-
Mortgage and emplyoment history
I have been working in the same job for just over 5 years now. However I am currently looking to change jobs as I fancy a new challenge and am tired of my commute (110 miles per day!). At the same time my partner and I are looking to move in together on a joint mortgage. We both have mortgages at the moment on our…
-
Is now a good time to re-mortgage to a tracker?
Hi Hope you can help. We are out of our 3 year fixed rate and on SVR for about 8 months now. Is now a good time to enter into a tracker mortgage? Thanks
-
Solicitor for Mortgage and Conveyancing
hi all i am a FTB and am struggling with solicitors. so i've chosen a conveyance solicitor to work with the estate agents solicitor. i have not paid anything my solicitor yet. on my mortgage application, i put down the conveyance solicitor i am using with the estate agent. however the mortgage company want to use their own…
-
redundancy.How to get best out of lender ?
Im heading toward redundancy,seems like one option is to use the lump sum to pay off some of the mortgage......the catch is I have a fixed rate and it doesn't expire for another 4 years ( seemed like a good idea at the time !) Its with the Skipton Building society ,my question is will they let me come out of the fix if I…
-
Lease Extension Advice Please
Hi, I have 82 remaining on the lease of my 2 bed flat. I have contacted the company who work on behalf of the freeholder and told them i wish to extend the lease and asked them how much it would cost to do so. They told me for them to quote this i would have to pay £94 which non-refundable and they would send me a form…
-
Quandry
The 5% fixed rate interest only period on my £23,500 mortgage has just come to an end, leaving just 5 years to go at the new lower (variable) rate of 1.79 over the BoE. The drop in payments is quite nice although I am aware it may go up at anytime. That said, I don’t think (or hope) that is could it go as high, or higher,…
-
Looking for 5 yr fixed with good overpayment facility
Hi Coming to the end of a 5yr fixed which then has a follow-on product of +0.99% BoE tracker for life (ie currently 1.49% if no BoE rate change) Whilst I think it is a good product I wanted to check out options due to the niggling fear of rates being 5% or more within 18 / 24 months when all the good fixed rates may have…
-
Help with remortgage.
I am current with coventry and when I took the mortgage out I had a full time job. One that I had for 10 years. However last year I got made redundant and I didnt tell the mortgage company. I now have a new job but I want to change my mortgage. i have been working for 1 year in new job, i have my own company. The problem…
-
taking out an extra £10 or £15k on offset mtg
I currently have the following mortgage with First Direct: £106k outstanding £180k house value £30k in my savings account, which is offset against mtg (fixed for 5 years at 4.99%, 3 years remaining) My monthly payment are £724 pcm and i have 18 years remaining. If i was to draw another £10 or £15k, how much would my…
-
Help with mortgage ending soon - probs with Nationwide.
Hi all, any advice greatfully appreciated. My parents are coming to the end of their mortgage term (next March). They are currently on interest only and owe £20k on their house valued at £200k. They are both semi-retired. They have a couple of loans secured on the house with Nationwide as well and these are due to end in…
-
Post Office 2 Year Tracker - 90% LTV
Looks like as of today they have stopped doing tracker mortgages for 90% LTV :( This was the product we hoped to go for as thet seem to have a good rep and we seem to fit their criteria So, the search starts again.......
-
Housewife - mortgage worry
Hi I live in a one bed maisonette in a house which has been converted into two flats. Myself and my husband bought the property 4 years ago and the lady living above us is a neighbour from hell. I gave birth to our baby boy 7 months ago and our neighbour wakes him up on a regular basis during the night on purpose. She puts…
-
Nationwide overpayment caution
Had been overpaying my mortgage for a couple of years, reducing the term as opposed to reducing payments. Decided to claim my overpayment reserve back and put it to use elsewhere, and wrongly assumed my term would be extended accordingly......they kept the term at what it had dropped to with the overpayments and almost…
-
SVR or fixed again?
Hi all I had my mortgaged fixed for 2 years in December 08, yep just before the interest rate crash. So I had the pleasure of spending the last 2 years paying 6.13%, this has now (or is just about to end next week) and I revert to the SVR which is BofE + 2%, so only 2.5% which sees a saving of about £300 a month for me. My…
-
Got deposit but in temporary employment
Hello, Any advice on the following gratefully appreciated. My position is this, my mum is willing to provide my partner and I with a deposit of up to £35, 000 in order to help us buy a property. Before we approach a mortgage advisor (appreciate they might have more products to offer us) or the bank (we've both been with…
-
Do I have the right to cancel fixed rate and move to SVR ?
I recently tried to cancel my fixed rate with HSBC and move to SVR. I was advised that I'm not entitled to do that and that I must take one of their other very expensive products...is this correct?
-
Part repayment Part Interest
Hey, New to the forum but LOVING it. I was told by my bank that part interest part repayment mortgages are almost all gone now. Anyone know of any banks offering this on an 85% loan?? Or am I barking up an imaginary tree lol.
-
interest only mortgage - will change of circumstance end mortgage deal?
Hope someone can help with this one. In 2009 I was made redundant but managed to change to an interest only mortgage just before the redundancy was announced. I decided not to look for another job and am a stay at home mum. My partner (who is on the joint mortgage) works full time in a relatively secure job. I did not…
-
Higher monthly payment or overpayment?
Hi, I'm in a situation where I'm looking to remortgage from a variable rate to a fixed rate and would like to know if it is better to go for a fixed rate mortgage with the maximum I can afford each month as the monthly repayment or go for something a bit lower in terms of monthly repayments but then overpay back up to my…
-
Mortgage repayment fines
This is probably a long shot but I was wondering if there is anyway of contesting against the early repayment charges. The thing is we have a mortgage with the company which used to be Northern rock and it is due for renewal in March. We are about to complete on the sale of the house and therefore pay off this mortgage and…
