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Maney Laundering
Edit: just realised the typo in the thread title.. I have just had a DIP (decision in principle) accepted. After being refused a joint mortgage with my girlfriend due to my bad credit history we were advised to apply again but take me off the app. Our deposit is from some inheritance I have received but according to the…
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Mortgage help please?
Hiya I am thinking about getting a house worth £85000. I have a deposit of £8500. I am getting confused about the monthly repayments because of the interest. What is the average amount of interest you pay back? Or do you choose the amount of interest you pay back? Could someone help please?
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Endowment Compensation Rejected By Ombudsman
I made a claim to Friends Provident that my endowment policy had been mis-sold but my claim was sent after a 'deadline from claims' date they had apparently stipulated in just one letter which I never received (or I may have received but did not appreciate the significance of at the time and binned - in truth I have no…
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Trouble finding a good mortgage with minimal deposit
First time poster so please go easy on me, hopefully this is the right section for this thread! A bit of background, if it helps. Myself and my wife moved into our first home together 9 years or so back. We have since remortgaged twice to improve the house. We currently have approx £20k equity in the property and a…
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NRAM Mortgage advice
hello all, this may have been asked many times previous as it is quite a topic for discussion but I would like to get your thoughts and advice on my own personal situation. We (my wife and I) took out the dreaded "Together" mortgage with what was Northern Rock. Since the bailout and split of the company our product now…
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How do i trust the Finance Advisor-mortgage deal to good!
Hi I was given a contact from moneysupermarket.com for a financial advisor to contact me about buy to let mortgages. He is really helpful however now wants me to commit to the product by paying him £550 which apparantly covers the booking fee, solicitors, free valuation, surveyor fees etc, there is nothing else to add for…
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Chelsea and YBS
I have a Chelsea repayment mortgage on the SVR, which is currently much higher than the market average at 5.79%. I have an examplary payment history, but as the house was purchased in 2007, the LTV is probably higher now, despite being repayment, than it ever has been since the depreciation in price will be more than the…
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Best 85% Mortgages for Remortgage
Ive just had a quick look over moneysupermarket at mortgages. Just wanted to see if theres anything out there similar to what Ive found that maybe I should consider. We have a combined income of £100k Current Mortgage 210k House Value 250k (zoopla says 259k, but I doubt we would be valued more than 250) Current Mortgage…
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mortgage dmp and worried.
I was wondering if anyone had information regarding trying to re-mortgage with a DMP? I am about to enter into a DMP but my fixed deal with Santander with run out in 2 years. I understand that my credit rating will be dreadful but can Santander cancel my mortgage? What is the likelyhood that i would get another fixed deal…
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Fixed or Tracker?
My Fixed Mortage is coming to end in June. I have roughly 170000 left on the mortage. I dont have the option of changing Mortage Lender as I am not in the country at the moment so it would be diffcult to manage. I have been quoted the following options from my current Mortage Lender: 5 Year Tracker bank of England +…
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Mortgage for 59 year old couple.
Hi all, My parents both aged 59yrs are selling their business which include a first floor flat with an outstanding mortgage of £80k through Natwest. They like to transfer the mortgage into buying a house near me. They are looking at proporties around £100k. My questions are:- 1. Is it possible to transfer the balance of…
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New teacher requiring a mortgage
Hi, any help would be appreciated! I am a student teacher but want to get a mortgage before I start my job this summer. I have a permanent contract starting in September but I will not have a constant income until then. I have been offered a deal by halifax that can start 3 months before my job starts but it has a very…
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Confused by morgage advisor
Hi I have a 5 year £109k fixed rate morgage of 5.9% with HSBC which ends next March. I have recently inherited some money and could reduce my my morgage. I thought it would be a good idea to switch to tracker (currently 2.7% with no sign up fees) and pay the early repayment charge of £900. I could make up the cost of the…
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LTV as surveyed or LTV as purchased?
Question regarding mortgage LTV... I am looking to purchase a property valued/surveyed at £200k but purchasing it below market value for £170k Could I use this 30k difference as the deposit for a LTV mortgage without putting in my own savings? Or will I still have to find the deposit based on the £170k? If this is the case…
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First Time Remortgage Advice? (with a little rant)
I'm coming up to the end of the fixed term on my first ever mortgage with Santander and need some advice/pointers. I took out a 35yr repayment mortgage fixed for the first 2 years to get me on the ladder basically and I have been paying £470 a month, it will now drop to £386 a month which seemed great at first but it is on…
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Only have 5 weeks to complete remortgage to avoid erc.Help!!
Need to complete a remortgage within 5 weeks to avoid paying a very hefty early repayment charge.:( Basically need this new mortgage in my name only ,whereas current one is in joint names- split with husband last year.Can't borrow enough to take on current one with the lenders so have to get a quick remortgage .Who can i…
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Changing the title Deeds of my property
Hi I have a house which I no longer live in. (I'm looking to let the property) I would however like to put both my sons on the title deeds to protect their interest in the property should I die. (I have made a will) What are the long term implicatins of this, pros and cons if I eventually decide to sell the property when I…
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lost deed of assigment
In order to cash in an endowment policy I have been asked to produce the original Deed of Assignment. I have been unable to find this and to be honest I can't remember ever seeing it. My original building society has given me a letter of 'reassigment' but AVIVA want the original 'Deed'. Can I get a copy/replacement or is…
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House deposit & Funds
Hi folks We have took our savings and put them all into oury current account. We are in process of buying a house. We bank with Lloyds and do it online. Questions is would it be ok to just deposit £13k into an eSavings accounts with Lloyds, would there be any penalties for taking out in the next month or so, or anyone with…
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Can I get a mortgage to buy half a house?
Hi everyone I need a bit of advice, my boyfriend's parents own a house which isn't their main residence. We'd like to buy half of the house, am I likely to be able to get a mortgage lender to provide us a mortgage when it's only for half and not the whole house?
