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slow mortgage
Our mortgage application has got real slow with not much progress, my broker says hes ringing everyday and they keep telling him its to be escalated and they will look at it and call him back but they arent. Should I call them myself?
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Switching to Interest Only
My friend who has been with her lender for 20yrs+ is struggling to pay her capital and interest mortgage due to her job situation. She has approached her lender and asked if they would switch her mortgage to interest only until her job is more secure and she sells her house. Her loan is currently approx only 23% LTV but…
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recommendations for BTL mortgage?
i know its terribly unfashionable but i am looking for a recommendation of a good BTL lender. the figures are all comfortable and the margins are good so i hope to be in a good position!
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First time buyer… help required.
I say first time buyer, what I mean is, I’d like to be a first time buyer. After a string of unsuccessful relationships I am resigned to the fact that I will be on my own when buying my first house. My parents are hoping to help with a deposit after they down size this year, let’s say (by some small miracle) that are able…
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Overpay, capital repayment, savings?
Hi all, have just finalised a house purcahse (subject to completion) and already focussed on how to best tackle that damn mortgage. I have opted for a fully flexible tracker (BBR+2.3%, capital + interest, 25 years) with monthly repayments of £1450 and can afford to put £2500 per month to these repayments and further…
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Does renting out flat change mortgage rate?
I have tried and failed to sell my flat :mad: and have decided to rent it out and rent another place nearer my work. What are the implications of doing this re my mortgage? Will my mortgage provider keep me on the current rate or move me to another? I currently pay 2% above base with Nationwide. Thanks in advance.
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Payment holidays question - limit in term changing mortgage provider
I just called my mortgage provider to just check I could take a payment break as some help while I'm on maternity leave. I can take a mortgage break (3months) over my maternity leave I get 6 per term of the mortgage so 6 in 30 years!!! ! I've taken one When a change in job meant a change in payday. But if we changed…
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i have a charge on a debtors house
i want to know is it possible to sell this charge to a bank etc
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Financial Markets which Affect Mortgage Rates
Hi Guys I am interested to know which financial markets affect mortgage rates, i.e. what financial markets can you look at to predict where mortgage interest rates might go. It's a bit of an economics question really ... Many thanks
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Mortgage advice for my retired parents
Hi everyone, I'm pretty new to this site and also don't really know much about mortgages so apologies in advance if I miss out any info! My parents are retired and receive a normal state pension plus pension credit, but no other income. They are really struggling to pay their mortgage, I think they have around £10,000 left…
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Additional borrowing for extension
Hi I'm contemplating a 2 storey house extension and a nearby builder has quoted us £30K. The problem is that with current house prices, we don't have that much as equity (base on houses up for sale on our street) We have around £20K in equity. Using the HSBC mortgage calculator (who we have our lifetime tracker mortgage…
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Mortgage Agreement in Principle without Credit Search??
Hi Guys A learner asks ... My understanding was that you could ask a lender for a Mortgage Agreement in Principle and ask them not to do a credit search. However, a number of people here have told me this is incorrect. So, what is the forum consensus about whether this is possible? If it is not possible, what…
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Mortgage, both self employed.Can anyone help with this?
Thanks for reading
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cashing in endowment problems
2 months ago we filled in forms to cash in our endowment with Pheonix life in Glasgow.They wrote back asking for proof of identity which we sent them. Now 2 months later they are disputing my identity all because my dh put the wrong birthday for me ( 1 day out--weve only been married for 17 years!!) Anyway so they asked…
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Full time surgeon working in NHS struggling to remortgage
I'm wondering if anyone could help. I currently am at the end of my fixed rate mortgaage and am looking to fix again. I've been to London and County who have tried to get me through 2 applications but i've been turned down for both claiming 'lack of affordability'. I'm a little surprised that as a surgeon in the NHS i'm…
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Additional borrowing
Hi, This is probably an obvious question :o but I am absolutely useless with things like this.... I bought my first house approx 18months ago and have been letting a room out to a friend -all bills etc...are split 50/50. Im hoping to increase my mortgage today (longshot, I know) by about 12k if possible. Anyway, my…
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Do I fix, ride it out on variable, or offset??
Do I fix, ride it out on variable, or offset?? Firstly many thanks for taking the time to read this epic but I have broken it down to make it easier to understand. Any advice is always very grateful. Here is where I am currently: My Woolwich 5yr fixed rate is due to end in July – what shall I do? Mortgage 1 £70000 -…
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Santander 'extra income' what does it mean?
Hi I am looking to buy a place and looking at how much I can borrow. I have used the mortgage calculator from Santander and along with asking how much I earn, it also asks if I get any extra income each year. Does anyone know whether this would be extra income from working only, i.e. bonuses, second jobs etc or would it…
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Fixed Mortgage x5 Salary ?
Hi, I'm wanting to re mortgage using a fixed rate deal, probably for 5 years. My problem is finding one that will offer the deal on x5 my annual salary. Can anyone enlighten me towards companies that possibly would offer this kind of deal. Thanks.
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Halifax base rate
Ok this is my first post here. I am a Halifax customer and bury my head in the sand about my mortgage. As long as there is money to pay it and its not too expensive then I am happy. However with all these recent errors on the part of banks I thought I would check out my paperwork and I am not sure whether they have been…
