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Help with renting
Hi there We are thinking about renting our property out for maybe a year as we have run out of room and we can not sell it due to the market conditions. This means we will have to rent elsewhere as we can not afford to buy another property until the one we are in is sold. My question is we have an interest only mortgage…
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Made redundant, now self employed - mortgage next year?
Hi All, a couple of months ago i was mae redundant as the company i started working for in january was put into recievership, after a couple of months lookng for jobs i have decided that i will be going down the self employed route. This is going well, i am a nutritionist and strength & conditioning coach. Currently i am…
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Can Anyone Think of a Reason Why I Shouldnt Remortgage?
Ive owned my first propertly for just under 5 years, which has been totally renovated which I moved into in January. House is worth roughly 45-50% more than what currently owe on it. I have no loans, credit cards etc... except I owe my parents money for help (my dad done the majority of the work on the house brilliantly!)…
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Issues with Lloyds TSB Scotland remortgage taking ages
Hi all, Im currently remortgaging with Lloyds TSB Scotland and having problems with the amount of time its taking. I am with them currently, but have done a load of work to the house and remortgaging with a better LTV. They have all the info and the value has been agreed and house surveyed etc. The problem is it then goes…
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paying mortgage off
Is it worth cashing in my endownment which i have made £7000 on after 18 years, paying a lump sum off my mortgage, then having a repayment mortgage? Ive been told not to pay off any of my mortgage when the interest rates are low, wait till they go back up. Not sure what to do
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Woolwich mortgages
Hi I am wondering if anyone has any recent experiences with applying for a mortgage with the Woolwich? Just wondering what the timescales are e.t.c..? I started an application over the phone last Tuesday, sent in my payslip (the only document they requested!) and if they receive this tomorrow, they say that the app will…
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New mortgage - First direct Life Tracker?
Hello all, I'm looking to move house shortly and require a new mortgage. I think I have found the best deal First direct Life Tracker. The particular one i'm looking at has a set up fee of £499, and an overall APR of 2.6% for the term. So it tracks at 1.99% above the base rate for life. At prersent I can't see much…
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Mortgage advice
Hey all. Im in the very fortunate situation where i have reduced my morgage debt from 161k, to 89k. My house value is around 220k, which leaves me with a great LTV figure. Im currently with Alliance and Leicester, whos interest rate is currently 4.99%. Im looking for a mortgage with a better rate, which will let me pay off…
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New market leading 5yr fix?
http://www.accordmortgages.com/products/mortgage-product-range.html 5yr fix 3.64% £1,900 fee or 3.84% £400 fee (or nationwide 4.14% £400 fee) (Mortgage size is 120k) Certainly beats the 4.14% with £400 fee I was going to apply for with Nationwide... Should I continue with the nationwide one? (Their base rate is 3.99%…
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Buying house with parents
Hi, I would appreciate some advice. My wife and I have a joint income of £75k and have a mortgage of £160k on a house worth £160k. My wife's parents are mortgage free on a house worth £200k. We are looking at buying a house together worth £270k but it needs about 2 months of work doing to it before we could actually move…
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Anyone else waiting on HSBC?
Is anyone else stuck in the queue waiting for the credit assesor? It took 2 weeks of being told different things by different people before they agreed they had all the required documents. Our application then got parked in the queue for the credit assesor. Today is now day 8 of waiting. Starting to wonder if I should go…
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Some help re mortgage valuation please
Hi all i bought my house 2 years ago and have just went to renew my fixed rate deal. the mortgage company tells me my home was only valued at the time by their people at 69500. the homebuyer report fro mthe sale states 80000 and this is my understanding of what my home was valued at. the mortgage comapny say they havent…
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do I pay off my mortage
I have reduced my mortage to a balance of £1, not paying it off due to there being redemption penalites on the account with Northern Rock. I have now received a letter saying that theya are going to waver these fees. But in order to pay the final £1 on my mortage I have to pay £250 in mortgage discharge fees. This seems…
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Minimum Morgage Amount on BTL.
Can any one tell me who offers the lowest minimum mortgage amount on a Buy To Let mortgage? The lowest I can find is £30000 with Saffron BS.
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Applying for mortgage - worried
Hi Through my FA I have applied for a fixed rate mortgage with Accord Mortgages. They originally agreed my mortgage ... but now are asking such stupid questions and I'm worried they're going to change their mind and I'll lose my flat. My situation is I am seperated from my husband, although we still share the same house,…
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List of which credit agencies are used
Just chatting to a friend who has a problem on one of his credit reports and is about to buy his first home. I know I have seen somewhere on this site a list of mortgage companies and which credit agency/s? Anyone help me find it? Thanks
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CCJ stopping me from getting new mortgage
I have been looking to get a new mortgage deal because i would like to get a mortgage on my own. At present i have a joint mortgage with my ex-girlfriend she is happy to be removed from the mortgage with out any payment to her. I have a CCJ which i have had for 3 years so far i have spoken to many Brokers and they say i…
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mortgage dilemma!
Hi all. We are unsure which path to take with our mortgage and are seeking expert advice. We have an endownment mortgage for £50,000. Our 5 year fixed rate is up and we need to find a new deal. We have a few options. 1. To surrender our endownment. We have currently paid 10,000 into it and the surrender value is 17,000.…
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Bank Of England Interest rate
So its July and the BoE interest rate remains at .5% i hear it set to go up in August. what do you think and if so what do you think it will go up to? i apologise if this is already being spoken about but im new... well thats my excuse and im sticking to it :D
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Stuck and stuffed by northern rock !!
Does any one know how to get out of the hell of being stuck in the 'bad' side of northern rock mortgages ?? we cant transfer our £900,000 mortgage and are being held to ransome at a ridiculous 5.8 % overall , Iam really worried about my partner as he is beginning to crack under the pressure , our buisiness' have taken a…
