-
Removing ex partner from mortgage
Does any one know if it's possible to remove ex partner from a mortgage with no fee?? Have been split up for coming up to 3 years, but never really been in a financial position to do so, being on a low income. Have been paying mortgage on my own for coming up to 3 years (august) and ex has got back in touch to say wants to…
-
Surrender Aviva endowment?
Hello, this is the first time I've posted so apologies if Im asking a really daft question! I have a with-profit endowment policy with Aviva (originally Commercial Union). The maturity date is 7 Oct 2021 and the monthly payment is £50.96. The currrent surrender value is £7,847. A few years back, I switched my mortgage to a…
-
First time buyer help needed
Hi me and my girlfriend have found a house that we really want to buy. It's for 139000 and we have a 15% deposit of £21k. My gf has perfect credit history, no problems at all. I was stupid when I went to uni and got my self in debt with credit cards and overdrafts. Nearly 4 years later I have paid off 75% of it. I have my…
-
First time remortgage help
Hi All Just after some advice as not done this before. have been on a fixed rate of 5.29 for 2yrs with A & L which finished a while ago so now on their svr of 4.99%. have been in negative equity for a while but now it appears that they have our home valued at what we paid for it :j. so now i was thinking whether its worth…
-
Solicitor Requests Proof of Deposit
Hello My father is gifting me a deposit for the house I am buying and the solicitor wants proof of this for "money laundering reasons". The problem is I can't prove the money as it is coming from my Gran when she sells her house. To complicate things further, it is being paid to my Dad who is then giving it to me. All this…
-
Spanish mortgage guarantor moves back to UK
My friends bought a property in Spain years ago and, as their son lived there, they have a Spanish mortgage, with him as a Spanish resident, as guarantor. He has recently moved back to UK (permanently) but has kept on a rental property there for holidays. He has not told the authorities that he is now not resident in…
-
Why is the capital repayment bigger in new mortgage
Hi All. Using a mortgage calculator to see what my new mortgage will be I get a confusing result. Morgage 235,000 Interest rate 6.15% (old rate) Repayment £1535 Interst part of this £1204 Therefore the repayment part is 331/month coming off my total. On my new mortgage (over the same period) at 2.5% The monthly payment is…
-
Offset vs paying off - what to do
Hi, just wonder what peoples opinions are in this situation: I have an interest only mortgage of £37,300 on A&L SVR. Im not tied into any deal but if I were to pay it off there is a £295 fee. Currently paying £155/month. I have no other debts. I have an endowment policy that is worth £10,600 (paying in £64/month). In 4…
-
Family Gifted Deposit
Does anyone know which banks will deal with a Family Gifted Deposit? Please dont tell me to go to an Independant Mortgage Advisor, we have tried that route and have been so let down by lack of simple communication (and manners!!) Any help, thoughts or ideas gratefully appreciated. Many thanks for reading. :)
-
nvm
nvm! silly question managed to find the answer
-
Chances of getting a mortgage with a default on credit file?
Just a hypothetical question, based on my possible financial circumstances in a years time: Suppose I had £12k for a deposit, £15k in credit card debt, and a couple of defaults from the previous year, what would be my chances of getting a mortgage? My wife is working now (we've been managing on my income for some time now,…
-
MSE News: Land Registry - house prices largely stable
This is the discussion thread for the following MSE News Story: "The average cost of a property edged ahead by just 0.2% during April, following a 0.1% fall in March ..." Read the full story: Land Registry: house prices largely stable
-
Just had valuation done for our remortgage.....
We are remortgaging with Co-op. The survey was done by countrywide this morning. Does anyone know when i should expect to hear from Co-op regarding the value? days, weeks etc? they have been really slow so far and am not hopeful we will hear from them anytime soon. So far it has taken them 3 weeks to send out a form for us…
-
10 year fixed rate on a Shared Ownership Property?
Good morning, This is my first time posting, so please be gentle! We're living in a shared ownership house that we own a 60% share in. We've been living here since 2005, and our current fixed rate with Halifax ends 30th September this year. Currently we're on a 6.6% rate. We owe approx 73k, and when I rang up the other day…
-
interest rates and new mortgage pls help
Hi, I've just sold my house and am looking at a new mortgage. It will be about 55% LTV and I need £170,000. I am looking at a 2 year tracker with Santander at BBR + 2.49% then SVR. Clearly I will want to change my mortgage after 2 years to exploit new introductory deals, but can someone please tell me, when the base rate…
-
NR 125% Together Mortgage - Major problems
We are in the 4th year of our 5 year fixed rate together mortgage. We have been in to our local branch enquiring about what will happen next year and have been told that the unsecured loan cannot be moved from NR and that we would be paying 5% above whatever their base rate is next year. Which when worked out using current…
-
Mortgage balance going up!!!!
I decide to start making regular overpayments to my mortgage, when I log in to halifax I can see my halifax credit card account and also my HBOS mortgage account, the mortgage account has the balance showing in red. I just logged on this morning and was shocked to see the mortgage balance has gone up, I know this as I…
-
Standard Variable Rate
Was intending to take out a C&G or LLoyds TSB 2/3Yr Var followed by 2.5% SVR. Looks like they've immediately withdrawn the product. Anyone aware of other good SVRs? Thanks.
-
offset buy-to-let mortgage?
Hi, I am looking to re-mortgage my home and since I am temporarily letting it to tenants I will need a buy-to-let mortgage. I have previously had an offset mortgage, which I found very useful but I can't seem to find an offset buy-to-let. Does such a thing exist? Thanks
-
best4let - any good?
Hi, I am looking to re-mortgage my home and since I am temporarily letting it to tenants I will need a buy-to-let mortgage. I just came across best4let.com and although they seem to have some good deals I am cautious since I can't find much about them. Does anyone have any experience of this company? Thanks
