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150K 10% first time buyer
hi, i am a first time buyer currently looking at houses in the region of £150K, I only have 10% deposit. this is the thing, Me and my girlfriend were looking to get a joint mortgage but she owns her own business with a partner, and have only been open for one year. would it be possible to get the joint mortgage of should I…
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Help for mature student with mortgages
Hi Can anyone help my partners 27 and owns his own home, hes a full time student. Is there any help he can get with his mortgage and council tax as he obviously won't we working and will need the help of me and his family to help him pay it. Is there any other help available for him. Can you help.
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Maternity Mortgage Break - C&G
Can anyone help because it seems C&G can't until its possibly too late!! I am currently pregnant, due in June. My mortgage advisor told me it was possible to get a maternity break through C&G so I called them. As we have only been with them since April they can't discuss a mortgage break until exactly a year after we…
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FTB - Offset mortgages advice
Hi all, Looking for some advice - hubby and I currently looking for a the right mortgage for a house valued at 158500k and looking for a 110000k mortgage. We had an appointment at Natwest today to discuss our options and they suggested an Offset mortgage which I had no idea about until today, what do they base their rates…
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Interest only or fix
In 2007 I had to take out a new mortgage due to a divorce, my building society at the time (Coventry) decided that I could only have a SVR mortgage at 7.2% which was costing me approx £1900. Being unsure of if I could afford to live in the house or if I wanted to live in the house I decided not to fix and was advised of a…
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Aviva endowments
After reducing the final bonus on their with profits endowments in Jan and July last year what are the chances of them increasing them this year as the stockmarket has rallied a bit.
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Thinking of moving house mortgage advice??
Thinking of moving house, currently have 74k on a ING flexibible mortgage (the 0.9 above BOE base rate one). I would need to add 35k ish to my mortgage to buy the new house, can i just increase my existing one with this deal or not as i see they have ditched this product now???:confused: :confused: :confused: Also wary of…
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Help with 10% FTB Mortgage
Hi everyone, Im having problems finding a decent 10% First time buyer mortgage. Im buying a flat for £150,000 but only have a teeny tiny 10% deposit. Ive spoken to the mortgage guy at the estate agents (2 yrs variable at 4.79%) then remainder at current variable and had a look on the internet (RBS 5 yr fixed 5.26%). The…
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Self-employed with 10% deposit - impossible?
Please help! My partner and I are trying to buy a property for around £230-240k. He is set up as a Ltd company and has one year's accounts and is on a rolling contract. Our joint earnings are just under 45k per annum after tax. We currently only have 10% deposit (up to 24k). To complicate matters further he already has a…
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Has this endownment been value for money?
My Father(84) took out a 19 yr endownment on my Mother's(76) Life 14 yrs ago to pay for the purchase of their council house (£24,000). Basic Sum Assured £14,063 Guarunteed Death Benifit £25,500 Monthly Premium £102.28 = £23,000 paid over term. This looks like shockingly poor value to me as at even the most optimistic…
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Can we get a mortgage?
Hi, My fiancee and I are looking to buy our first house. We have a deposit of £30,000 and both earn £21,000. However, my fiancee has just started a new job and his contract is for '12 months in the first instance'. Will we be able to get a mortgage with him having a 12 month contract? Jenny
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How would this borrow back look to the lender?
My Current Lender is Northern Rock and i am to assume i am in the Bad bank of the switch even though i have an LTV of 40%. I have overpaid around 21k which is available for borrow back, but with them being more fussy on why i want it back (which i think is the case) would i be better lying what i need the money for? The…
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Mortgage broker - FA ' no longer authorised'
Hi I thought I'd posted about this yesterday but can't find a post! I've been talking to several commercial mortgage brokers & there are a few who are keen to help us find a mortgage. I've checked them on the FSA website and one of them comes up as 'no longer authorised'. What does this mean? The FSA website says "A firm…
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Looking for a 90% deal on a newbuild
Hi, We are currently looking at a new build house that we plan to part ex our current one against. Up untill now I did not realise that the 90% deals I had seen might not be allowed against a newbuild house. Has anyone seen any 90% deals around or do I just need to save more! Cheers Mike
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Can we change the names on our mortgage from 2 to one person?
Can we change the names on our mortgage from 2 to one person?
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Mortgage Arrears
I am 3 months in arrears with my mortgage. I missed March 09 July 09, August 09 . I am paying the monthly repayments since sept 09. I am self-employed and had been in plaster for 4 months, so the missed payments were an accumulation of lack of sales over the months I was in plaster. I am playing catch up. And while my…
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Looking for some advice.....
Hello there, Happy New Year to you all. I was hoping that the forums would be able to provide me with some advice. My wife and I purchased a new build two bed apartment in May 2008 for £115,000.00. We paid a deposit of £30,000.00, taking on our first mortgage of £85,000.00. We now wish to move and have seen our dream home,…
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First Time Buyer - Advice Please
Hi In February I will be applying for a mortgage, via a broker I believe is a good idea. I just wondered how the process worked in regards credit checking. i.e Is it done when your broker finds you a product by the company the product is with? Or is it done once your offer as been accepted on the house? I have a few…
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FAO Mortgage Express Customers
Mortgage Express are resuming their campaign to reduce the size of the mortgage book and recapitalise by renewing their offer to waive early repayment charges for clients that are tied in on deals. I am told that ME customers and Bradford & Bingley branded clients will be mailed mid january to confirm this offer....keep an…
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pay off mortgage?
I have an endowment mortgage which will end in 7 years, the endowment will realise about 60% of the amount owed.I am present paying the interest only, in March I will be in a position to pay off the mortgage in full. Is this my best option or is there a better way of doing it. cheers Dave
