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Esurv are doing my survey
Mortgage company has instructed Eserv for a survey on the property im buying. Estate agents confirmed they are doing it tomorrow. Will i be able to get a copy of the report or is it only for the lender? Could i ring them and ask them about it tomorrow afternoon, rather than having to wait til next week to find out.
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Accord mortgage deal finishes July 2010 advice please! overpayments?
Hi all, Our Accord Mortgage deal which is currently 6.29% fixed repayment ends in July 2010, we currently owe around £90000. I rang the company today to check out re:making over payments and what the current rate is after this time. The mortgage then changes to SVR which currently is 5.99% (would say this will be higher by…
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Overpayment question
Hi, My partner and I are currently on a 2 yr fixed deal repayment mortgage and are overpaying the maximum (£500) we can on the mortgage. My question is when we finish the 2yrs, will the fact that we have been making the maximum overpayments affect the amount we will be asked to repay each month or will it still be…
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RBS Mortgage Valuation under agreed sale price
Hi Just adding that we have the same problem, house was advertised at £225k and we had an offer agreed at £212K. (3 bed semi 1930's in Hampshire) RBS vauled house at £205K based on previous house sales in the area. So we're now 7k short as we only have enough for 90% LTV mortgage + stamp duty and have already borrowed 6K…
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Mortgage overpayments
I'm in two minds whether to continue saving into isas or to start overpaying my mortgage. I'm on the SVR with Bank of Scotland at 3.5% with 34 years remaining and reckon if i could make some overpayments, i'd really save alot in the long term. I've got £13,200 in an ISA (maximised for this tax year) and have saved up…
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New mortgage minimum period
I own my own house and want to take out a mortgage for about 50% of the value of a new house, to be repaid when I can sell my existing house (I need to move now and don't want to wait any longer). I've been told by a mortgage broker that I can get a mortgage based on my income, working tax credit and widowed parents…
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Switching to interest only mortgage for temp basis?
Hiya all Please forgive me if this is a ridiculous question as i have very limited knowledge of mortgages etc etc Basically been with northern rock since we bought out house came out of our fixed rate term and are now just on the standard rate and due to the way everything is at the moment this is cheaper than what our…
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C&G BTL and SVR
Hi, I have a BTL mortgage on one of the flats which I need to switch to another lender as the existing rate is quite high. I am looking at few options and one of them is C&G. They have a 2yrs fixed deal and at the end of the fixed period it switches to their SVR, which is currently 2.5%. C&G website says that their SVR…
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Mortgage rate query
My mortgage rate is currently at 1.39% and has been set at that since the last BOE rate change quite a while ago. Looking back at my statements for the last few months the amount of interest I pay seems to change every month, sometimes going up, then down and back up again. As the interest rate hasn't changed I don't…
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FTB - advice about husbands poor credit history and getting a mortgage
we are looking at the 'lend a hand' mortgage offered by lloyds tsb, where we stump up a 5% deposit and a family member puts an additional 20% in a savings account that guarantees the mortgage. (effectively giving us access to 75% LTV deals) we have seen some houses in our price range and are confident we could afford the…
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PAML too good to be true?
I think I was offered a PAML during a telephone conversation with a Barclays guy a couple of months ago, he mentioned that it was a 'pre-approved mortgage something'....and that it overrides all the affordability, credit checks etc. Is this really true, surely they have to do some sort of checks? I've been with Barclays…
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What will interest rates do this year + Advice!
Hi all, Just wondered what the general consensus was as to what interest rates will do this year? My fixed rate mortgage ends in December which is currently at 4.9% and slightly nervous that a bout of higher inflation might push the rates and thus future deals up! Any opinions welcome - good, bad or even ugly ;)
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Help with Deeds please
Please could someone help me out with the Legal side.... We are wanting to pay off my father in laws interest only mortgage as the Bank are now demanding the money he owes on the mortgage, having initially granted him an interest only mortgage. He is 70 years old and does not earn enough money to pay his monthly payments…
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Help with mortgage calculations
My partner and I are currently half way through my fixed rate mortgage with the Halifax (fixed till 01/10/2012 @ 5.79%) Having searched on this board I noticed a lot of people going for the fee's free 1st Direct offset mortgage that tracks the BoE rate at 2.39%. I have spoken to 1st direct today and they explained how it…
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Re-mortgage/Loan Advance Help Required ?
Hi, Hoping for some help on releasing some equity.... My current repayment mortgage with Cheshire BS has 13 yrs left, 17k outstanding and property value is about 80-90k. I need 30k to renovate/extend the property but also want to swap over to buy to let. I will need to change mortgage back to 25 yrs or switch to interest…
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Moving house - how would a new mortgage work?
Hi We are currently Coventry BS mortgage customers on a fixed rate deal of 4.50% fixed until 31.12.11. We have put an offer in on a property and would need to borrow another £62,000. What rate would the extra £62,000 be at? Or would we just start a new mortgage account of 3.75% fixed until 31.3.12 for the full mortgage…
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Mortgages and Marriage- solution?
I bought my flat in August 2003 on my own and have been paying the mortgage since I bought it (nearly 7 years). I am marrying my fiance in November and he will be moving into my flat in September. I want him to feel comfortable in the flat and for us to be equals in terms of the mortgage and the bills. Can anyone suggest a…
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paying off a mortgage with a credit card
I have an £80k mortgage in the Virgin One Account and looking to reduce my interest payments further, I have absolutley no other debt at all. My salary is paid in each month and I use a Tesco's credit card for all my spend, each month I pay off my Tesco's card on the day its due meaning that I only spend from the one…
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don't give up!
someone recently posted asking for any positive outcomes in the search for a mortgage. began reading this site in early last year when searching for our first mortgage. its been along road as I have a ccj for £200 from 2005 which was paid almost immediately we found a house that needed work,nationwide said it wasnt even…
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Valuation no where near the estate agents figure?
Hi Everyone, I wonder if anyone has recently experienced our problem? The surveyor from our mortgage company recently valued our potential new house and has said it isnt worth the money that it was bough/advertised at? The house was on the market for £240,000 and they accepted our offer for £230,000. They requested if we…
