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Nationwide Mortgage - new fees and charges - Amendment to mortgage term.
Hi, I've just received the letter regards the Nationwide mortgage fees and charges referred to in another thread but I have concerns regards the addition of a general fee - 'Amendment to mortgage term - a fee is charged when amending the term over which you repay your mortgage' Do I understand this correctly that if I've…
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Best Online Mortgage Search Tool
Can anyone reccomend a online mortgage search tool? I used to use charcolonline, but it seems to still be there as a website but no longer any search tool. I really need to be able to search for mortages with search options such as underpayments, overpayments etc but I can't find a search tool which does this?
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age limit for first time buyers
Hi, my husband and I would like to buy a property in 2011 or so. I'll be 40 in december this year and my husband is 31. I would like to know if there are any age restrictions to apply for a mortgage as first time buyers. Could we apply for a 25 years mortgage if I'll be retiring at the age of 65 considering that my husband…
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Mortgage help
Hi I was wondering if anybody could give me some advice before i go see a mortgage advisor. Im 21 currently earning £25k+ my girlfriend earns Approx £14K. My father bought a flat for £45k cash as it was a repo with no management company so no mortgages available! and i now want to buy it for £60K as an investment. The flat…
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different valuations - shared ownership
I currently own 25% of my property and a housing association owns 75%. I am looking to buy the full 100%, so the bank has done a valuation and the housing assoc. have done a valuation. In December it was valued at £150k by the housing assoc, but that ran out after 3 months. I have got the valuation done by the bank on…
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Woolwich fund booking
anyone any tips on how to get funds booked with these clowns? their system is a joke.
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How will it work?
Hi all, Im looking for some advice please. We are looking into selling our home and going for a cheaper one. We have been in the current house for 2 years, we were first time buyers and we got 100% mortgage. How will it work with our mortgage if we go for a cheaper house? Many Thanks in advance:)
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Moving secured Loan away from mortgage
Hello there Please be nice... tried posting this on the Northern Rock end of mortgaged deal thread but got no replies so here goes..... My partner has a mortgage & loan with Northern Rock. The total outstanding is £89,000, the breakdown being a mortgage of £76,000 and 2 secured loans totalling £13,000. Assuming he is out…
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BoE urged to increase interest rates to 3.5% by end of 2011
http://www.moneysavingexpert.com/news/banking/2010/05/bank-of-england-urged-to-raise-interest-rates?utm_source=forum&utm_medium=sidebar&utm_campaign=box Something to keep in mind for those on SVRs, though of course 3.5% is still very low.
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Advice requested on remortgage offer from HSBC
My situation is that I bought a house for £125k on 100% mortgage in Jan 2007 with my partner at the time. House now worth slightly less (negative equity). Fixed rate ended and moved onto SVR (3.94%). Not long after purchase split with partner. Due to fixed rate and house prices have had difficulty going our separate ways…
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Will income of previously bankrupt partner count?
Hi, I'll just quickly explain the situation, my partner was made bankrupt due to a failing business 4 years ago and it was cleared 3 years ago (obviously it's still on his credit file). I earn 23k a year and have a very good credit history and he earns 34k - we are looking to buy a house in the next year or so and have…
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FTB Mortgage help
Any advice would be greatly appreciated. I went to the cheltenham & gloucester yesterday for a mortgage. I was after £110000 mortgage with a 10% deposit. I was shocked to find that when they credit checked me that I failed. When they had look into it. I had 1 missed payment on a hire purchase aggrement from may 2005 which…
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How long is a short-term loan?
I'm managing a Conference and have already used up my 2 long-term loans (both season-long) for this season. Now I'm allowed 8 'short-term' loans. What period is defined as short term? I know that 6 months is deemed long term, so could I take someone on loan for 5 months, or is that still regarded as long term?…
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CML Disclosure form - who completes it?
I'm considering buying a property classed by my lender as a new build as it has not been occupied before January 2006. The property was purchased 'new' from the builder but never lived in. It has been used as a show property, and I am buying from the owner, not the builder. No incentives at all are offerred. I'm told a CML…
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mortgage retention - time limits?
hiya folks, I've just had an offer accepted on a property, but the survey recommends the bank keep a £10k retention until some work has been carried out. I have a big deposit so I think I can just ask to borrow 10k more than I originally planned. Am I still legally obliged to provide the bank with certificates etc to prove…
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when to prove deposit?
Hi guys, i've asked a few questions before and everyone has always been very helpful, so here's my next one... we are saving for our first house atm and dream house has come on the market we have £19k deposit and we hope to get the property for £160k (if after our 2nd viewing with parents we still want to put an offer in)…
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FTBers - how much are your mortgage payments?
Out of interest, I wondered how much everyone took as their monthly payments when they first bought their house? assuming they bought within the last 5 years or so... Pure nosiness!
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How much can I borrow in theory?
Hi Guys, I currently earn 19500 with no overtime or bonuses. I want to move home as we've outgrown our current house which when we sell will make about 40-45k towards the next one. My wife cannot work due to disability. I have three kids under 18 and have 10 yr remaining on my N rock mortgage. What realistically am I…
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Have mortgage offer - need to borrow a bit more
Hi We have our mortgage offer and the conveyencing is happening and valuation is booked in for Friday. However I have miscalculated slightly, we had planned to put down and 80k deposit but I have shortfalled on moving fees so only want to put down 75k and borrow another 5k, will it be an issue to ask for another 5k, will…
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Do I have any avenues for re-fixing?
I am currently on a 5.44% fixed rate, coming to an end next month. The lender doesn't automatically offer new deals and I would have to go through the application process where I feel I will currently be rejected. When I got my current deal 3 years ago I was earning 28.5k. I was made redundant and have been with my new…
