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Opinions on fixed mortages
Hi, Just after some advice/opinions on whether people would fix for 2 yrs or 5yrs in current economic climate? cheers
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Am I paying too little for mortgage?
I have been in my house over 3 years. My mortgage product was a tracker it states "a variable rate currently 7.4% with a discount of 1.24% giving a rate of 6.16% payable until march 2011, then it reverts to 7.4% again." So come march after the 3 years were up, I was expecting the rate to go up 1.24% BUT here is what the…
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Northern Rock - AIP
We sold our house and put a deposit down on a new build after c hecking we could get an 85% mortgage with Northern Rock. We earn good money but have credit card debts which we declared. They gave us an AIP for £185k (we need £165k), and so we instructed solicitors. We submitted the mortgage app, paid booking fee and had…
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Credit rating for mortgage.
Hi guys. A couple of years ago I tried to get a mortgage with no success. I plan to try again in a year or so when two defaults drop off my credit file. Am I right in assuming they drop off 6 years from the default date? Not long too go if that's the case! One slight worry. I have two current accounts. One with Nstwest…
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House sale fallen through - Remortgage instead?
Hi Quick question from a long term lurker first time poster. My house sale chain looks to have fallen through. Rather then going back through the painful sale and purchase process does anyone know whether in principal I can use my current mortgage offer to remortgage on my current property? I know that this would subject…
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Totally fed up!
Hi All, This is my first post and and this has to be one of the lowest points in my life! In 1993, my wife an I took part of our mortgage (yes you have heard this so many time before!!) to the tune of £50000 as an endowment being promised that this was a wise move when we moved to a semi detatched bungalow. We did NOT…
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just had an offer accpeted on a house.. now what??
Very excited first time buyers, we've finally found a place and had an offer accepted.. what to do now? find a mortgage, contact a solicitor and have it surveyed.. anything else? whats the best option for mortgages at the moment with the current interest rate being low? any help tips etc would be much appreciated :)
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nationwide monthly dates
Hi We completed on the 23rd of the aug and am due to start paying on 28th sep. Does anyone know please what dates nationwide class as a month? thanks
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How long between Valuation and Mortgage Offer?
Hi all, Im sure this has been asked a million times but how long does this take "roughly"? Probably worth noting we are going through a specialist broker to Clydesdale Bank, who I am aware are notoriously slow. The application went into them last Friday and today we received back the valuation details, the surveryors have…
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Credit Report Lists Overdraft Still
My partner and applied for a skipton mortgage on tuesday and I just decided today to check my credit score - the mortgage advisor said we "passed". I noticed on checkmyfile one of my bank accounts is listed as being £700 overdrawn but at the time of application it was zero - obviously they havent updated the info. The…
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bank charges for not completing a mortgage
Hello I wonder if anyone can help us. My husband and and I visited a mortgage advice office in Glasgow with a view to remortgaging. At the time the bank we were going to change to had a great fixed rate. In the end we didn't go through with the change as our cuurent lender's rate remained at a great rate which was lower…
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mortgage at 65?
Hi, I posted not so long ago about my parents thinking about using an equity release company to get a lump sum (about 20k) to pay off a bit of debt, get some home improvements done and hopefully a holiday out of it too. My dad (age 65) is retired and mum (age 60) was made redundant a while ago and is not working. Their…
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where has my tracker element of my halifax mortgage gone?
Hi, i wonder if anyone can help me please, i took out a morgage in 2002 through the estate agent i bought my home from and they advised me on a halifax tracker/variable rate so i took it on and has worked well ..... until yesterday when i recieved a letter (dated 31/8/11) stating that the now type of product i have is the…
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details, details, details
Hi We completed and moved on 23rd August this year. We paid 85k for the house. We were / are first time buyers with a 25% deposit. We originally had the 4.89% 5 year fixed mortgage offer with Nationwide paying £400 arrangement fee and the £99 booking fee. We changed it before completion to the Nationwide 4.14% fixed 5…
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Renting house out while working abroad - what type of mortgage
We are in the process of moving abroad to work for a few years. Can anyone recommend what type of mortgage we should go for as our current one is coming up for renewal. The amount outstanding is approx 30% of the value of the house and on current payments about 15 years left to pay. Rent will cover mortgage with a little…
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Confused !
Have been looking at my mortgage statements and I am really confused looks like i have paid off more in year end 30/11/10 than I will have this year !!! 30.11.09 £201,039.35 30.11.10 £198,706.02 But as of 15.09.11 £197,219.80 Had found a balance as at 20.06.11 for £198,256.86 ans as at 28.06.11 £197,437.88 We pay on the…
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Renting and new mortgage
I wanted to get some advice about renting and getting a new mortgage. If I own a property outright, having paid off my mortgage and then want to let this, what happens if I then want to get a new mortgage to buy a bigger property. Will a lender take into consideration the rent I will gain from the first property when…
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Should I repay £30k part of interest only fixed mortgage
Hi some general advice needed please - I'm novice at forums for forgive my inexperience.We have £63K remaining on initial advance mortgage fixed at 5.63% until 30/4/2013£30k of this is interest only remaining is repayment.We are currently paying the maximum overpayment allowed of £500 monthly.The repayment vehicle we have…
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Whats the best way to find an IFA and mortgage brroker?
Is there any national list of reliable brokers? - Don't really just want to pick one out of the phonebook if I don't have to ? Alternatively, can anyone recommend one - I am in Cumbria. Thanks:beer:
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Choosing FTB mortgage provider
Please delete - question no longer relevant
