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Monthly Payments Calculator
Really stupid Q peeps, and I have found one in the past, but can I find it now? Where can I find calcs which show what are the monthly repayments for interest / repayment with changing interest rates? Thanks M
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Mortage for contractor with large investments & deposit?
Hi, I wonder if anyone can help please? After 19 years with one employer, I was made redundant and from Nov last yr started to do contracting. I wish to buy a house priced at £300k and have £100k deposit so only need to borrow £200k. I have approx £120k of investments (shares/isas etc) and my contracting rate is £500 per…
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Post Office Mortgage Valuations
Hi Has anyone had a mortgage or remortgage valuation from the Post Office? We are thinking of remortaging but not sure if our LTV will be same as theirs. Thanks
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Re mortgage with additional loan
Hello I'm hoping someone can offer me some advice on remortgaging with a loan attached to the mortgage. I am almost at the end of my 5 year fixed rate period on my mortgage with northern rock. When i started the mortgage we also added a loan to the agreement for the duration of the mortage (35 years). As we are coming to…
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missold home insurance while taking mortgage
hello, i went to halifax to apply for mortgage and got it. nothing beeing mentioned about home insurance. now 3 weeks after completing got paperwork saying that insurace is set up and payment plan.:mad: i already set up insurance with other company, nobody informed me about taking insurance with halifax and mortgage doesnt…
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Self employed mortgages
Hi all. By the end of next year my partner and I will have saved £40k for a house deposit. We have been looking at houses in the region of £135000 Two things. 1) As I'm self employed will I get laughed at for being self employed and have to continue to save? (I'm a tradesman, and no one hire people on the cards now) 2) Can…
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Bought at top of the market, need to remortgage
I bought as FTB at the end of 2006 with a 2 year fixed rate and 10% deposit (which I saved and saved for years to get!) - outstanding mortgage amount is £131K and because of house price changes I am still hovering about the 10% deposit mark four years later. Currently on Santander SVR of 4.24 %. should I fix now? it will…
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prev poor credit - chances of mortgage with big deposit?
hi everyone, wonder if someone could give me some advise please? im 43 in a perm job (nhs staff nurse) for last 18 months, currently living with partner who is selp employed, and our 3 kids. I previously had a very poor credit rating (long story but illness meant i couldnt work, but didnt use the insurance cover on several…
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Applying for loan with mortgage in principle underway
Hello all, We have secured a mortgage in principle and should exchange contracts in 6 weeks and we don't anticipate any problems Which is why we want to start ordering some stuff for the new house, especially with the January sales. As most of our money is accounted for with the deposit, we were planning on getting a…
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Mortgage for home improvements
Hi, I haven't got a mortage at present, own my own home, which is worth approx £240k, but would like to make improvements to it (downstairs shower room, extend kitchen etc). Cost would be about £40k if I do everything I intend. I suppose I'm in a relatively good position re mortgage to value ratio, but I am 47 and although…
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Remortgaging ideas/advice
Hi, Looking for some opinions on what we're thinking of doing, ultimate aim of paying off the mortgage asap. Currently on SVR 3.5%, 80%LTV, 32 years remaining, thinking of taking a 3 year fix at 4.14%. The 3 year fix allows overpayments of 10% of remaining debt each year. Current debt approx £84k, repaying £1100 a month…
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Complex situation- ideas please
Hi all, I'm looking for advice about re-mortgaging. Back on 2006 I bought a flat on an equity share. I paid 75% and the developer paid 25% (the price was going to increase so I could pay that back- I was so niave :( ). Anyway in 2008 I had change of life and went back to uni... Just as the housing market really slowed down…
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higher salary, better remortgage?
Hi Folks I've recently started a new job this year and was wondering whether I can leverage that to improve my mortgage? My current mortgage was taken out in 2007, it is interest only as that was the only type of mortgage I could get with my salary back then (18k). Lender is A&L Mortgage is 121k House was purchased for…
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First Mortgage & Debt - Help!
Hello. I am hoping you can give me some advice before I go and speak to an IFA/my bank. I currently live with my fiance who has a mortgage on a flat. My name is not on the deeds as he bought it before I came along, but I have been paying half the mortgage payments and bills since I moved in (and can prove this on my bank…
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Fixed Term mortgage but would like to move
Hi, We took out a 27 year mortgage with nationwide for £117,000 approx 3.5 years ago fixed at 5.58% for 5 years. This fixed rate ends 31st May 2012 and we currently owe about £109,000 against a property worth about £120,000 current market valuation. We will revert to nationwide's BMR (currently 3.9%) once the fixed rate…
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Yorkshire building society
my 5 year fixed rate of 4.79% at the YBS ends in feb, on every statement i have received it stated that when it ends i will move to 0.75% above baserate. but i have now received a letter stating that I will be moving to a rate of 3.69%. when I phoned they said this is a capped rate. which I find totally unfair, is there…
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Flexible Mortgage
Hi I have a flexible mortgage with an interest rate of 1.49% Monthly payments are £416 but I pay £800 so I can pay off loan quicker. I'm I better off putting this extra £400 or so in a savings account at a higher rate then paying the amount saved + interest earned back into the mortgage? Hope something can advise Thanks:T…
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Aviva Endowment
I have just re read my latest statement on an endowment with a target amount of 34,800. Statement says that current value is 20,552.53 as at may 2010. same letter a year earlier current value 20,521.61. Have paid all my premiums 62.8 per month, 753.6 so how has the cv only increased 30.92 in a year ?? Think I will probably…
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To sell or not to sell
We have a repayment mortgage on a flat we let out, approx 95% LTV left, fixed period ended in jan, also have a second property in which we live, this is fixed for 3 years and 85% ltv. The rent from flat is 725 per month and current repayment is 650, with variable interest at 4.89%. We are worried as to the news of interest…
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Unpaid (as yet) tax = outstanding debts for mortgage?
Hi all Thanks for the advice I received previously, I am slowly getting things sorted out and hopefully 2011 will be the year of finally buying! I came up against a problem with "outstanding debts" though. From my point of view I don't have specific debts, just credit cards which I pay off fully every month for groceries…
