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Taking my good 'revert to' SVR with me when i move house?
Hi, I'm lucky enough to have reverted to a standard variable rate of 2.5% with the Cheshire after coming to the end of a two-year fixed rate, but am now thinking about moving house. Does anybody know what my chances would be of taking my current mortgage with me and keeping the favorable rate for now? Is such a thing…
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Personal mortgage on a 'Commercial' property
Hi My girlfriend and I have found a house we want to buy in the Peak District, but it's becoming a nightmare trying to arrange the mortgage We are in the process of selling our current house (to a first time buyer) and this all seems to be going through ok so far The property we'd like to buy is mainly living accomodation,…
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Tracker with mortgage express coming to an end, what to do?
Hey guys sorry if this is a bit of a no brainer, but im still learning lol. I'm doing this without my documents and off what i remember, so please bare with me. Me and my partner took out our mortgage 3 years ago with Mortgage express. It was one of the very last 100% mortgages to go through and in the contract we were…
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Help with shared ownership mortgage-ends August
Our mortgage was on a 3 year fixed rate and runs out in August, we have no idea what happens then or to be quite honest where we should go from now! Being S/O there are a selcted amount of lenders we can use which cuts it down. We are currently with Leeds. We are assuming we have to get the house valued etc but not sure…
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Mortgage with a bad credit rating
I have recently recieved a letter from my mortgage company (J P Morgan Chase) saying that if I pay my mortgage by the end of August they will reduce the value by £17,000. I obviously want to take this offer up however I do have a bad credit rating. My current mortgage was sold to me as a self cert mortgage. I believe that…
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End of fixed rate - Best deal while on DMP?
I am currently on a 5 Year fixed rate with RBS which is due to end later this year (~£580 p/m). Unfortunately I will still have about six months to go on a DMP with CCCS when the fixed rate expires. What sort of deal can I expect for a £80K mortgage on my house valued about £135k considering my poor credit history (3…
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Worrying About remortgage
Hi Guys, Well I took out a mortgage in February 2007 with my partner. House was worth aprox £120,000, we have mortgage for £95,000. Any way we are currently on fixed rate with halifax until Feb 2012..(unsure what exact rate is) My worry is that the last 8 months or so, I have made quite a few late payments on credit…
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What type of Mortage should i take.
I own my own property outright and have not had a mortage on it but i am needing to get some equity out of it. I was informed i could get a mortage with my current property. Is this classed as a remortage. The property is about 250,000 and i am only needing £35,000 out of it, so a very low LTV. I am only wanting a 5 year…
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I Need Secured Loan Advice
Hi, I am new on here and apologise if im posting in the wrong place. I need advice about where I can find good advice about secured loan/mortgages. I work only part time and am single my current lender Birmingham midshires declined my application for additional borrowing on my mortgage despite my experian credit rating…
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Which mortgage to pay off first?
I've got two existing mortgages, one on my home and one on a BTL. Both are interest only. The home one I am already overpaying every month to reduce the balance. I want to pay off a bit more every month (about £250) but I'm not sure whether to pay more off my home Mortgage, or off the BTL Home: £88k outstanding: Current…
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Fixed Rate Ended - Additional Funds Required
Hi, Myself and my partner came to the end of our initial 2 year fixed deal on our mortgage in January, and have now moved on to the SVR. We are looking to remortgage to raise some additional funds, and also to fix our payments for the foreseeable future (3 to 5 years i think). Our figures are: House Value = 130,000…
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Decision time!
I have offers of: 5 yr Capped product, 2.49% over base rate with a cap of 5.99% 5 yr Fixed product, 4.49% for the period. Anyone got a crystal ball to tell me whether BOE rates will stay below 2% for the next couple of years? If so, the Capped product would work out much cheaper. Please help! We're borrowing quite a hefty…
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Looking for some advice from those in the know!
Hello all, I was wondering whether or not any of you who perhaps work in the industry could give me some advice on the following. My wife and I are buying a new build home, since our family is soon to increase by one. The full purchase price is £189,995.00. We currently own and live in an apartment, which we're going to…
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Mortgage swap enquiry
Hi, have a silly question but need some clear advice please. I have a mortgage on a property in my name and my mum has a mortgage in her name on her property. I want her house and she wants mine. Is there anyway we can swap over mortgages? She is retired and has about 140000 outstanding on her mortgage. My house is worth…
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buy to let mortgage - moving abroad
We have been offered a job in Saudi Arabia. We will rent out our house. Any advice, suggestions, hints and tips greatly appreciated. We need a buy to let mortgage for 2 - 3 years. Any ideas? Many thanks evi3000
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Help please. How do I take my ex partner's name off the mortgage?
He wants to come off the joint mortgage we have so he and his new fiancee can buy a house. I havent a clue how to do this, presumably any costs involved he would have to pay?
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Prudential/ScotAM Paid up & non qualifying?
Spoken with Pru customer services as 1st low cost endowment due to pay out this month - £1k short on £25k and the original projection was for possible £4k surplus plus possible terminal bonus of £22k :eek: - but I grew to appreciate the risk given Martin's work highlighting the problem from 1990s so have made other…
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Panicking....
Hi all, I am panicking somewhat, as my partner and I applied for a mortgage with The Halifax on Friday. They took the surveyors fees immediately, so we assumed the application was going to be accepted. However, I have called them today, and she confirmed the fee had been taken, and the survey done, but that the…
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Will I get a Mortgage with my Bank
Hi, Need some advice if possible, I have a bad credit rating and am currently renting property and pay £1325pm. I have just inherited aproximately £170K and would like to get a mortgage of 100K and put the 170K down as a deposit, with my credit rating the way it is, I have a CCJ that I will obviously clear with my…
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Should i let my mortgage move onto the variable rate?
At the end of June my fixed rate (6.7% for 3 years) runs out. I am thinkng about selling as i am moving in with my partner so wonder if i should just let the mortgage drop onto the variable rate with the interest rates so low? I am paying £575 pm on a balance of about £86,000 with The Coventry. Does anyone know approx what…
