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Fixed Mortgage ending soon
My current Mortgage is due to expire fromits fixed rate end of Januaray, I purchased the house August 2009 and borrowed 114k on the purchase price of 128k, it was a property that someone had px to a developer. I beleive the house to be worth around 140k or maybe just slightly under. What i want to work out is my LTV, I am…
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to re-mortgage or not
Hi everyone I currently have a £85000 mortgae on repayment with abbey/santander. I am on a fixed rate until 2012 5% early redemtion is £3600 My wife has run up debts of £14000. Should i* remortgage * wait till the 2012 and change then * switch to intrest only untill we get sorted Thanks for any suggestions Peewa
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Question???
Hi if I have a straight repayment mortgage , currently on a fixed rate till june 2012 would I be a able to just pay the interest part instead for a few months ? making my payments lower temporarily many thanks not sure if it is allowed on my sort of mortgage many thanks in advance
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No to HMS;3% Over Higher limit, Northern Rock 'Together'
:(Hi everyone, I would love any members thoughts on my current dilema, and the response to it by NR. I first took out a 'together' mortgage some 8 years ago, for a total of approx. £250,000, that was ported to my current home 3 years later, and as my current property required substantial improvements, NR made a number of…
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Implications Joint vs Sole mortgage
Hi, I am,in the process of re-mortaging my house to a new lender and I have always previously paid the mortgate as a single applicant despite being married. The reason for this is that my wife had some credit issues with HSBC over 5 yrs ago and it seemed simpler to just doing the mortgage in my name. BTW I am aware that if…
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mortgage question - unusual vendor situation
I am looking to complete the purchase of a property in the new year, but the vendor's situation is slightly unusual and I am unsure if it will influence my ability to get a mortgage. The house I am looking to buy is owned by a local building contractor who has has very recently taken the property in part exchange for his…
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Free Bank Valuation Or Paid Surveyor Valuation??
Hi, Looking to re-mortgage and get the best LTV as possible, but the prospect of a bank/building society ordering a free 'drive- by' valuation shocks me. We have recently had a large extension built and also bought an extra piece of land from a neighbour to give us a very large garden. There are no houses in the area like…
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Porting Help
Hi, we are on a fixed term NorthernRock deal of 6.1% for one more year with early exit fees of £2,400 We are moving to a house valued at £100,000 and are looking at LTV of 70 or 75% Any deals recommended? Fixed or Variable, any help appreciated! Cheers, J
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First Time Buyer Advice Please!
Hi forum, Been a while since I posted anything but I was hoping I could get peoples' wisdom on Mortgages and Flat buying for a first time buyer looking to get onto the property ladder. :o My scenario is the following: Salary: 45K Years with employer: 3years (in Feb '11) Savings: 65K I was considering: Maximum Price for…
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Anyone heard of Carrington Carr Home Finance
A few days ago an advisor came to see me to review my mortgage after filling out an on-line quote system. He was very knowledgeable, however what I found odd was they offered a life time service for a fee of 2.7%, so I went onto line to companies house to get their latest accounts and wow Carrington Carr Home Finance Ltd…
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Some advice please...
Hi, I need to start thinking about getting a mortgage. First time buyer, haven't met with an advisor yet but guess I need to. Would like to get some rough ideas as to what options I may have. I'm 26, living with parents in Exeter. I work in Bristol, although work away (mostly outside of the UK) for 50-60% of the time. When…
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advice needed end of mortgage fixed term is up
Hi, i am currently with the halifax for my mortgage and my current fixed rate deal as expired, im in a bit of quandry as what to do for the best, the house is in my sole name and i work full time. Basically i earn 13168k p.a plus a further 3500k which i earn from renting a room. my current mortgage is 54000k and the value…
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Nationwide Mortgage Help for my mum
Hi all been given great help myself recently on this site unfourtantley had rather a big shock this morning My mother has a mortgage with nationwide (£278 per month) i have a standing order set from her barclays account to her nationwide account for this amount and nationwide then internally transfer this amount to the…
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Mortgage chances
Hi folks, Would appreciate some feedback on the chances of the following coming off. Will try and get all the details down. 1) I already own a flat. Bought for £110K on 5 year fixed mortgage in Oct 07. O/s mortgage with Nationwide is circa £101,500, repay 600 p/m cap + interest. Property value is probably now roughly the…
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what to do?????
hello there im a newbie but not ! ive used this site befor but couldnt get my log in details anyway i hope this is in the right section im trying to find out what is the best option for a family member who wants to buy a property to rent out as a back up for there pension and also to help a family member on the ladder they…
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Problem with Mortgage broker negotiating fee half way through
Hi All I wonder if there is anyone can offer some advice as I have come to a real prob with my broker? We are first time buyers and found a house we like and could afford. My new hubby was made bankrupt a few years ago and has started to build his business up again but wouldnt really be able to apply for a mortgage…
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Mortgage Broker & Fees
Hi All I'm new to the process of getting a mortgage and am looking at approx 210K mortgage on 250K house. I have been in touch with Charcol and chatted to their advisor this afternoon. However, I am a little unsure about one thing... Charcol state that their fee is 0.65% (min £450), with £150 payable on application,…
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Bizarre CCJ Error
Myself and my wife are looking to remortgage our property, We applied with our current mortgage provider (Nationwide) Got turned down for a poor credit score... Checked our scores, Both came in the Good to Excellent bracket. Applied with Natwest (The worlds most helpful bank... NOT) Turned us down due to not passing their…
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Right to buy scheme
Hi, i had a letter through yesterday regarding the right to buy scheme. Me and my hubby used it just over 3 yrs ago to buy our council house this letter states we could be owed some money due to the solicitors that were used in our purchase and how they have charged a huge amount of fees plus put interest on top to which…
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C&G arrears letter
Hi, Hoping someone can assist with a bit of advice. My mortgage is with C&G and in 15 years I have never once missed a payment or gone into arrears. The monthly payment is taken from my account by direct debit. Yesterday I received a letter from C&G advising that my account was in arrears by £100+ and I had to ring…
