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Mortgage - What to do next?!
Hi, Hope someone can advise on this! As a first time buyer, I signed up to a 2 year tracker mortgage back in May last year with an interest rate of 4.19% (4.69% inc. base rate). After the tracker finishes (June 2012), the mortgage switches to a variable rate of 4.00%. The monthly payments we have currently are at our…
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Borrowing less than originally agreed - new rates?
If a mortgage is agreed for x amount and then the total amount to be borrowed is reduced, say because of a new price agreed after valuation, do the rates still apply from the original date of application?
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Please Help!
My current mortgage deal will end in a years time (previously had a 3. something fixed for two year deal). In the last month I have had a CCJ for an old credit card debt. Will the bank offer me a new deal? Also. I have a mortgage for 115K. The property is worth 150K. So plenty of equity in the property (35K). We have a…
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MSE News: Base rate held at 0.5% again
This is the discussion thread for the following MSE News Story: "The Bank of England today announced it is holding the base rate at its 0.5% historic low for the 27th consecutive month ..." Read the full story: Base rate held at 0.5% again
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Unusual Mortgage Query??
Question Answered
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MSE News: Lenders slash mortgage rates
This is the discussion thread for the following MSE News Story: "A flurry of lenders have slashed interest on their fixed rate mortgages including Halifax, Nationwide and Lloyds TSB ..." Read the full story: Lenders slash mortgage rates
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Mortgage Advise!
Hello, I am coming to the end of a 2 year fixed deal and looking at my options. I have approx £100k left on mortgage against house valued at maybe £150k. Anybody any ideas of good rates out there? Fixed or tracker? thanks!:money:
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Idiots guide to mortgages
Could somebody recommend a good idiots guide-type book on mortgages? Preferably an e-book. The only e-books I can find on Amazon seem to relate to US law.!
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Mortgage payment's query
Hi All, I have bought my first house and will be completing on the 17th June, the mortgage is with HSBC, i am not sure when my first payment will be due for the mortgage, will it be in July or August? I have asked for it to be paid on the 1st of each month, the mortgage center gave me a letter stating i will receive…
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40 % LTV Mortgage on hold - Debts still not showing as paid on CR's
Good evening to everyone, I'm still new to these forums so I apologise in advance if this thread is in the incorrect section. I'm after some advice regarding a Mortgage application my wife & I have made. We have found a house, made an offer which has been accepted and have no chain. We were advised by our IFA that a…
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Better apply via Mortgage Advisor or directly to the bank?
Hello all, I called Barclays bank directly to check what our chances were to get a mortgage from them. My particular question was that we are here on Tier 1 visa and whether Barclays would be willing to lend to smb who doesn't have a UK passport. The guy from the bank took some details from us and said he would talk to the…
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remortgage retention
I have obtained a remortgage and the valuation report has come back stating " the property has suffered from differential movement with dropping down to the right hand side of the gable wall. There is some cracking in the party wall and to the front of the property which may well be longstanding, however I feel it prudent…
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Any issues with paying off part of a BTL mortgage?
Hi all Not sure if this is the right place but a quick question. I currently have a btl mortgage which is starting to cost me money with tax etc. I have a few pence in the bank which would reduce the mortgage I pay and bring it back to break even/profit. If I do throw money at the mortgage, will I be losing on the tax…
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Guarantor Mortgage advice please
Hi Quick facts: Inherited half my late mothers house (currently living there) but need to buy my brother out. Need £80k for £160k house. Self employed and been accounting with tax in mind rather than mortgage! Can prove contracts for over £24k this year but last 2 years not so good (fairly new business), with letter of…
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Please Help! Mortgage Lenders that take Tax Credits into account as income
Hi there, Im a newbee! Have just been turned down by First Direct (who are my existing mortgage lender) for additional funds for a loft conversion. We have enough money coming in to pay back the additional 48k required, but FD won't take our £800 per month tax credits into account when looking at our incomings. I…
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structural engineers report
After finally getting accepted by mortgage lender and having valuation done, the report has come back stating evidence of cracking in the party wall and front elevation which may well be longstanding however we think it prudent to get a structural report so it can be checked. I have had 4 previous surveys on this property…
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advice on options please
well OH decided to tell me that he no longer thinks he loves me anymore after 17 years together. :( He hasn't made a decision yet on what he wants to do - stay or go - although I think I know which one he wants. I'm now in self preservation mode while waiting in limbo and am thinking all my options through with regards to…
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Options at end of current Northern Rock Mortgage deal.......
My current 2 year 'deal' with Northern Rock @ 4.69% is due to end 31.8.11. I have been looking at some of the rates currently available and called Northern Rock to find out about their remortgage rates, the following ones were of interest to us based on the following approximations (based 6 months before the end of my…
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Help! Deposit issues...
Currently own and looking to buy a new build. I have to move quickly when the plot becomes available as there's some interest in it but I have to put down a 10% deposit within 28 days and my deposit is tied up in the current property. Can I get a temp bank loan until mine is sold and dosh is released? Got valuers coming…
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Exit out of Mortgage Application
Dear all, I wanted to switch my mortgage from First direct to Natwest fixed rate. The application is accepted and now awaiting the day (1st july) when Natwest will carry out the transfer of the balance. Question is : can i now say to natwest that i donot want to proceed further as i have found a better rate. What are my…
