-
Remortgage Question
Hi This is my first post on here, but hoping someone can offer some advice. We took out our mortgage with RBS 6 years ago and have been with them ever since. In that time we also took out a secured loan on the property and have some credit cards. Without the loan we have less than 70%LTV on the property, but with the loan…
-
Best Mortgages
Looking for some advice....... Currently on a 90% Mortgage (£185K) with the Halifax but on a really high rate (About 7.3%), as you would expect, and the house is still considered a new build until September. Is there anyone currently offering a better rate or anything in the future I can do to get this down??
-
Advice for a first time buyer
I'm currently saving towards buying my first house, I'm 26 currently living at home in Leeds and I've set myself a target of buying in 2 years time, my salary is £19.5k before tax and currently have £18k in the bank, £5K of which is in Abbey's first home saver at 5% and will be adding £300 a month. In two years time I…
-
mortgage statement
Just received this years statement from Accord-deep joy!!!!Our deal finishes 09/12 but we don't think we can cope with the payments for that long and I'm getting worried.We have 89k on repayment and 23k on interest only with an endowment giving a monthly payment of £871 + insurances etc.The rate is 6.19% and early…
-
Fixed rate deal ending query
Hi Our fixed rate deal with C&G is ending at the end of March this year. We have a main account, which is set at 5.59%, and the SVR is currently 2.5% Our payments on this are currently £371.68. I cant work out how much they will go down?!?! Please could someone let me know how i do this? On the other bits, its all SVR, so…
-
Best 90% LTV Rates
Hello all, I was just wondering if people in the same boat as me with 10% deposit could post any rates that they have been offered/accepted for new mortgages/remortgages recently? I am currently on an SVR of 4.8% but as people are suggesting interest rates will go up and I would like to know what kind of interest I would…
-
British Banks: Who calculates mortgage interest daily?
I am hoping to get my first mortgage soon and would like to get one where the interest is calculated daily. However, it's not obvious from reading various banks websites how they calculate the interest on their mortgages...does anyone know how I can find out without having to actually ring around? I am mostly interested in…
-
2 or 3 year tie in?
argghh! Can anyone give me their opinions on this please. We are currently due to remortgage our second home. The mortgage is part repayment 29000 and part int only 36500 (the latter was taken for a deposit on a bTL and will be paid off when we sell that property) We have decided to take our chances with a tracker & have…
-
Unusual Fixed Deal Ending Question
Hi all, This forum has always been really helpful whenever I've had a question, so I thought I might pose this one. We have a mortgage with Nationwide which is coming to the end of its fixed rate of 6.25%, when it ends it will revert to 2.5% (2% above BoE rate) and then vary depending on what happens with interest rates.…
-
Adverse Credit
Hi Everyone, I've been recently been rejected a mortgage and am looking for some help. I currently have a mortgage with Abbey and have doen for the last 2 years, never missed a payment. Myself and my wife have had this house for nearly 8 years and we're looking to move into a slightly bigger property. We have equity of…
-
Mortgage endowment policy not paying out on Dad's death
Hi, I am new to this forum but was recommended to come here so I hope someone can help. My father died 4 months ago, leaving behind an endowment policy which should more than cover his mortgage. He died in an accident at home, and the coroner recorded a verdict of "death by misadventure". The hearing explained that this…
-
Mortgage advisors? Any advice?
Ok i am booked to see a mortgage advisor next Thursday and have asked the relevant questions about fees and whole of market. I have managed to find a fees free whole of market but how reliable is this? Any advice on what to ask with regards to finding a suitable mortgage?
-
Parents Vs Barclays: Misselling/Adjudicator or Ombudsman?
Hello, i am attempting to help my parents with their claim against Barclays that they missold them their mortgage (they were told that they needn't worry about their endownment not maturing to the amount they were advises and that "The only thing you should worry about is what to spend the excess on"), Barclays claimed…
-
Split type mortgage
got it sorted
-
Apologies: posted in error
Apologies: posted in error.
-
is Bridging loan necessary??
Trying to buy a house with known structural issues. Got mortgage offer with but effectively with 100% retention. Underpinning required in one area, have got quotes and have budgeted for cost of repairs. Timescale to do work quoted as about 1 month. We would be prepared to do the work prior to exchange and completion,…
-
Mortgage Broker Fees
Our mortage broker said at the initial consultation that the broker fee would be added to the borrowed amount. Now we have an invoice for the broker fee - which we were told would be added to the morgage. Is this right and what if anything can we do about it. We knew and agreed the fee but just don't have the money up…
-
Remortgaging a flat abouve commercial premises
Hi I was wondering if anyone knows of any lenders who would remortgage property above commercial premises. I was left two flats by my father when he passed away seven years ago. There is no mortgage owed on them and I earned about £600 a month on income from them. I was hoping to raise about £30k to fund a deposit for a…
-
MSE News: New mortgage rates down as SVRs keep rising
This is the discussion thread for the following MSE News Story: "The 'Brand new customers only' times are in sharp focus again as existing borrower charges are rising ..." Read the full story: New mortgage rates down as SVRs keep rising
-
Moving House - Mortgage advice/suggestions wanted
I'm after some initial advice, I know I need to talk to the bank and/or a mortgage advisor, but I'm after some inital thoughts to give me some ideas before I do talk to them. We currently have a 5 year fixed mortgage at 6.19% with the halifax, outstanding balance is currently 139.5k. We have 42 months left on the fixed…
