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first time buyer - ing direct
Hi guys, this is my first post i just found this site . I want to purchase a house and i am thinking of the following deal ING DIRECT Lifetime Tracker mortgage 2.49% (variable) LTV 60% I have the following questions : Does this tracker mean i am locked in with ing direct until i finish the mortgage ? Does anyone know if…
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First Time Buyer, Bad Credit, No Deposit
Hi all, Me and my husband are hoping to buy our first home together soon, just wondering if someone can give us some advice. We've seen a house we like for £109k and we have a combined annual income of approx 41.3k, however we have a couple of defaults on our credit files and are currently trying to pay off approx £5 in…
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FTB Dilema
Hi all, I am looking for some advice as there seems to be too many options! My girlfriend and I are FTB, with £15k saved and saving £1.5k every month. By December we will have £24k. She earns £26k and I am £24k. We are looking at new build homes. We are interested in one listed at £159k, although identical houses in the…
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shall i sell or cash my endowment policy in...
I took a with profits endowment out in 1988 for 21,000... I have been paying 26.92 every month..and have only got 2 / 3 years left on it. I recieved my bonus notice and my sum assured is 7077.00 bonus is 4223.92 so total benefit is 11290.92.. i phoned for a surrender value and they gave me the figure 10,515 .00. i just…
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walk away
is it possible to walk away from a mortgage just stop paying and leave it behind what happens if you do this
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can i sell any future equity to a family member
is it possible to sell any future equity in my property to another family member to avoid my creditors taking it when i eventually sell the house.the house is at present in negative equity,i am paying interest only and will have to sell when the morgage term ends,i am unemployed due to ill health , any help with this will…
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FTB struggling to get mortgage
Hi I am a FTB struggling to get a mortgage. Ideally would be 90% but would be able to push 85%. My credit score rating is good not excellent. Can anyone recommend a company who would consider me? Thank you in advance
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Early repayment charge
In February 2010, I remortgaged my current property and took out a 2 year fixed rate deal with a 3% ERC attached. While arranging the mortgage over the phone I explained to the advisor that I was looking to move house within 12 months. The advisor ran the basic check of my salary, outgoings etc and confirmed that they…
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Northern Ireland Co Ownership / Negative Equity?
Hello all, I’ve done a search of the forum and haven’t been able to find the answer so decided to post for the first time. My girlfriend and I purchased a property in 2008 for £175,000 through the co-ownership scheme in Northern Ireland (ww.co-ownership.org) on a 50/50 basis; this meant that we owned (mortgaged) half of…
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Double check on-remortgage deal
Would just like to double check with the forum on my thoughts. My current mortgage deal in coming to an end at which point I switch to the SVR rate of 2.5% after this there are no penalties. My LTV is 82% (£111 outstanding vs £135 value). I'm not aware of a better flexible deal with such a high LTV. My plan was to manually…
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Northern Rock fixed rate coming to an end
HI all, my 5 year fixed rate deal with northern rock is due to come to an end in September. Does anyone know what Northern roock will switch the mortgage to and what the new rate is likley to be? I am not really in a position to apply for a new mortgage as i am living on my own now (my partner and i split) and would have…
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MOrtgage Time Scale - Halifax
Hi. Ive applied for a mortgage through Halifax the property was surveyed yesterday.. Does anybody know how long it will take for a Full Mortgage Offer to come through ??? Thanks
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Remortgage Question
Hi, Looking for some clarification please. We are currently in the process of extending our property. Our current lender have silly fees for additional borrowing so I have spoken to another company to remortgage. My problem is this we purchased the property for 200k and paid a deposit of 100k. We now want to loan 135k…
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Help! Baffled by making Natwest overpayments
I've just started a motgage with Natwest which allows 10% of the total to be overpaid each year, so I want to make small, ad hoc payments whenever I can. As my bank ac is First Direct, it was confusing finding out how to transfer money: Basically I have to send the money to a 'suspense account' at Natwest, it's then paid…
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Mortgage and Deposit question
I'm a potential first time buyer, going to view a house today, but just looking a little advice about deposit or lack of it (Currently). I've already spoken to the Halifax (I bank with them so spoke to them to see what they offer) and they say they are prepared to give me a Mortgage of up to £89,220 which, frankly, is more…
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Agreement in Principle
Can i get more than one AIP at any one time, ie. from different lenders? Thanks
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Transferring mortgage to ex & secured loan
Transferring mortgage to ex & secured loan Hi I am posting this on behalf of a friend who is in a bit of a mess. She left her fella around 18 months ago and moved in with her sister. Her ex remained in their house (joint mortgage) as he moved some friends in to help pay with the mortgage/bills and the house went up for…
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Notifying My Mortgage Company of our separation
I have recently separated from my wife. It has been reasonably amicable to date and I intend for her to remain in the property as long as she wishes and i will pay the mortgage. The mortgage is in my name only (i.e my wife isn't on the mortgage at all). I am aware that i need to notify my mortgage company that i have moved…
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Any advice for a newbie mortgage broker?
I'm about to leave my branch manager job in a high street B.S in order to pursue a slef employed career. I'm sick to death of working 10 hour days 6 days a week, always being stressed to the hilt and never seeing my young children. I have decided to join Intrinsic with an exsisting broker firm. Being wet behind the ears…
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95% LTV Mortgages
Does anyone know where I would be able to find a list of 95% LTV mortgages.
