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Miss-sold mortgage?
Have I been miss-sold a mortgage? We re mortgaged with the Woolwich (open plan) back in 2002 using an existing Endowment which we have held since 1989 which was in fact organised by them through "Legal & General" The mortgage matures this month but the endowment not until 2014 I have asked them to extend the mortgage by 3…
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Divorced moved out 3 years ago but still paying mortgage as kids live house
Hi I really could do with some advice. My story in short is I divorced my husband almost 3years ago due to him taking out credit cards and loans out on my name without my knowledge. The case was taken to court by myself and a CCJ was registered against my name in 2009 to pay half of the outstanding amounts. He has never…
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Should mortg. company change you to base rate automatically after initial fixed term?
I've just noticed that the initial three year fixed term on my mortgage, at a rate of 6.1%, ended in November 2010. My mortgage agreement clearly states that after that period it will revert to the current standard base rate - which I looked up, and it's 2.99%. So in theory I've been overpaying since last November. Should…
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Advice about changing name on mortgage.
Back in October my girlfriend and I got a joint mortgage, the title deeds of the house are in both our names and life insurance. We've now split and we've agreed that I will give her the money she originally put in and her payments towards the mortgage. We were going half’s on the monthly payment. I was just wondering how…
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contracts exchanged - can mortgage still be withdrawn
hi all, exchanged contracts today :j but (as i'm a born worrier) can the mortgage company still changed their decision to lend? they advised they had decided to lend a month ago, had our insurance documentation and we've given them relevant info they required which they are happy with but i'm still nervous, especially as…
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2 good mortgages to choose from - which to go for????
Hi Everyone, Would greatly appreciate your advice on which mortgage to go for:- 75% ltv capital repayment over 16 years Option 1 HSBC lifetime tracker at 2.99% (2.5% above BoE for lifetime of mortgage) £572 costs. Option 2 ING Direct lifetime tracker at 2.8% (2.3% above BoE for lifetime of mortgage) £945 costs. The total…
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Sold up a year ago, been renting since
Hi folks, looking for a little advice if you could help please. I moved cities a year ago and sold up in the process. I decided to flat share to reduce my debts and make friends in my new town, and have been renting a year. Im now looking forward to being debt free, working on a deposit and considering my options. What…
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Recent self employed options
What are the mortgage options for the recently self employed with large deposits e.g. up to 75% deposit.
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Mortgage help, please.
Hi, would appreciate some advice. My husband and I recently went to our mortgage company to discuss further borrowing as our debts have reached their max. We were hoping that we would be able to reduce our monthly payments on our current debts. The mortgage advisor said that they could not help us but they could offer us…
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Reducing Mortgage term
In 2006, I signed up to a 40 year variable rate mortgage. Yes, a 40 year mortage! I borrowed EUR 210,000. My monthly repayments are currenly EUR 971.70. Since 2006, my salary has improved somewhat and I have to come to realise that I have not got a good deal whatsoever. I am keen to reduce the term of my loan from 40 years…
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mortgage help
Hi all, I'm somewhat confused by my Natwest Mortgage and having called them twice, I'm none the wiser. Wondered if someone else out there can put me straight or had a similar experience... I've 160K mortgage on interest only. About 2 years back I started overpaying by 50% so mortage is currently £550 monthly and I'm paying…
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Your advice needed and greatly appreciated
First of all I would like to say hello to you all and thanks for taking the time to read this. My predicament is I no nothing about mortgages so first I will attempt to outline what I would like to achieve and maybe any of you helpfull folk out there would like to give me some advice or steer me in the right direction.....…
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should I be charged a redemption fee for staying with the same company?
I wonder if anyone can help. I have a mortgage with the Woolwich and am in the process of buying a house so am borrowing more money but am staying with the Woolwich. I got a letter today saying I'm going to be charged £2200 in early redemption fees. I was under the impression if you stayed with the same company this…
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Northern Rock or Lloyds TSB
Which lender is the better out of these Norther Rock and Lloyds TSB and which is more stringent with their lending criteria?
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To good to be true?! Mortgage Switch.
Well they say if it's to good to be true it is....so before I commit to moving my mortgage on Tuesday, I thought I would run it past the experts on here! So current details: Lender: Skiptons Building Society Start Amount: £106,000 Current Amount: £50,000 Property Worth: £150,000 Mortgage Type: Tracker Interest: 4.95%…
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Please Help. I'm on a 5.99% Fixed.. So confused!!
OK, Right before the recession I signed up to a 5 year fixed Mortgage at 5.99% over 35years. I have 22months still left on this fixed rate. The cost of cancelling this mortgage is (as I understand it) £2334.00. The property is worth £130,000, the Mortgage outstanding is £78,000 Could I be saving money by paying the…
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I need a rant!!!
FTB at the start of the mortgage process. Mortgage found through a mortgage broker who has been dealing directly with the mortgage company (ING Direct) on my behalf. As I'd had an account with ING previously identification documents weren't needed but proof of income was. Payslips were requested from accounts department at…
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Fixed rate mortgage about to come to an end
Hiya, I am currently tied into a 3 year fixed rate mortgage which is due to come to an end in October. Unfortunately we did this just before the mortgage rates dropped. When the 3 year deal is up will we continue to pay the current rate of interest or will we go onto the tracker rate which is a good bit lower than our…
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Porting mortgage
I've got a mortgage with NRAM and I'm porting it. It's all gone through based on purchase price of new property being the same as the sale price of the current property (which is also exactly the amount I paid for it). At the last minute the purchase has fallen through but I have found another property. NRAM are sending…
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Kensington Mortage or is it?
Hi Took out a mortgage with Kensington in November 2006. Got behind with payments, so they took us to Court and we made an agreement to pay arrears along with principle sum. OH took a knock of 25% on salary (but at least still has job) and so missed 2 payments. They sent man round to talk to us but he insists that we have…
