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Nationwide legal fees?
Anyone knows how much they charge? Bit confused about it as we got conflicting info from them directly (called twice and got different info on both occasions?), but also different from mortgage advisor? We're buying the property that's 170k - £500 for lenders legal cost does not sound right, does it? Most other lenders…
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What happens to mortgage at aged 75?
Anyone know the answer to this - have a mortgage running till 75 years - now 69 years old - with major building society. Mortgage outstanding is 45 k - house value 400k (modern 4 bedroom good location). So lots of equity and very small monthly repayment (£100 pr month interest only). Have money to pay off mortgage at 75…
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£20,000 remorgage advice!!!! Please
Hi..my current fixed rate morgage deal ends in feb 2011 and I am looking to remorgage for £20,000. i have 7 years left on my initial morgage but would like to get this down to "maybe" 5 years ..if i can find a deal with little or no arrangement fees. any advice would be greatly appreciated as such a "small" amount i.e.20k…
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tranfering mortgage to partner
Hi I have a joint mortgage with my partner on our home and we are splitting up. I would like to sign the outstanding mortgage and ownership to her. Would this mean she would have to apply for the mortgage on her own? As her earnings are minimal and I'm afraid if this happens it will mean her selling and downsizing.…
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Help 90% mortgage needed
We are in a bit of a mess with our finances at the minute. We currently have: Mortgage £223,000 outstanding with £7,000 penalty if paid off early. This is on a fixed rate at 7.49% until Jan 2014, it is a 32 year mortgage with 30 years remaining at end of Jan. Monthly payment = £1545. Credit cards and overdrafts totalling…
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Changing jobs in the middle of getting my first mortgage?
Hi guys, Right I’ve currently got a mortgage application going through. The agreement in principle is all done and my credit check is clean. I’ve also just been invited to attend a job interview next week. Money wise it’s an improvement of several thousand pounds a year over my current job and would be a very good career…
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Mortgage from Platform
Anyone has any experience with mortgages from Platform? They've been suggested my our broker and I found them online. They seem to only do deals through brokers, but the deal that we were quoted by our broker is not listed there... should this worry us? Many thanks in advance
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Vendor 6 month ownership
I recently purchased a number of properties on bridge loans or BTL products will no redemption penalty at any time. The properties are now fully re-furbished and I was looking to either: 1. sell them or 2. re-mortgage them (especially the bridge loan properties) and keep them long term However I have come up against a…
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Quick question re BTL
Hi guys, Hoping I could pick your brains. I was wondering what the best way to approach my bank is to get a Certificate to Let? I would prefer to phone due to work but I was wondering if I may get a better response from going into a branch? I really want to get the certificate rather than go for a BTL. I have just over 25%…
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Help! im getting screwed by my mortgage company and my ex!
Hi I am looking for as much advice as possible regarding my slightly tricky situation... this is the situation: Just over 3 years ago (aug 2007) my ex partner and I bought a flat, we used a mortgage advisor who was a friend of his and without sounding like like a 'silly woman' i left most of the details down to him. the…
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How to proceed for Remortgage ??
Hi, I have 3 years fixed rate mortage which ends June 2011. ERC at current date is 792 pounds. I was checking remortgage rate and HSBC offering 5 years fixed rate at 3.99% for 60% LTV. I have current balance of existing mortgage 135000 pounds ( house value 185000). I can put around 25000 towards new mortgage/existing…
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When does a bank ask for an employer reference?
Hi, I have an appointment with my partner this afternoon to apply for a mortgage. It's our first time having a mortgage but we do not class as first time buyers as we are buying the house from the estate of my partner's father. The house is worth £130,000 and we need a mortgage of £75,000. We are going to Brittania and I…
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MSE News: Nationwide: House prices continue to fall
This is the discussion thread for the following MSE News Story: "The average cost of a home dropped by a further 0.3% during November, following a 0.7% slide in October ..." Read the full story: Nationwide: House prices continue to fall
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motgage switching help!!!!
Hey folks, Hoping some of you guys can help me here. As I have no clue what-so-ever about mortgages and stuff. I bought my flat in Oct 2007 and got a mortgage with Chelsea building society to pay it. My credit rating was not that great, so I ended up having to go with one where I was (and still am) paying around 6%. I was…
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Ditch my fix?
I have a fixed rate of 6.29% which ends in September 2013. At the moment I have an ERC of £5,500 or thereabouts. I have sufficient funds to pay this amount. My house is valued at around 182000. The outstanding balance on my mortgage is 140000. Currently paying 947/month but I pay a round figure of 1000 which means I am…
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An IFA conned me.....
I was advised as a cautious investor to re-mortgage my home and invest in a 'sure thing'. It was what I now know to be high risk. I had my complaint upheld by the FSO against the other company and was ordered to be put back to my former position. The company went bust. The IFA has walked away scot free. BOS are taking me…
