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The Village
Does anyone know of a scam run by an organisation called 'The Village'. My husband had a call on his mobile phone from a man who knew an awful lot about our circumstances but he wanted to know more, especially about our mortgage. Obviously, my husband told him nothing and kept asking him what 'The Village' was. The man…
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Selling my endowments
Hi, I have two endowment policies that are due to reach maturity in 6 years. After selling my house a few years ago I decided to keep paying into both. As money is a little tight I would like to cash in/sell either one of them or both. I have spoken to my Insurance company - Zurich, who have told me the current value of…
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shared equity/ownership, rent back advice???
Hi, need advice on any of the above or help with my situation. A family member has recentley passed away and has left the estate consisting of cash and property to myself two sisters, Dad and uncle. My Dad who gave his house up in a divorce settlement with my mother some years ago and has rented since wants to buy this…
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Can i get a mortgage
I had loans and a credit card and ive not paid them since 2005. I want them of my credit file. How can i get rid of them so i can get a mortgage. I managed to get a mortgage in 2007 through first national but ive also got into arears with that. Got a boyfriend now and we want to sell my house and buy one together. Who can…
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Bradford n Bing claim I owe them from 2002!?!
Had a few calls from Bradford and Bingley (that's who I was with, is it Santander now?) recently. They are claiming that I defaulted on a mortgage payment in 2002 and I owe them £79. I've always paid direct debit and let the lenders and my bank sort it out and to my knowledge haven't ever missed a payment. When I asked…
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One Account at 3.75% vs RBS offset at 3.75% - any difference?
We are just about to go for RBS offset at 3.75% (v low arrangement fee and no early repayment charges) but someone has told me we'd be better with the One Account at the same rate. I can't see how it's any different - we are still paying same % on same amount of money surely? Isn't the difference simply that for the one…
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Alliance and Leicester and Santander the wait goes on.... and on.....
I recently put in an offer of £225k on a house which has been accepted. The property is a repossession and to cut a long story short, another buyer came in and I increased my offer to £231k which has again been accepted. I have gone through a very well known whole of the market fee free broker who does have a presence on…
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Remortgage, not on electoral role
Would appreciate some advise from anyone that can advise.I live in India but due to ill health I find I am in the UK for about six more months until I return to my house. I'm 62 years old have a £200,000 house with an outstanding mortgage of £9,000 I have never defaulted on my mortgage and have a long standing tenent in my…
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Cashing in the endowment to pay off the mortgage.
I am in the happy position of only having 26 more months to pay off my mortgage. The current cash-in value of our endowment policy (which we divorced from the mortgage long ago - it's been kept going as a stand-alone investment policy) is £32,000. As luck would have it that now matches the remaining value of our repayment…
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5 year fixed with no limits on Overpayments
Hi all, my ERC finishes soon on my current 5 year fixed (LTV 40%), are there any companies doing 5 year fixed rates at the moment with no restrictions on overpayments? Also what the going rate for 5 years fixed at the moment? Thanks
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separating - whats best to do with the house?
Hi there- Hoping to get some advice on my current situation. My husband and I are in the process of separating, its been on the cards for a while and so far we have been able to keep it relatively amicable. The one aspect that is causing us grief is our house. Its a 2 bed so even if we are in separate rooms we are getting…
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CIS Endowment Advice
Some advice please on a couple of CIS Endowments I have. Policy 1: Start Date: 01/04/1995 Maturity Date: 01/04/2020 Monthly Premium: £25.80 Basic Sum Assured: £7020 Guaranteed Death Benefit / Target Amount: £15,000 Total Annual Bonus as at 01/01/2010: £1550.50 Cash in Value: £4676.20 Latest Projections 4% £9390 Final /…
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Mortgage offers
How long should it take a first time buyer to get a mortgage? I have a guy that wants to buy my house but has lost his first offer - I am not sure how long to give him before I pull out of the (small) chain I am in and put my house back on the market:cool:
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Can I get a mortgage??
Hi. Some advice needed please?? Thinking about selling house to pay off credit cards or they'll be with us forever. Is it best to sell house, rent for a while so credit score improves - some missed payments but up to date within a month - or is there a lender out there who will lend for a new mortgage pending…
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mortgage vs savings - advice sought...
Hi, I have a nationwide mortgage that is currently at 2.5% - I'm overpaying it by a faair bit at the moment but ive been debating for a while whether to put a substantial amount towards it - about 1/3 of my savings which would take of roughly 1/3 of the remaining mortgage. At the moment and for the next few years (as i…
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Housemate in debt, have a joint mortgage
Hi, Not sure if this is exactly the right board to post this on, but here goes... A friend of mine (honestly!) has a joint mortgage with his housemate. However, his housemate has got himself into a lot of debt and now has an IVA. The mortage itself has not been defaulted on and this is the only linked financial product…
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Interest v repayment - Help needed
How do you work out how much you pay eg: £100k mortage on interest only at 5% = £5000 / 12 = £416.66 per month. How can I manually work out on £100k at 5% on a repayment mortage? I know there are tools avaialble, just wondered how to calculate myself the increased amount from interest only to repayment. Cheers Mucho.
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When to remortgage
My fixedrate is up in July. My mortgage advisor has contacted me concerning putting a new deal in place as you can hold them for six months and he says there are good ones on the market at the moment - I am only interested in a fixed rate. I am not sure whether to take a deal now or wait for a few months incase better…
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Fixed rate period ending, what should I do?
Some advice please. My 4.95% 5yr fixed rate with the Nationwide is ending this month (endowment mortgate, 12 yrs left to run, red letter shortfall etc). My wife wont be returning to work for at least two more years (Both kids in full time school by then) Should I just enjoy the 2.5% (or whatever) Base rate (approx £138 per…
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Mortgage advice please
just bought a property for 240k with a 2yr fixed rate mortgage at 4.01% interest only. On the mortgage agreement it says the property is for residential for myself. My broker didnt ask me at the point wheather I will be living or renting the place out. I am now looking to rent the property out as my personal circumstances…
