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Mortgage options
Hi All, I've currently a mortgage of £80k, with 15yrs left and am on Natiowide SVR. Thinking of moving and increasing mortgage to £132k. Would you plump for a 3 yr fixed or 3 yr tracker ?? Thanks in advance !
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SVR question
When we took our mortage details were 81399.00 for 17 years at 8.19%( subprime ) fixed until oct 2011 currently paying £740 a month if we do nothing we go to SVR of 3.79% ( at minute this is rate) but can anyone tell me please is the repayment at SVR calculated on original sum and term ? When using mortgage calculator I am…
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Fixed term runs out in 1 year --- am I in bother?
Hi all.. Firstly I'd just like to say I'm completely uneducated when it comes to mortgages/banking anything money related really. Just want to explain my situation and see what people think are my best options. Sorry I'd something is unclear... Basically 4 years ago at the age of 21 I bought my 1st house for £120,000. Like…
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Help with remortgaging - currently IO
Just wanted some suggestions on this situation as my sister is not sure what to do! Mortgage is currently IO for £160,000 on a SVR of 4.79% with Northern Rock. They have 8k of debts currently being paid on a DMP and about 5k of savings.....which is there as a contingency fund. Combined income of just under 50K House is…
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legal fees for moving house
Hi im thinking of moving house and was just wondering can i take my legal fees and pay them with the profit of selling my now home?
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Transfer of equity between married couple
I thought I would post this as I needed the answer to this question myself and eventually phoned the inland revenue Our house was for various reasons in my name only we decided to put it into joint names The IR say that there is no CGT to pay There is a smallish charge £200ish for the transfer (I can't recall it's name)…
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When is the right time to change?
When my current mortgage's fixed term rate came to an end it reverted to tracking the base rate + 0.5% so I'm paying 1.49%. Now though with the change of government and the increase in inflation I'm wondering should I be thinking about changing to a fixed rate mortgage? An added problem is that it looks like I might be…
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HELP owe £51,000 after house repo!!!!!!!
Hi all, first time posting!!!! Just received letter from santander saying we owe £51,000 after they sold our house after repo in september. We had the house on the market for o.i.r.o £150,000 on advive of the estate agents which would have left us owing nothing and making nothing after all fees. Santander has however sold…
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Is there any hope ?
Hi all, I was wondering with all the knowledgeable people on the site if there is anybody out there who could shed some light on the re-introduction of 90-100% mortgages? Me and my over half took out 100% mortgage back in 2007 and have stayed with the same mortgage provider since. Last year we tried to find an alternative…
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Help needed
Hello first time post about my mortgage,mine runs out soon and want to remortgage currently with Brittania on 5year fixed at 5.04%.My house is worth around 110,000 and got 26,000 left to pay what are my best options always been on fixed mortgages before .Thanks in advance for any help Ricky
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Lost Deeds
Hi My inlaws have inherited a house but cannot find the deeds.The Building Society posted them to the owner before he died. Every effort has been made to locate them to no avail. What would be the best way to sort this out? Any advice would be appreciated
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Mum's mortgage ended & she still owes £25k !!
Hi, Not sure what part for the forum to put this in, as it's a mixture of everything ! Basically, my widowed mother (80 this year) still owes £25k on her interest-only mortgage, on a house worth roughly £180k. That mortgage has now come to an end and the Building Society have written to ask how she intends to pay the…
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Impact of Dependent on Mortgage
Hi, My better half and I are thinking of buying a place of our own soon. We have decided to buy just in my name (she works as temp/contractor). Also, we figure that I will be able to borrow enough on my own to buy the type of place we want. Obviously, we will need to figure out an agreement to reflect her contribution. She…
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Self Build
Hello I wondered if anybody on here has had a self build mortgage through Halifax, or has previously had an arrears based self build mortgage. With the current lending climate, they seem to be the only ones who we can get a mortgage through due to needing extremely large amounts of deposit for the other mortgage lenders,…
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Deposit Match on a New Build
Does anyone know which lenders are accepting a 5% deposit match on a new build. This is a non first time buyer but they dont' currently own any property. I believe 90% are available but only for first time buyers OR not a new build. What about 85% - 10% from purchaser and 5% from builder? (remembering it's a new build and…
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Will I get a mortgage with status history of 6
Good morning Wondered if anyone could give me some advice please. Myself and my partner are looking to get a mortgage together to buy a house, I currently have a mortgage which I have had for just over 5 years so am not a first time buyer. My flat has now been sold. We are both on reasonable salaries and know that we can…
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NRAM consent to let
Does anyone have a mortgage with NRAM who has got consent to let? I tried to change my mortgage when it was still Northern Rock but 20% of the mortgage had to be paid off (i have paid off nowhere near that and dont have the funds available to do do). Just wondered if anyone got consent to let from NRAM without 20% mortgage…
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Repossession, help needed!
My husband and I split up in 2005. We own two properties so I continued to live in the main home with our 3 daughters and he moved into our buy to let property. Moving into the buy to let obviously meant a drop in income but he continued to try and pay the mortgage where me and the girls lived and the other one. I work and…
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Mortgage with defaults.
i have been renting a house for 5 months now, landlord wants to sell now. i have 1st refusal. The place is ideal for me and the little man. problem is 3 defaults, of which last 1 comes of end of the year. what are the chances of getting a 90% of a £60000 mortgage. Defaults are £6000, £200 and £200. all paid for within 1…
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Guarantor on my mortgage
Hi I bought a flat with a friend a few years ago and now he wants to move out and I want to buy him out. I plan on getting in a lodger and am due a pay rise in the next 6 months so paying the full mortgage will not be a problem for me. However, the bank I am with will not re-mortgage the house for me due to my current…
