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Trying to remain solvent while awaiting divorce setlement
Can anyone help? A close friend is awaiting the final hearing of the financial resolution of her divorce. In the meantime she is struggling to pay her day to day bills and service historic debt (joint). Luckily she is living in the house she inherited from her late mother. Her daughter (17) and son (24) live with her. Her…
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thank you
i don't know whether it's appropriate to do so but i wanted to say thank you to all the experienced and knowlegable people who give advice on this forum i asked for advice around 5 months ago - self employed, wanted to release equity on current flat to buy a new one i went into the bank so very well informed and confident…
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Bank of Ireland 1st Start Mortgage Question
Hi All, I am coming to the end of my Bank of Ireland 1st Start 3 year term. I fixed the mortgage on 5.99. I would be grateful if some of you lovely people could help me out with what to do next. 1. The Mortgage was a 100% Mortgage with Repayments of £1,022 per month. 2. What happens when the fixed term comes to an end,…
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What is a month?
NW have informed me of my new mortgage payment which is 101.56 per month. This equates daily /31 days to 3.276p per day. I have a spreadsheet which shows they are taking 3.34 per day. Who is correct here? Thanks in advance.
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Mortgage for over 60's
I am in a tied cottage and will retire later this year when I am 60. My first thought was to rent, however I would prefer the security of owning my own house. I can afford a monthy rent of up to £650, so my question is can I get a mortgage and what sort of mortgage could I expect based on this monthly figure. I have no…
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Tool for how much we can borrow
Hi Hopefully just a quick one. I am trying to find an online tool/calculator that allows me to input my salary, my husband's salary and the value of (or equity in) our current home and then tell us what we would be allowed to borrow for when we move. Not that I necessarily want to be mortgaged to the hilt, but it would be…
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endowment reclaim
Hello, I have had my claim for mis-sold endowments rejected because the endowments were taken out prior to Financial Services Authority being set up in 1988. Does anyone know if there is anything else I can do?. Thanks
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Want to remortgage to release equity – what's feasible?
Hi. I need a bit of advice about remortgaging. We are a married couple, both age 63, with a joint interest-only mortgage with A&L of £14,124 on a South Coast property with a conservative current market value of £250,000. The mortgage redemption date is 28th April 2010 and it will be repaid in full on 11th March from the…
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Has Any News on HSBC mortgages
Hi, I am looking at getting an HSBC mortgage to buy a property but want to move very quickly. The Advisor told me the offer would take 4-6weeks from application, which I feel is quite a long time. Has anyone recently applied for a mortgage with HSBC and how long did it take to get the offer after the application? Cheers
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Have I done the right thing?
Hi I am in the process of renegotiating my present mortgage. I hope I have done the right thing - I have just buried £29000 into my mortgage to reduce my LTV to 75% and give me access to a 2 year fixed rate of 3.69% Without the overpayment I would have been limited to a 4.29% fixed rate. Was I right to take £29000 out of…
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Any self Certification mortgages out there?
husband has been a self employed project manager for 5 months and has another contract lined up until the end of the year. We have an excellent credit history but, we want to move and it will have to be on a self cert basis - any ideas as to where we go from here?:(
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Mortgage with e temp job???
Can you get mortgages with a temp job? We are hoping to relocate but all the jobs my hubby is applying for are weekly temp jobs. Will anyone give us a mortgage?? Thanks
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Overpay at Existing Term or Shorten Term?
I'm being rather dimwitted I think. We have been overpaying our mortgage by "x" each month. Last month we overpaid a large sum "y" with some redundancy money. Building Society has written to us advising that they have re-calculated the interest as a result of "y" and our mandatory payments are now lower (making overpayment…
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Mortgage on 2 units
Advice needed please. We offered asking price on a 1930's house 'curently arranged into 2 units'. (work done in 1939). Our sole intention is to make it a family house immediately. All was going well until lenders underwriter suddenly put brakes on it. Only way forward they say is to take out divide and upstairs kitchen…
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Whats my next step..?
Hello everybody :) This is my first post on this site.. I have a question to ask but if I tell the whole story it might be easier for you to assist! 20odd years ago my parents were offered a property from a family friend for a very good price,The only problem was they couldn't get a mortgage using there names. So they…
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Mortgage needed after an iva
Hi folks... Just completed my 5 year iva and looking to buy my first house with the GF. Who is the right people to talk to about adverse credit mortgages? Thanks
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intelligent finance mortgage check paperwork
this is my first post please be gentle,i have recently moved house taking my IF offset morgage with me my first monthly statement in oct 09 tells me in the summery box that my original loan was £35025 which is correct however i looked at my jan statement today and the original loan amount had mysteriously jumped to £35299.…
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reclaiming mortgage charges
hi, please could anyone tell me if it is possible to reclaim late fee charges on mortgages? I had a mortgage with bradford and bingley and changed lender in 2004 when we moved. I have written requesting the exit fees back and bradford and bingley have told me today they are looking into the matter. This has made me think i…
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Mortgage Broker Fears
Hi all, 2 weeks ago our estate agent told us that she could not find us a mortgage eben though she is a whole of the market advisor as we had a default on our credit files from 5 years ago which makes us a high risk customer and my DH has a CCJ from 5 years ago also.We have had a bad credit rating but have worked hard to…
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Advice Wanted Please
Hi there, I have a fixed rate deal with nationwide which finishes Dec 2010 @ 4.49%. £57K of the mortgage is on endowment / £35K is on repayment. I have recently had payout on 2 endowment policies totalling £45K. I am wondering if I should pay these off my mortgage now. Early repayment fees are current approx £750. Wonder…
