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where are 5 year fixes going?
YBS have a 3.99% 5 year fix and a 4.09% offset five yr fix, these seem to be the market leading products at 75% LTV is there going to be more competition coming along to challenge that? or are we going to see an upward trend? there are lower fixes (HSBC) but at lower LTV's thanks
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Removing ex partners name from mortgage
Hi I have recently started back at work after several years as a single parent. My mortgage interest was being paid by the DWP and my ex partner hasn't paid anything towards it for the past 9 years. I am now paying the full mortgage myself I realise I'd have to see a solicitor but I was just wondering whether anyone else…
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Will the bank let me rent out my house?
My house has approximately 15% equity and is on my banks SVR which is pretty good. It's on the market but because of the current economic uncertainty I'm not that confident of it selling quick so I'm thinking of renting it out for 6 months to a year instead. I've already moved into my partners house. I know I have to tell…
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mortgage advice
Hi, Me and my wife bought our first house in dec 2006 for 154000. 3 bed semi townhouse. Our first mortgage was through a & l and was taken out on a 2 year fixed deal at 4.74% over 40 years. Since that deal ended we have been on their svr of 4.99%. Works out about £653 a month. Ideally we'd like to tie in to something for…
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mortgage help needed from people who know
I'm in the process of moving house and need to achieve the following but need to find the best deal for my situation: * current mortgage: £105k (£685/month/16 years 2.49% Coventry-variable flex) * current house price :£170k * new house price :£160k * extra lending req (if poss) :£28k Coventry won't lend me more so have to…
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I need some advice please!!!
Hi there Just need some help with my mortgage. Me and my bf are FTBs and have been looking for a mortgage over the last year. We started off with 10% deposit but were quickly declined and soon realised that a 4 year old default that is settled on my bf credit report was holding us back. We then went to a mortgage advisor…
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Borrowing more money on existing mortgage- help
Hi, I need some help!! Myself and my partner want to move back to the town we grew up in. We currently have a 2 bed house worth about £145,000 we've got a mortgage for £130,000 (which we have £125,000 left to pay) We put down £15,000 depoit on the house, if we sold the house for £145,000 we would get that deposit back. We…
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equity release - are they still available?
Hi all, Just a quick question on behalf of my parents. They have no mortgage on their property and are pensioners (state + private) The question is; is it possible to borrow on the strength of the equity on their home to buy a place in France? If so what type of mortgage/loan could be most suitable? (and does anyone know…
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Libor
Is any else in this situation My fixed rate mortgage finished in jan this year and my mortgage went from approx £1000 down to approx £400 , and switched over to variable rate . Since then every THREE months the company send me a letter increasing monthly amount , they say that my mortgage is linked to libor and has changed…
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transferring a mortgage without paying off?
Bit of a strange one here. I live in a house with my mother (long story), wife and kids. We currently have a IO mortgage with BOS for 137k which has reverted from the fixed to the SVR. My mother has offered to buy us out of the house and has offered 200k. I started a business 4 months ago but also still work as a police…
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Can I get my name off mortgage?
Hi, not lived in the house I bought with ex for over 3years. Mortgage company would not take him on his own as he has gambling debts and now he hasn't been able to keep up with mortgage payments. Is there any way I can get my name removed as the house is being repossessed now and The house will probably not make what we…
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Endowment Mortgage help please
Hi, I have a £30,000 mortgage with Northern Rock fixed at 5.29 % until June 2013. £19k is on endowment and £11k on repayment with 9 years left to run overall. My repayments are £213 a month. My endowment policy is going to make at the most £9k. I have been making overpayments of £35 a month and have so far overpaid £2400…
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stuck in a rut with ex
hi just after some advice Im still in a joint mortgage with ex been trying to sort with solicitors but getting no were fast (been goin on 2 yrs!!!) she cant remortgage on her own and doesnt want me to buy her out .............. in the mean time me and missus have her house on market and have an offer .... can we get a…
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1st mortgage payment
Hi All We are due to complete on 30th september, and stated our preferred payment day to be the 1st of each month. The FA just called me to say that usually with halifax they take the payment 14 days after completion, then I have to call them to confirm the DD date..... is this the case? The problem is the FA has been…
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I'm charging Platform Home Loans MY £40 admin fee
Hi All, Year on year platform home loans write to me for a copy of the insurance schedule for 2 houses that I have. I fax them the full insurance schedule which clearly states cover for both houses and that Platform Home Loans is an interested party. They DO NOT read the insurance schedule properly so they write to me…
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Mortgage query
Just looking for some advice - beginning to get a bit worried. Prior to looking at properties and then submitting an offer, I had an IFA come visit. I then received from him an email which said he had received an agreement in principle from a Building Society for £127000. Following on receipt of that email, I then offered…
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Which deal is best??
Hey there, looking for some advise, I'm a first time buyer & a newbie here (so please be gentle!) Looking to buy a property in Scotland for a bout a £150k but only have a 10% deposit. Now I've been to a couple of brokers but they just aren't coming up with any decent deals on their system so I've decide to go solo & go…
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Mortgage Re-valuation
Just wondering if anyone can offer some advice on this situation. My locked-in period is coming to an end in about 6 weeks and I've been to see my mortgage provider (Britannia) to look at switching to get on a better deal. They've told me they use the Halifax House Price Index to re-value the property or I can pay to get a…
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NRock SVR
Can anyone tell me how Northern Rock calculate their SVR? They don't seem to say anywhere whether it's a set rate above Base...
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Northern Rock Together Mortgage - Change of Parties
Hi, just wondered if anyone has been in my situation or if anyone can offer any advice please? I am going through a divorce and it has been agreed that I will take on the mortgage and keep the house. We took out a 'together' mortgage in 2007 and am probably in around £2k negative equity at worst. I have spoken to northern…
