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RBS - Rubbish Mortgage Rates For Existing Customers
Does anyone that has an RBS Mortgage, looking for a new deal, notice that there isn't many good options available to find a new deal unless you use them as your main bank? We have been on their SVR since October 2011 as we want to pay off a lump of the Mortgage in May, I have been watching their rates for several months…
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accepted mortgage :)
just got off the phone with santander after 2 hours going through are application and they have accepted us, all the require now is bank statements to prove income. is there much that can wrong now as i am still worried many thanks :)
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newbie- advice needed please
hi all, i have a mortgage with egg which was transferred to yorkshire building society in october 2011, rates are roughly the same so all good i thought until last week when i got a letter stating my payment protection for the mortgage wasnt transferred so from july 2012 i need to sort out an alternative. My problem is…
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Halifax mortgages linked addresses
Hello all, I am in the process of selling my house and buying a new house. I have used a mortgage advisor to apply to Halifax (I am self employed and they seem to be the only lender for my circumstances). I have an AIP which I gather is fairly worthless. It I'm hoping my mortgage advisor has done his job and is suggesting…
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Late Payments & Credit Scores
Hi, I'm a new user and need some advice! I've just been declined a mortgage because of 3 missed payments in Sept, Oct & Nov 2010 with my current lender. When I contacted my current lender for information and explained that these DDs were not unpaid, I paid them when the DDR was re-collected and have bank statements to…
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heeeelp need a mortgage
Hi all I have 15k deposit but I can only get around 70K mortgage because I'm on 18k a year(I'm single). I can't find anything to buy for this price in the south east. Will any banks/buidling societies lend me more? Anyone know of anything that could help me get my own place short of committing a crime and getting my own…
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mortgage application, advice please.
Okay, after being turned down by halifax and nationwide, we applied (via a broker) to melton mowbray building society. The broker knows we haven't got a great credit history, but we do have 50% deposit (of a 200k house). We provided everything, letter and bank statements to prove deposit, credit files, etc. He said we'd…
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Mortgage exit fees
I just got a cheque back for 468 from A&L for overcharges on mortgage exit fees which included the 8% interest charge. Well chuffed. Thanks Martin all due to reading his report. The number of complaints dept is 0845 600 6014 gets you straight to the complaints department and they were very helpful. Definitely worth a try…
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Statement Of Earnings HMRC
Hi all, My girlfriend needs to provide a statement of earnings for her new mortgage (1st mortgage) to the Mortgage supplier as she gets paid cash. She has been working at her current employment for 9 years. When she called HMRC they said they had no record of her paying TAX. This has later come to fruition that her boss…
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End of interest only mortgage
Appreciated if anyone could advise. Interest only Mortgage on self and my wife comes to an end this Oct. £83,000 outstanding on house valued 240 - 250K. Age 67/65 began mortgage 1991. Hit badly by failing endowment and support to a business venture. Believe our credit score perfect and no other outstanding loans. We are…
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Can an old person get a mortgage
My wife and I bought a buy to let property when I was 55. We have a 15 year interest only mortgage. The plan was to sell the property before the end of the mortgage term, pay off the mortgage and hopefully see some profit. Now we are in negative equity, selling is currently not an option. I am 60 now, but worst case…
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Increasing max borrowing amount on new mortgage - single/joint applicant
Hi I have recently accepted a new job and we will be selling our house to relocate. We've been looking in to lenders that offer us an immediate mortgage based on my new permanent work start date, as opposed to being in the role a number of months. I've found a few lenders that are happy to do this, but the problem is my…
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Estate agent's valuation for probate
Do estate agents really give a true valuation for probate? If so how come the figures vary wildly (£20,000) and seem higher than figures on zoopla. Is zoopla a reliable way to check the figures? Are the estate agents just over valuing to get the property on their books? What is the best way to get a true valuation i.e. how…
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Insolvency Indemnity Insurance
Hello I have just moved into my new house (my first), and after a few days received a letter from my solicitor saying that because my father gifted part of my deposit that I would need to take out Insolvency Indemnity insurance. It's not expensive at just over £50, but I'm a little annoyed that I wasn't told about this…
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Halifax Mortgage Declined
Hi all, My fiance and I have just applied for our first mortgage together. As we're both contractors, our mortgage broker recommended Halifax as the best option as they're one of the more contractor-friendly lenders. Approximately one month ago we provided all relevant information to the underwriters at Halifax (including…
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Missold Endowment
I have just been approached by Emcas regarding missold endowment they say they can claim back compensation and take a 38% fee is this right or could someone please give us advice on where to claim with out paying such a large fee thanks
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Using Pension Fund To Pay Off Mortgage
I have a mortgge of £31,500, being paid off over 6 years, costing me around £420 per month. I pay £250 a month into a pension fund. If I want, I can withdraw £6,150 (taxable) from my fund. Should I use this to pay off my mortgage more quickly?
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Tracker Mortgages - switch to another tracker?
I've just applied for a lifetime tracker mortgage - no fees, ERCs or exit fees. Which I think gives me a lot of flexibility should the base rate rocket. Generally happy. I've got a 30% deposit, but the same bank offer a better tracker rate with a 40% deposit. In the future (assuming the base rate will go up), would it be…
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Halifax Self Employed Mortgage
Does anyone how Halifax (or anyone else) calculate how much they will lend based on profit figures from self employment? It seems such a minefield nowadays. I have received the letters required from HMRC that confirm the profit figure that has been accepted by them for the last three tax years but as the business has grown…
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Nationwide SMR
Hi everyone I just finished a fixed rate mortgage period on my nationwide mortgage (which was around 5.5%). I was warned I would revert to SMR (3.99% at present), and went online to look at the available deals to switch to. I found a good tracker deal which I went through the online process to obtain, but once I got…
