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Unsolicited sales call from IFA re: HMRC mortgage assistance
Just received an unsolicited call from an IFA (they mentioned their name, but I did not quite catch it at the time). They rang my office phone, so must have seen me on Linkedin. Anyway, usual bumph about am I about to purchase property, would I be interested in speaking with someone from their team about possible products…
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Possible??
Hi Currently have my house for sale which will leave me with around £90K if sold as I have a mortgage of £100K. My partner is sellnig his house which will leave him with £135K - he has no mortgage. We were just buying a 'regular' home together for £300K but have seen a house for £219K which needs work (cosmetic only) but…
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Best 5 year fixed?
Hello J I’m looking for the best 5 year fixed mortgage available, here are my requirements. Lone amount 100k, Deposit 60k, purchase price 160k, first house. Best I have found so far is with Barnsley BS. Minimum deposit: 25% Interest rate: 3.59% until 28 February 2017 (5 year fixed) Product fee: £295 Valuation fee: £300…
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First time buyer help
Hi All I'm currently in a rental property and would like to get on the property ladder and buy my first home. As with a lot of first time buyers I have little/no deposit. I was wondering if there are any other options other than to start saving a deposit? I would like to buy as soon as and saving a deposit might take upto…
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Rbs increase one account mortgage rate by .25%
Hi, I am really ticked off by this, I have two mortgages, one with Santander and one with RBS as the One Account. My Santander mortgage has gone down by over £700 a month and yet my RBS One account mortgage is still costing me a load more. Today they have written to tell me that they are increasing One Account mortgages by…
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Do I cash in my endowment?
I'm due to renew my mortgage and my endownment may have a shortfall. Do I cash it in, take it off my mortgage balance to leave me with less to pay and reduce the time left on my mortgage? What is my best options? Arden
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Mortgage with a default - long post sorry
Hi, I'm a new poster but long time reader. In 2009 we sold our home and moved right away from the area - we had been on a DMP for 4 years and had done well - we negotiated f&f settlements with all outstanding debtors and paid those off using some of the equity from our sale. Lloyds TSB was the most difficult to deal with -…
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May loose my home!!!
I am turning 55 in a few months time. Last year my partner of 5 years walked out on me with no warning and I owe him £65,000, after buying my property with him in 2010. It was a verbal loan but now he wants his money back and I need to raise a mortgage for this amount. The property I own is worth about 165,000, It seems I…
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Help with mortgages past retirement age.
We are considering our options for moving house and how much we can afford to spend. We really need to move through lack of space but don't want to move unless it is really worth the hassle and expense. DH is 47, I'm 43 and we currently have our mortgage with HSBC and are happily overpaying as much as we can. I've got a…
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Endowments maturing soon, mortgage payments reducing, what to do with the spare cash?
Hi I currently have 2 Endowments with Standard Life taken out about 25 years ago which mature this year. The first small one will mature in March to give me about £3000 and the later one in August should give me about £17000. This is quite a bit below what they were expected to mature at the start but I kept them on…
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Mortgage Paperwork error, fixed vs. ARM
Retracting post. Thanks.
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FTB with a settled/satfised default
Hello all, Need some advice! I have found a property of my dream, made an offer of£54,900 (30% share of property) and I have £11,000 deposit so only need a mortgageamount of £43,900 but this proving difficult as I have been turned down bySantander following a full application. Following this I was introduce to a IFAby the…
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Joint mortgage Porting questions
I currently live in a house with my brother and we own a joint mortgage. It’s a lifetime tracker at 1.49% with 160k outstanding. I’m looking to get my own place for about 300k and will have 50k for a deposit. First question Is it possible that the mortgage is ported and split in two? (i.e. we both get 80k @ 1.49% to spend…
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Early repayment mortgage needed
I am trying to find a mortgage that we can repay over a total of 2.5 to 3 years without getting penalised massively in early repayment charges. I have spoken to a few financial advisers, mortgage brokers and they seem to be blinkered into selling me a longer term loan We need the following 1) A primary mortgage that allows…
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Mortgage valuation - are we told?
Had the valuation done today, told its "sent back in 24 hrs via the internet" Does this mean it will come to me and the mortgage company (Post Office) or will I not be told? Should I contact the Post Office tomorrow? I have sent them payslips yesterday so they will have got them today. Am thinking about calling the…
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End of mortgage, time to remortgage?
Hi all, I currently have a mortgage which what used to be Northern Rock. I took the mortgage out in 2007, fixed rate for 5 years. This is due to finish in June. I don't know what to do! I took the mortgage out with my then husband, we split two years ago. He did all the money side of things so have no idea where to go. I…
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Remortgage questions
Hi, I've a few questions about remortgaging. I bought my house 6 months ago, at £16k under the home report valuation (scotland). I got my 80% mortgage based on the purchase price. When remortgaging, would it be the purchase price or a proper surveyor valuation that would be used? It'd make the difference between being at…
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Application help...
Hi Basically I need some advice. To cut a long story short.... I have just had an offer accepted on a house for £75000. My partner cannot go on the mortgage as he has a CCJ for £948 unsatisfied. I earn £15558 plus annual £2500 bonus paid April. I have a personal loan with 3 years left to run for £7000 (approx). First…
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Natwest mortgage first time buyer
Hi, We were turned down for a mortgage with Halifax as they did not think that my partners pension being paid into wages as she opted out of the company's pension scheme and benefits was guaranteed, even though it is and the work reference said that it was, it is even contracted! Anyways, we were declined by Halifax and we…
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Mortgage Available
I have an income of around £20k PA meaning I can generally get a mortgage for around £80k, however, if I got a shared ownership house where the rent is £90 per month, would this count against me and reduce the amount I could borrow in the same way that a credit card debt of £90 per month would??
