-
extension before re-mortgage?
Hi, we are doing small house extension, porch and larger kitchen. this will include a new (secondhand) kitchen and bathroom (currently very old nasty council kitchen and bathroom). our 2 year fixed rate mortgage is up in June. we were planning on doing the extension over the summer, so saving a large part of the money up…
-
Dumb question probably... FD Offset, why would you ever overpay?
Hi there, We are in a fixed rate period with Nationwide (4.45%) until October but are trying to plan ahead a bit for what we ought to do when it ends (very aware though that rates and offers will most likely be quite different then). We have a fair chunk of savings as we like to have a big pot for emergencies and we are…
-
Help advice needed
I've currently got an interest only mortgage with the Skipton and an endowment with Countrywide, I'm in definate need of advice as I dont know what to do about the endowment which is underperforming and I definately need to move from the Skipton as the rates are going up, Am I best to speak to a mortgage broker or a…
-
Solicitor (Chancel search)
Our solictor provided us with a list of general searches which they can do on our property which we are about to purchase. There is one listed as Chancel search something relating to the Church of England. Not quite sure the purpose of this search, should it be done. Also I have used websites recommended by Martin Lewis…
-
best company regards selling endowment policy
Does anyone know if there is there a proven company out there that offers better prices than the others when it comes to selling your endowment policy to them or is it a case of trawling through the ones on the internet offering the "best deals" and make up your own mind or would perhaps a financial advisor be able to…
-
Getting a mortgage
Hi, I am looking at getting a mortgage. I have a LTV of 65%. I did a credit check with experion which gave me an excellent score, but this only refer to how you have managed credit in the last 6 months. However, the potential problem is that I have late payments showing on my file within the last 12 months ( but not the…
-
A bit more mortgage help needed please..
I was on these forums a few weeks ago, after a bit of advice about my mortgage shortfall, I have looked into it as advised and have now been to the building society and sorted out the shortfall side of it ( the borrowed amount was 40 k and the shortfall was going to be 18 to 20 k, so I have made 20k of it into a repayment…
-
YBS - 2yr Fix for 3.09%
Is there anything better than this one? Seems to be the best one out there, but its hard to compare mortgages due to the fees that get added on..... ie. Alliance and Leicester have some low rates but -£3000 fees! :eek:
-
Applications for mortgages
Hi all, We are in the situation where we have such big debts, we are considering selling and buying a cheaper house to pay them off. I have gone hazy at the order in which things are done. Do i apply for the mortgage now, and is that set in stone even if it takes a year to find the home to buy? or will the reassess our…
-
Mortgage for share of property
My mother and cousin have inherited a property. My mother is keen to sell her share, but my cousin wants to hold on to her share as an investment. There is no mortgage on the property. I am interested in buying my mothers share and living in the property. My cousin is happy with this and does not want to live in the…
-
Mortgage Offer......
...We had our offer through the post today and it says the first payment is due in March but the house isnt built yet and isnt due to be ready until end of June. We were due to exchange in March but surely they cant expect you to start paying before you move in and before the house is even finished !?
-
On-line Mortgage quotes (been repo).
I'm looking for a site where I can get a mortgage quote to submit to court. Problem is that my previous house was repossessed and many high st banks/building societies are not interested in me. Where can I get a quote (really after the rate) that I can submit to court to show that I need a settlement of x in order to…
-
80% LTV needed for new build flat
Hi guys, I'm hitting a bit of a wall with lenders on this. I've been offered some great rates and with a 20% deposit I felt confident of getting a mortgage. However it seems the bulk of lenders will only agree a mortage for a new build flat for 75% LTV or less. Anyone know of any lenders that would cater with a 80% LTV?…
-
Obtaining Mortgage Projections and Figures
If I was going to get a fixed rate mortgage, can I approach mortgage companies and ask them to give me a detailed projection of costs, like a spreadsheet, which includes all their charges? In general, are mortgage companies willing to provide full statements of projected costs without you having to commit yourself to…
-
What are the big mortgage mistakes?
An open question to the forum. What do you think are the biggest mistakes you can make when getting your first mortgage, and what are the common "gotchas" that you can fall for? Thanks
-
my deceased father's mortgage
my question on what to do about my deceased father's mortgage. Me an my 2 sisters are paying my fathers mortgage (in his sole name)and me and my sisters are to inherit in the will. Mother not on the mortgage, and needs to live there. Do i tell the Halifax that he's passed away, just show them the death cert. and change it…
-
Northern Rock Overpayments
We are now almost 4 years into a 15 yr fixed term repayment mortgage with NR at 5.2%. We are thinking of moving to the OneAccount but obviously there are Eerly Redemption Fees of over £5k When we took out the mortgage with the advice from the financial adviser we did ask about the ERC. He advised (verbally) that as long as…
-
when a lender says they will pay legal fees??
Hey up. Were about to start the homebuying process. We noticed that Nationwide do some deals where by they will pay the legal fees?? We did notice that the same deal with or without FREE legal fees is reflected in the arrangement fees. So with Free legal fees it would be £700 but without free legal fees the arrangement…
-
Buy to let mortgage help
Hello all! I currently have a mortgage for my own home but can I apply for a regular homeowner's mortgage instead of buy to let mortgage for a new BTL property seeing that rates are more favourable? Are there benefits of a BTL mortgage or is it a legal requirement? Thanks in advance!
-
Question about mortgage arrangement fee
I'm on a variable rate mortgage and I'm considering having a 2 year fixed rate one. I phoned my building society and they have one mortgage I'm interested in, but they charge a £1000 fee. My question for you is: Do lenders usually charge the same fee no matter if the customer is new or existing? (I thought I would ask this…
