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Settled default ftb advice
Hello, I am trying to get on the housing ladder, but I have a default on a personal loan which I defaulted on (£6100) and settled in the same month of July 2007 due to me being off work after being diagnosed with MS. I have gone to a FA in Nov after I property I liked came on the market. He says he is still struggling to…
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top up mortgage
Help we need an extra £40000 to buy our new house we can only get 210000 from our society, we have searched brokers but they don't want a top up mortgage & their mortgages are much more expensive, we only want an interest only mortgage
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Getting back on property ladder - what customer are you classed as?
Hi all, Daft question time, well it seems puzzling to me!! :rotfl: If you previously had mortgages and then had to go into rented (relocation of job) what sort of customer are you classed as when looking for a mortgage to get back onto property ladder. The categories I find are first time buyer, moving home and remortgage.…
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husband cant afford monthly payments.
Can he do anything? If he sells he will have to go bankrupt as there is negative equity. He is with Santander. Can he do anything?
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Remortgaging question
Hi, I want to remortgage the house. I am buying my ex-girlfriend out of her half of the house also and this will be done seperately to the remortgaging(I don't need extra finiance). Want I want to know is: 1) Can I remortgage the house by myself while the house is still in both our names? 2) Do I need a solicitor to change…
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Deal ending.. BMR or New Deal
Hi Just trying to think ahead alittle. Current mortgage balance £143000 House value £180000. Our 5yr fixed (4.69 Nationwide), finishes in June. Then going onto their BMR (2% above BoE) So currently 2.5%. Obviously no one can predict the future, but at the moment the BMR seems a good option as if we change to any other…
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deposit
;)anyone know how much deposit cheltenham and gloucester are asking you topay these days thanks.
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Newcastle Fixed rate 3.99 (5 years)
Hi Got a mortgage with Nationwide Variable 2.5% 83k Mortgage- over 25% LTV Value Flat 115K Just found out about Newcastle fixed rate for 5 years at 3.99% Is it worth me swapping variable for Fixed rate? I THINK THIS WILL HAPPEN the mortgage stayed the same 0.5% (2.5%) until Jan 2012 and then goes up 1% and goes up another…
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Advice on New Build Flat Mortgage Please!
Hi Im due to move into a new build flat June/July this year so ive started to look at mortgages available to me. (i know a lot of people on here are against new builds but if we could keep away from this issue as im very satisfied with the deal i got it would be much appreciated! :D ) Details: Purchase Price: £185,000…
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House in Wifes Name - Are we covered
Hi, Our house is in my wifes name and has been for several years as I needed to refinance my half of the equity. Although I pay the lions share of the mortgage, my name is not on the deeds, although the house is willed to me. My concern is that you cant 'will' something which effectively belongs to the bank which has no…
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Need Advice on renewing mortgage
Hi All My first three years are up on my mortgage of £55.000 and am currently on a tracker until I get a new mortgage deal arranged, I am currently with the northern bank which have qouted me a fixed mortgage over the next five years of 4.78 % but the setup fees come to nearly £1000 And they keep hassleing me to take out…
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fixed rate that allows overpayments?
We're looking at a few fixes rates of between 4-5% for between 3-5 years. We're happy paying that rate for the security. We overpay by around 650 a month, there's about 80k left on the mortgage. We want to keep overpaying at the rate we've been doing, as it means the mortgage will be gone in less then 7 years . however,…
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struggling with mortgage
Hi im new to this so here goes, basically we are currently on a fixed rate of 6.69% until oct 2013 with the natwest, our current balance is £161,787.95 as of our last statement dated sept 2010, our house is currently worth approx £195,000 and our monthly repayments are £1412 a month and have just under 15 years left, we…
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FTB - fixed, variable or tracker?
Hello, Hope someone can help us! I have always thought when I was looking for a mortgage it would be at fixed rate, but now I am not sure? I am now thinking a capped variable rate might be better?
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Colonial and Winterthur Pension Endownment Miss-selling
Colonial and Winterthur Pension Endownment Miss-selling. I was tricked out of an endowment for a pension endowment and it has been proved that Colonial had miss-sold the policy in their own communications and settlements had been put forward. However they eventually would not honour their proposed settlements. The Pension…
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How do you change a commercial loan to a residential mortgage?
Please can any body help us we have a public house with full residential planning permission and want to swop our commercial loan to a residential mortgage we have approached santander who is our current provider but they don't want to know as they have said it is consolidating a bad debt? but we have never defaulted on…
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Credit Card and Increasing Mortgage
Just a quick question. I have a credit card that I use each month (around £600-£800) and pay it off in full each month. I have had the card for about 8 month now. We are looking to sell our home and increase our mortgage amount to enable us to move to the area we prefer. Would this credit card affect the amount of mortgage…
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Should I consolidate?
I've got £63,000 at 4.88%, and £18,000 at 2.5% with Nationwide. Should I consolidate these loans and move to the 5 yr fix of 3.89% at First Direct? I estimate fees to be around 2500 in total. All advice appreciated. Mongy
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Question about the valuation
We've had got the survey/valuation back from Nationwide and they say the house we want to buy is worth the agreed sale price of 475k. My wife still thinks we are over paying considering the current housing market. I said to her that the Nationwide wouldn't have valued it at 475k if it wasn't worth that much as (apparently)…
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happy :D
Well we went for an initial meeting yesterday about a mortgage with nationwide. I didnt realise just how much my HP loan and my fiances personal loan can affect our borrowing ability. These outgoings ammount to £200 a month and it affected our affordabilty by about 30k! In the position were in at the moment we could borrow…
