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Not sure what to do. Move asap, not move? Can we afford it?
I'm posting here because MSE helped me 4 years ago when I really needed employment advice, and the forums were really helpful. Basically, my partner and I aren't sure whether to move or whether, in this climate, we're being incredibly stupid. We're in a house which we paid £65k for in 2005, outstanding variable-rate…
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How do we advertise for a new flatmate
Hello, We are currently trying to rent a room out in our flat, as one of our flatmates moved out. We have placed a few posters/leaflets around notice boards and newspapers, but had no replies so far. Has anyone got any ideas of good flatshare websites that we could advertise our flat share for rent or any proffessional…
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HSBC mortgage - hidden charge in the repayments?
I am taking out a £150,000 mortgage from HSBC at 2.19% for 25 years. I just got my KeyFacts and there it lists 299 repayments of £649.91 and one final repayment of £649.53. However, if you plug in the same numbers into any mortgage calculator (including the one on this website) or use the PMT function in Excel, the monthly…
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SVR - any info on how they move?
Hi, My 0.84 tracker ends at the end of October and I'm looking at 2yr tracker 2.79% or a 4yr fixed at 4.49% with £100 transfer fee but no booking fees (I have to stay with Santander 'cos its a joint mortgage with my partner and my mum who is now 65 and there's still 23yrs to run - not a lot of choice out there for us).…
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'common law wife' ? ...
guys, i have heard the term, but dont know what it REALLY MEANS.... Im looking into my GF moving in and im wondering what implications are involved. its my house, all in my name and dont intend to put her on the mortgage. i will keep paying the mortgage and she will contribute towards food, utilities, etc etc. now, where…
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Endowment bonus
Can anyone tell me if my Pheonix Life endowment which was( Crusader, Britannia, Alba life) ends 31st Dec this year after 25 long years will pay an end of term or terminal bonus.
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Offset Mortgauges setup fees
I currently have a repayment morgauge with the halifax and have heard that offset mortgauges can drastically reduce the interest payments if you have substanital savings. There are a few banks that offer offset mortgauges ie RBS, Halifax, but they have high setup fees from £400-£1000. Will this apply to first times buyers…
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Remortgaging
Hi all I've been a regular browser of this forum for a while and thought i'd run something past all you experienced money savers. Basically i'm looking into remortgaging to pay off my current mortgage (with RBS), incurring the ERC and taking a new mortgage at a lower interest rate (i've used figures from the Post Office in…
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Old Retention
Looking for some advice please... 10 years ago I moved into a new build house. At that time the local water authority had identified some remedial work that needed to be completed to the drains before it would enter into the S.104 agreement. Therefore my solicitor held back a £500 retention pending completion of the…
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'Buy to let' mortgage or not?
Hi all, I have a mortgage dilemma. I have a small mortgage on the flat where I live (let's call it FLAT1). I am now buying a property as a buy to let (FLAT2). Would you say it is better to increase the mortgage on flat 1 and buy flat 2 in cash or would it be better to have a mortgage on flat 2? The dilemma comes from the…
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95% mortgage
Hello Does anyone know any lenders who do a 95% mortgage to first time buyers. I have 5k, and my current landloard is selling up soon, leaving me in the lurch. Would prefer to buy as renting on my own is going to be costly, and i wont have a chanc to save. Help is appreciated. Thanks
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solicitors and paying off mortgage
Do I need a solicitor to pay off my mortgage I am in Scotland
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c
Please be nice to all MoneySavers. That’s the forum motto. Remember the prime aim is to help provide info and resources. If you don’t like someone, their situation, their question or feel they’re intruding on ‘your board’ then please bite the bullet and think of the bigger issue.
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Age Limit on mortgages
Hi everyone Just wondered if anyone knows if there is an age limit to getting a mortgage? My mum is 52 and in full time employment with London Transport as a bus driver. She lives with her partner but the relationship has broken down and, because it is a joint mortgage, the only way to get him out is to sell the house. She…
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credit score v mortgage
hi everyone checked my credit score and last summer it was under 650 and now presently surprised as it has increased to over 800:j:T Will a lender now consider me for a mortgage? I realise there is more to it but just need advise on the current market any help would be greatly appretiated:)
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Does anyone know where I can find a 'market maker' ?
I am thinking of cashing in an endowment policy 2 years early and have been told by my provider (Aviva) that a 'market maker' may give me more for my policy. I am unsure what a 'market maker' actually does and where you find a reputable one ? If anyone can advise me Thanks
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Incorrect mortgage illustration
My daughter recently applied for a mortgage for a new-build, shared equity home. She was given a mortgage illustration (from one of the publicly owned banks) and as this was affordable, she decided to go ahead with the purchase. She has now been contacted to be told that the illustration was incorrect and they will now…
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Help needed
I moved in with my boyfriend last year and rented my own house out. I would quite happily have sold my house as couldn't really be bothered with the hassle of renting. Anyway, it was my boyfriends decision to rent so thats what i did - suppose it was also a fall back if things didn't work out. My Boyfriend got stung in a…
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the 1 show tonight
hi, i've just been watching the 1 show on bbc 1 & that bald bloke off "working lunch" was on & said that interest rates will almost certainly rise & more than likely double within the next year or so. the thing is i'm just about to go to remortgage my house on one of the hsbc or first direct 1.79% (60%) tracker mortgages.…
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Using my offset mortgage to the best of its ability
Hey guys, I bought my house in April and got an lifetime tracker offset mortgage from woolwich. I just want to check with all you clever lot that I am managing it the best way... I had it set up to reduce the payments as then if i pay by standing order it reduces the term anyway and they say said if i had a reduce term…
