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Mortgage help with ex
Help me and my ex jointly own a house we split in March and i moved out leaving her and my child they i have been paying half the mortgage and £200 pounds a month for my daughter she has taken a lodger her cousin who is paying her £250 a month in rent so the ex in now not paying her half the morgage i have just moved into…
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Mentioning Abroad Mortgage
Hi, i was wondering if anyone could help me with my dilema. Me and my partner are looking to apply for a mortgage this time next year. we have managed to save up 6k so far and hopefully will have about 15k this time next year to put down as a deposit. My problem is; I already have a mortgage on a property which is being…
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Re Mortgage Help/Leasehold
Please could you help. I am re-mortgaging, and as the rates are low and my lease has only 57 years left I am buying the freehold. I was sent a valuation in January this year for £5,250. However the property management company have asked me to pay !£150 to complete a questionnaire in order to give me a valuation figure. I…
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Advice pls on Mortgage and bad credit
Hi Just need some advice and please be kind as not sure that our options are or which way to turn and do for the best! At the moment we have a mortgage with the Woolwich (Barclays), we are on a tracker mortgage and our rate at the moment is 0.5% so we are paying around £285 a month! Our mortgage has £63000 left to pay over…
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Acenden mortgage company advice please!!!!!
I am having a extremely poor communication with probably the worst mortgage company services ever Acenden (formerly Preferred or Capstone mortgages)..Basically i am on the phone for at least 30 mins each month regarding to a letter i get out of the blue saying i am in arrears when i am in credit..so much so it is stressing…
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do companies still buy endowments? good time to surrender?
Hi, we took out a small endowment in 1996 connected to our mortgage but after three years we switched to repayment. We have decided to cash in this endowment for a couple of reasons one being debt repayment. What we would like to know is are there still companies out there who purchase endowments? It still has ten years to…
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Payment Calculation
Could someone please help me work this out... not so good with mortgages. £50,000 mortgage (100k full value - but have a 50% deposit) Wanting to pay off the amount over 10 years. Interest at base rate. What would the monthly payments be....? Also, I'm assuming that if base rate goes up do the payments increase, or does the…
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Complicated Remortgage to Buy Another Property
Hi everyone. Hoping there might be some alternative options but here's my story. I am trying to remortgage (60% LTV of current home) so I can buy a flat. Primary purpose is for me to live in the flat, but perhaps rent it out if times get tough. Here seems to be the problem. My current mortgage and home are in the name of…
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Mortgage, commercial element
Hi, first post on here so please excuse me if I put anything stupid. My husband and I currently run a business from our rented home. We're looking to buy and have found a great place which happens to be a nice sixzed house with 2 seperate flats and and office/shop downstairs which will be great to contunie to run the…
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Santander offer
Does anyone have any idea how long it will take santander to give me a mortgage offer, they have done everything else, now just requesting copy of home report. Things have been delayed quite a bit, this has been going on for 4 weeks now. Thanks Craig
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Endowment contract legal ?
Hi All I have been fighting for our mis-sold endowment now for a number of years which i believe the Halifax are responsible for. Wrote to the Halifax " they never sold it to us, sorry to hear of your problem it was in fact IFA " ( Agents for the Halifax ) " complain to them " or " the FOS " Turns out the IFA Agents no…
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Stick with Tracker or Fix?
Hello, I have a Nationwide lifetime tracker mortgage at base rate +0.88%. I'm currently paying 2.88% as Nationwide won't drop below 2% on the base rate. I currently owe around £61500 and have just under 12 years of the mortgage remaining. However in a little over six years I plan to retire from my current job and draw my…
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Homebuy direct scheme
Sorry if this has been put on before... I am after getting my own place, don't want to rent again but am struggling raising a big enough deposit. I am a full time permanent teacher and have seen various new builds offering homebuy direct to buy a newly built house/flat. My parents seem a little sceptical about the scheme.…
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Mortgage over payment disagreement
Hi, Please can someone help end a mortgage overpayment disagreement I am having with friend of mine (Mr. N) Scenario; 2 people take identical mortgage of 100,000 over 25 years. On each aniversary each pays a lump sum of 7500. After each payment Mr. N (my friend) reduces his payment in line with the 25 year term. But he…
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What to do ?
Hello people, I'm new to this forum and could do with some advice please. OK..I'm 50 bought 3 properties 23 years ago..a small 2 bed house and 2 flats..done then up over the years and now rent them out..income about 11K a year Also got married 14 years ago and bought the marrital home on the strength of this...have brought…
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Interest charged daily, monthly or yearly?
I know this is a basic question to which I should know the answer. Of course I could dig through all my mortgage paperwork but I was thinking someone might just know the answer. I have a woolwich/barclays mortgage. Great escape product, tracker 2.18% over base. Does anyone know how interest is charged and therefore what is…
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tried to pay my mortgage on time
Advice please. Originally I had a buy to let mortgage. The morgage co. had my address details at a different address. About 9 years ago. Since then, got a second charge with same mortgage co, and actually moved in to main mortgaged house. Been paying mortgages all these years by debit card over the phone every month. Now…
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mortgage question
I live with my partner in her house, and have done for many years. I have built and extension on the house which i paid for cash and did most of the work myself and other things like gas central heating etc. We would now like to move house and jointly by one I'm just not sure If I would get a mortgage in my youth i messeg…
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How does a valuer value the property?
FTB - sorry! Hi, I am buying our home from my former husband. The deposit for the mortgage is the equity currently in the house and the mortgage I'd need works out at just under 75% LTV. This is based on the estate agents estimate of the sale price (not the asking price which was 15K higher) last year. If the house is…
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Mortgage repayment
Hi I wondered if someone would be able to give me an idea on when my first mortgage payment will be due with Santander. I have just moved house and changed my mortgage to Santander, and have not yet received any confirmation from them re dates etc. I have tried calling into branch but they just advised me to wait for my…
