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survey on house
Hi, I need to get a survey on a house I have had offer accepted on but I have only ever bought a newbuild which didnt need one. Can anyone advise on what a good price for a survey is and if they can recommend any good companies? I am probably looking at getting a full structural survey done. I am in West Essex, East Herts…
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post office mortgage
Hi, Has anyone got a mortgage with the postoffice? I am in process of doing the application for the 2 years tracker 2.89% with fees of £995 but there seem to be all other fees popping up in the illustration as below: Arrangement fee. £995.00 If you wish you can add the fee(s) shown above to the mortgage. This would…
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Changing mortgage, should we, and what to?
Sorry for the cross posting, I originally put this in 'Mortgage free' but it hasn't received any replies, so here might be more appropriate! We have a mortgage with what used to be Northern Rock at the moment, fixed for 10 years, which finishes next year, no early repayment charge. It's 4.89%, I have no idea if that's APR,…
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Mortgage % Monthy Rates VS % Of Deposit put down? - Show some rates please....
Mortgage advisors, or lenders, I would like to know the approx rates per deposits put down. I know your rates will just be approximates, but that will be fine. 5% deposit on a property will get you a x% rate on a mortgage. 10% deposit on a property will get you a x% rate on a mortgage. 15% deposit on a property will get…
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What's the best day to complete a mortgage switch?
Hello... I'm in the process of completing forms and setting up my mortgage transfer from one lender to another, to take place later this year. My fixed rate expires on the 30th of Sept and payments from 1st Oct onwards incurr zero penalty. However, my direct debit comes out on the first of each month as well, so would it…
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Do I include OH on mortgage application
Thinking about remortgaging to consolidate some debts and move to a better rate. Currently on a 4.99% fixed rate with NRAM and they're not charging early redemption so think I can do better. House valued at somewhere between £400 - £500k according to Zoopla and general house price indicators (we're in a village with about…
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Achievable or not?
Good news accepted an offer on our house of 98500 today :beer: mortgage stands at 67230 agent fees inc vat is 1182 and waiting on sols to get back to us but estimating around 2k for sale and purchase, looking at house at 125k to buy below stamp duty. I earn 11k he earns 21k 6506k in debt do we settle this when we complete?…
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FirstBuy scheme for Teachers from Teachers Building Society
Hello everyone - looking for a bit of advice... My partner and I have been renting for the past 5 years with rent costing us £550 per month. We are 23 and 24 and have not yet been in a position to save deposit to buy, but resent wasting so much money paying rent. I have been working as a teacher for the past year and came…
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2 Mortgage Offers from Lender, are they both valid?
Hi I recently applied to remortgage with my lender. They have sent out 2 different mortgage offers. The first at an incredibly good rate. The second still at a good rate, but not as good as the first. They provided no explanation why 2 were sent out and did not reference the first one when the second one arrived. I have…
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Which would you choose?...
Hi everyone, Looking for a general consensus on which mortgage deal my wife and I should choose Which one would you go for?? ... options from broker are: 1. Accord 2 year tracker @3.29%. = £414 per month. £995 fees (with £500 cashback on completion) 2. Accord 2 year fixed @3.55% = £427 per month. £995 fees. (with £500…
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Mis-sold insurance/mortgage?
Hello, I'd love some help on where to start with this. About 5 years ago my (then) 60 yr old father and wife took out a remortgage of about £120,000 to buy a holiday home. It's a 20 year mortgage which is now crippling them financially. My dad received a notice from the building society the other day informing him that the…
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Nationwide Porting Concern - Is this a No!
Deleted. Thanks for advice
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Cashback 'incentive'... Now or in 30 years?
Hi all, Sorry if I am asking a silly question, Im just getting to grips with this whole mortgage stuff! On several mortgage deals there is a cashback incentive which states "£500 cashback on completion"... Which I presumed was from the £900 arrangement fee... Now I may be overthinking this, but does that mean on completion…
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Advice on First Mortage
Hi, me and my girlfriend are starting to think about getting a mortgage. We have been saving for a while and now looking to go and talk to a bank/broker to get some more info. Our current situation is that we have a deposit of 35k and combined income of 50k. She has no debts and mine will be cleared in September. Is it…
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Do we stand a chance?
Hi, Hoping someone can help me with the whether there is any possibility of my husband and I getting a mortgage and if not what we could do to increase our chances. We currently rent in the south-west and have been running our own business since 2007. Our self assessment (partnership) profits are as follows: 2009/10…
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Settlement figure for mortgage states no ERC, can lender request ERC later on?
Just a quick question. If mortgage company sents a settlement statement to the solicitor to redeem a mortgage and they have stated 0 to the ERC, can they come back later and ask for the ERC to be paid? Or is the settlement figure final settlement they sent to the solicitor a legal binding document? I assume they can still…
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HSBC 5yr fix
Need to find for a mortgage on a 250k property with a deposit of 50 - 100k. Is the HSBC 5yr fixed at 2.99% with 1.5k fees the best deal out there? Have not been able to find a mortgage with a lower rate of interest. Have I missed looking at better deals? Dont mind about the type of mortgage as long as its the best to go…
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Money into ISA or Overpay mortgage
My current mortgage debt is £30,000 plus an additonal mortgage of £80,000. They are both with Nationwide and the five year fix ends on 31st July 2012 for the £80,000 mortgage at which point the rate falls to 2.5%. The £30,000 mortage falls to 2.5% on 1st November 2012(it will be 5.48% to 31st October 2012). The term…
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NRAM and consent to let
Has anyone with NRAM had any luck arranging a consent to let: either 1 year or perpetual? They still have the forms on the website but you have to search for them. My suspicion is that they would say no regardless. If it's relevant I can provide the full details but as far as I can see *factoring out the unsecured loan* we…
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Mortgage deal ending - now what?
Hi there. Firstly, apologies for the daft question, nearly 30 years old and I still don't understand the ins and outs of this. We got our first house 3 years ago this September, the mortgage was arranged with the Nationwide through a broker. At the time my wife was just going onto maternity with our first daughter. We…
