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MSE News: Nationwide: Slight rise in house prices in May
This is the discussion thread for the following MSE News Story: "House prices edged ahead by 0.3% during May as the property market continued to trade sideways, figures show today ..." Read the full story: Nationwide: Slight rise in house prices in May This thread is not in the 'discuss house prices and economy board' as…
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Advice on splitting ownership.
I am seeking advice as to the best and most cost effective way to ensure that my partner receives 25% of my property upon my death. I have looked at leaving 25% of the property to her in my will and the remaining 75% divided equally between my non-dependant children, but wills can easily be changed. As a sign of commitment…
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Advice needed
Hi, Any advice appreciated, I few months ago myself and my wife applied for a mortgage with Clydesdale/Yorkshire Bank on the 95% option, we were refused due to 3 late payments on my credit file on a current account. I spoke to the credit company and disputed the late payments as they were incorrect and the bank agreed to…
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Getting a valuation for re-mortgage
It does seem like a daft question but here goes. My fixed term at a whopping 6.59% will be ending 3rd October this year. I would like to see if any deals will be better than the SVR on my current mortgage provider which is currently 4%. I have no intention to sell and want to stay for at least 10 years in this house. I…
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Flexible Offset lifetime Trackers VS Standard Lifetime Trackers
Interested in hearing Pros and Cons of both types ... Also are the offset trackers more suitable for people that have heaps of savings (because I don't just £2k in an ISA) Thankyou
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Matured Phoenix Life Endowment Policy
Our Endowment matured on 11/05/11 and have received a letter from Phoenix wanting a letter giving notice of release from Woolwich Building Society before they will send us the cheque. We redeemed our mortgage with The Woolwich in 2004. The Woolwich is now part of Barclays so took their letter into Barclays and they said…
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Should I change current account to get a better mortgage deal in the future?
Hi All! I have banked with Natwest for over ten years, and am thinking about getting back on the property ladder in the next six months. Their mortgage rates are constantly higher than other banks such as Santander, Lloyds TSB and HSBC (based on a 90%LTV). Would I be better off changing banks now in order to get a better…
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Fixed 2 year mortgage ending
Hi, I'm hoping someone here can help make things clearer for me. My fixed 2 year mortgage (5.19% with Natwest) is ending in July. It then reverts to their SVR (currently 4%). Can anyone explain what my options are? If I go for another deal with another lender, do I have to pay deposit etc? If I stay with them and get a…
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Santander remortgage offers - any opinions
Hi My Santander mortage balance is £65,850 on a repayment with 20 years and 3 months left. Property value approx £100K. I need to stay with Santander. Always paid mortgage on time and careful with money but not so good with figures. I am currently on Tracker .99 + base (so 1.49) and pay £312.48 a month, but term ends in…
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Short Term Mortgages/Bridging Loans
My partner and I are selling both our houses and buy a new one together. We have sold one house but not the other and would like some advice on a short term mortgage until the second house is sold. This will allow us the buy the new property that we have found. Any advice on sutiable building societies or banks that cater…
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Set up mortgage in advance
Hello, I'm in a position to buy a second property freeing up the equity on the 1st. My question is, should I set the mortgage up in advance of buying? I am in the early stages of house hunting and aware that offers usually last 3-6 months, which should suffice for me. I have been warned though that if it is set up in…
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Vote in Nationwide AGM 2011
Links to Nationwide will be added to this thread. The AGM isn't yet, but soon. Nationwide is a mutual building society, owned by the members. It is run by bankers who get paid millions and have fat pensions. They no longer listen to you, its (shareholding) owners. If you have more than £100 savings, or mortgage, then…
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Probs a silly question about mortgages....
Hi All, I am looking to recieve around 15k from a parents house sale. I will be looking to buy a house in the next year or 2, but i am confused (doesn't take much) First of all when looking at the different types of mortgages, i've come across the Fixed rate mortgage, I'll just post this one as an example "5 year fixed…
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Can You Find the Best Mortgage Deal by Yourself?
Hi All If you have quite a simple first time buyer situation, do you think it's possible to find the best possible mortgage deal by yourself rather than consulting a broker? Surely the most keenly priced mortgages must be those from companies such as First Direct which keep their costs down and can accessed by borrowers…
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Applying formally for a mortgage - Bank Statements
We are going to see a lender tomorrow to formally apply for our mortgage, we have an AIP already. Would they accept printed bank statements? We bank online and dont get statements through the post. Thanks Melanie
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Fixed Rate Ending Soon
Hello everyone - I am new to this....... my fixed rate of 3 years is coming to an end in the next couple of months and I'm wondering what will happen? If I have to remortgage I know I will not be accepted as the level of mortgage against current market value of property is much too high for any lenders now. Does anyone…
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Bad credit but need a mortgage!!!
Me and my girlfriend are going to see the mortgage advisor on the 3rd June to see how much we can bowwor on our current wage. I have bad credit from a few years ago and im paying it back with small payments every week. She has great credit and we have around £4000 deposit saved up at the moment. Will my bad credit affect…
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Mortgage app once debt is repaid - do we have to wait for credit report to update?
My partner and I hope to apply for a mortgage when our current apartment sells next month. We're waiting until the sale goes through because equity from our current property will pay off our credit cards. Our credit report won't show the repaid debt for at least a month (probably longer knowing one of my cards) so my…
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What to do on a remortgage
We currently have 1900k outstanding over 8 years on a 1.45% repayment paying £230 a month. In addition we have 13000k outstanding over 13 years on a 4.99% repayment paying £110 a month. Looking to remorgage to save but doubt the 1.45% can be improved upon. We are interested to know are we better just changing the 4.99%…
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Tenants
Is it a travesty
