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unknown charge on title deeds
Hello, I'm after some advice. I remortgaged my house with Halifax in 2004 and redeemed the mortgage in 2006 when I paid it all off. I can see that on my title deeds there are two charges - one in 2004 and a further charge in 2007. There is no name etc for the 2004 charge however the 2007 charge is by Halifax. This 2nd…
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Any mortgage companies that will do a mortgage on a property with a local covanent?
Hi all I have had an offer on a property accepted and am trying to sort a mortgage. The only issue is that the property has a local covenant on the house where to buy the house you have to live locally 9in the county) for 3 years... This is fine as we both have but were struggling to find a mortgage company that will take…
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Is a mortgage with ING direct safe?
Hi I am a first time buyer and enjoying tempestuous journey of getting a mortgage. Here is a brief summary of my situation: I am presented with 3 different mortgages, 2 of which I can get instantly - Halifax @ 2.29+base INGdirect @ 1.89+base ... and 1 that I will have to wait 2 months for, due to them needing more from my…
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Advise on the next steps!
Hi all :D Bought a property with my brother £180,000 We had £50,000 deposit from our parents, so mortgage of £130,000 We took out a fixed 5 year mortage for 35 years - which the fixed 5 years will end next year. Mortgage cost £630 per month. however we have been overpaying by £500 each month from the beginning (we decided…
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First Time Ups and Downs!
We are having a nightmare! Hello me and the OH have been renting for 2 years and have wanted our own house for sometime but knew we would never get a deposit. But as luck or bad luck would have it my OH is due some money after to being knocked off his bike. Also my dad has said he will give us some! great! So the deposit…
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Northern Rock Freephone number
Does anyone have a 0800 number for NR? Been on hold for ages (over 40 mins) ..... TIA
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Most efficient lender?
I have posted here before about delays in relation to my mortgage application. I am now one month past the original entry date and the bank are still asking for something else every few days. The last straw was today - they asked for confirmation of my salary for a third time. My broker has referred them back to the last…
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Keep or surrender endowment
I have an Aviva with profits endowment that's due to mature in July 2022. The current premium is £60.47 per month. It was set up to pay off a £25k mortgage (which I've now paid off anyway) but is projected to make a shortfall. The current value is £12,351 (£9350 sum assured plus £2600 previous bonus & £400 new bonus). The…
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woolwich mortgage..how long?
hi all.... I am a first time buyer and i have recently applied for a mortgage through woolwich. Its been just under 2 weeks since my broker sent the application through. how long does this normally take more the valuation to be instructed? I have had no news so am just a bit concerned as i have heard from my estate agent…
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Vendor agreed to reduce price - Q's
Hi all. Due to some remedial works required to bring the house up to standard, the vendor has kindly agreed to reduce the price. I have a mortgage offer in place from Abbey but have recently started an application with my bank (Natwest) as they have a better 2 yr fixed deal than the Abbey. Now while the reduction is good…
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Advice on paying a lump sum and reducing the term of the mortgage please.
We currently have a fixed mortgage with Nationwide which is coming to an end soon. We pay £467 a month at 5.18% and this was fixed for 5 years with 14 years 3 months to go. The balance is now around £50K. I have about £8k to put against this mortgage and still have an emergency fund of £9K, which should keep me going for 6…
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Help needed - I think bank didn't gave me full information
I currently own a shared ownership property which I bought at the height of recession in Nov' 2009. I own 30% of the property on which I pay mortgage and on the remaining 70% I pay rent. I went to see the mortgage advisor in the same bank I have mortgage with earlier this year and then the advisor told me that I have to…
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Remortgage Question move or stay
Hi All, I am currectly on a 5 year fix on 4.69% (ends 2014) Was thinking of moving to a new 5 year fix on 3.69% (ends 2016) My LTV is 61% I need to remortgage for £160k + £5k for fees and penalty If I move i cut down my term from 23yrs to 20yrs and pay the same amount. Any advice peeps...
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1st time buyer - quick question
Quick question. Me & my partner have recently cleared all our debt (£21k in the last 6 weeks or so) – we now have £23k for a deposit…..however the £20k is a gift – does it make a difference if this is in my account or not? Do lenders look at it better if it’s in my account than just receiving it as a deposit? Anyone know?…
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Employment/income history needed for FTB mortgage?
Hi all, I’d be grateful if someone could help me with what I hope is a fairly straightforward question. I have been in full time employment for the last 10 months, and have a permanent contract in my current job. Prior to this I was a PhD student at university on much lower pay, and towards the end essentially no pay as my…
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overpayments or kids reg saver?
Hi I have a new mortgage with nationwide on an interest rate of 4.14%. It is on a house of 85k for which we have LTV 75%, so we have put down 21250 with a mortgage of 63750. This leave our disposable income of 200 a month which is much better than renting when it was nothing. By disposble income I mean everything after we…
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Abbey mortgage deal - only through intermediary?
I am about to apply for a mortgage. I have looked around very hard and have pretty much decided exactly the product that I would like. The product is with my existing lender (Santander/Abbey) but they do not appear to offer it directly to customers, only via intermediaries. The difference amounts to a 0.3% discount on the…
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Can we ignore our existing house/mortgage?
Forgive me if this is a naive or stupid question, it's just a hypothetical. :o At present, we own a house that was our family home up until recently and where our son still now lives, along with his girlfriend. We are paying a smallish mortgage on it. We had to relocate due to work commitments and are renting in the new…
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Fixed for Life Mortgage - anyone seen?
Our 5 year fixed rate deal expires in January so we have been looking around and my husband is convinced he saw a deal in the Mirror last Wednesday that was 2.69% or 2.99% fixed rate for life. Unfortunately we threw the paper away and we can't find anything like that anywhere. Does this ring a bell with anyone as it seems…
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Buy now pay later mortgage
I'm 41 my hubby is 39. Due to overpaying on the mortgage we now only have around £9000 left to pay. He'll be getting about £12k from an inheritance in the next few months and the year after next will be getting around £16k from a policy that will be maturing. We were planning on selling our house the year after next and…
