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Is HSBC the worst bank for mortgages?
Hi Everyone, I just want to let you all know just how horrible the service I have received from HSBC's Mortgage department is. I applied for a mortgage back in Sept 10. After going through the whole process, I was asked to send in the necessary paperwork to prove my income along with my brother's as it is a joint…
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Switching to interest only- a positive or negative move?
Basically after being made redundant in july and with the new year we've looked at all our outgoing finances. Just curious to know how asking our mortgage provider-in our case Nationwide-would view an enquiry from us about transferring to an interest only product. It would only be an enquiry at the moment as able to meet…
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Self employed Mortgage - Relationship Split..
Hi Folks, I'm after some advice. My partner and I have recently split and we're sorting out the house we both own. It's all friendly (thankfully) but I have some queries and looking for advice from people in similar situation/experience... We have agreed that I will be pay my partner £15,000 cash if I take on the mortgage…
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Have I been mis-sold a mortgage? Help!!!
Hi thanks a lot for reading, I hope this makes sense and that you can help me. I originally took a mortgage with Halifax in Dec 2006 this was a fixed mortgage on a 3 year term, due to expire Dec 2009. As I'm sure you're aware, interest rates were shooting up in 2009 so I decided to re-mortgage early as I was afraid that…
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Please help with remortaging question
Hi, My remortgage completion date is set for tomorrow (provisionally). I requested 75000, because I was not sure how much I will have outstanding after whole process. My outstanding mortgage together with ERC at the moment will be around 74k (rounded up - just to make it easier). What is going to happen with this £1000…
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Adding my name to my partners mortgage
Hi, I have just sold my flat to move in with my partner. We would like to add my name to his existing mortgage with the Halifax who he has been with for approx 10 years with an unblemished history. But we have been advised that we will need to provide proof of both our incomes again. This is the problem - My partner become…
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first time buyer help please!
hi im new to this site so not sure if this is the exact place to post this or not! my partner and me really want to buy our first house. im a graduate in a secure job earning 21k and my parnter earns 22k. i have student debt but thats it and my partner has about £1000 debt left. at the moment we have no deposit but i was…
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endowment advice please
I have two endowment policies (both originally with Abbey Life, (then someone else and now royal london) anyhow i am thinking of either surrendering them or selling them. Surrender value = £10,900 how do i sell them and is is likely to be worth it? am i likely to get much more and how lengthy is the process. Secondly the…
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single mortgage when married??
Hi Everyone, Looking for some advice on the possibility of getting a single mortgage when married. Basically, my husband is at risk of redundancy, but has now been told his position will remain until 2013. In spite of this his company HR dept. has said that they will state the job is at risk for the purpose of any mortgage…
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changing mortgage on benefits
Hi all My mortgage has come to the end of its fix rate and our mortgage company are not being very helpfull are there any mortgage companys that will give a mortage to familys on benefits. Please help.
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Mortgage and property advice
I purchased a property in 2007, it was for my son's and myself. The purpose of buying the property was to change it in the future so that it would be 2 flats one for my eldest son and the other for myself. Since that time I have a new partner who initally moved into my property, incidentally it is on a resi mortgage.…
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Buying outright: Pros and cons?
Hi again. Sorry to start another thread but after speaking to friends in a similar situation, my bf and I have decided to look at the option of buying outright. We have a lump sum budget, with a some 'rainy day' cash left over. I have a few small debts which would easily be cleared in a year and we plan to save quite hard…
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Right to Buy Deposit
Hi I have just started the process of buying my council house under the right to buy scheme. The house has been valued at £80,000 but with my discount, the purchase price is £60,000. Don't know a great deal about mortages so was wondering of anyone know what deposit I would need? Is it 10% of the property VALUE or purchase…
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Probate or not
Hi, I was wondering if someone could answer a fewquestions. A) If I have a joint mortgage with my mother and my mother dies. Does the whole mortgage get transferred into my name? If so and I sell the property does this money count towards my mothers estate and does this need to then go through to probate? B) Any death in…
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Advice Please! Newbie!
Hi all! :wave: Just after a bit of advice really! ill be as basic as i can! i am just about to pay off my loan with savings (£11,000) at the end of this month, got these savings through hard graft at work, gaining a promotion etc. my monthly loan payments are £279. my mortgage is 126,000 with NR-we are stuck on SVR at the…
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Aviva claim I'm in arrears
After 20 years of using a standing order to pay my endowment, Aviva wrote to me saying I had 'missed a payment'. I questioned this, and they've told me that they have a new computer system and it shows I have always been a month behind. Its not a lot of money, but I am very suspicious that their 'new computer system' is…
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Nationwide Mortgages
Hi Does anyone have experience of Nationwide Mortgages. From lodgement of a mortgage application by a broker, how long does it normally take for a survey to be booked and a mortgage offer received afterwards Thanks
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Second charge on my property could affect me borrowing more on my mortgage.
Hi I have a second charge against my house for a business loan I have with Natwest for a property business (ltd company) run as a sideline with my sister. We both have other day jobs and set up the business a few years ago with a £150K loan which is now £112K and paid off in 6 years. The loan is £1500 per month but is…
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Effect of adding me to boyfriends mortgage
Hi all, Happy New Year this my first time here. Just wondered if you could help, my boyfriend has an excellent credit score rating and no CCJ and wants to put me on the mortgage so that we can invest in further property. The problem being that I have a settled CCJ on my file which should be removed this september. How does…
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Yet more Ditch or Fix advice please !!
I'd really appreciate some advice as I've been trying to work this out for myself and it's just getting more and more confusing ! I'm currently in a five year fix at 5.79% which ends in July 2012 - £96,000 outstanding however if I ditch the fix it will cost me 3% of the outstanding balance in exit fees. I've been looking…
