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Mortgages & endowments

Archives for February 2011

Can I/Should I switch to interest only?
I am one of those 100% mortgage customers with Northern Rock. Signed up for a 5 year fixed rate in March 2007. £76,000 mortgage and £19,000 unsecured loan. The house was a repossesion and needed more work than initially thought (despite surveyors etc going in), we ended up racking up a few more debts in the process. We are…
non-status mortgage?
are there any non-status mortgages available on the market? as mortgage adviser said there isn't any. we (husband and wife) have our own company.
Agreement In Principle - Northern Rock
Hello - I am after a bit of advice (more re-assurance) about our Mortgage which has been agreed in principle. Its with Northern Rock - IFA rang us to say they have an AIP (I think it was called that, may have been decision in principle which may be the same thing anyway). Northern Rock are wanting one months payslips which…
First time buyer -
Hello all. Me and my girlfriend are thinking about getting a mortgage. The house we have found is 60,000 and we have about 10,000 deposit. My girlfriend is currently in a permanent Job (16000 per year) and I am on a tempory contract, but I am looking for work all the time and my job may go to permentant) We worked out that…
Re-mortgage - does this sound a good deal??
Hi I have spoken to many brokers over the last week who are looking into a re-mortgage for us. The situation we are in is this, we are on a woolwich tracker and the rate is 0.79% (i know brilliant rate) however we still owe £75,000 on the mortgage (our house is worth £186,500) and have debts of £25,000. We are wanting to…
Can you secure a mortgage product before you find a house?
Hi. Actively looking to purchase a home (1st time buyer). Is it possible to secure a mortgage product before I find a home that I want to buy even if it means paying a fee? Or can I only secure a product once I am actively processing an application on a property? Thanks
Legal & General final bonus 2011
Good morning, For anyone interested the L & G final/terminal bonus rate for 2011 is 74% shrewdalx
85% LTV Mortgages...
Hi All Myself and my wife are looking at moving home in the next few months (minor details like selling our current house aside!) and are looking at 85% LTV mortgages - it would be lower but we're looking to jump two "levels" in the housing market whilst prices are down. I've had a few searches online at which mortgages…
Northern Rock to offer 90% mortgages
http://www.dailymail.co.uk/news/article-1361347/Taxpayer-bailed-Northern-Rock-set-offer-90-mortgages-bid-return-private-ownership.html
Advice on house move needed
My partners grandmother recently passed away and we were offered the opportunity to purchase the house from family members. We are interested in going ahead and purchasing but there are some issues I'd like some advice on before we even consider it: 1. We have debts of 28k but never once defaulted on a single payment and…
Can we get a morgage with my partners bad credit.
Hi Im new to here. I was wondering if there is anyone that can offer me quality mortgage advise for free? My partner and I are desperate to get out of renting accomodation. Mainly because we now have a 2 yr old little girl and would like more security for her and move forward in life. We would like to get a mortgage…
Mortgage Decline
What happens if you mortgage is declined.... do you get to know why? are you given any further options in order to make an agreement or is that it over and done with? Do you have to wait a while before applying for another? Or is it likely if that is declined all the others will be too? Thanks
Mortgaging a property bought at auction
Hi, Me and the missus (22-21) was going to be buying our first house this year, but have decided that we'll enjoy ourselves for one more year before committing financially. So, I've saved up a bit of money over last 12months, and wanted to buy property at auction to refurbish and sell for profit. Only problem is, the "bit"…
should we fix plese help
just wanted some advise we have been on the santender variable rate for about a year now which is 4.25 phoned them up the other day regarding any fixed deals and all they could offer us was 1 year fixed 4.29 - 500 arangement fee 2 year fixed 4.99 999 arangement fee they cant offer us any longer fixed periods, my husbands…
Mortgage and overdraft advice
I am keen for any info anyone can give..... Please help! My partner and i are looking to buy our first home. It was a very unexpected decision and something we had not planned to do quite just yet however we saw a house and looked into it and are both now keen to buy it. 1 due to the location and 2 due to the price and…
Moving house and porting my mortgage, loosing my 95% deal though
Im soon to downsize to a smaller flat and planned on Porting my mortgage over. When I spoke to the bank in November they confirmed I could move my 95% mortgage across. I went back to them this week and they now say I can only do 90% as the criteria changed in December. Can they do this or do I have any comeback? I recorded…
Scottish Government FTB Scheme
Was looking into this and was wondering if anyone knew of any lenders who would supply a mortgage for such a property without a contribution from the buyer. I.e Property 100k; Mortgage 70k Scheme 30k. The scheme is not shared equity as such and the buyer owns 100% of the property. The 30k is in essence a 10 year interest…
Which fixed rate/offset mortage to go for?
Any suggestions on a good fixed rate offset mortgage out there? I plan on saving between £400 - £700pm which on a mortgage between £100 - £125k could potentially start to make a big difference on monthly payments. I've seen some much better deals out there from other banks compared to what my current has offered me.…
second time buyers but cant move...please help!
Hi, please can someone help? Me and my husband bought our first house in 2008 for £128,950 2 bedroom mid terrace house( 2 up 2 down house) which for a couple was great. We where both working full time had a good combined income. I fell pregnant 6 months after we moved in and after having my daughter was only able to go…
Santander 90% LTV on New Build - HELP!
Hi, We're currently in the process of buying a new build house. My girlfriend works for Santander and knows the mortgage advisor, Amy well so this lender was the obvious choice for us. Amy confirmed to us on Friday that we had been approved so on Saturday we went into the developer a put down the reservation fee. Saturday…

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