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Seeking help to understand chances of a mortgage!
Hi everyone Newbie here so please be patient. I shall try to make this brief because having spent ages reading the posts on here over the past few weeks, I know the experienced peeps get asked this question loads. I want to buy my first home. Looking for a 90% ltv mortgage on an income multiplier of 3. Loan amount £320k.…
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Joint mortgage query
Applied for a joint mortgage with my wife with First Direct, i bank with them. They never included her wages as she is on maternity leave however my wages were enough & had it approved in principal. Anyway got a phone call about 30 mins later from them as they forgot to read out some data protection jargon but on the end…
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Mortgage tracker swap to Fix
Hi Guys Was listening to Radio 4 Money Box live on Mortgages and one adviser was recommending a mortgage product(lasts for 5 years) which start off has a tracker then after 2 years(currently 2.29%) it turns to a Fix rate for 3 year (FIX at 3.99%) I have never heard of this ? Could someone help me? Which Building Society…
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Last call before I sign up!!
Hi all Been looking at mortgage products recently and want to get the absolute cheapest one so that I can overpay and reduce the term - have always gone for fixed rates but this time want to take a gamble on a 2 yr tracker. Have been offered 2.89% from Woolwich with £300 cashback and no fees or costs. On a mtg of circa 90k…
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Chances of a mortgage ??
Hi all, I would like your expert opinions please. I am about to apply for a mortgage with the Halifax. Right some history. On Sunday, my final default drops off my credit reports. So as from Monday, my report is as follows : No defaults. No CCJ's. No Bankruptcy (ever) Current address - 18 months. on electrol roll. previous…
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Northern Rock AM - letter received today waiving ERC
Great news received today in that NR are waiving their PERC charge. Did anyone else receive a similar letter? I only posted this below a week or so ago so its come at a great time. https://forums.moneysavingexpert.com/discussion/3332988=
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Urgent Advice - Falsely advertised mortgage deal....
Hi All, Would appreciate a little bit of advice on a situation that has accured today with Bank of Scotland and a Firt Time Buyer mortgage promotion that is advertised on their website. We have started the process of taking out a 2yr fixed tracker mortgage and hold our current accounts with this bank. Link to the promotion…
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In need of a pair of eyes to confirm my interpretation of my key facts
My 3 year tracker is due to come to an end on 31st Oct this year and began browsing what was out there. Then I had a brain wave regarding information which is mentioned in the key facts sheets you get when you complete a mortgage. I am reading this as it saying that come my product expiry Nationwide are guarenteeing that…
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Partner passed away, maturity ends june 2012 not sure how to deal with situation?
Hi my partner recently passed away in june and I am searching for some advice on how best to go about dealing with our home which was in joint name and was a interest only mortgage and the maturity of the house is ending in June 2012 which will be repossesed if not paid in full by this date. I have some details here which…
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Are there any 92% mortgages available?
Was thinking about remortgaging and wondered if there are any 92% mortgages available?
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Buying overseas
Thanks in advance, this is my virgin post on this site. I am currently looking at buying a house in France with my wife (she is French) as we have aspirations to live there when we finally hang up our work shoes. At the moment it is an investment plan (buy to let either perm or holiday). We have a substantial deposit but…
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Mortgage - timber framed house
We're trying to sell our house - 90 years old, timber-framed with UPVC cladding. So far prospective purchasers (5 to date) have been thwarted by surveyors who decline to recommend a loan on this property. Any ideas how to go forward - we would really like to move. Frustrated kent
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realistic offer
I am interested in purchasing a property in Scotland and would like some thoughts on what would be a realistic offer to make. I am a first time buyer. The property has been on the market for over a year. It has already had a price reduction from £128000 to £122000 (offers around). The estate agent has told me the price is…
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Evidence of my repayment plan
I have an interest only mortgage with Birmingham midshires. It's currently tracking at 1.99% above the base rate so it's working out really well for us. We have just received a letter reminding us that we are interest only which included the sentence:-"Periodically we will ask you to provide evidence of your repayment…
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Is it the right time to get a fixed rate mortgage?
Hi, I will be coming out of a fixed rate in Sept and am undecided wether to remortgage with a tracker or a fix whilst the base rate is only 0.49? Please advise Thanks, Stuart
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no fees rip off
:mad: I took out a mortgage with H&R and it quite clearly states "no redemption charges & No Fees" now i'm coming to look at remortgaging they are trying to charge an "admin cost" surely "no fees includes this charge please any advise would be great
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morgage help
hi I'm looking for advise on a remortgage, there seem to be lots of confusing deals and im not sure as the questions to ask currently at Hinckley & rugby paying 5.26% house 230k mortgage 25k term left 15yrshad an offer below from santandar Below, I have included the quotes you asked for on the 2.99%, 2 year tracker: 15…
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Help with credit rating!!
Hi. Can anyone help? I was wondering and pondering the following... Everyone knows that one way of improving your credit rating is to use a credit card an pay it off every month. I've been doing this, but paying off card as soon as what I've bought registers. The result is that there is a zero balance every month. Great…
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First direct mortgage conditions
Hi all, I am in process of applying for first direct mortgage. Have been told they are only available to first direct customers with a 1st account so have applied to open one, not a problem in itself, but my question is does this account have to be my main/only account? They have offered me the easy switch service but its…
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Dual mortgage type and best option to overpay
Hi all, We currently have a fixed rate mortgage until 2014 at 4.89 percent.Until april 2014, we can pay only 10 % off of the loan amount each January without incurring an overpayment penatly. We will soon have approx 35,000 which we were thinking we could pay off some of this loan. I have tried the overpayment calculator…
