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Shortfall
I have a £6000 shortfall on my endowment HELP!
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What documents I need to have after remortgage?
Hi, I just received a list of documents I need to have after remortgage. He said that I should have either copy or original to avoid any problems in the future. Problem is that I did not receive anything when remortgaging few weeks ago. My flat is leasehold if that makes any difference. That is the list which I got from…
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mortgage or pension?
I'm trying to decide what would be better. !I currently pay £115 per month to a civil service pension to buy additional years. !I currently have £30800 outstanding on my mortgage, which has 3 and half years left on a fixed rate of 3.99%. I can suspend purchasing the additional years on my pension for a period of time and…
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Advice on selling an endowment policy?
Hi all, long story but I am splitting from my wife later this year, in order to do this I need to remove some of my debts otherwise I won't be able to afford to pay the mortgage on the family home (agreed to pay this as I don't want her and the kids to have to move) and also my rent/bills etc. Had an idea last night to…
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transferable mortgage
Hi I would appreciate any advice anyone can give me with my predicament. I took out a mortgage 3 years ago for £115,000 my property is now worth approximately £95,000 and I owe £108,000 on it. Now here is the thing, as I'm hoping to start a family I need a slightly bigger house and as my mortgage is a transferable one with…
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remortgage/ retirement
Hi, I have just retired on a basic state pension, our plan was to sell up and move abroad, which has now fallen through. My problem is the interest only mortgage is due for repaying and we have no money to pay it off. The property is wort over £320,000 and the mortgage is £30,000. Any ideas, thanks. Geordon65
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NRAM Advice needed
Hi All Not sure if anybody can help, I was with Northern Rock and now Nram when it changed over a while back, the issue i have is that i am 3 years into a 15 year fixed mortgage which has a 4% ERC. I am looking to move home but i cant borrow any money with NRAM so therefore i have to end my deal with them, that means i…
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95% mortgage
Is it possible to borrow with a 5% deposit?
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Fixed Rate Ending in May - House for Sale
Good morning all. Following on from a recent thread about my shared equity mortgage coming to an end, our fixed term mortgage ends at the end of May and we have opted to put our house in the market. We are getting the house tidied up in the next 2-3 weeks and the property will be on the market then. Is there anything in…
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FTB - realistic?
I'm living abroad at the moment, but considering a move back to the UK in the next 6-12 months and would've then been away for approx 18 months so as I'm a bit out of touch with what's going on back home housing market and mortgage-wise, I wanted to get your thoughts on whether this scenario would be about right, even…
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How best to do share of equity with family
Not sure if this is in the right place, so please feel free to move it if not. The situation is this: DH and I had to move overseas with his job. I am not permitted to work under the terms of the visa at the moment. We've been here almost a year in rented accommodation, and have just sold our UK house because we expect to…
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Overpayment advice
Hi there, I've been looking around for a mortgage calculator for my personal mortage scenario and the best I have found (through a thread on this site) is the Egg calculator. I have a mortgage in 2 parts. Both fixed at 5.83%. 19 years 4 months left on both. 1st part is all repayment for £68,000 2nd part is £30,000 interest…
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Any sensible advise for 2nd home mortgage
Hi, I had previously posted a thread to get some advise from regulars and elders!!! lol..but wasnt able to clarify what was in my mind in terms of calculations and pros and cons..possibly because I wasnt very clear with my queries. It is a bit more clear in my head what I am asking...so here goes. Due to some unforseen…
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Mortgage - Renewal, lost and im new.
Hi everyone I am fairly new here and don't find time to visit often, but I do enjoy reading a lot of what you all write. Now I need some advise. My motgage (fixed rate repayment) ends in the summer, now I have been reading that if you want a good deal you need to take a fixed rate now before the rates increase, now can I…
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Endowments,tax and student finance...
Here's a complicated question.When your endowment policy matures are you liable for tax on it even if you are using it to pay off your morgage?Part 2 of this question is do you need to include it in your supporting application for your childrens means tested student finance as income.Help
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0.75% above BoE
Hi, Help. I'm stuck in a mortgage maze! I've recently come off my fixed rate mortgage and am now on a variable rate 0.75% above the BoE base rate. I've been looking around for a new mortgage but am starting to think I should stay on this rate...am I crazy? I'd like my new mortgage to allow me to pay extra off as and when I…
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First Direct - No Key Facts
Just wondering if anyone else has had the same problem? I called First Direct 2 weeks ago and was given a telephone interview to see if i'd be able to remortgage with them. I was told it looked likely and that an application pack would be in the post. The rate I was offered was 3.89% on a 5 year fix (LTV 34%). I was told…
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Mortgage Term Coming To An End - Possible Issue With Bad Credit Score - Help Please!
Hi We currently have a fixed rate repayment mortgage at 6.25% interest, we took it out over 30 years so have 27 to go and it is due to come to the end of it's fixed term in approx 5 months' time so we are starting to look at remortgaging. My husband had some issues paying off debts back in Oct 2006 and we have worked hard…
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Mortgage advise bad credit first time buyer.
I was on a debt management plan when I was struggling with payments. All debts Are now paid off and I have built up a decent deposit of 20% for a small first time buyers home. It's only been a year since I finished my debt management plan and I did receive defaults but no ccjs. I dnt want to apply for mortgages to keep…
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advice please
hi, me and my partner purchased 80% of a house and due to having very little deposit was on quite a high repayment mortgage, it is £739 i month for a £129,999 house. we are due to finish the 2 year fixed term and are uncler what our best options are. Nationwide (our current mortgage lender) has made us various offers:-…
