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Northern rock together mortgage compensation
Anyone know much about this? Heard recently that you can claim compensation if your home was in negative equity when it was purchased. This true? Edit: Please close post as i'd rather not be judged after asking a simple question.
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Change to Repayment?? Please help!
Hi all, Looking for some advice. I have a property that am about to let out. I have contacted my mortgage provider and they have sent out a form to complete for 'consent to let' and i have a fee of £295!!! My mortgage is in negative equity. Mortgage is £94k, house to be realistic is worth approx £80k (even though…
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Re-mortgage- when to start looking?
Our 4 year fixed mortgage is up Aug 2012 and whilst this is sometime away, we are not sure when to start looking. We currently have a specialist mortgage due a bad history which was completely cleared in 2007. We were told by the end of this term, providing we don't go into arrears at any point (which we haven't) we should…
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Mortgage Advice
Been working in governmental agency for over 7 years. Since Feb this year set up a Limited Company with weekly income above £4000. Got a mortgage on a property(still got 190K) for a property valued recently at 245K. Need help/advice on how to procure mortgage to buy a property worth about 450K. Heard that I may not be…
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Does £2500 up front seem a lot?
A broker has found a decent mortgage that overall will work out about £800 cheaper over five years but it will cost £2500 upfront for arrangement and valuation etc. I can get fee free and others with £995 up front but overall will cost a bit more, surely I want the money now to help me move.... But £2500 up front seems too…
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Mortgage payments (proportion of income)
Okay, just trying to work things out. I'm still at the stage of saving up for a deposit (and it will be a while yet). And trying to work out what I'll need more acurately, and what price bracket I would feel comfortable purchasing in (first time buyer). I'm not sure what proportion of my monthly income I would be…
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Unlocking Equity?
Hope you could help me please!? I have a mortgage which is in my wife's name and we have a secured loan with Welcome Finance which has 62 months to go at £400 per month. My question is refarding potentially unlocking equity in our house as it'is valued somewhere between £170,000 - £180,000 and the mortgage owing is…
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Mortgage for new house
We are selling our 3 bedroom home and want to downsize to a 2 bedroom home. We have had our current mortgage with Halifax for a good number of years. Both my partner and I have credit cards which we pay off in full each month and have never defaulted with payments on the mortgage. We have no other debt. The 2 bedroom house…
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Need A Solution To My Existing Mortgage Dilemma!!!
I'm hoping if someone could help me out with some good advice on my mortgage problems. At this moment in time I have a joint mortgage with a sibling of which I'm looking at a solution to part ways due to uneasy relations. I currently have a remaining mortgage with HSBC with £85k left to pay from a £92.5k mortgage. I…
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Best and safest way to transfer payment to solicitor?
I need to transfer the deposit to my solicitor before contract can be exchanged. What is the best way to do this? Online banking or go to my branch directly? I keep thinking i might transfer to the wrong account! haha :)
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How to get 2 mortgaes ?
Hi My husband and I have a combined income of 99,990 per year. I am 38 my husband is 46. Our current house is worth about 180,000 with a mortgae of 138,000 on it. We are looking to move but know the housing market for selling is not strong, we would rather not rely on selling our existing house to be able to buy another so…
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Paying off a loan before applying for a mortgage
I am about to apply for a mortgage, so I used some savings to settle a £5,000 car loan from Tesco. It had a high monthly repayment (£430) so I was worried it would scare some lenders off. I asked Tesco how long it would take to show as settled, and they said they report to the credit agency once a month but didn't know…
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Single parent mortgage
Is it possible to get a single parent mortgage. I am moving house and need a smaller mortgage. My mortgage company wont allow me to port my current mortgage and wont give me another. help.
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Limited Company Purchasing Property
I run a small company in Cambridge; who provide Consultancy and Specialist labour for niche projects around the country. Most of the work that we do is based in London (inside the M25). We put our employees up in Travelodges/Premier Inns most nights during the working week. Working out at £350+ a week, each Employee.…
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Halifax mortgage help
Can anyone help me with my question? I currently have a mortgage with Halifax. Not tied in (my deal came to an end a few months ago) and currently pay 2% above the base rate (which obviously at the moment is good for me!) But when the rates do rise I'd like to fix, which Halifax (on their website) say they'll do without me…
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Can I (we) get a mortgage?
I'm 28 years old and would like to buy ideally a 2-bed flat in London(!). I've looked at properties around and it looks like I may have to settle for a 1-bed place, unless I go for a council flat which I don't want. I'm on £36K pa at the moment, and expect to be on £40K gross by the time I'm ready to buy. I'm saving 1K a…
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Natwest mortgages reduced
I recently came to an end of my fixed year mortgage term with Natest, am now on SVR of 4.5% (4% above BR). I have 75% LTV with £98000 remaining. I have been watching their fixed and tracker products closely for the past few months wondering whether to get a new product. This weekend they have reduced their products. 2 Year…
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Help - Option Mortgage Facility withdrawn!
I wonder if anybody can offer some help or guidance, I have an Option Mortgage, a mortgage with a cheque book facility. The idea is that as you pay off the capital you can use the cheque book to make purchases over £500 provided you don't take the level of the mortgage over what was originally agreed. I've never used the…
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self build morgage
hi i wonder if anyone could help me please, i am currently in the prossess of buying a plot of land in scotland which i was hoping to build a house to sell on, unfortunitly all the money i have is going into buying this plot as unluckly for me no one has a croft they wana give me for free :) heres the catch, yesterday i…
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moving when self-employed question!
Hiya, we are both currently self-employed & have had a mortgage with nationwide for nearly 10 years & never missed a payment. Its on interest only at the moment, to enable us to set up the business. our income is no where near what it would need to be to support the mortgage but we are managing fine. Its currently approx…
