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Mi12 & jsa3
We have been in this 'minefield' for M112 & JSA3 for months now !! Trying to get some help with the interest payments, Filled in 3 forms (MI12) - 2 were lost !! by the Halifax Bank :mad: We had the 3rd form (MI12) sent in, Sent off to the DWP by the Halifax, Then my wife rang the DWP the other week and now they say that we…
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Reducing a mortgage with a hefty lump sum?
We received a grant of 25% of the sale value of our house(£39,250) and got a fixed mortgage for 5 yrs(22yrs total for £117,750) The grant was used as the deposit, and after 10yrs is ours(we would have to repay a proportion if we sold in the mean time). The Mortgage we pay is about £750 a month, which we can afford but is…
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Mortgage Agreement Document
Evening all, Just wondered if one of you kind folks could answer a couple of questions for me please? I believe my mortgage is due to switch from fixed to tracker in December, but I cannot find my mortgage agreement anywhere. Is this something I can get a copy of from Woolwich? Also, is there a way I can calculate what my…
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Scot Am endowment -stay or go?
Hi I have a Scot Am [now part of pru] endowment maturing 2016 [after 23 yrs] with target amount 30K Surrender value 16K now projection [red letter] 4% 22100, 6%24300, 8%263700 Monthly cost £54 believe that the should be a terminal bonus but not guranteed etc. Wasnt mis-sold and its the sort of endow that people wont buy…
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mortgage advice please
Hi Just had an offer accepted on a house..127k Tried to get under 125 to avoid stamp duty....no joy!..the seller is leaving behind 4k of furniture etc,so purchase price is 125 plus 2k fixtures and fittings House surveyed at 145k.... Will the bank lend me the full 127k? Cheers
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Selling an inherited house - tax implications
Hi I tried to post this yesterday but I can't find the link so am re-posting. My Aunt passed away in September 2010. She left me her home, valued for probate at £150,000 and this was transferred to me in May 2011. The home has been empty for all of this time but I have been a regular visitor. I have carried out works to…
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Remortage time - builder payed deposit - paying it back?
When we bought our house 2 years ago the builder payed the deposit, this was interest free for 2 years. Unfortunately the 2 years are up, so we either pay part or all of it back or start paying them the interest on their loan. So what is the best way to tackle this, can we remortage up and pay some of this loan off? cheers!
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Parent has died. What needs to be done?
Sorry if this is in the wrong forum. I was going to put it in the insurancies forum, but i figured it'd be better in this one as the house dealings will be the main (most expensive) thing i guess? Basically my dad died early on this morning. Some may wonder what i'm therefore doing on MSE asking this at 3:30pm the same…
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Changing Mortgage providers
Dear all, Need some help and advice: I've got an apartment on a 3 year tracker with Nationwide Building Society and am only 1 year into the mortgage at the rate of 3.78% I have £170k left on the mortgage of £180k as it was 80% LTV I am thinking of remortage and see if I can benefit from a lover rate mortgage rate. I am not…
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Do i need to remortgage?
My mortgage term is up come November, and i have been looking at the market and my broker has been in touch, my question is however, come november if i let my mortgage term expire what can i expect to pay monthly? %/£? i have £43,000 outstanding(approx) not quite sure what other info is required? Just curious!
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Moving for the first time
Hi all! As the title says I may be moving if I get a job I'm going for and, as it's my first move, I've got a few questions! For information, the area where my current house is has been quite slow for selling houses this past year due to indecision over the RAF base in my town - now that's solved, it should start to pick…
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Help with a decision
My wife has a £61k outstanding mort with a property value of £71k so I reckon LTV OF 86%. I'm not on the mortgage. We intend to sell next year and buy a bigger place in the region of £130K. We will have savings of £25K + £8K equity (if it sells at £69K, ) My salary is £27K - would we get better deals if I go as first time…
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Mortgage Final Payment????
Can anyone tell me what are the final payments on a mortgage with Santander? The mortgage is not mine. The person's mortgage is ending in January 2012 and they were wondering how much extra their final payment will be. Can anyone advise me or enlighten me how I would find out?
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Purchase 1/2 of my mothers house
My mother has come to the end of her mortgage, she's 66 and drawing a pension and needs cash (and a holiday - she works so hard!) She still works part time and has modest income but does have some credit card debt. We've looked at options for her to move house (market value £250K), however she would have to downsize or…
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Help to choose best mortgage!
Hi, looking for some advice regarding which mortgage to choose. I am about to let my house out. I have sent off the consent to let fee and questionnaire to my mortgage lenders. I will be receiving £460/month from private rental. I have 3 separate loans on my mortgage for £23k, £10k and £62k = £95k over 20years 2months at…
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Equity Release Help
Hi. Some advice needed. My Father took out a lifetime mortgage on his house in 2007 at the peak of house prices. He recently died, and his house is now probably worth at least 50k less than their 2007 valuation, and clearly the equity release company want their money back. With other debts, and fees it's going to leave…
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mortgage capital/interest repayment ratio query...
Hello, I bought my first house 2 - 3 years ago and I wondered whether somebody here could clear something up for me? Our mortgage is a capital repayment mortgage, which costs approximately £950 per month, and as such the bulk of our payments have been going toward paying off the interest of the loan with a smaller…
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Mortgage application whilst pregnant
Hello all, Wondering if I can receive an expert advice..... I and my wife started mortgage application process end of july this year. Now we have a confirmation that she is 16 weeks pregnant. The solicitor did send us the mortgage confirmation form which asked us around 9 questions to confirm the circumstances one of which…
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Mortgage Works Buy to let help?
hi guys im on a buy to let with ltv of 50% on interest only and had a 1 year tracker, im now into the standard rate 4.99% a year on however why is it at end of the term you you dont go onto the bank of england rate rather than an inflated rate. At same time my brother took out btl and he borrowed 10k more however he is £50…
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Accord - YBS transfer...?
Anyone -maybe brokers - happen to know whether the YBS allows transfers to its products by Accord customers? I am treated by Accord as a full status, prime customer and it seems to me a reasonable proposition that YBS, as owners of Accord, might consider it.
