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offest mortgage natewst
Hi, I am the director of a ltd company and bank with natwest. I am considering getting a mortgage, can anyone shed any light on getting a mortgage with natwest and linking to my buisness account to offset the interest? it seems this is only available for partnerships and sole traders?
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First-time mortgage: advantages to being an existing bank customer?
Hello, I'm sure someone must have asked this before, but I can't find the answer by searching, so apologies if this is a duplicate question! Do banks offer you a better deal on a mortgage if you happen to bank with them already? I wouldn't expect them to offer you a wildly better rate, but do they ever throw in a few…
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what does a mortgage in principle mean?
i have found a house i want im a first time buyer was told i have a mortgage in principle so does that mean im guranteed one? the mortgage advisor asked me lots of questions i didnt mention a big credit card debt only smaller ones as when i did a credit check on me the debt did not show up! does that mean they didnt find…
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Why do First Direct repayments differ to mortgage calculator's ?
The calculator on the First Direct website gives an estimate of my monthly payments that is exactly the same as the estimate on my mortgage offer. However, this doesn't appear to match estimates from other mortgage calculators. For example, the FSA moneymadeclear or moneysavingexpert calculators. Can anyone explain why ?…
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Impact of short time at address on mortgage application?
We are first time buyers and in order to be more flexible with purchasing and to save a little bit more cash for furnishings in the run up to buying a property, we are moving out of our rented flat where we have lived for 2 years and moving in with family for 3-4 months. Clearly when we make a mortgage application we will…
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Negative Equity but wanting to move?
Hi all, This is my 1st post so sorry if it's in the wrong place... I bought a house in 2007 and now looking to sell. I'm in negative equity by c.£20,000. I have considerable savings but if I use this to 'overpay' my mortgage to bring it back into the black, then I won't be able to have a deposit for a new place. My current…
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Switch from special share equity mortgage to normal
Hi, Currently I have a mortgage with Halifax which is a special share equity mortgage. The builder has 20% equity. I have 5 years to pay it off. If I paid back the equity to the builder in say 2 years can I switch my mortgage to a normal one? The normal mortgages have better rates or will it always be a share equity…
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Two mortgages?
Newbie here, but I think this is the right place. Long story short, we are in the process of moving house. We currently own a 1/4 share of our property which we are selling to buy/move to a bigger house. There's about 13k left on the mortgage, and the new house is valued at 100k. We have a 10% deposit available separately…
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need some mortgage advice
Dear Friends, My wife and I have been homeowners for 4 years and have a mortgage with "Mortgage Express". Within that 4 years we've become parents and since august last year my wife has started working self employed but has a permanent contract which pays her 18K p.a. I myself work self employed and have a small company…
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Endowment maturities - how much did you get ?
There are regularly threads on 'how much will my endowment be worth, should I surrender ?' etc, but here's one where people can list how much they got in comparison to the sum assured...it'll help others to actually have an idea of payouts rather than the projections that are normally relied upon. Go !
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Question about mortgage repayments
Hi :) I was wondering if anyone could answer some questions I have about becoming a first time buyer... How is interest calculated on mortgages? If i borrow £100,000 at 10%, will i be charged 10% on the full amount every year? So basically £10,000 just in interest the first year? Plus repayments of the actual mortgage? It…
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Pay a lump sum off my mortgage or put it into savings?
Hi all. First time here and i have terrible trouble getting my head around matters of finance, so please be gentle... I've recently come into a little money, £10,000 to be exact, and would like to know whether it would be better to pay this amount off my mortgage, or to invest in some form of long term savings (I have no…
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Best rate? 85% LTV 5 year fixed
Can anyone advise of the best deal at the minute for a 5 year fixed with a 85% LTV? Thanks for all who reply!
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Post Office Solicitors and AIP
Hi! Sorry, but I have two questions... 1) My wife and I are both FTB's. We have a 10% deposit and have an AIP from the PO for a mortgage for £160000. Any one have any idea how likely they are to accept us in our full application if we have an AIP? 2) the Post Office seem to be picky about who we can use as our conveyancing…
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Self-employed agony
Hi My husband and I are self-employed. I'm a freelance and he owns and runs a pub - peversley his employees can get a mortgage but he can't. We have a really substantial deposit and will probably need to borrow 100k to get the house we want.... ... here's the question. How feasible is it for my husband to employee me, so…
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Are parents too old for mortgage??
Hi all, I'm new to this site so please be nice! I am currently looking at buying a house and due to bad credit from being a silly student I have a zero chance of getting s mortgage in my name at the moment. My parents have offered to help out any way they can. They have a home worth 400k with no mortgage. I am looking to…
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ING Direct
Hello, Myself and husband are looking to remortgage. I've come across ING Direct and was wondering if anybody has any advice about them? I have heard of them before so am assuming they're a reputable lender? Any advice would be appreciated from anybody that has had any dealings with them/has a mortgage with them? Thanks in…
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Bank calculated wrong repayment amount?
Hi all, I've just been playing around with an overpayment calculator and am either doing something stupid or there is a mistake with our mortgage offer! We are borrowing £160000 over 25 years with an initial rate of 4.69% for 3 years. According to the overpayment calculator, this would make our monthly repayments £906.67.…
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Consent to lease mortgage with halifax
Hi, I need some advice on whether to accept the options or not. I've been talking to Hailfax not long ago about changing my mortgage to a consent to lease/let. I was a bit shocked with the rates they came back with. The situation is that my 5 year fixed deal is ending soon and I wish to move back to the city and put my…
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Split with EX
This is my first post! I split with my ex girlfriend about 2 years ago, we bought a house with a mortgage of around £190k. I moved out & have rented an apartment. I have been paying nothing towards to mortgage for the last year & a half as my ex is currently living in the property. My ex girlfriend wants the house but does…
