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searches on credit report
I have been turned down by 2 prime lenders due to a £9k default in 2006 I am paying back at £50 per month. I have now had a decision in principle from Kensington (just been reading other posts on here about them). They know about the default and seem ok but are doing further checking, they also know I have been refused by…
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Clueless if I am on a good deal or not?
I am on a Repayment mortgage with NRAM which is at 2.99% and tracks 2.49% for the life of the mortgage. I am clueless is this a good deal? Also I am about to go on an IVA and my IP suggested that I may be able to go on an interest only deal for the 5-6 years of the IVA. Not sure if this is a good idea or not. Any advice…
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Northern Rock Together Mortgage - Advice
Please bear with me, as I am trying my best to explain our current situtation as simply as possible! Current market Value of house £ 95k on market for £94k - hardly any viewings owe ( £112k) £95k mortgage £11k secured loan. My Grandparents have suggested they help us out as we are expecting baby no2 in a house that wasnt…
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Lifetime trackers
Hi people, will be moving house shortly so been looking at mortgages, currently have an ING flexible mortgage 0.9% above BOE:j, but unfortunately it isnt portable:mad::mad::mad:. My LTV for the new house is only 42-43% so pretty low and looking at the trackers because of the ability to overpay, lump sums etc, but am open…
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What type of Morgage should I get ?
Slightly complicated Question but here go's my goal is to pay the least amount of cost over a 3 year period I currently have a Mortgage free house in scotland worth Approx £450k I also Purchased a flat in Edinburgh in my Daughters name with a first charge on the land registry to me the flat cost £250k and I have spent…
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Is it worth paying early redemption fees to get better rate?
Hi - I'm wondering whether it would be worthwhile paying the penalty for early redemption on existing mortgage to get a lower rate - I have a 5 year fix with Nationwide at 5.83% (locked in just before interest rates dropped in 2008!) - the penalty for early redemption is around £3000 but I'm not sure if I could recover…
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Fixed coming to an end what do I choose now?
Hi Folks Our 5 year fixed mortgage is coming to an end next month and we ar at a loss to know which type of mortgage to choose. My husband and I are on a tight budget but felt in the last two years that we were paying over the odds with our fixed rate. We are currently with Nationwide and are unsure if they are a good…
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Lost endowment policy certs
Hi, Wonder if any one can help. I have 3 endowment policies (2 with GRE and 1 with L&G)... There are due to mature in 2013, but after searching now for 2 months I cannot find the original documents having moved several times since taking them out. They are not linked to a mortgage so are just acting as savings policies for…
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Just received credit report, am I going to be turned down
Hello, I have recently applied for a mortgage and we are awaiting to see if we have it or not. However I have just received by credit report from Equifax (Awaiting Experians). I bought the extra Credit report as well to receive my Credit Score. I got a score of 437 which apparently is good and I am above the average for UK…
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Hows this offer look
Been shopping around and bee noffered these 2 mortgages, what are they like given current climate: 2 year fixed @ 4.17% 80% max LTV then variable of 2.99% above base. 999 fee 2 year variable currently 3.38% @ 2.88% above base. 80% max LTV, 999 fee Am looking to remortgage current home to free up some capital for…
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fingers crossed
fingers crossed been accepted with kensington for joined buy to let, decision in principle accepted, referred to underwriters cos FA stated on applicated that we had previously been declined . So Kensington just wanted to know why, told them due to main prime lender not accepting default, so fingers crossed it will be ok!
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Unfair overcharging by mortgage company now repossessing
My mortgage company has over charged me by charging an extra month at the higher rate when my interest rate dropped at the end of the fixed period, this has caused my arrears to go over their threshold and they have started possession proceedings. This is despite verbal discussions about a payment arrangement and me taking…
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Self employed mortgage – what do I need
I started my latest business just under 2-years ago, and during that startup period I have not been able to take much of a wage personally. The business is now reasonably well established (and stable) and I am starting to see the fruits of labour - I have started to take a wage of around £40k to £50k. I want to try and get…
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Getting a mortgage for a house for my parents
My parents own their house outright (value around £100k). They wish to retire closer to me but property prices where I live are slightly more expensive. They would need a house of equivalent size as my younger sister would be moving with them and such a propery nearer to me would be around £130k. Taking into account moving…
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Removing name from mortgage
Hello, My name is currently on a joint mortgage and I am looking to move with new partner. There is only 13 years to run on old mortgage, and as a result it is approx half paid and was not a large sum in todays terms anyway. Ex wife currently paying me for the mortgage each month as all comes out of my account Can anyone…
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MSE News: House asking prices rise to unrealistic levels
This is the discussion thread for the following MSE News Story: "House asking prices have risen to their highest level for nearly three years, with some owners demanding sky-high sums ..." Read the full story: House asking prices rise to unrealistic levels
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friends provident endowment
hi all i was wondering if anyone could give me any advice.. i took out an endowment policy with friends provident when i bought a house in 1993, i sold the house in 2001 and decided to cash in the endowment, i recieved a much reduced sum if i recall. Am i still liable to claim for compensation? i was aware at the time that…
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Bad Credit ,But need to get a mortgage HELP
Good Morning, I`ll Try to keep this short, so here goes: I am married with 3 kids and self-employed,I had a nice house £300K but interest only mortgage ! ( bad advice 2007) i had 2 companys go down on me and never paid, this threw me into a downward spiral which ended up with me having a bad credit rating ! we managed to…
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Advice Needed Please- What makes more sense?
we have been looking to buy our second property and this has taken nearly 6 months plus..we now seem to like something but wanted to get some advice from seniors and more experienced. The new property we like is for 320000 . I already have a another property which we bought for 240000 appx 5 years back, the balance on that…
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How much mortgage do you have??
Hi not meaning to be noisy but my hubby and me are lookin at moving (actually think its wishful thinking :( ) but anyway.......... my hubby and and I earn £55k a year between us, our current mortgage is £67k but I have got this urge to move and the house we would be looking at would mean getting a mortgage of £117k In the…
