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Unlawful Monthly Mortgage Charges!!!
Hi i hope someone can help me i feel like i am pulling my hair out! Firstly i am single with child (age 3) and have a mortgage i took out in my name only 2003, mortgage is currently being assisted by DSS (Support for Mortgage Interest) they pay approx 100 per month i pay 60 per month, every month i have received a letter…
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recommend life/critical illness cover
can anyone recommend places to try for life and critical illness cover for mortgage purposes? I'm 30 in good health non smoker and have cover for a £110k mortgage and its costing me £50.50 a month with Halifax. I've taken unemployment cover off as that was usless as I work 2 parttime jobs - so highly unlikely I would ever…
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possibly remortgaging
My husband and I need to remortgage our home, as we want to move to a bigger house. We are in a 5 year fixed deal which ends in 2014, at 7.5%. We borrowed 90k and pay 640 per month. When we remortgage - either on this house or a new one - do we need to show wage slips etc? As I have had a year's maternity leave and not…
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ybs or hsbc fixed mortgage advice
Hi, I'm a ftb, 70% LTV, I have made an offer on a flat (waiting outcome), have been spending sleepless nights calculating mortgage possibilities and decided on a 5yr fixed rate from either HSBC (first direct) or Yorkshire Building Society both with 4.29&. Does anyone have any advice re choosing HSBC or YBS - i'm worried…
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Re mortgaging to pay off Credit Cards...
current O/S amount on mortgage - £105,000, current O/s debt on credit cards - £25,000. Total re-mortgage required £140,000 to allow clearing of o/d and a 'bit in hand'. Current value of house approx £240,000. Total combined income £54,000, 2 dependants. I've been with my employer 2 years, OH with his 6. There were some…
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5yr fixed rate
Can I get out of this before the end of the five years? I seem to be locked in to a very high mortgage. I have two years to go. It seemed like a good idea at the time but I seem to be paying much more than everyone else. :(
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First time buyer queries
Hi, I'm not the first time buyer but my partner is and he's planning on getting a mortgage. I haven't owned a property for over 5 years so i've forgotten how things work. He will be getting the mortgage in just his name to avoid the stamp duty. We've got the deposit sorted for a property we've seen. now we just need to…
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Leaving a £1 mortgage in place
I am in the very fortunate position of having been left some money which will enable me to pay off my mortgage. Having contacted Nationwide their advice is to pay off the total sum but leave £1 owing and the mortgage in place. Their reasoning is that should I want a mortgage in the future then it will be easier for me if I…
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Fixed rate renewal legal query
Advice anyone? We are about to sell our house. We took out a new fixed rate mortgage back in 2006 when we purchased our house. When that fixed rate deal ended in August 2008, we entered into a new fixed rate deal with the same lender. The new deal was only ever discussed with the lender over the telephone and we did not…
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30 years mortgage
after 2 years trying, i managed to buy my first house in february this year. when i bought it , we had 270 pounds left in the bank ;) and i couldnt believe my luck when the first morgage bill came in, it wasnt for the end of the month to pay but after 1 and half month... till then we managed to put some fatty on our bank…
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90% mortgages?
I was just wondering...how hard or easy is it to get a 90% mortgage? Me and my partner have our eye on a 100,000 house and so would be looking at a mortgage (realistically) of 90%. Now just a quick visit to the Nationwide mortgage site says its possible but I cant help but wonder if the reality lives up to the internet…
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Mortgage in principle obligation
I believe I can get a Mortgage agreement in principle over the phone using, lets say NatWest. They tell me they could lend me up to £150k. I then put an offer on a house. Do I have to use NatWest for my mortgage? Or after the offer is accepted could I just get a broker to find me the best deal knowing that most lenders…
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PLEASE recommend me some mortgage advice!
Hi all, Basically I am currently renting but have had a pay-rise to £38,500 and am thinking about buying a house in this current market. I have no savings and no way of getting a deposit together other than to take a loan out :( My questions are: 1) Can I get a 100% mortgage? I can't find a definite answer on this anywhere…
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Hsbc
We have had an offer accepted on a house. However, we have been told we need to exchange within 28 days because the next person in the chain will be putting a deposit down on a development which she will lose if it takes longer than this (?). Anyway...we applied for an HSBC mortgage today. We've been told we will get a…
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Any recommendation
Hi I have searched the web for lots of mortgages but it is mabe better to ask for the advice of an expert before we go to the Agents who sold our home for mortgage quotes. We have worked out that we will have a LTV of 52.6% from what I gather we should get a good rate. Can anyone recommend a good place to get some quotes…
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BTL 75% LTV - Any recommendations?
Just been surfing around quickly to see what was out there but wondered if anyone had recently had a good experience based upon this assumption.
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How does remortgaging work on a rental property?
Hi All, Im new to the buy to let business and am looking to purchase another property for rental. I'm looking for some advice on how to release equity on a current property. I bought a house a year ago for 300k. I have a mortgage for 135k. I put up 165k cash into the property. Another property has come onto the market…
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Which date matters?
Hi, I'm currently on a five year fix at 4.99% with Cheltenham and Gloucester. The mortgage started with them on September 1st 2006 (first payment 15th September 2006). I've just checked my documents and it says that my fixed rate comes to an end on May 1st 2011, after which I will move to their SVR (which is 2.5% at the…
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75 year old sold 25 year mortgage
Hi, I wonder if I could get some advice on this. My friends late father was sold a mortgage for £175k in 2003 at the age of 75 (died 2008). He went through a broker but they have no details of who they were. How do I go about finding this out for them? Also is this a case of being mis-sold a mortgage and what recourse do…
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Fixed Rate Coming to an End
Can I have some advice please? DH and I took out a 10 year mortgage - first five years were fixed at 4.98%. The fixed rate period is coming to an end in January 2011. What shall we do - fix again or leave it for a few months to "enjoy" a lower rate of interest? We never have any spare money at the end of the month so…
