-
Splitting up name not on morgatage
I'm in the process of splitting up from my partner of 4 years. The mortage is in her name and her mothers (i'm self employed and my accounts weren't strong enough at the time Dec 06) I think shes going to take me for everything, and very worried as i have spent a fortune improving the house, we have a valuation taking…
-
Mortgage in Principle ID question
Hi All, We've had a mortgage in principle offer and have found a place we'd like to make an offer on. Our MIP says that we need 3 months pay slips or 'copy contract covering three full months'. My OH's work is having problems with it's accountant and he doesn't have any payslips but does have a contract. Can anyone confirm…
-
we;ll be paying mortgage past retirement
banked with RBS since 16 and always took loans,credit cards etc with them.Been following advice on reclaiming ppi on these but finding more & more discrepencies.Took mortgage with them in 2000,life assurance arranged by solicitors,moved to C&G (arranged by financial advisor)in 2002 with loan attached.(F.A arranged life…
-
Remortgaging - someone explain please?!
Hi I was wondering if you could help. I may be asking really obvious questions but I am completely lost. In October 2008, I took over the mortgage and got myself on the property ladder. The house was valued at £250k at the time and i took out a mortgage of £155k on it. The fixed rate (7.2% at the moment) is due to end this…
-
Remortgage time, but seem to be very short on options...
Hi all, firstly thanks for reading! 3 Years ago I purchased my first house, a dirty repossession needing alot of work, I paid £77,000, my mortgage amount was £75000 and I had to have interest only and so that is the outstanding balance. I'm at the end of my term in 3 months time and I need to sort out what to do next, I…
-
End of fixed term on my first mortgage
Hi All, Took out a mortgage in Feb/March 2007 and as such am coming to the end of my fixed rate now. Put off asking for advice as expected to hear from my mortgage company (BOI) but nothing has been forthcoming as yet... You'll have to excuse my ignorance here but what should i be doing in regards to my fixed term coming…
-
Is there a solution? Advice Please
I am looking for advice regarding my house predicament. I can see now that our position is probably due to a series of poor decisions made when I was younger and certainly did not see the current economic and house market. I bought a house in Aug of 2004. Great place which a loved, a little quirky coach house which has…
-
Not on the mortgage
I was wondering if anyone could advise please. Myself and my wife and the kids live with my father in law. There is a small mortgage on the property that was taken out to extend the property when we moved in. The mortgage is his name only. There is no insurance on the mortgage, so th mortgage would not be cleared on death.…
-
YBS incorrect LTV calculation??
Hi all, Called Yorkshire Building Society last night to arrange a fixed rate mortgage. (I`m an existing borrower). They now value my house at £140k and i wish to mortgage £99148. (a 70.1% LTV by my calculations). They confirmed the value of my house and the amount outstanding but their system shows a LTV of 81%!! The…
-
what will my rate be??
i currently have a fixed rate of 8.88% with beacon/redstone. was curious about what will happen when the fixed rate finishes in november so have just been looking at my key facts. it says when the fixed rate term runs out it will be... "a variable rate being libor rate,currently 5.8%,plus a margin of 3.25% giving a current…
-
will lenders ignore CC debt?
:D Hi.I am new to this site so please bear with me if I ask a question which has already been answered. After 12 years of renting, and having to move the kids time and time again, we have decided we would like to buy at some point in the next year or so. We know we will need at least a 10% deposit, but I have a few…
-
endowment selling
My husband is self employed and thing aren't going well. We've struggled along for a few months but things are coming to a head. We have an endowment policy which we are still paying into, should we sell/surrender to release funds and see if this will keep us going over the next year. Mortgage company are looking at us…
-
Need help with letter to bank regarding mortgage!
Hi everyone I am new so apologies if I seem a bit simple to all this! Basically my MIL & FIL have been struggling financially, and last year they contacted their bank (Natwest) by phone and asked for a 3 month mortgage holiday, which was agreed. Since then they have had further trouble and so have decided to re-mortgage.…
-
Carrington Carr
I just booked an appointment with Carrington Carr and need to cancel it as I've got some friends coming over. Does anyone have their phone number? I looked on the web but couldn't find it.
-
Overpay or credit card?
I am hoping somebody may be in a position to assist. I currently have an outstanding mortgage of £179000 and currently on Nationwide's SVR of 2.5%. House currently valued at £205,000. My only other debt is £4000 on Virgin credit card which currently has APR of 0% until May this year. I am looking at increasing equity in my…
-
fixed or tracker!!!Help!
Just about to move and take on a fat mortgage. Would like the stability of five year fixed, but rates high for the present climate but low in comparrison with previous years. Tracker 1.99% above base appealing as long as rates dont soar! Seems mad to overpay by over £100 p/month just to have a fixed? Could I ride a tracker…
-
Should I increase Mortgage to pay off overdraft
Hi , My partner has a £1300 overdraft with Halifax , as some of you might know halifax has changed their policies latley where they will charge you £1 a day if u ar in their overdraft. She lives out of her overdraft and cant really afford the extra £30 a month Would you recomend increasing the mortgage by £1500 Are there…
-
reducing term on fixed rate mortgage
Hi, not sure of how to word this question but i'll give it a go! I have 2 mortgages, just this year have dipped under the 100k (combined) with 11 years 7 months to go on a 25 year mortgage payments total 1000 per month, with the Nationwide Can I reduce the term on a fixed rate mortgage? can probably afford to pay 100…
-
Moving: porting mortgage but new borrowing at much higher rate
Hi can someone give me some advice please? To cut a long story a bit shorter, my wife and I are looking to move in the next couple of months. We currently own a one-bed flat which was valued at £135,000 - 140,000 by 3 estate agents last week. Our mortgage is slightly under £100,000 and is currently a lifetime tracker at…
-
What's she entitled to?
Not sure where to post this, but a friend of mine is splitting up with his girlfriend. He has owned his property for 10 years, and she moved in 1 year ago and her name put on the mortgage. She has contributed half the monthly payments for that time but did not pay any initial lump sum or anything in. They never got around…
