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Right To Buy Mortgage With Guarantor
i, I would be grateful if you could advise what options there are on the following situation. My 50 year old uncle, who is unmarried with no children, would like to purchase his council house that he has rented for over 20 years. He has never owned a house before. He qualifies for the full discount of 70% under the Right…
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Remortgage with money on 0% credit card
Hoping some of you can help me. I come off my 5.29% fixed rate at the end of June and it reverts to 4% SVR. I've been lucky enough to have my property revalued upwards since I bought in 2009 and am literally just squeezing into the 75% LTV (based on existing lender valuation - Natwest). I really don't want to go elsewhere…
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looking for a mortgage endowment?
hi there, i am looking for an endowment for my mortgage loan. i know these are very risky these days which means i am having trouble finding anyone who offers them. a bit of background: we took out our mortgage in 2004 - house price was £62,500 - mortgage given £77,000!!! - (thanks to northern rock's wonderful 125%…
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Halifax Mortgage Rate as a customer??
Hi, I am currently looking at getting a mortgage (first time buyer) I bank with the halifax and have a Reward Current with them. The mortgage rate I have been offered is 3.79% fixed for 2 years although I have been told if I upgrade to an Ultimate Reward current account I can get the rate at 3.59% On the Halifax website…
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Part Buy Part Rent Mortgage - flat not built yey
Hi, I am just about to begin application for a part buy part rent scheme mortgage. My property is not yet finished being bulit and may not be until Nov this year. Can the mortgage company make me start paying it back even though the property is not yet built? How does this tie into a scheme that's supposed to help those…
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How bad are late payments?!
Firstly many thanks for all the info on this board that has saved me a lot of time and money! My situation is that I am looking to apply for a FTB mortgage in the next 9 months. I have no ccjs, no arrears, bankruptcy etc etc. I earn £39000 and have no outstanding credit. However what I do have is a total of 2 late payments…
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Buy to let advice
I have a buy-to-let mortgage of £90k on a SVR of BoE base rate (0.5%) + 3% = 3.5% currently. I know the base rate will rise soon increasing my repayments. However the range of buy-to-let products are few, high rates and high fees. I know more and more lenders will likely re-enter the buy-to-let market over the coming…
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Best lifetime tracker rates for a remortgage
Hi all, I am currently looking to do a remortgage and have searched and searched and the best I have come up with is BoE base rate +1.89% with £99 product fee and no early repayment charges (LTV = 60%) Wondering if anyone out there is aware of any deals similar or better to this one. No early repayment charges a must to be…
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experian - credit rating footprint?
hi all, just wondering if anyone has any experience of experian - we are looking at different mortgages and would like to get an idea of our credit rating etc without going down the AIP route yet. Will experian leave much of a mark on our credit rating? Will it give us anything to worry about when we do apply for a…
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Solicitor doing my head in
I've dealt with Solicitors before, but honestly the solicitor i've ended up with on this property sale is really doing my head in. I understand she has a duty to report any suspicious activities, money laundering, etc .. but mine is so damn paranoid about me that it's all she ever talks about. She is young and new, so i…
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10% mortgages for FTB
Me and my partner have found a property we love and have had an offer for £173,000 accepted. We have enough for a 10% mortgage. Our joint income is £53k a year. My partner 7 years ago had a bad credit rating but has now sorted all that out and has been spot on for the last 5 years. Is this likely to show up? Also my…
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Porting 2 mortgages to one property??
I have 2 residential mortgages, both on fixed rate, one I have permission to let it out. Would it be possible if I sold both my home and the flat I rent out to port both mortgages to the purchase of one property, therefore both would run side by side against my home. I wouldn't need any extra borrowing.
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Working Out Redemption Figure
I got my outstanding balance from Ulster Bank 2 weeks ago and it was £102k which is what I have been doing my calculations on. I now have my formal redemption figure from Solicitor which is £102,800. I phoned the Bank to find out where the £800 had come from and they advised it was to do with when the interest is added on…
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Mortgage Query - Difficult Situation?
Hi, I am due to get married later this year and would like to purchase a house with my partner. However, I already have a flat which I live in and it is tied into a fixed rate mortage with 3 years remaining. We dont want to live in the flat as its too small and hence would like to rent it out, but would our new mortgage be…
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Removing Ex's Name from Mortgage
Hi, Hope someone can offer some advice on this. I purchased a house with my ex but we split up 2 n half years ago. At the time of seperation the house was sitting at a loss and currently still is. However since the split, i only had contact with him for a short while before he moved away, now i cant contact him, have no…
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Mortgage, Redundancy and Divorce
I have a very complicated situation where I am currently going through a divorce and have just been told that I am to be made redundant in May. The redundancy money clears all debts and gives me a breathing space to meet my day to day bills for at least the next 9 months. I also have redundancy protection insurance which…
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Halifax home mover mortgages
Hi, Does anyone know if the Halifax are currently offering 95% mortgages to existing customers moving home? I read earlier that the Nationwide are so now wondering if the Halifax do the same. Cheers in advance.
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getting a mortgage
Hi all What tye of mortgage should I be looking for if I want to get capital out of my house? Currently I dont owe anything of the house, but want to take £70k out of it on an interest only option Thanks
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Selling Endowment
Hi, I have an Aviva Life Assured Endowment policy (originally GA), The surrender value is just over £28k. I know probably it's best to keep it as all the bonuses are at the end but I've got some debts that this would get rid of:), I've heard that you can sell these and get a % more for them but I am not sure on the best…
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changing to interest only-problems
due to debt problems and lower income we have problem with paying our mortgage. We want to change it to interest only which could help a lot but bank doesn't want to let us. They keep saying we can not afford one. But surly we can as it will be less then half of what we should pay now. Things don't look well as we already…
