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Mortgage to move home with settled default?
Looking for advice on whether I would be able to get a mortgage to move home? I currently have a mortgage with Santander, I spoke with one of their mortgage advisors who said I would be unlikely to get a mortgage through them, they issued me with the default for £450 when they closed my curret account with them whilst the…
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Life Insurance/Assuarnce Query
Hi all, I've just moved over from the 'backruptcy board' as I'm going to try and tackle my finances head on without going down that route. This will probably, therefore, be my first question of many :) If you have a mortgage, must you have separate life insurance? My employment entitles me to 7.5 times my annual salary if…
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Cash in or not to cash in?
Hi, I have three endowment policies; 2 of them have 4 years remaining with C&M and the other 12 years with SL....am i better just to cash in and use the money to lower my mortgage - which is now capital and interest so endowments not required. Then using the usual monthly endowment premiums to start a new savings plan?
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Ex won't pay half to negative equity debt
Hi All, As a regular lurker of the forums I thought I would finally join as I need help!! My fiance is having trouble with repaying negative equity incurred when he and his ex girlfriend sold their house three years ago. There is a debt of £17,000 outstanding. My fiance is happy to pay monthly payments to pay off his half.…
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Mortgage In the R. of Ireland
I live in London and would like to buy a holiday home in Ireland and have spoken to the bank of Ireland who are willing to provide me with a mortgage (very few banks in Ireland are providing mortgages). Is it possible to receive a mortgage from British banks for property abroad?
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Fixed term contract and mortgage
Is it possible to get a mortgage if you have a four year fixed term job contract? Conditions: Large deposit Low LTV Good credit history - No defaults, credit cards paid in full each month, history of paying a mortgage Six months of mortgage payments in savings I think what I should've asked is: how likely is it that I'll…
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How does one go about getting a mortgage for a £1.5 million mansion?
And how much deposit needs to be put down? Thanks
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Credit Score Problem
Hi, I have an usual problem with my credit score and was hoping somebody had some advice or may have been in a similar situation. My house has an official name, and an unofficial number. I'm on the electoral role under the unofficial number, when lenders search for my credit score they can only search under the house name…
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How much can we borrow?
How many times our combined salary will a bank lend? and then we add our deposit to this and in theory this is the maximum house price we can buy?
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Current Fixed Rates...
Hi We are buying a property at £230k and have put down a £100k deposit, therefore need a mortgage of £130k. Our broker suggests to go for a 2 year fixed deal. He said the BEST FIXED RATE to go for is with Natwest for 2 years at 2.75% with a lenders fee of £695. Is this deal ok, just wanted to know as some brokers obviously…
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Buy to Let - moving on from fixed rate
Our fixed rate is due to end in January and currently we will be better off on the new variable rate when it starts. problem is I have just called regarding getting a new deal and have been told that because our rent only just covers the mortgage the only way we can get a better deal is if we pay a lump sum. the rent is…
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Renwing a fixed term mortage advice
Apologies in advance for my terrible knowledge on all things mortgages. I took out a two year fixed mortgage 18 months ago and need to understand what I do from here on in ...... Once the two years are up do I need to reapply for a mortgage, if so does involve the same process as I had to undergo to get the original…
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house swap with mortgages
hi, does anyone know how you go about doing a house swap with mortgages? there are loads of websites that say that it canand does work and sites that you can join to match you to someone etc. i have alredy got someone that wants my house and i want his, but neither of us can get a new mortgage so this option seems best.
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Self Cert Remortgages
Any of these still available? To give a little history, parents are splitting (maybe divorced) Dad does not want to sell the house, but needs to give money to my mam. He is self employed but the business is not doing that good. he has assessets of another property (business shop) I have offered to cover the payments for…
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Wondering about a future mortgage
I am in the process of saving for my first mortgage however i have a few questions im hoping someone can help me with. I have approx. 10,000 in student debt - will they consider this when im looking to get a mortgage? Will it stop me getting one? Secondly what kind of deposit can i be expected to have (as a minimum as i am…
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Mortgage rejected at last minute - now what?
We're about to move home and were given a mortgage in principle with our current lender (HSBC), had accepted an offer on our house and had our own offer accepted on a new place. We went to discuss our formal mortgage offer and there appeared to be no problems but was sent to the underwriters as it's 90% LTV. Today we hear…
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Bank of Ireland
Hi all, currently have a repayment mortgage with Bank of Ireland fixed at around 4%. This will run out in March and I'm a bit concerned about the whole Ireland money situation. Am I panicking over nothing, is my mortgage safe, will I be able to re-mortgage ok? Thanks:(
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Selling on endowment policy
We are going to cash in two old endowment policies to pay off debt. We are looking at possibly selling them on to one of the companies who offer to get more than the redemption value offered by our providers. I have my doubts about this. Are they a good idea?
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Mortgage protection insurance
We are in the process of buying our first home and was wondering if we should get the mortgage protection insurance? If so which ones are the best? We are both in our twenties and have been told about the MPP by Halifax who we will have our mortgage with and they have made an appointment for us to talk to there MPP person…
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Wrong info on Woolwich mortgage offer
We received our mortgage offer this morning and the house purchase price is wrong, (10k too much). We need a revised offer sent out, is this normally straightforward, i.e. just an admin thing. Or, does it need to go back to the underwriters again?
