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missold mortgage
I have just received a phone call from charge right and they said we had been mis sold our mortgage as it was through a broker and also it was over a 35 year term which will go into our retirement age. The company want a fee to look into this but they say if there is no claim we get our money back. Is it worth pursuing ???
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Mortgage Advice
Hi, I along with a friend own 60% of a mortgage (joint mortgage of 30% each) and a Housing Association owns the other 40%. I would like to buy my friend out, can anybody advise how I would proceed with this, I presume I would need to get the property valued to find out what our 30%'s are actually worth. I am interested on…
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2 year, 5 year 05 7 year?!
Thought I would throw this one out there... End of mortgage term looming, I have the following offers on the table, all with no/ very very low fees. 2 years fixed @ 2.99% 5 years fixed @ 3.59% 7 years fixed @ 3.69% LTV of < 40% Firstly ~ can you beat that, or have I been a market scouring legend? Secondly ~ which should I…
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Mortgage Broker Advice
Hi Im looking for a Mortgage and wondered if anyone has every used The Mortgage Advice Bureau? If so are they any good? How much to they charge or are they free? Many thanks :)
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Bank of ireland mortgage
27/09/11 BOI wants me to move to another lender (getting pressure from EU?) and has cancelled the Early Repayment Charge (over £2000) - aand will pay me £1000!? Why? What might happen if I stay?
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Want to know if house has been re-mortgaged?
My parents' home is in the childrens names and it is completey paid off. I would like to confirm that there has not been an attempt to releases equity by remortgaging or obtaining a lump sum by one of my siblings. I have looked at the land registry website but i think i need to pay to get any information, can i get the…
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Guarantor mortgage
Hi, Just a quck question.. does anyone know of or have a list of Banks or Building societies that do guarantor mortgages (not to increase the amount borrowed, just to guarantee the mortgage based on my salary)? TIA Edit: just to add.. this is due to bad credit nearly 4 years ago, my parents are happy to guarantee a…
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Remortgaging whilst working outside the UK
Hi All, Myself and my partner own a property outright, it is a 2 bed end terrace valued at 75K in Jan 2010. The main issue we are facing is we are both working in Dubai but are UK residents. Are we able to remortgage our property? Thanks
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First time buyer deposit from parents query
Hi All, I'm a first-time buyer having received a very generous offer from my parents of a deposit on a property. I've spoken to a mortgage broker, have had an offer accepted on a property and am now in the process of arranging a solicitor. What i want to do is have something written up that states my parents investment in…
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Repayment vehicle
Hi does anyone know if a lender can / will check if a borrowers repayment vehicle is on track if they are on an interest only mortgage? For example, if my repayment vehicle was a stocks and shares ISA that I paid £200 per month into, how would they know that I was maintaining this level of contribution or that the return…
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FTB; first month's mortgage repayment due when?
hi all i am getting close to exchanging and completing on my first property and trying to get all the finances in order. Can anyone tell me; if we complete middle of October, when will I make the first repayment on my mortgage? Will it be straight away, or will there be a few days grace, or will it not be due until the…
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chances of getting a mortgage
ok here goes with my situation 5 years ago lost my job and defaulted on my loans when i entered a dmp 12k 8k 1k my wife 1800 4500 2000 1500 most of the defaults were entered on may07 I have paid all off apart from the 12k one and the 1500 onenever missed any payments on these or mortgage Been a homeowner for 9 years have…
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S.o.s
Right. House sold for £134,000 buying a house for £174,250. Current mortgage with the Halifax £106,800. AIP agreed with the Halifax for same mortgage amount. The shortfall for the new house will be made up by equity in property £25,000ish plus cash deposit of £42,000ish. Total deposit £67,000ish. Now 8 weeks later after…
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Was this attempted fraud?? A bit strange?
Had a phone call from our mortgage company the other day saying that a payment of £30 had been paid to them with my husbands name as the reference but no account number. They were ringing to check that we had made it as we have never made any type of overpayment before. We haven't made it. The bank account that the normal…
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using offset mortgage to selfbuild?
hi im currently hoping to self build using equity from my home let to buy should get £90000 bit of a struggle to get self build mortgage since self build may have to be a semi detached, due to planning dept! fingers xd try get a detached, know the other guy v well, he a builder so should go smooth, however could my…
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Consent to let [flexible mortgage]
Hello guys, I’d appreciate your advice if any of you have had experience requesting Consent to Let (CtL) from Santander or indeed you know how such approval is given. I have a competitive (by today’s standards) term tracker mortgage on a residential property: 0.49% above BoE, over 25 years, 90% LTV when taken out in 2008…
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Just about mortgage free!!
Friday will be day that I shall become mortgage free, didnt think I would be able to manage it until early next year but ive thrown every penny to pay it off. It has taken me 20 years to realise that its important to overpay as much and as often as you can. If I had realised this sooner (instead of burying head in sand) I…
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Risk of reducing of mortgage amount avaiable to us
We currently have a mortgage balance of £83,000 but due to an inheritance we are about to reduce the balance to £30,000 and work to clear the rest as soon as possible. We are not sure if it is a myth or not but, if you have a very low mortgage balance or no mortgage could this reduce the amount we can borrow in the future…
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Proving job is "ongoing"
Hi all Does anyone know, what sort of proof (if any) banks/lenders are after that a job is "ongoing" and not going to come to an end etc. I'm full time employed in a 'permanent' role (have the contract, payslips etc etc to back this up) but from the questions asked on the various forms it looks like I have to declare I'm…
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Does valuation instructed imply the underwriter is "happy"?
Would I be correct in thinking if the potential mortgage provider has taken the money for the valuation/survey and the online checker tracker "Valuation instructed" that the underwriter is happy with the application? Or am I putting too much faith in that they won't just spend £700 of my cash for the sake of it.
