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Hi, Help Required.
Hi, my mum and dad are both in their 80`s, and dad is due to come out of hospital next week after a heart attack. My mum wants to do some alterations to their house which will benefit my dad, but hasn`t got the money in savings to be able to do it. Their house is valued at about £145,000 and they have a mortgage of around…
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Early Remortgage fixed-fixed is it worth it?
Hello people In may 2009 my 2 year tie in was up and because of the uncertainty of the interest rates I decide to fix for 4 years I currently have until july 2013 before the tie in periods up im paying 5.09% as of today I owe 139900 and am paying £1001 monthly after the tie in period the rate goes to 3.5% above base rate.…
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My pensioner mum and her house - advice
hello was wondering if I could get some advice, my mum who is now retired and earns a private and state pension now fully owns her house, she wants some cash out of the house, but would like to effectively remortgage, the house is worth about 150k and wants about 60k, she doesn’t like the idea of these old age equity…
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Mortgage on a holiday home
Hello, I'm new to this and I hope someone out there can help me. I am looking for a mortgage on a second home which I will use some of the time and let out to holiday makers the rest of the year. I am struggling to find a lender that will lend to me. Does anyone have any ideas? thanks:beer:
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Should I remortgage at lower rate
I Currently have a mortgage with (Abbey/Santander) I took out a 5-year fixed (30 year duration) which commenced may 2009. The rate I secured was @ 3.99% The mortgage value was £129,000 and I paid £247,000 for my property and as a result of works carried out on the place current market value is approx £285,000. Not had a…
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mortgage options after refurbishment of house.
Hi Question for the mortgage experts: Bought a wreck of a house 12 months ago for £121,000 got a morthage with HSBC, for £108,000 my deposit was £13,000 House has now been fully refubished now and worth approx £145,000, The outstanding on my mortgage is £106,500 so LTV of approx 75% HSBC's current mortgae rates is 5.99%…
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two mortgages question ex's and a baby !!!!!
Hi, I split with my ex partner over a year ago and have paid the £127000 mortgage by my self ever since the house is worth £190000 I have attempted to get the mortgage in my own name but RBS wont allow it on my current wages £26000 i am due for a payrise in aug 11 and after speaking with an advisor from RBS he said i would…
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FTB's - Any Chance?
Hello All, Looking for a bit of advice please. My partner and I (both first time buyers) are on a combined salary of just under 35k. We have a 7k deposit. We have seen a few houses and are looking at 70k as our top budget. Only debt we have is £200 left of a £1000 loan. Does this sound viable for a decent mortgage deal?…
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Experience with Nationwide Mortgage
Hello, would like to know your experience with Nationwide Mortgage. I am first time buyer , want to apply for 85% LTV with nationwide. I called up their call centre and checked on how much I could borrow and every time got a different answer. They said that they no longer follow the multiplier and the decision will be on…
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Santander...Variable interest rates for mortgage
Does anyone know what they are?
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Making overpayments on a transferable low rate tracker mortgage
In 2009 my fixed rate mortgage deal transpired and i was automatically transferred onto a tracker mortage with no tie in (1.1% above the BoE base rate), which saw my payments drop by around £200 pper month. I have not made any over-payments but I have put away the additional money I am saving. The dilemna I have is that my…
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mortgage deposit
halifax have offered to lend me 247k mortgage however the houses we like are up for around 215k and get sold for offers of 205k-209k we have a 40k deposit and ive notice we could save £186 p/m on mortgage payments if we can get the deposit up to 25% fixed for 5 years £11160 saving im now thinking if i could take out a loan…
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why do banks ask for mothers maiden name on a mortgage application?
is this normal? is it a security check? they have already checked me out and didnt ask me that but its a question on the form. my mum is dead though. also why does it ask for names and date of birth of dependents? whats my kids ages got to do with a mortgage? will they need to see my kids birth certificates?
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Getting a mortgage to remortgage?!
I am in the unusual position of having bought a flat outright 7 years ago (with inheritance). I am very lucky to have this roof over my head. However, after being made redundent a few years ago and having worked only part-time, I now want to re-train and improve my chances of a secure (f/t) working future. I was wondering…
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Partner moving out...what options do i have?
Can anyone help? This may be obvious to some but I just do not know where to start. My partner and I have a child together and a joint 50/50 mortgage. He will be moving out in December into another flat which he owns on a mortgage which is currently being rented out. He says he will not pay the mortgage on our joint…
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Mortgages and past debts
If I was to get a mortgage with my new partner - would my partner be liable for any old debts i had in the past?
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Mortgage Offer Expiration?
Hi, hoping someone can help with this: In the process of buying a house with my girlfriend, and have applied for a mortgage with Britannia. Britannia have sent out a formal mortgage offer at the end of last week. We are yet to receive this, but I have spoken to our solicitors today and they received it today, so fingers…
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Here's a doozie for you :)
Hi everyone I was hoping someone who is much more clued up than me can help me out. I am looking to move house. I currently have a portable mortgage with Barclays which is solely in my name. I owe around £100,000 on a £120,000 property paying 1.45% (woo hoo). I also have excellent credit. THE PROBLEM: In order to move my…
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Endowment misselling compensation saga
First time I have posted on any forum, but wanted to share our difficulties in chasing up compensation for misselling of our endowment mortgage 13 yrs ago. We took on our financial advisor for misselling. The ombudsman and FSA have upheld our case and agreed we had been missold our endowment. After writing to him on many…
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Applying for Mortgage with 743 credit score
Hi all, in need of some advice. Myself and my partner are about to embark on appyling for a mortgage. We have roughly £87000 equity after current mortgage is paid, are expecting £7000 fees, want to pay off all outstanding credit which will be 30000 which will leave us approx £50K deposit. Mortgage value we will require…
