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Shared Ownership mortgages, plus contract work problems
Hi I'm hoping someone might be able to advise me here as I'm coming up against brick walls from trying elsewhere. My partner and I rent in London and would like to buy this year. Buying a flat the normal way in our desired location (Hackney, if you can believe it) is out of our price-range as to get a decent monthly rate…
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Movin house & not allowed a Homebuyers Survey
I remortgaged with Abbey last year (following a previous A&L mortgage) and I am hoping to move house soon and port the mortgage product. I requested a Homebuyers Survey when applying to port the mortgage and was told just to state that on the forms which I have done. However Abbey have now said that I am only allowed a…
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HSBC booking fees up
HSBC fees mortgage booking fees were as low as £99 on some products and now they're back up to several hundred.
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Mortgage FREE!! Yippee! But..
I make my last payment next month:T There is a small shortfall approx 5k, not really a big problem. I want to remortgage about 80k The house is valued at £160,000 Credit is very good no problems there at all. It is it a big deal to organise something like this. I want to build a home in the country, once its built i want…
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Miss selling endownments?
Hi am new to this forum but would like to ask advise on endownments and isa's. I had an endownment mortgage policy which I complained about a few years ago which was a success. I also have an ISA against my mortgage which at the time of complaining I did not consider including it as I thought you couldnt as it is not an…
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shall I gamble and stay on tracker?
I have 190k mortgage about 50% LTV with two parts to the mortage: £120k at 0.69% above BOE and £70k on Coventry's SVR currently 4.49%. Obviously my tracker is great but the SVR rate is quite high meaning each part costs about the same despite the big difference in capital. I've been keeping an eye on fix rates but the…
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Was I Miss Sold an Endowment
I have an endowment that is now 15 years old. It was started by an IFA for me. The situation was I had left the army and was living with my girl friend who's house it was. I wanted to start saving independantly towards a house just in case the relationship broke down. The theory was I did not waste xx years of possible…
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outstanding mortgage in retirement. SOS!?
Hello, I'm 28 and my parents both have approximately 2/3 years until they are at retirement age. They have come to me with a tricky situation in that they are struggling to pay off their mortgage. They currently have £80k outstanding and due to low income can only pay their interet rate back (which they have been doing for…
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Valuation when you remortgage with current mortgage provider?
We are currently on the HSBC SVR @ 3.79%. We aren't burning to move off this just yet but have been keeping an eye on things. When we remortgaged with them from NW in June 2008 (2 year fix) we got a 90%ltv deal. When I hear people say to try to your current lender first should you have credit problems etc (which we don't)…
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My mortgage SVR rise....
Hi I wondered if anyone could give me some advice. Out of the blue last week our mortgage providers decided to increase their SVR and add an addition £120 per month to our payments so I can not afford to pay this extra amount. I came off the fixed rate about a year ago so am currently paying the SVR. I can not move…
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FTB Self Employed, earn enough?
My boyfriend and I are saving for a house over the next few years, by next summer we will have 20,000. We would like a house for 90,000, meaning we would need a 70k mortgage. He earns 14,000 with a permanent job and I am self employed, my question is how much would I need to be earning from being self employed in order for…
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fixed rate ending soon
hi guys im in need of a bit of help, my current mortgage deal ends this year and rather than go on the svr i would rather get another fixed deal. but my husband is recently self employed and i have just been made redundant but have managed to get another job but i will only have been in my new job for 5 months when my deal…
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mortgage tie and future advice
Hi, Posted something similar a year or so ago, thought I would put out there again to see if anything in the market is changing/could change in the future to help me Purchased a house some four years ago, 90k house with 14k on top, totalling 104k - mortgage split 86 on secured, 18 as unsecured current situation still owe…
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Vendor Gifted deposit
Hi, looking for some info on this as it seems very difficult to find. This is not the same as the scenario in which you pay 105k for a 100k house then the vendor gifts back the 5k. This has been explained to me as, home buyers report vlaue of 100k, buying the house for 80k. This leaves a 20k difference between valuation…
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Get a mortgage or wait?
Now im mortgage free now but want to move sooner rather then when me house is sold - would there be any package out there that would give me a short term mortgage until my house is sold or will i just have to stick it out cos the fees will be too high? Thanks
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mortgage
had fixed rate mortgage with reserve facility with barclays ending soon went into branch to discuss thier current offers to find that they had cancelled my reserve facilty 18 months ago as they say they sent me a letter (not received) asking me to reply b4 a certain date if i wanted to keep it. Now if i want to borrow…
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Mortgage Acceptance criteria
Im a little bit worried about possibly a lack of credit score. ive always had a credit card but would never have used it as i would always use debit card. Over last 5years Ive prob used it about 3 or 4 times. My partner only recently got a credit card (her first), she too always used a debit card although years ago she…
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Mortgage for Self Employed - approx 35% LTV
First post, not a complete newbie but circumstances have changed completely since last obtaining a mortgage. Currently with NRAM about to come to the end of a fixed rate and am also moving around the same time, sooo will be looking at remortgaging. LTV should be around 35% on new property, maybe a little less. As I…
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Mortgage with CCJ's
Hi, looking for a bit of advice from you all. Our fixed rate mortgage is coming to an end soon so we are considering whether to remortgage this house or look to move, we need to move soon so might as well see if we can do it before taking out another fixed rate mortgage and have early repayment charges to pay out. The…
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Another mortgage with bad credit post!
Hi, Any advice would be great!! I want to apply for my first mortgage but I have had bad credit in the past resulting in a CCJ of £1080. The CCJ was issued 3 years ago and was satisfied 1 year ago. All my finances are now in order (I have no debts, credit cards etc) and I earn £32000 per year. I have got 30% deposit and so…
