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Need some help please
Hi all My fixed mortgage is up at the end of November and I want to try and secure a rate with a lender now as I know that fixed rates are likely to go up in the future. By the time Nov comes I will owe about 92000 with 13 yrs 3 mths remaining and over 50% equity. Does anyone know of any really good deals I can secure now?…
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Working out our options;
OH has a house, value around £150k, paid for. I have a house, value around £220k, paid for. We will be living together in my house, his eldest son lives in his and pays the bills and a reduced 'rental'. OH earns around £30k a year, I earn around £5k. We would like to buy ourselves a holiday property in France. We could put…
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Will Bank of Ireland let us rent out house?
We are on the BOI 2.99% rate. We are looking at moving areas and would be renting this house out whilst renting another ourselves. Does anyone know if the BOI will let us do this ?? Do they charge - oh probably a million questions but shall stop there for now! Never done this type of thing before so any info would be…
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Advice please - Transfering mortgage with Chelsea Building Society
Hi, Sorry if this is long, newbie!! Couple of things, first is probably just a rant, but we're also after a bit of advice. Ok, we've just sold our house, our current mortgage is with The Chelsea Building Society, they used to be quite a good set up, advisors at central office were always available to help with new…
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Can anyone find a better deal?
we are currently looking into remortgaging. We took out a fixed deal in July 2007 for 5 years so have got some time left on this one but we are prepared to pay to get out of it (currently £993) We hadn't really thought about it until now that we are paying way over the odds for our mortgage, as we can afford the repayments…
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Keeping Mortgage in between houses
Hi all, I'm after a little bit of advice about my mortgage. Apologies in advance for the long post... I currently live in Scotland, but I'm having to relocate to England for work. I'll need to sell my house, and will probably buy another down south, rather than renting. The problem I have is that I'm still in the first…
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Are we crazy
Until a month ago I thought we were doing ok. A friend had a great remortgage deal. I thought it would be a good idea to look at what was out there. Due to a lot of illness we have used our credit cards and they have now reached 69k! (yes I know but it seems to have happened over the last 8 years and I mental illness and…
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mortgage advice Natwest
Just after a bit advice for people who have got mortgages through Natwest. We had our AIP last week sent our supporting documents over on Saturday and today my partner received three text messages. 1 to say our application was received and a decision would be given shortly. then 4 hours later a message saying our mortgage…
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serious breach of the data protection act_Bank of ireland
I have just opened a letter from a mortage provider (bank of ireland) which was meant for someone else in ireland. The letter details information such as their names and address and account number. Ok with the amount of information you can't really do much, but the letter is important as it's about how the person have…
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Is owning a house a possibility
I am 36 years old, my partner is 29, we have 2 young children and live in a housing association home. We believe our house to be worth no more than 160,000 and we would get 35,000 discount. Our thinking is that if we clear our debts within 2 years and at that point my son from our previous marriage will have left college…
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Questions about additional borrowing.
A few possibly daft questions about some additional mortgage borrowing I want to make for a new home. I have an existing mortgage of £130k and I am looking to move house to one that costs £80k more. I want to port my rate for the existing borrowing, which is with Nationwide and my question is do I have to get this…
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mortgage advice
evening all, was after a bit of advice? i took out a fixed rate mortgage 3 years ago (santander) which has now ended and am on the standard rate, currently owing £85,000 when took the mortgage was on £25k a year and 55% LTV had no problem getting the morgage, now work has since reduced hours to part-time, so on £16k a…
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Rejection Risk?
What reasons do lenders/bank reject mortgage applicants? We’re starting to look at mortgage rates for our expiring deal in September – we have an apmnt on Sat with the bank. She mentioned she’d do a credit ref check beforehand incase there was any reason she wouldn’t be able to help. Made me nervous we’d be rejected.....…
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Bad Credit - Good Salary
I need some advice if possible. My partner and I both have a bad credit history I got into debt in my early twenties as did he. He is a discharged bankrupt and I still have CCJs on my credit file. My mother has given us £30'000 towards a house but it looks as if the chances of us ever getting a mortage are slim. Combined…
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Best New Mortgage to Overpay!
We are considering moving home, with about a 60-75% deposit depending on how much we wish to spend. We are currently mortgage free through overpaying, and would wish to take out a mortgage that I can freely overpay with no penalties. On our previous £60k 5 year fix we got hit with ERC for settling earlier. I do not feel…
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Interest only offset mortgage
Hi folks, I'm looking at taking out one of First Direct's offset mortages, which are interest only mortgages. I had a chat with them last night, and they told me that because I have no repayment vehicle for the capital (such as an endowment policy for example), they would want to set it up as a capital repayment mortgage.…
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Desperate Plea for ideas please?
Hi Everyone, Right long story ahead. I bout a shared ownership 1 bedroom flat in 2007 and have since had a baby. He is now 2 and I'm desperate to get out of the flat as we're running out of space. My mortgage is a portable interest only mortgage so i have no equity. Obviously, i've tried selling but haven't been able to…
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MSE News: Mortgage lenders fail to pass on base rate cuts
This is the discussion thread for the following MSE News Story: "A Which? survey shows that 95% of lenders failed to fully pass on cuts in base rate to consumers ..." Read the full story: Mortgage lenders fail to pass on base rate cuts
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Santander mortgage - help and advise needed pls
Hi - need some advice/feedback. I have posted on here about having a large ECR 0f 7k on a Sanatander fix of 5.79 taken out three years ago. Current property worth 310k. This deal is due to finish March 2013. I type this against a backdrop of yet more economic data saying interest rates just have to remain low for 12 months…
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Life time mortgages
Hi I am really hoping someone can help me out as I am really worried for my parents. They had a mortgage with an endowment but of course it didn't pay all the mortgage so they took out a interest only mortgage and then my mum has received a letter from the Coventry to say that it is due to be paid and that she has to pay…
