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want to get my fee refunded.....
Hi guys , I went to an financial adviser that is based within an estate agents in order to try and sort out my mortgage as we were coming to the end of the fixed rate and wanted to have one mortgage payment as appose the current 2 payments - one to the mortgage and one to the 2nd charge. we paid £299 for her services and 3…
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Terminal Bonus Rates for 2011
I have a mortgage of £88500 made up of £60000 interest only and the remaining £28500 capital repayment with an end term date of June 2018. The interest element is serviced by two endowment policies: the first one (L&G) has a maturity date of Nov 2011. A surrender value (yesterday) of £44500 against a target value of £48000…
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Mortgage and rental offset
Hi guys my DD and partner have a house with a very small mortgage £15k (due to family help with deposit etc a few yrs ago). Now they want to buy a new house and in the current market have decided to rent their current house rather than sell. My query is about financing their new purchase - should they increase the mortgage…
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BTL Mortgage Rates 75% LTV
Hello, (I'm new so apologies if I have posted incorrectly). I currently have a mortgage with UCB which comes to the end of its fixed rate at the end of January. I have a residential mortgage with them but in November they gave me permission to let my house for a year (I have moved in with my partner). They have quoted me…
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Mortgage Endowment Hidden charges
Hi guys, I am so sorry if this has been answered before - been looking for hours! I'm trying to get to the bottom of where my money has gone! I took out an endowment on my mortgage in 1989, and have paid £16,000 into it since. I've asked them exactly what I will expect to get if I surrender now - and they've come back with…
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Lender demanding full repayment
Hi All, I’ve just heard that an acquaintance of mine has received a demand from his lender (RBS, I think) to repay the entire outstanding sum on his mortgage by February next year. He has not received any previous communications from them regarding this. From what I have heard he hasn’t got much in the accounts he has with…
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_mortgage help!!!!
Hi im new to this site and wondered if any one had any info on my situation, i have currently a mortgage with Santander for just under 20k and have a flat which i own with my partner, ( he has paid off his mort) we have now split up and i am looking to re-mortgage to buy him out, he wants 100k ( 200k was wot it was valued…
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Need a mortgage for 150k whats best... where do i go for advice?
Im a bit lost .. i need a mortgage for 150k i think i want fixed rate for 5yrs. the mortgage will be for 25yrs. deposit for house is 235k i have tried to look at supermarket comparision site but a little confused. any ideas welcomed please ?
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How long/why now at least 25% deposit to get a mortgage???
Hi, Does anyone have any clue as to how long it will be before mortgages of greater than 75% LTV become available again? Is the fact that you need at least 25% deposit due (partly) to an expectation that there will be further falls in house prices, or at least a move on the part of lenders to cover themselves in the event…
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Enforcing a Charge against a property
Hi, My friend was awarded a lump sum payment of £15k in 2007 which was to be payable by her ex-husband when the youngest child reached 17. There was a charge registered on the property at the time and the money should have been paid to her 2 years ago but her ex-husband has made no effort to pay at all and he was hoping…
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What are my chances of getting a mortgage?
I'm newly self employed, and so is my partner...therefore we have no accounts to show for ourselves. I have around 90K to put down as a deposit though, and we're looking at property around the £200-250K mark. Do we have any chance at all (I was hoping a big deposit might help), or are we doomed to deal with landlords til…
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Mortgage Help - Parents as Guarantors
Hi all, Have a query about the above and this seems the best place to go for advice!! Basically im a first time Buyer, on 30k a year and looking into getting a mortgage (live in Scotland)!! I have 20k deposit too!! I have a bit of bad credit history, my Experian Score was 700 and something (can't rememeber it exactly) and…
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Moving from Fixed to a lower rate- Should I?
Am wondering if I would be better getting out of my fixed rate and moving to a lower rate? I am 3 years into a 10 Fixed Rate at 5.99%. Early repayment charge would be 6% of outstanding balance, plus a final repayment charge of £275. So based on October Mortgage figures my charges would amount to £3592 to get out. Have…
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Explain switching providers/mortgages please!
OK, please bear with me here! In 2005 we took out a 5 year fixed with A&L - £84k on a purchase of £94k In 2010 we sold and bought. Sold at £99k and bought at £171250. We kept the original mortgage and took out another mortgage to top up what we needed for the purchase - approx £150k (we did this as at the time we were…
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remove someone from mortgage, solicitors costs & fee seem high?
a friend of mine has gone through the process of getting his partner (not married) off the joint mortgage. it's taken forever to sort out, about 8 weeks, perhaps longer, but he's finally got the go ahead from Yorkshire Bank that it's ok. during his first phone call with the bank, only a fee of £150 was mentioned. now he's…
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Appeal of declined decision - what are our chances?
Last week we received the bad news that Halifax had declined our mortgage application. Both myself and my partner were baffled as we both have a good credit score and history. After many calls we finally discover their decision is down to bad credit linked to an associated address of mine. Long story short we have now…
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Best BTL with no ERC?
Hi all, The best I've found is Clyesdale's Offset product which is 4.99% with no ERC and a £999 fee. I think Coventry also do one at 4.99 with a higher fee. Is anyone aware of anything better? (Any LTV is ok). Thank you.
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Using endownment to pay mortgage
I am nearing the end of my mortgage of £49k in April and will get £20k from an endownment around the same time. Is it worth putting the £20k into a high rate savings account for a few years, I know about the interest rates being very low, but sureley they will go up! Or do I pay the 20k off the mortgage? My mortgage is…
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hi
i have two questions bugging me so i thought id share.... 1: im currently on a 25year mortgage with co op.i took out a 5year fix which was 4.99 last december. i borrowed 90k. once the 5 years are up, will they offer me another 5year fix or another similar deal??how does it work? my house is currently worth 125k. 2: when i…
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Mortgage Retention Offers
Hello all, I wondered if anyone had had any experience of your current mortgage lender offering you a retention deal to keep you as a customer. We are with Alliance & Leicester and have a deal ending in October 2011, but we are looking at moving products/lenders in May 2011 and taking the hit on the early redemption fee. I…
