July, and I will go onto their…
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Can you help
I would appreciate any advice. This is my first post. I have a OneAccount, with an outstanding balance of c£75K. I pay approx £230 per month at resent. In general I have been happy with the account - though not the interest rates over the last couple of years - RBS have extracted the urine during that time. I am therefore…
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which mortgage should I start paying off first
I have 2 mortgages, one is for 116k at a tracker rate of 0.63 above BOE rate so currently it's a lovely 1.13% and I'm being charged £115 a month interest the Other mortgage is 100k at 5.99% for another 20 months at least. Interest on that is £440 a month I have a little bit of spare cash under 5k, which mortgage should I…
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ID needed for mortgage?
Our mortgage broker has said that the only forms of ID that will be accepted are pink driving licence, passport and tax code letter. My boyfriend has none of these, only a provisional licence. I rang natwest and they said for their mortgages they will accept a provisional. My boyfriend doesn't want to spend £120 on a…
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Help - being messed around by C&G
Bear with me, this is a little complicated, but any advice would be very gratefully received. I'm trying to buy a new car as my current one has died and I need it to commute to work. I was going to use a 0% credit card to increase my deposit but got unexpectedly turned down so checked my Experian credit report. The report…
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how do i remortgage to a better deal without a job!
hi to all, been with northern rock for 6 years and my deal is coming to an end this month, was a tracker fixed to base rate but will now jump 2.5% up the the SVR of 4.79%!! from a quite sedate £300 to nearly £600 called them to see if i could move to a new deal and was told the system doesnt have me elligable for any new…
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Joint mortgage but not paying - where do I stand for profit??
Hi, I currently have a mortgage with a friend and have been there for 3 years. I have recently moved out to a rented place with my girlfriend as my mortgage friend has kindly got a lodger in to pay my half of the mortgage, while I live with my girlfriend. So I am not paying any mortgage payment. It is a 50/50 split…
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Help::: Changing names on mortgage + deeds
My boyfriend and I bought a house with my parents last year. We split the deposit between the two couples, and were halving the mortgage and bills each month. However now, it is only my boyfriend and I living in the house, my parents live in Spain, and so we are paying for the mortgage and bills ourselves (the money comes…
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MSE News: Mortgage lending down in November
This is the discussion thread for the following MSE News Story: "Mortgage lending fell by 10% during November as the market suffered its traditional seasonal slowdown, figures show today ..." Read the full story: Mortgage lending down in November
