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Re-Mortgage valuation....which one to pick??
Hi I am currently on the Halifax SVR of 3.5% and I'm considering moving to a 5 year fixed deal. outstanding mortgage- 103,000 house value 160,000???? I have seen 3 deals- First Direct - Valuation fee 99 and 99 booking fee- rate 4.19% 65% LTV- (no solicitor fees) Yorkshire- 1 Fees about .5k - Valuation fee 0 and 495 booking…
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Paid the Mortgage - what to do with endowment?
Any adice please. No longer have a mortgage, but still paying into two endowments. If I cash in I'm hearing I may be hit with CGT. So, question is: What happens on maturity if I keep them going to term end? Will I still be hit for CGT? I guess, I should also ask what the pro's and cons of keeping them going are? Bit vague…
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please delete help not forthcoming
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I want to make some over payments but..
I went through a divorce 5 years ago and had to re mortgage in order to pay off the Ex. I could only afford an interest only mortgage with Mortgages PLC at the time. I borrowed £102,000 almost 5 years down the line, new jobs etc.. I now want to change this account from interest only £212 to capitol and interest which they…
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Credit Check Problems for my Remortgage
Hi All, I'm looking to remortgage shortly and I found the right deal for me :- ING Direct fixed for 2 years. Called them up yesterday, went through the process of applying, got to the credit check stage and was told there was a problem. ING work with Experian and they have a link that lets them get a score and report…
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Fixed or Variable
Hi Guys New to the site but after some advice, my mortgage term will be ending shortly and i am wondering if i should keep with a fixed rate or move to a variable once it ends. My current rate is 5.94% which if i do nothing will increase to 6.05%, i know i am going to move to a different product as this is quite high and i…
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mortgage woes.....!
well this is my first post have been reading them for ages tho. dont know where to start??????? well im a recent graduate unfortunately i only achieved a 2:2 hons degree in management and hrm (0.6% away from 2:1 but uni dont inflate marks ,which i can understand i got what i deserved). i currently work for the nhs (only…
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Advice please - whether to pay early redemption and try to move? Self employed.
Hello, I'm feeling a little baffled about what to do and I'd really appreciate some advice from those in the know! There are two parts to my question - firstly, whether we should try to move at the moment and bite the bullet by paying approx £4,500 early redemption fee to get out of our current fixed rate mortgage deal.…
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Mortgage deposit proof
Hi, I am a first time buyer and applied for mortgage with my partner. For our mortgage application with 15% deposit (£33,750) for buying a house with offer of 225K, we have submitted bank details. - £14K was already in our savings account. - £11K from the bank accounts of our 2 friends who actually invested with us…
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Redemption Statement Cost
Hello all - after a little advice. I am came off a three year fixed in the middle of last year and was in the process remortgaging. As part of that process, my (to be) new lender requested a couple of redemption statements from my existing Lender, who then sent me a letter stating the first redemption statement was free ,…
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Buying out my ex
Hi everyone, I could really do with a bit of advice. My partner left me last week, and we are just starting to talk about what's happening with our joint mortgage. I would like to stay at our flat if I can afford the mortgage payments. I haven't yet done the sums, but assuming I can afford it, I will need to buy out my ex.…
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Halifax mortgage fees cut by 50%
I noticed today that Halifax have cut the cost of their product fee by 50%. I am currently in the process of getting a mortgage with Halifax and it has been approved etc but I haven't yet paid or started paying the mortgage yet. Am I entitled to the reduced fee or will I still have to pay the full fee (which is around…
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Offer first or mortgage agreement first?
Hi, I have been looking around at places for a while and have finally found somewhere that seems perfect. Only snag is it is slightly out of my price range! I am going to make an offer £10k or so below the asking in the hope that it is accepted (and puts it well into my affordability) but I have a question. At the moment I…
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Mortgage help required - Employment agencey
Hi, I am wondering if you can give some advice or if anyone else has been in my possition. I have had an offer accepted on a house (118k) and im looking for a mortgage. I am employed through an employment agency though i have worked in the same placment for 4 years (with financil records as evidence). My partner has a…
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What to do with Mortgage
I'm not very knowledgeable in the world of finance, and would be grateful for some advice. We took out 2 endowment policies to cover a mortgage of £32,000 in 1989. As we were warned a few years ago about potential shortfalls we converted to a partial repayment mortgage of £12,000, with the endowments set to cover £20,000…
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Abbey/Santander
Hi there, My broker just recommended the 4 year fix offered by Abbey, and I have told him to apply. Am getting cold feet because just noticed the thread where some poor woman has had her mortgage offer pulled after exchange by Abbey!!! Anybody any other feedback? My broker says he hasn't had any major issues with them…
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Valuations - eSurv for an ING remortgage
Hi all, Have applied for an ING Direct remortgage, and had the valuation carried out yesterday by eSurv. Anyone know how long it's likely to take for them to send the report through to the mortgage company - ING can't give me an answer, and I've no contact details for eSurv. Everything so far with ING has been really quick…
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Transfer of Equity from ex to friend advice
Hi there I was wondering if anyone can help me on the following please? My husband and I have recently split up and I plan to keep the house but with a friend coming in to take over his 50% of the mortgage. I am just trying to work out who owes who what money and how myself and my friend make it so that we are equal in the…
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Need to remortgage
Having read Martin's blog on brokers and best deals direct, I hope someone can advise me. I need to remortgage the FH. We are 50/50 partners in a business, trading for 20 yrs. I am hoping to take on the business as sole trader as a future income for myself on divorce. I had an initial chat with an IFA, who said it unlikely…
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My partner has a bad credit rating, adivce on getting a mortgage
My partner and I are first time buyers and are looking to buy somewhere. We earn combined £36,000 and want to buy a house at no more than £110,000 with a 5-10% deposit. We applied to a mortgage with the Clydesdale (95%) and were turned down due to being in our jobs less than a year and also do to missed payments. We got a…
