-
'Long Lease'????
Hi there I am interested in buying leasehold flat. The estate agents websote says it is to be sold with a 'long lease' which i assumed meant that the lease would at least be over 80 years (so that to renew the lease would not involve the marriage charge). However i did a search on the land registry which seemed to show…
-
Help Please!!
Hiya, I'm new to this site, as i have an appointment with an independent mortgage advisor in the week i thought i'd ask on here first. I took out one of those northern rock together mortgages 4 yrs ago on interest only and i'm now in a better position to pay a repayment. The only problem being that i still owe 125%!!!:eek:…
-
Is it really that simple?
Hello there mortgage money savers. I seem to have thunk myself into a corner and can't get out. I have a SVR product at 3.5% on interest only.The property in question is rented and provides an excellent return which I hope and expect will continue. Partly due to this good return I have established a good stock of savings,…
-
American mortgage comparison sites...anyone know any?
Hey all. My hubby is American, and whilst I am awaiting my visa to live with him again he is researching mortgages and trying to find a good loan. Id love to find a similar site to this, or something like money supermarket etc, just for american loans. I have tried googling things such as 'american mortgage', 'usa mortgage…
-
Believing the Broker
Way back on October, we contacted an independent broker recommended by a friend to help us find a company prepared to help us remortgage after our bank (HSBC) said no. The first company he approached (Coventry) also said no, then Cheltenham & Gloucester said no because of the LTV (houses like ours go for £230,000 to…
-
Converting to Buy to let mortgage - fees
Hi, I have just been told by Santander they require £295 to grant me permission to let out my property, currently on a residential mortgage. Surely this is precisely the kind of unreasonable over-charging that the banks have been pulled up for. Is there anything I can or should do to bring this rip off to the attention of…
-
Which Mortgage
Heloo I am trying to buy a house, I am a first time buyer and can easily afford the repayments on a £150,000 house I want to purchase but I cannot afford the deposit, I only have 5% savings at moment, so can I: Borrow 95%LTV, if so where? Use my parents house, own outright and worth £400,000 as garantee? Thanks
-
endowment mortgage statement help
If i have 'total number of units held' and 'total value of units' on my endowment statement does this mean i have a unit linked endowment? Probably a stupid question but it doesn't say anywhere.
-
rental income on a joint mortgage
Hi, I went into a joint mortgage with a friend last year and they now want to move out and move a lodger in to pay their 'rent.' Is my friend correct in thinking that he can still benefit from a 50:50 equity split when we sell (after initial deposits are withdrawn - as drawn up in a deed) if he hasn't technically…
-
Aviva offering confusing WP endowment options
Hi there, just this morning received a letter from Aviva, usual stuff about how badly our WP endowment was doing and how it will be way short of the original projected value, so no surprises there. However, this letter offers two options, and says we must choose one by January 2011, or lose 'the guarantees associated with…
-
terminal bonuses
so, it seems (L&G low cost/with profit endmt), that you DO get 'some' TB at surrender... Legal & General Assurance Society Ltd City Park, The Droveway (off Nevill Road), Hove, East Sussex, BN3 7PY Our ref: CS/H/CET/CD Your ref: Policy number: Dear Mr , Thank you for your email of 2 December 2010. I can confirm that…
-
POrting an RBS Mortgage
Any views on this? Moving from South West of England to Chepstow as cost and time of travelling to work in Bristol is killing us (2 hours each way, £500 per month) Have a fixed rate 5 years mortgage with RBS (5.09%) which is 1 year in - as the penalty for ending early is 1% per year, was looking to port mortgage rather…
-
Advice needed please
My house is mortgage free and i have the deeds, i want to remortgage for around £30-£40,000 if i go ahead do the banks take and keep hold pf the deeds? not sure how it works.
-
Nationwide, 2 mortgages and Let to buy - Please help?
Hey guys, please listen me out and help? I own a house together with my mum, both names are on the mortgage, I want to move out but keep my name on the existing mortgage. I applied for a deal with Nationwide via the broker, they accepted it, but now they request a letter of consent from my current lender that my current…
-
FTB General morgage advice wanted.
Hi all first post woooo, Basically Im renting with my girlfriend and we want to buy a property next year. We have both been in our current jobs for a year and aged 22 and 23. We earn 40,000 between us basic. She regularly gets bonus and I get shift allowance. Will lenders take extra income into account? Deposit wise we are…
-
Is keeping a small mortgage advisable?
I have recently had a Critical Life policy pay out the grand sum of £74000 (the silver lining to a pretty sh***y cloud). I intend to put almost all of it into my mortgage - standing at around £78000, and my Building Society will waive penalties, due to the circumstances. This will leave me with a mortgage of around £6000.…
-
HSBC Mortgage
Hi, We have an AIP with HSBC for £180k LTV 90%. How likely is the application will be successful? Basically, we went into a branch and one of the staff (who is not a mortgage advisor) issued the AIP. She asked all our details and did some kind of credit check (she said it is not a detailed credit check). A few people we…
-
Northan Rock End of fixed negative equality
five years ago we bought a flat for 96k since then we added some loans on and we now owe 103k on our mortage. our house is worth about the same as what we bought it for . we are comming to end the end of our fixed term. i think i am stuck but i would be greatfull on advice on a couple of things 1) would we be able to move…
-
Mortgage calculator
Can anyone supply a link to a mortgage calculator? Am I right in thinking where the mortgage repayment is capital and interest that although the monthly payments are likely to be the same(on a fixed rate mortgage for example) there will be differences each month in how that total amount is made up i.e as each month's…
-
No way out.
Hi all, My wife divorced me in Dec’08 without financial disclosure, our son lives with her and I see him regularly. I stayed in the family home (a small semi) as I was on a higher salary & in a better position (we agreed) to be able to buy her out. Later though, the mortgage company said I couldn’t, because of all the debt…
