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Able to withdraw overpayments?
Hi, I'm looking into possible mortgages and wondered if it is possible to withdraw overpayments with any lenders? I seem to remember Nationwide allowed this in the past. I'm not looking for a 'flexible mortgage' as such as I don't want to pay a high interest rate for the privalege. From Nationwide's website, they allow you…
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Income that includes overtime for mortgage
Hi, We are looking at moving house but would need to borrow quite a bit more than our mortgage is now and wanted some advice on what we would likely be able to borrow. My oh earns approx £22,000 a year but this includes overtime which he has always done and can vary between 20-25 hours a month. It isn't guarenteed but is…
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Switching Mortgage
Hi there, I'm fairly new to the whole housebuying thing - bought my house in February last year. I got a £100k mortgage (now outstanding down to £97k) with HSBC - it's a variable lifetime tracker, and is at 2.29% + Base With my LTV, at the moment HSBC are offering 1.99% + Base until the 6th of february with No Fee. Is it…
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Could I get out of paying this charge?
We have 2 mortgages with nationwide. Just a temporary thing-we bought a new house before ours had sold. Just had the annual statements through and the redemption figure includes an early repayment charge-fair enough. However it says this doesn't apply if you're moving to another NW product, which we kind of are, the newer…
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Mortgage Chances?
Hi all, newbie here. Can anybody help? Was wondering what the current chances were of me getting a mortgage. Previously had mortgages but have lived in rented property now for 2 years. We've previously had bad credit but have got no outstanding debts at all now. However on our credit files my husband as a ccj from 2005…
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Intrest only mortgage shortfall, Help please
Hi Guys, been reading this forum for a while but never posted. I am in a terrible situation with my mortgage and would like to know if anyone has some good advice. Ill try and cut a long story short(ish) Around 5 years ago I bought a 2 bedroom appartment on an intrest only mortgage, the developer still owns 25% and I got…
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joint Mortages
My boyfriend has a joint mortage with his brother they have been sharing a house for the last 6 years, now my boyfriend wants to move out get another mortage with me. Throughout the six years my boyfriend has been paying more towards the mortage and has had enough with his brother not paying up, now his brother refuses to…
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New Mortgage
Hi I am retired and in my 50s and own my own home worth around 230k. I have finished paying a mortgage on it and have a monthly pension income of £1400. I would like to get a mortgage on another property for renovation worth approx 100k. Ihave enough money for a deposit but would I be able to get a mortgage on my pension…
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Jump or dont
Hi I am aware that a lot of the current posts follow a similar thread but would appreciate thoughts on the current issues around potential rise in rates. I currently habe an outstanding balance of £59000 and am on an HSBC tracker (2.69% above base rate) I am able to take a 5 year fixed deal at 3.99% with £99 fees. At the…
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Decision in Principle and Credit Checks
Hi everyone, I'm a new poster- but have read through a lot of these forums obsessively and have learnt a lot so far! I've been searching through some of the threads- but a lot of the questions are specific to people's circumstances and I just thought I'd ask a very general question... We've just a decision in principle…
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Colleys Valuations - any opinions please?
Hello everyone I am currently trying to get a new fixed rate with Halifax and have arranged for an internal valuation to try to get the 4.59% rate that is available for up to 75% LTV. Halifax's own estimated valuation came in a lot lower than I expected (they told me it's just an estimate based on local sales in the area)…
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Mortgage Renewal
I bought a house 2 years ago, and had a Mortgage for £88950 (30 Years) i was on a variable discounted rate for the 2 years, but now it is up for renewal have been offered 2 new options. 3 Years fixed 4.99% if i take out buildings & contents with them 5.23% if not 2 Years Discounted 4.49% Which do you think is best to take,…
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Re Mortgage
Tracker or fixed rate ? Which is better for current climate?bbr +2.25% for 2 years or 3.69% fixed for 2 years ?
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How badly will this affect my chance?
We have a joint income of 80k, a £50k cash deposit, on electoral roll, no debt-cleared it all last year. BUT have 2 late payments on my credit report from 18 months ago (showing as little green 1's). Will this affect any mortgage application adversely and how badly? Looking to borrow 200k-have had mortgages in the past…
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Advice please regarding Mortgage types and market trends?
Hi This may not have a straightforward answer, but I'm looking for advice regarding whether to opt for a fixed rate mortgage or stay SVR. Independant advisors seem anything but independant and I'm unsure what the market will do, interest rates will go up for sure, but by how much and for when (lots of million dollar…
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deal ended
Im with First Active in a tracker the deal has now ended but it's still low at 2.99%. After hearing that interest rates are more than likley to rise, I need a fixed rate, am I best shopping around or asking First Active, which I think is now RBS to see if they offer fixed rates to existing customers. If they did would I…
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Remortgaging without a kitchen...?
Just a quickie... The day after I completed on my house, we ripped the old kitchen out. The kitchen is pretty much my last thing on a long list of things to do, as I want to save up and get it right. My current mortgage deal comes to an end in the Spring of 2012. If I want to move it to another mortgage provider, will I…
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MSE News: Mortgage regulation tightened by Treasury
This is the discussion thread for the following MSE News Story: "Measures to increase protection for vulnerable mortgage customers have been announced by the Government today ..." Read the full story: Mortgage regulation tightened by Treasury
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Should I remortgage & pay ERC fees?
Hi I would be grateful for a little advice, thoughts etc on what I should do in regards to my mortgage. My husband and I took out a 10 year fixed mortgage in 2004. At that time there were indications interest rates were going up and we knew that this 10 year period would be tight on one income due to having children so we…
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Which fixed mortgage company...... ?
I owe about £28,000 on a house that is worth around £110,000 and I finished my fixed term on my mortgage last month. I'm looking at getting a mortgage for a term of 10/11 years. I don't really want to pay a fee for the mortgage as it is so small. Can anyone advise the best rates around for a fixed mortgage between 2 and 5…
