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Mortgage and endowments
I have a mortgage of 26k which I intend to pay off next month with my 30 TF redundancy cheque. I also have 2 endowments which do not mature until 2012 and 2014. Both combined cost me approx 70gbp/mnth. Im unsure as what to do next with these. Im tempted to carry on paying the monthly fee until they mature and then the cash…
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would i get a new mortgage deal
hi all new to this so hope am doing it right, when we bought our home things were very diffrent than they are now we were both working and only had 2 children since then we have 2 more children and i had to give up work my oh decided to take a lower paid job to see the children more, what i am worried about is that our…
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Getting a mortgage with my Italian wife
I'm looking to get a mortgage with my wife, who is Italian (but lived and worked in England about five years ago briefly). Our combined income is good, although we're both self-employed, but I'm just worried that because she is not a UK resident - at least, she's not paying tax in the UK - then there could be difficulties?…
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Legally can my mortgage provider increase my rate if i'm on a SVR??
I received permission to let on a property I own just over 2 years ago (this was for a period of 3 years). Due to the interest rate cut my mortgage rate fell to 2.5%. I cut my term in half to 14 years so I could pay more off. I recently received a letter from my provider (Nationwide) who informed me that at the end of the…
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Northern Rock!
My husband and I took out a mortgage with NR in Dec 05. It is a 100% loan fixed for five years at 5.79. We are now coming to the end of that period and are unsure what to do now. I have called NR and the only deal they can offer is 4.79 which doesn't decrease our payments by very much. We feel we may have to accept this as…
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Endowments I no longer need
Hello, We are soon to downsize dramatically and will end up with a small mortgage. Over the years we have accumulated a number of endowment policies which we no longer need. I know one option is to surrender them to the company, but I am also aware that they can be sold on to a third party. Two questions really ....is this…
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Halifax mortgage rejection
Hi I was wondering if anyone else has had any problems with the Halifax. We went through a mortgage broker to see if we could get a mortgage after seeing a property we wanted. At this point, we purposely did NOT put an offer in as we knew we would need a gifted deposit to be able to buy at the moment (we are saving, but…
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Mortgage with ccj?
Hi all, after a little advice! i have had my house up for sale for over 12 months & dropped it by 25 thousand, i am wanting to move to pay off my debts & get a bigger house just out of the area im currently in where house prices are pretty high i have had an acceptable offer today, but am concerned i wont get a mortgage.…
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Mortgage query ( about credit agencys)
I want to buy my council house which i have rtb on , i will get 35k of the value which is 170k . I am in full time employment for the last 3 years . i have never been late or missed a payment ( dont pay balance every month on cc but always pay more than needed) i have good scores with two credit agencys but for some reason…
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HSBC -Life Time Tracker Special - Looking for some advice
Hi guys I have asked for advice on a few mortgage products on here but never gotten round to actually changing my product over. now I am extracting the digit and getting it done. I have found the following offer and wonder what the general conciousness on it is. HSBC - Life Time Tracker Special Rate 2.19% Set up fee £99 We…
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nationwide mortgage & want to start renting
We currently have a nationwide mortgage and we’re on the BMR @ 2% above base. We've moved out of the house and as we are struggling to sell we’ve decided to rent the house out. I understand that I need to tell Nationwide that I intend to rent the house out, but by doing this will they then take me off the BMR of 2% above…
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First time buyer 10% LTV... whats the worst that could happen?
I am a first time buyer with a 10% deposit who has found the right house and had an offer accepted at a slight discount from the asking price. I have had a survey done and I'm satisfied with the results. I don't want the property to be an investment or a buy to let or anything else other than a place of my own to live. My…
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Mortgage & Deeds.
My daughters partner is hopefully on the brink of selling his house. He/they intend to buy another one with the proceeds from his house and a mortgate of say £20k in his name. Can the whole mortgage be in his name and the deeds of the house be in both his and my daughters name.
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second mortgage for my dad to rent
Hi, I'm new to this but hope someone can help? I have my own property (value £120k) with a mortgage of £98k. My dad's landlord is looking to sell (at a very good cash price) I have about 10% deposit in cash but my mortgage lender will not advance me any of the equity as they would be looking for ltv of 75%. I am not tied…
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Moving house while pregnant/ on maternity leave??
Hi My husband and I are planning on starting a family in the next few years, however there are a few 'complications' as he works away from our current home (200 miles away). When we have children we can afford to just live off his wage but we would obviously want to move to where he works. If I fall pregnant will this pose…
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AAP have not offered on endowment.... do we take that to mean def time to surrender
I posted on here a coupe of weeks back about surrendering endowment and being in 2 minds.... (reasons i wont go into now!) Anyway we were advised to try and sell via aap....they have come back to us today to say they are not currently purchasing royal london policies and should market conditions change they will be in…
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Second mortgage suggestions
My wife and I have a mortgage on a property for 340,000. The property is worth 400,000. We let it out, and the rent covers the interest on the mortgage. We live in rented accommodation, but are keen to buy our own house soon. I have just received a large lump sum - approx 450,000. My wife and I have our eyes on another…
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new mortgage deal
I have been offered a new mortgage deal from santander. I have 18 years left on £91k and have been offered a two year tracker @ 2.79% above base rate, I am currently on the svr 4.24%. There is a £100 fee for this deal. Now unfortunately shopping around with other banks is not an option as my credit is shot so I have to…
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getting married and separate mortgages
i have recently wed and my partner and i, like many people, have our own properties with mortgages in our own names. we live in the property in my name and rent out the other, although this is not a buy to rent mortgage. what is the best way forward regarding managing these? do we keep the properties in separate names and…
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Next Time Buyers
Hi Everyone My husband and I are contemplating our next move in the next year from a two bed terrace to a family home. We live in greater London and so houseprices are high so trying to get a family home is going to be difficult. This is along the lines of what we are thinking: - To buy a three bed semi we would be looking…
