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Help, suggestions, please!?
Situation is I have graduated from Uni... got new job... £17,000 a year. I have no family where I live or friends that are wanting to move... GF is looking to move to London so we are not looking to move in together. Sharing in the area is pretty non-existent...as in house share and tbh I don't want to move in with…
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Mortgage - can they not buy before they sell?
Hi Not for me but what happens in the following scenario: 2 ppl not working, took early retirement, and about to reach 60. They have 20k left to pay on mortgage. house valued at 175k. They want to buy a house at 200k, bank will give them another mortgage of 50k if needs be. However they have found a property to buy but…
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10 year fixed??
I'm currently on SVR 4.24% with Britannia and have 12 years left on my mortgage (£75,500). I'm considering going for a 10 year fixed as a) I won't have to bother again and b) I like the security of a fixed rate. I'm thinking now is a good time to go for it before rates start increasing again but have cold feet about making…
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Mortgage advice if possible
I am driving myself loopy at the moment so can anyone offer any advice on my/our situation. I need/want to move. I have around 20k equity in current property possibly more but depends on sale price. I have savings for fees/moving costs Looking at a new property with a value of 90k. We need a mortgage of 70k but possibly…
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FTB Mortgage Advice
Hello all, looking for some mortgage advice. Myself and girlfriend are about to buy a house. The house we are buying is £185k. We have a deposit of £47k, so just slightly more than a 25%. The mortgage options (25years) we have been looking at are as follows; * Lloyds 2 year tracker @ 2.29% then 2.5%, fee 3% added to…
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90% LTV mortgage with ccj?
Hi All, My partner and I are selling my house at the moment which we have £18k equity, we're looking to buy a property together and the £18k gives us a 10% deposit, therefore we need to borrow a 90% mortgage but I have a ccj. The ccj is for £377, I have never had an credit problems before and this ccj was aquired due to a…
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Cashing in my endownment
Hi all we are considering cashing in our with profits endownment held with friends provident for the last 12 years. we have 8 years left for it to run. we took it out initially as a mortgage on our 1st house, the initial loan was £57k and we were sold the endownment estimated to make us £65k+. we have tried the missold…
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Should i inform mortgage lender of my new job since the offer but before completion?
We are currently purchasing a new house, and everything is ready for completion (mortgage offer received, exchanged contracts etc.) but we are just waiting for the builders to finish the house so that we can complete (in approx. 5-6 weeks time). Since exchanging contracts though i have been offered a new job, which is in…
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Self Build Accelerator Mortgage
Took out above mortgage in 2006 which was arranged by a self build specialist company. I recently contacted the lending bank for a further advance to complete the project. The bank informed me that they could not approve a further advance as the mortgage I have with them is not for a self build .:eek: Can anybody suggest…
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Woolwich lifetime tracker
Hi, I took out a lifetime tracker with the Woolwich at 0.19 above the base rate in 2005. I am now in the process of moving although there is going to be a gap between selling my current property and moving in to the new one. I can not find my terms and conditions anywhere and want to port my mortgage. I know that the…
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Training to become a mortgage broker
Hi, I am considering a change in career direction. I have an old style (2002) FPC 1 and passed CF2 last year. My plan was to study part time on CF3 then 4 &5. However I am looking into either studying CF6 or CeMAP's after I finish CF3 and then attempt to get a job as a mortgage broker whilst I study CF 5 &6. The help I…
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Would a mortgage provider entertain this?
Okay, I'll try and explain this how it's been explained to me. * Person A moves in to a rented house. * The landlord has had issues paying the mortgage prior to the tenant moving in * It's agreed between landlord and tenant that the rent is paid directly to the mortgage provider (RBS in my friends case) * The tenent has…
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How big is your current mortgage?
Was just wondering what size mortgages other people had, as i have not noticed anyone on this forum with a mortgage as big as mine. Also i wanted to find out if anyone else is overpaying and what tips you have to do this, as i want to reduce my term as much as i can. Here are my details: Mortgage taken out: £234000 Term:…
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Put money into mortgage, or savings account?
I've just realised that I may be making a mistake... My mortgage rate is 0.99%. I was paying about £500 a month, before the rates fell, but now it's dropped to £78. I'm still paying £500 a month, though, and have acrued £16000 in my savings pot. I think that if I whipped it out and put it into a normal bank account I'd be…
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Remortgage Help...
Hi I am new to this forum and I do seriously need advice abt my remortgage..my situation is as follows:: Bought house in september 2009 with repayment 2 yrs fixed intrest of 6.84%. I paid 15% deposite. Want to apply for remortgage because I am thinking, intrest rate is too much high. woolwich giving me offer of 2 yrs fixed…
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how to calculate outgoings
Hello, I'm sure others have been in the position that I find myself in and would appreciate some advice please. I have come out of a long term relationship and am trying to adjust to going from two salaries to one salary. My partner has bought me out of the house and I've moved to a different part of the country and am…
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Mortgage / Debt Advice, for poor credit rating.
Hi all, Basically my position has changed largely, and I am in worse debt than I was then. My current position: Age: 24 Job: Purchasing Administrator Income: £1273 pcm. Outgoings (pcm): Car HP (neccessary): £226 Rent: £250 (includes all bills and food) Debt Payments (DMP with Lawrence Charlton) : £250 Phone Bill: £35 Car…
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Can anyone recommend a Mortgage Broker?
Hello everyone!!! My OH has introduced me to the site and have been reading up for ages now and think I could do with some help. I am currently looking to sell my house very soon in the next 6-8 months, hopefully after paying off all debts should have around £45000 for a deposit, I'm looking to spend around £125000 on a…
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self-employed -how to find out who will lend me money without ruining credit score??
Hello Basically im self employed and i know this will be a problem when getting a mortgage. The thing is how can i find out which lenders will lend me money without applying for a mortgage only to be refused by one and thus making my credit score worse?? thanks
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Advice on remortgaging
Wondered if someone could give me some advice here. I live with my eldest daughter and own the house. Until now I've paid my own mortgage etc, as the house would have eventually gone jointly to my 2 daughters. My youngest daughter has since died, and I'd now like to put the mortgage in joint names - mine and remaining…
