Mortgages & endowments

Discussion List

• Bad credit mortgages

  Hi there I am looking for some advise, i have a poor credit rating and i am trying to find a mortgage. The property value is £115000 and i can pay 15%-20% deposit, i currently have no debt as it was all cleared in full last december. My annual salary is 26,300-32,000+ (with bonuses) and my partners is 17,200 she has a good…

• Mortgage Advice Please

  I am looking a helping my son and his girlfrend buy a propewrty. They are looking at properties approx 100k and I would pay the deposit for them of approx 20-25k. The plan is that his name and mine would go the mortgage. Can anybody offer any advice about which is the best way to proceed. ie Broker or not, fixed or…

• How do Estate Agents Mortgage advisers make their money?

  Hey, Just wondering how an Estate Agents mortgage adviser would make their money? I was recommended a mortgage with Abbey 3.29% 2 Year Tracker with Abbey, No arrangement fee, free surey and £250 cash back On their website is the same deal, so is it worth be going direct or going via the agent even though its the same deal?…

• The Mortgage Works (TMW) - where?

  Hello All I have found some great rates on TMW website for "Prime Mortgages". Where do I find a TMW agent in Suffolk (Bury St Edmunds). Are there any recommendations good or bad for TME? thanks & regards paddyTT

• 2 year or 3 year Tracker whats your thoughts

  Hi, I saw on Abbeys website they have a two year and 3 year tracker mortgage. They have a good offer they pay for the survey and £250 cash back. I was just wondering what would be the recommened route 2 or 3 year tracker. What are abbey like for processing applications? Do you have to bank with them already?…

• Getting a mortgage on posessionary title?

  We are buying a house with a long garden (100ft) Halifax agreed the mortgage. The solicitor has discovered that 40% of the garden is in fact unregistered and has said that they will inform the Halifax I assume that if the regstered land is passed to me their valuation will be reduced (though not sure how much garden land…

• Any hope of me getting mortgage???

  Hi, long story this one, but bare with me please... :o I bought a flat with an ex, when we split up we tried selling it but was wrong time, so decided to rent it out (which has been happening upto now...) My ex has said she wants her name off the mortgage (willing to sign it over to me, no questions, no £££) and I would…

• Mortgage questions

  Hi We are currently getting our house ready for sale. We will have been in it 5 years in Jan and got our mortgage very easily at the time even though we were only 23/24. I am worried after a few things read on here now. We are currently on a tracker rate only paying 1.75% very cheap and we are lucky. We are selling as we…

• £5500 savings - what to do with it?

  hello, i've got £5500 approx. in my bank gathering dust and i'd like some advice on what to do with it with regards to moving house later on in the year. i've filled up my isa allowance @ 2.8% but i've got an outstanding car loan of about the same amount at 8.5% which i'm paying monthly. i'm not able to overpay any more on…

• Ex still on mortgage & not paying, new mortgage app declined cos of his debts. HELP.

  Me and my ex had a mortgage together, he left me and i have been paying it ever since (and before he left actually). I asked for the mortgage to be put into my name only but based on an initial assessment it wasn't possible as I don't earn enough on my own. So my new partner and I decided to invest together and apply for…

• Foreclosures Halted across USA

  All the major mortgage providers have suspended foreclosures in all States pending the Mers scandal. Story about 45 seconds in to the video http://www.cbsnews.com/video/watch/?id=6940897n&!!!!!contentMain;contentBody Video address by congressman Alan Grayson accusing the banks of systemic fraud…

• How long to be in job before you can apply for mortgage?

  Hi, first post so please bear with me, I know it is long but trying to put all facts down, Daughter has just qualified as a Nurse, she has a job offer but unlikely that she will start before end of Nov/Dec as CRB process is not quick, she will earn @ £21k. She and ex boyfriend bought 80% shared ownership house, when they…

• mortgage balance

  hey all just a quick question..... iv notice a few people have a note of their outstanding mortgage right down to the penny - how do you work this out? when i phoned my mortgage company they wouldnt tell me the balance over the phone, but said they would send it out i writing. Iv not heard anything back yet. sorry if this…

• Staff Mortgage Question

  Hi all Hopefully someone will have a good solution to my question. Ok here goes Me and me partner have a 3 bed house each. but we both live in mine as its detaced and in a slightly better area My partner has a staff mortgage at .25% above BOE rate (very nice) The bank do not offer this mortgage to staff anymore but we are…

• Temp Contract

  I have just found out that 99.9% lenders will not agree to a mortgage even if; You have had a mortgage for 11 years Never failed in any repayments Paid even during spells of unemployment (without claiming benefits) Have equity in your home No debt Good credit rating Only a certain percentage will lend on the basis that…

• Portable

  Can someone please explain what this is? I am looking to sell my house at a loss due to current market and wanting to buy elsewhere at a lower price. I have an Alliance & Leicester portable mortgage at present. Do I sell my house and pay this in full and then be guaranteed to get a new mortgage for the same amount??…

• Mortgage Arrears and Tenancy problems

  Hi all, I'm hoping for some advice, it's a complicated one so please bare with me. Several months ago I was having problems paying my mortgage due to renovating a new house for myself and my family. I informed my mortgage lender of this and they graciously helped me out by adding the arrears onto the end of my mortgage and…

• Repossesion looming. Advice Please.

  Hi folks, Unsure if I am posting in the correct thread as I've not been on before but I need help soon as I am about to lose my house and friend recommended that I come on here. Basically my partner was out of work from last Dec through until mid Aug. We have fallen behind in morgage payments, and much more, and when we…

• Post Office Mortgage - fixed period runs from approval or completion?

  Hi I'm a ftb, just had my mortgage approved with the PO. It's a 2 year fix, but on the illustration it says based on completion date 1 Oct, fixed until 30/9. Thing is we are not looking likely to exchange before early Nov and then may not complete until early December due to having to give a month's notice on the current…

• Halifax Mortgage

  Hi I was wondering if anyone had an idea of how long it takes halifax to come to a dission about a mortgage? we have gone through an mortgage advisor and they sent off the forms to halifax yesterday but we dont know how long we will have to wait any ideas??? Basically im just Impatient :)