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Remortgage then move to get a 95% LTV?
My situation: I have just placed my flat on the market, and providing I get the full value, I will have around £15,000 to put down as a deposit after paying off all other debts (I am determined to pay off all debt before taking on a new mortgage.) £15,000 is not enough to make a 10% deposit on the type of property I…
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Should I wait to get a mortgage?
Hi, I am in a position to buy a home with 85-90% deposit. Very unclear what is likely to happen to the mortgage market though or indeed house prices. Am I likely to get a better rate say next year? I am not a first time buyer. Should I wait to buy a house or is it going to be harder to get a mortgage next year? Thanks
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Moving and remortgageing, HELP !!!
Were thinking of moving house but we have to change our mortgage as our current lender (Norwich & Peterborough) are not interested in lending us any more money, weve gone to a broker and he says remortgage now then look to move house and apply for a further advance then, he quoted around £2000 in total for all fees to…
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End of fixed rate
My fixed rate comes to an end this month and I am just going to go on to the variable rate at the mo (which will be cheaper than my fixed!). Will it just automatically change? And do they write out to you or anything? I thought I would have heard from B/S by now but as this is the first time I have had a fixed rate I am…
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Will searching for another mortgage put our mortgage in principle offer at risk?
Hello everyone, I'm after a bit of advise regarding our mortgage in principle offer. Basically, we're first time buyers so thought it would be a good idea to go to a mortgage broker to (hopefully) get our first mortgage. He suggested that we first try to get a mortgage decision through Accord, because they leave a soft…
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pay more off mortgage or save in cash isa
is it better to increase mortgage payments or start up a cash isa
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A little advice on Remortgaging please
Hi All... In about 2 months time I'll be paying my ex partner for her share of the mortgage however at the same time I'd like to be getting a remortgage with a new lender. I should be able to qualify as I will scrap in the 25% LTV and am requesting about 3.5 time salary. Once my ex and I have agreed the terms of the…
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will santader give mortagage
hello, i have applied for a mortagage with santander 4 weeks ago submitted all paperwork i am buying house for 230,000 got 92000 deposit only require a 138,000 mortagage i earn 35000 per year initially they asked for proof of deposit one months wage slip and ids but now they want 3 months wage slips and 3 months bank…
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Selling soon still worth overpaying?
I took out a 30 year mortage about 3yrs or so ago. I've always overpaid but i'm now fairly certain that withing 6 months I will be selling up. Am I as well to drop to minimum payment or is there still a decent gain from overpaying. I borrowed £145k, current paymeny would be just £577 (nationwide) but am paying £1000 and…
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possible???? mortgage advice pls.
first time poster long time lurker... live in house £79,000 mortgage, property worth at best £100,000 at worst £85,000 a few for sale already on our street that cant sell. want to move to better area, looked at house up for £120,000 but agent hinted they want a quick sale as its empty and would take less. would i be able…
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Self Employed Mortgage on Second Property
Hello, My wife and I have a £109,000 joint mortgage remaining on a house which we rent out. The house is now worth approximately £130,000, has excellent long term tenants and we make £100/month on it after maintenance costs. We're currently renting a house (in another part of the country) and we'd like to buy a place here…
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Do I pay of ALL my mortgage or leave some.
Hi All Just wondering if there is anything in the old wives tale of keeping some mortgage liability for the sake of a good credit history. Regular on time payer etc... Something is nagging me to leave £10k or so just in case I need a loan in the future, for a bigger house. Any advice please?
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Endowment Policy as Equity for a House Move?
Hi everyone, I would like to know if it is possible to somehow use an existing endowment policy, which has not matured yet, to increase the fund pool available for a house move before the policy matures ? For example: 1. Current house value £250k 2. New house value £400k 3. Outstanding mortgage on current house: £100k and…
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Advice on YBS charges
Hi Two weeks ago I applied to YBS for thier 4.15% five year fixed mortgage deal, I paid for the booking fee £195 and the Valuation fee £320 at the same time. I havnt heard anything from YBS untill the last couple of days when I was told that they had booked the valuation for today. Now over the last few days YBS has…
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goint to court and repossession
i was made bankrupt in 2009 and my property is in it, i have just had a letter from my mortgage company saying they are taking me to court and i have the court date for next month. does any one know what will happen if i dont attend? also will they then send me a date that i have to move out? is it 28 days after? thanks
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MSE News: Government to maintain mortgage rescue schemes
This is the discussion thread for the following MSE News Story: "The Housing Minister has said plans to help struggling homeowners will stay – but only for a few months ..." Read the full story: Government to maintain mortgage rescue schemes
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mortgage advice.
hi, i''m after some free advice :D we have being thinking about changing our mortgage recently and getting alsorts of different advice as to what to do,and now we ae quite confused. our circumstances are : 44 years old, kids grown up and working:eek: variable mortgage with A&l @ 4.99% paying £392.12 p.m. Outstanding…
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Mortage protection over 65's
Could anyone tell me if they know of any insurance companies that offer mortgage protection for the over 65's. My Husband has a mortgage that runs until he is 83! However, as he has now turned 65 all his protections have stopped. Any ideas?? Thanks.
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mortgage, when own another property
Hi My name is presently on my parents property along with my brothers and sisters. The house is paid off (no mortgage) and it's written (somewhere) that there's nothing we can do with the property until they die. So at the moment its neither an asset nor a debt to me. I'm trying to get a mortgage to buy my own home but…
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Renting vs mortgage
I am currently renting at £800 a month. This is tight for us, and we just about break even each month with all our other outgoings and incomings. The question I would like to ask is - if I were to apply for a mortgage, do the banks care that we are paying £800 a month, and have been doing for a year (for a year before that…
