-
Moving house and need porting mortgage advice.
Hello, first time post, please excuse any errors :D I am wanting to move house and have a question on porting my mortgage and the depoist I would need to pay. I currently have 67k left on my mortgage. We would like to buy a house worth 120k. That would mean getting a mortgage for 53k to run along side our current deal of…
-
Remortgage advice needed please
Hello all, To quickly summarise my girlfriend has a £72000 mortgage on a £125000 house but also has £20000 of credit card debts. These credit card debts are now at a high interest rate and she desperately wants to remortgage to consolidate the debts (she's been trying to sell the house for a year and a half but the state…
-
Self-employed mortgages
Hello are there any mortgages out there for self-employed people? If so what sort of rates are you looking at? Also, I take it you would need 3 years accounts? thanks
-
How best to complain about Mortgage set up wrong.
My endownment mortgage I set up 20 years ago ends in December, I have kept the endowment on track but now I have had the final statement I notice it wis nearly £30,000 light!!! Looking back Nationwide seem to have set up a £33K endownment to cover a £60K mortgage. Nationwide just don't want to know. Who do I compain to??…
-
Should I or Shouldnt I ???
Hi people, Have an interesting dilemma to sort out here. My mother faces having to sell her house in 18 months time as £90k is due to the mortgage company. She has been paying interest only and has no endowment or any other means of paying off the remaining amount. She cant re-mortgae as she works part-time and they will…
-
Mortgage increasing!
Hi, I have been overpaying my 140k mortgage everymonth for some time now (its now at c.56k) and have always kept the monthly payments the same and reduced the term. So im still paying the orginal £720p.m repayment amount + an additional amount extra each month (depending on how much spare cash i have). I havent paid any…
-
Transfer of Equity
i'm looking to sign over my name on my mortgage with me ex to my ex's mum so that they can have the mortgage in their name. Is there a way of doing this without needing to re-mortgage? all i want at the end of the day is my ex's mums name on the deed rather than my own. Thanks
-
seperation name change help
HI all i own a house between myself and my wife, we seperated a while ago and she has agreed to hand the house over to myself without any finacial benefit to herself. The problem i have is that my income alone does not meet aliance and L's requirements. She has agreed to remove her name and have my new partners name on the…
-
Advice needed re: Santander Mortgage
Afternoon all, Ok, I am/was a first time buyer and last year jumped on the property ladder with my better half :j We are very happy about this fact but our next plans involve going travelling. Now ideally we would like to go next year but are currently stuck in a three year fixed deal with Santander. Now in order for this…
-
Endowment ends 4yrs
Been sent a letter from NRock telling me my mortgage ends in 4yrs and to tick a box on how I will be paying it off. i.e: Investment plan endowment policy get a quote to convert my mortgage to a full repayment basis. It says that I have to send back the letter telling them what I am doing. I will tell you my circumstances…
-
Which mortgage to pay off?
Hi, We have just moved into a new house with a £150,000 repayment mortgage at 2.29%, repayments are roughly £660 a month. There is no tie-in or early repayment charge. We also have another house rented out with a £120,000 interest-only mortgage at 3.49%. Monthly payments are £350. We are tied in to this one until March…
-
First Direct 5 year fixed - product fee increase
Has anyone noticed that First Direct's 5 year fixed rate of 4.29% has increased its product fee from £99 to £1499:eek: Luckily I had until today to reserve the rate but just a heads up to anyone who was thinking about it! The next best 5 year fixed is now 4.59% with a £99 product fee
-
Mortgage/endowment dilemma.....advice sought
Hoping somebody out there can help? At the end of May we will reach the end of our 3 yr fix with the BOI. We have paid an interest rate of 5.65% and have only stuck with it for all this time as there is a hefty 3% redemption charge. At present we have a property worth approx £250K and the mortgage on that is approx £114K.…
-
Mortgage advice
Hello This is my first post on the site and im wanting some advice if anyone can help. Myself and husband are 2 years through a five year fixed rate mortgage at 5.63% with nationwide . We have £81,000 left on our mortgage. We are wanting to move house this year and hope to get our house on the market in Spring after doing…
-
Do Ombudsmen ever overule Adjudicators?
Hi, my parents were misold an endowment in the 90s, they didn't receive any letter from B'clys warning them of a shortfall, B'clys say they sent it but they regularly get their post misdelivered to their neighbours+vice versa +have done for years. An adjudicator has ruled that the letter prob was delivered+now it's gone to…
-
Remortgaging soon, advice welcomed
Hi We have around 48K left on our mortgage, the house having a value of around £230K We are coming to the end of a 2 year fixed term mortgage (3.99%)with the Britannia in 6 months and the early redemption fees would be around £450. The mortgage currently is due to end in Aug 2015 and we are paying £1009 pcm (repayment) We…
-
Writing off mortgage debt?
Hi I'm a newbie here so apologies for any errors! Does anyone know if it is possible to get part of buy to let mortgage written off? I have a buy to let mortgage with Northern Rock. The property value is now 30k below mortgage, and costs are almost twice the rental income! Is there any legitimate way to get part of the…
-
Northern Rock Together - Overpayments
All I'm on a Northern Rock Together Mortgage with about 18 months of fixed term left. I'd like to start making some overpayments but need some advice on whether I should over pay on the mortgage or loan element. Thanks in advance!
-
want a mortgage but only have a part time job?
Hey, Well i'm 24 and will be homeless when parents sell up (expected within 2 months), yeah I know being 24 I should have moved out anyways. Right, I have always said never to rent (hence why I haven't moved out), so would any lenders give me a mortgage when I earn £500 on my contracted hours a month which would be £6k…
-
MSE News: Nationwide: slight dip in house prices
This is the discussion thread for the following MSE News Story: "Prices edged 0.1% lower during January ..." Read the full story: Nationwide: slight dip in house prices A similar thread has already been started on the 'debate house prices' board but is not viewable to all users.
