Mortgages & endowments

Discussion List

• Mortgage lenders who accept other types of income?

  Just want to be ready in case Abbey turn us down. I need to know which lenders will consider things like child tax credit, child benefit, DLA/Incapacity Benefit and have reasonably generous multiples. Does anybody know?

• HSBC "Consent to Let"

  Hi, I'm trying to gain information on HSBC consent to let from people who have personally experienced this in the last year or two. In particular, I am keen to hear experiences regarding: 1. Is there any way of extending the consent period beyond the stated 12 months? (renew for a 2nd 12 month block for example?). 2. If…

• Mortgage Lending in Scotland

  Hi I am looking to re-mortgage my flat in Glasgow. I contacted First Direct today, who asked whether the flat was freehold or leasehold. When I said that it was held feudally, as far as I knew, they responded that Scots law had changed, and it must now be one or the other. In addition, 1st Direct will not grant a mortgage…

• Wrong advice from Mis-Selling Claim Agency

  A few nights ago I recieved a cold call from one of these companies that offer to investigate any potential mis-selling of an Endowment (or similar) policy and win you compensation on the usual no-win no-fee basis. I took out a mortgage in 2000 which was part repayment and part interest only. After listening to the…

• I know it's neverending but - grr Santander!

  I know my saga seems everlasting - it does to me too, but I have to vent somewhere! Offered on my third property after initially applying for Abbey mortgage in July. Went through superquick, no probs with underwriting. Changed property and then changed again, with offer accepted on new property last Monday. Sent through…

• Mortgage approved, rates dropped

  Hi all, I applied for an HSBC term tracker about 3 weeks ago. All went well, approved and had the mortgage offer come in over the last week. The survey has just been done, and now waiting on them to give the final authorization. Just checked today, the mortgage rate for the 80% term rate has dropped from 3.39, which is…

• Mortgage paid off - how do I transfer title from bank to me

  Hi my parents just got letter from bank today saying they have paid off their mortgage and that it shall cost £95 plus whether they wish to appoint their own solicitors or use the bans for the transfer of rights back to them. We are trying to find out how much it costs to use the banks solicitors (as the letter is worded -…

• wrong mortgage rate

  Our building society have written to us to say that since May 2008 they had wrongly been taking the incorrect interest on our mortgage. Our fixed rate ended in May 2008 and instead of them reverting the payment back to the variaBLE RATE OF 5.35% They have incorrectly been taking the previous fixed rate of 5.04% They have…

• High repayments, secured loan & redundancy looming

  Not a straightforward topic but i know with the help of this forum i can at least get some direction and alternative views - so here goes.... My wife and I are in the 2nd year of our 3yr fixed term (high repayments mortgage with Future due to our credit history) - we pay £800 per month on a £135K mortgage having put down…

• advice please- mortgage and redundancy

  Hi All I'm new to this site though I used to lurk years ago while paying off credit cards etc. I found out today I am being made redundant. I have got over the initial shock- had spinal surgery last week so fuinding out while off sick made it seem worse, plus we have an active 1 year old. Basically, I'm trying to get…

• Appealed Halifax mortgage decline, what are my chances?

  Hi, I recently applied for a mortgage with Halifax which, after being approved at DIP and full application stage and after a survey was paid for and booked, was declined with no further reasoning. I believe that some bad credit (2 satisfied defaults) from over 5 years ago has shown up when a deeper search on my credit file…

• Applying for a post office mortgage. One £25 carphone warehouse default on file!

  Hi, Any advice welcome. Myself and partner are wanting to make a mortgage application. He has one £25 carphone warehouse default on his file from about 2 and a half yrs ago. He paid it off as soon as he was aware of it! Otherwise files are good. Any advice? Should we go for it?

• Mortgage Arrears and mislead bank advice

  Hi, Due to financial difficulties I moved back with my parents with my kids. I decided to rent my house and as I am in work would make up the shortfall. Not renting would mean I could not afford the payments. I have kept in constant contact with my bank thorughout all of this. 6 months ago as my tenants were getting ready…

• Mortgage Porting

  I currently have a 10 year fixed mortgage with 7 years left and want to move house to a slightly more expensive house. The mortgage company has now changed the criteria for assessment of my Income and therefore the only way for me to move is to sell my house and pay a redemption penalty of £27000 and then obtain a new…

• Premier Morgage Miss Sold Insurance

  Hello, i was hoping for some help with a bit of news from our morgage advisor which has come as a bit of a shock. We used Premier morgage services to find us our first morgage, the arrangment with the fees were that we take legal and general house and indemnity insurance out for a year and they get their commision this…

• Have I been ripped off by my conveyancer?

  I am remortgaging and found the cheapest conveyancer I could through YBS website. They quoted a fee of £437.36 inc disbursements (it is a leasehold flat making the fee slightly more expensive). They have since started work and have just sent me a wad of documentation (full of spelling mistakes!). I now find that they want…

• post office mortgages

  hi martin i am a first time buyer and me and my partner are looking at getting a mortgage with the post office. i was wondering how secure will we be if the company went bankrupt? are they regulated by the F.S.A or anyone or do they have any sort of insurance so we do not loose everything we have invested into our…

• mortgage advise please! porting self empolyed debt arhh!!

  hi hope someone can help we have a mortgage with coventry for past 5 yrs never missed a payment now on a fixed rate for nx 4 yrs partner has perfect credit history is self employed with 1 yrs accounts im have poor credit history & on a debt management plan which is a new thing since taking out mortgage so not sure how my…

• variable rate and being able to overpay or fixed rate and pay off less

  I just want to get some advise on what you think is the best way to go forward. We took out a mortgage in june 2008. The house was valued at 125000 and the mortgage we had in place was for 80500. The interest rate was 6.1% secured for 2 years and since august the rate is now 2.5%. We do now pay the same as we did in the…

• Decision in Principle?

  Hi everyone, Im very new to the mortgage world & wondered if anyone could help me with the following question/concern... I'm looking for a mortgage at present & have found one I'd like to apply for, but they said I have to do a DIP with them for me to get the quote & decide if i want to proceed or leave it. If I do this &…