-
Mortgage Question
Hi My Fixed rate is coming to an end at the end of the month, I have looked (and had ifa's look round)around and the best deals i can get are with my current lender 'hsbc'. I have been offered the fee free tracker at 3.99% (which tracks boe plus 3.49%), I can over pay and exit this at anytime, without charge. However, if i…
-
mortgage dilema
hi husband being made redundant sept when our current fixed rate mortgage deal ends the current deal we have has offset function which we have not used dont know whether to put majority of redundanct in here or pay off some of mortgage not feeling confident about whether we could secure a new mortgage deal on my wages £11k…
-
Getting a 12k mortage?
look for some general advice - on where to find a company specialising in mortgages for studio flats and size of the mortgage itself.Especially for a first time buyer, *** its a studio flat am interested in buying...
-
First Time Buyer - Legal Fees
Wrong thread. Posted here instead: https://forums.moneysavingexpert.com/discussion/comment/44461904#Comment_44461904
-
Brothers 'new' house purchase/mortgage
Posting on behalf of my brother (who currently rents @£875pcm): Purchase price £205k Deposit £52k (with help from big brother) Saved for fees £3k Been to see 4 brokers/EA in house mortgage brokers and now totally confused. Best I could find was 2.89% fixed for 2 yrs, then SVR of 4.24% with Santander. 10% overpayments…
-
Is this a good deal?
I've been offered an initial rate of 2.25% above base rate for 5 years after which goes onto their standard rate. £99 setup fee and no early repayment charges. Am putting down a 25% deposit. That's on the condition I switch my current account to them too. I appreciate there are risks if the base rate goes up but based on…
-
Mortgage..bad credit rating etc
Hiya We have had a mortgage for 15yrs now, and in the last few years we have had it go to court a couple of times and had to make a payment arrangement etc We are with GE money at the moment and in March the added the arrears on to the the mortgage so we are now completely up to date. We have also had a couple of CCJs over…
-
Refused endowment policy......MS
Hi everyone,I hope I have posted on the right board:D. A friend of mine applied for a Scottish Friendly money builder and an endowment policy.One was to run for 10yrs the other 15yrs.They have sent a letter refusing her because she has MS.Does anyone know of any other companies who might provide similar policies.:) thanks.
-
Is there a hybrid between BTL and FTB?
Hi All, Basically I am inheriting around £130,000 and am looking to get on the property market. I live in London and want to buy a house around Clapham Junction which will be between £300,000-£350,000. I want to buy a 4 bed place and rent out three of the rooms . Looking at mortgage comparison sites I can get a BTL…
-
invest in property or pay lump off mortgage?
hi there can anybody give advise on wether i should pay a lump off my mortgage or invest in buy to let we have a mortgage of £335000 with an interest rate of 2% above base for 25 years with no charges for over payments i have a lump sum of £60000 i am thinking of investing in a buy to let for around £80000 and would expect…
-
loan or mortgage
i want to borrow £25000 and am not sure whether to have a loan or remortgage, i will overpay from the start not sure by how much but will definately try to pay extra each month. but i would like to keep the payments as low as possible to start with, then incrrease them over a period of time. can anyone advise what that…
-
Fixed vs Variable??
I have been offered a fixed rate of 4.24% for 3 years with no fee or 2.95% variable for 2 years with no fee. Can someone explain which is the better and why? I know the variable will change if the interest rate increases which it probably will but will the lower percentage outweigh the extra costs by the end of the 2…
-
Is buy to let for a live in lanlord possible?
Hi Is it possible to get a buy to let mortgage to live in the house and rent out the spare bedrooms? Any advice is appreciated Thanks
-
Problems with Buy to let Mortgage. Help
My son has just got a new job in another part of the country. He has lived at his present home 5 years. The family got together to provide him with funding him to but down a deposit on an 85% mortgage. He now wishes let this property to help fund renting in the area in which his new job is. The prices there are far higher…
-
Mortgage Application and change of employer
Hoping someone can advise me. We're first time buyers looking to buy somewhere pretty soon - our timescale is dictated by the sale of another property (not ours) which will be funding the deposit, which makes things a little uncertain. The mortgage will be in joint names, but I'm the main earner. I've been with my current…
-
Mortgage port application- credit card limit query
Hi all, I am hopefully going to take over my flatmates share of the mortgage in the next 2 months. I have a current credit card limit (between 3 cards) of £4750. I am going to clear the outstanding balance (approx £4000) in the next 2 weeks. My query is will having such a large amount of available credit have an effect on…
-
Mortgage without actually owning the house
hello I'm hoping someone can help with some advise, we are moving out of our home and moving in with my mother in law. When we sell our house we will clear our santander mortgage of 143,000 and hopefully have about 6k left over. We need to extend my MIL's house to accommodate us all, it would be far cheaper for us to take…
-
2 mortgage applications at same time?
Hi All, I need a mortgage at short notice for a property i have seen in auction. I have spoken to my own bank and another. As time is tight, is there any risk of doing 2 applications at same time, reason is one bank has a better fixed rate at 4.09, while the other bank has a no set up fees tracker at 2.99% (that can be…
-
Release of Standard Security - fees
Hi hoping for some help with this as i cannot find a thread that answers my query I live in Scotland and recently paid off my mortgage with the Halifax. I have had my title deeds returned to me with a letter to say, "The standard security with the Land Registry of Scotland, which you signed over your property to secure the…
-
Buy to let with 1 years accounts
Hi everyone, I have a question and would be grateful for some advice. Does anyone know of a lender who would offer a buy-to-let mortgage to someone with just 1 years accounts. We have 30% equity and are looking to change from our current retail mortgage to a buy-to-let so we can move home. We have good credit history and 5…
