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Refused mortgage - please help!
Hi, I need some advice please. I have recently applied for a mortgage with ING, as advised by my IFA, and been refused! I never thought I was a bad credit rating but turns out that I am. Here;s my scenario:- 1. I have moved address 3 times in the last three years (although all of my bank statements, credit cards etc are…
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Standard Life: Shortfall - Reassesment or Claim?
Hi, Back in 2004 I complained about the potential shortfall of a mis-sold mortgage I had with Standard Life. They responded offering me 2089 pounds as compensation for the 'avoidance of doubt'. I didn't accept. I received a letter yesterday stating that the offer still stands and I have one month to accept or reject. If I…
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Have money and income but No Status Need Lender
My partner gained asylum and has four years leave to remain in the UK until she can apply for Citizenship or get Indefinite Leave to Remain. She wants to buy a property and has enough to put a 35% down on a £200k house. She has picked a house that we can live in and will generate about £1400 pcm rent from the additional…
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buy to let morgages-help!
hi i am new to this. Can anyone give me some sound advice, i am looking to release some money from my property to buy another house. i want to live in the new house and rent my old one out. with me so far! i have had a few qoutes from an independant finacial advisor but the fees for releasing equity and a new morgage seem…
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Borrow to finish build or part then re-mortgage
Hi We are in a dilemma. We need £110,00 to finish a renovation project that we have started. we bought the plot and coachouse outright without mortgage and have financed everything ourselfves so far from savings which has cost in the region of £270,000. We need the £110 to finish the project which when finshed the…
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Northern Rock Early Repayment charge
Hi, Does anyone know of a loop hole with Northern Rock and their ERC? We took out a 100% mortgage 3 years ago with a 5 year fixed rate. Obviously in hindsight we were foolish and now we are regretting that decision. We want to move ideally before the fixed term agreement is up but there is no way we can afford it with the…
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Endowment and father passing away
My farther has passed away a couple of weeks ago, he had an endowment morgage for 50k with my mother on the house which was due to expire in 5 years and my dad seemed to think there would be a shortfall off 10k. The endowment assurance have agreed to pay 50k. im aware with an endowment you have 2 agreements one with the…
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Overpay and re-borrow later, or save now?
Hi there, My husband and I have a £135,000 mortgage on a house valued at £195,000. We have just switched deals with HSBC and are now on their 1.99% ABR tracker. We can afford to overpay a fair bit at the moment, what with interest rates being so low - we're overpaying by about £400 per month, as well as saving a little bit…
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Mortgage Query
Hi, i'm new to the forum and would appericiate some help to work out if i should remortgage or not. My current deal is 3 year fixed direct FTB from Nationwide and it is due to end june 2011. My current fixed rate is 6.45% but after after june 2011 (end of fixed term) the rate will follow nationwides base mortgage rate…
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Handing the Keys back
Hello I Want to get out of my Mortgage but my redemption fee is so high along with the small equity that is in the house i will be out of pocket financially, i was wondering what happens if i was just to hand the keys back to the money lender.. Can anyone help as it is really beginning to be a rope round my neck. Thank you…
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First Time Buyer - Looking to Invest in a BTL Buy to Let Property -Best Rates? APR
Evening all, As the description sates im looking for some advice about getting into the buy to let market. Ive found a property that i would like to buy, the rental numbers add up but im strugleing to find a buy to let mortgage at a half decent rate.. The property is a one bed flat available for around £75k and i have a…
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Northern Rock Unsecured Overpayments??
Hi all - also posted this in dept free wannabe but thought i may get a better response in here ;) I have a question I hope someone can help me with. I have a together mortgage with Northern Rock (well now Northern Rock Asset Managment) With £13000 odd of an unsecured loan involved. I can find nothing in my t&c about…
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Given the deeds to my house, still have a Mortgage???
Hi, I have swapped Mortgage provider, and I have been sent what appears to be the deeds to the house?? I have now the entire history of the house. I thought you only got this 'when' you have outright ownership of the property? NO outstanding Mortgage. any thoughts why I have been sent them. never asked for them!:eek: k.
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Mortgage for IT contractor
Hi My husband currently works in IT. Although he has a permanent job at the moment, he is thinking about resigning and becoming a contractor. As he deals in a lot of the hiring at his current work, he know's that there's a very high demand for his specific skills / experience at the moment and that he could get a great…
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End of Mortgage term what will happen ???
Hi Everyone, does anyone have any information or experience of coming to the end of term on an interest only mortgage and not have the total owed available will the mortgage company renew the terms or evict you bearing in mind you have never missed a payment and my investments have fell short I would have say 50% of…
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claiming money back
My self and my boyfriend recently pulled out on signing for a property after finding out that half of the land in the garden did not legally belong to the property however they had an indemnity policy on it. There was no mention of this in the brochure from the estate agents. We have lost £600 in solicitor and mortgage…
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remortage immediatley after cash purchase
Hi, long story short. We have bought a house for cash (to close the deal quickly using a directors loan from my company). Can a remortgage be sought immediately or is there a period of time I must wait until any lenders will consider a mortage on the property? Thanks for any help.
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How early can i arrange remortgage?
Hi, Just thinking (way) ahead. My current fixed rate deal ends at the beginning of October 2011. How soon can I set up a remortgage to be there ready and waiting for when my fixed rate ends? - 6months before?? Thanks
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90% ltv remortgage
I am currently looking to remortgage and have a LTV of slightly less than 90%, there seem to be a few products about but are hard to find. Can anyone help? We are currently on 4.95% and I am happy to go with a tracker at present as doubt I can beat that with a fixed rate. Does anyone know of any mortgages with fee free…
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Mum-to-be stuck with 5.29% SVR - help!
This is my first post so please bear with me. I'm a pregnant mum-of-one whose fixed-term mortgage with UCB Homeloans expires this month. It's timely because the government have slashed the rates of my Support for Mortgage Interest (SMI) from 6.08% to 3.63% this month also. I am in receipt of this due to being on Income…
