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Self Employed SA302's
We are looking to re-mortgage later this year to get off the 7.44% APR deal we are on now. We fixed it at the wrong time, just before intrest rates dropped! Anyway, My wife will be working part time by the time we re-mortgage as she will just have come off maternity leave so her salary will be quite small. I am employed…
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Waited 2 years for this house - is this possible?
Hi - very grateful for any replies, I would like to know if these numbers stack up to enable me to buy a house that I've been waiting a long time for, - before somebody else does! Current residential mortgage - offset with First Direct Mortgage = 40k, offset by £30k, savings in Halifax ISA £10.2k (have facility to take…
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Is Death-In-Service Cover allowed for Mortgages?
I'm in the middle of a complaint to the Financial Ombudsman regarding what I see as mis-sold life assurance cover for a mortgage given to my parents. They had sufficient cover for the mortgage from a Death-In-Service benefit from Jaguar cars but the adviser sold them the cover anyway (commission based of course). My…
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How to overpay?
I have an HSBC tracker mortgage and want to make some overpayments. Is it as simple as just sending money to the account number and sort code on my mortgage statement? My wife phoned them up last night and they said I couldnt do this, someone special has to be set up, but the mortgage dept was closed last night. I dont see…
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How much would a self build cost?
I'm interested in finding out what a self build involves. A friend of mine really likes the idea of it but I don't think she's thought it through. I need a breakdown of approximate figures, if any of you have done this before. I don't want my friend to set her heart on it if it just is not going to be at all possible for…
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keeping interest only buy paying off what i can?
Hi guys Is it possible to remain interest only but pay off what i can when i can off my mortgage? In this financial climate what is best?
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Stay On Tracker Or Fix It ???
Hey, Just looking for some advice on my mortgage please. My mortgage is due for renewal in November. It will be 3 years since I moved into my first home. I am currently on a tracker rate of 1.39 above the Bank Of England base rate, so it's been a good price for myself and my partner for 2 years. I am aware that inflation…
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Nationwide
Can anyone advise on a Equity share purchase (1698) loan in connection with a nationwide mortgage offer? In the terms and conditions (no 8) special condition's do apply...as follows 1698-In relation to the loan agreement in favour of (my name) . -where secured the loan ranks subsequent to the mortgage. -the loan is for…
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Adding name to mortgage.
Hi All, I am quite new to the forums - so please go easy on me! I've done a search on the question I am going to ask, and some of the threads seem to have descended into trust issues and squabbling and I'm hoping this won't go the same way! I moved into my boyfriends house in October 2009. He is 25, and has a mortgage on…
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Skipton mortgage through broker - advice welcome
Hi experienced MSErs, Been on this site for years and use the forum loads but have just built up courage to post! I've recently applied for a mortgage with Skipton through the broker London and Country. Last time I had a mortgage (few years ago - have since sold my flat) it was with Abbey and process was bit of a nightmare…
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NRAM ERC refund coming soon...
Some fantastic news.. NRAM from 7th Feb will waive/refund ALL ERC's! This includes FULL ERC and any HWC (help with costs) but does NOT include the DOM (discharge of mortgage fee). However customers will not be contacted and only those customers who happen to call and ASK will be informed. Also this will not be available…
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FTB- Am I doing the correct thing?
Hello everyone. I am just making sure I am doing the correct thing. We are suppose to be doing a joint morgage at the end of this year, But found out my boyfriend has 12 Late payments:mad:, I just wish he would of told me as It was just for £9. So I take it theres no chance what so ever for him to get accepted. Luckily we…
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minimum time before converting to consent to lease with Halifax?
Hello, we are looking into getting a new 2yr/3yr fixed rate product in April with our current mortgage lender Halifax after our current mortgage fixed rate ends. We're wondering, if we have a change of circumstances and have to move to a different town, would we be able to consent to lease on our new deal as soon as a…
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50000 and dont know what to do
first thread so bear with me i have a intrest only morgage of 43000 pounds that finishes in 6 years and have 50000 in cash do i pay it off or pay off 20000 and remorgage at a repayment over 7 years for 23000 and invest 20000 grand in say a cap protected investment for 6 years(scottish widows)i already have 10000 with…
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Mortgage worry - NRAM
We have a 100% mortgage on an interest only basis with what is now NRAM. We have a tie in til June and until that ends, we are unlikely to clear the mortgage debt. I've just been made redundant. My Husband is in full time permanent employment. We knew redundancy was on the cards and therefore considered renting. We managed…
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Mars Capital - change of terms and conditions - ADVICE PLEASE!
We had a fixed rate interest only mortgage with Mortgages plc (due to poor credit rating and self employment). We were looking forward to coming out of our very high fixed rate last November, and planned on conferting back to a repayment mortgage and overpaying to help bring our mortgage balance down a bit. However, in…
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over 70s name on house deeds
Couple are 60 and 70 yrs old. doing a remortgage. does 70yrs need to take name of mortage or house deeds or both or neither?
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Stay on fixed rate or svr with lender??
Hi My mort ends end Aprl and i am looking around to see what to do for the best. I have £98,000 mort over 24 years. Currently on fixed rate. Not sure whether to stay with fixed rate or stay on the svr of 4.24 My husband wont have full set of accounts until mid April, so have decided to stay with current lender Santander…
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Fixed Mortgage and ERC
Hi Guys Am going over this with OH and would like other opinions please. We are currently 2 years into a 3 year fix @ 6.9% with Halifax. Our mortgage balance today is £174,821 and therefore our monthly payment is £1121. We are also overpaying a token £79 per month so £1200 in total. Whilst this represents a significant…
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Freelance FTB-ers with a 15% deposit
Hi, My partner and I are both Freelance TV professionals. We have a 15% and are looking to borrow between £190,000-£200,000. My partner is freelance but payed PAYE. I have recently gone self employed (Aug 2010) but before was freelance PAYE. We have both been TV contracters for over 8 years. I can go back to being PAYE if…
