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Mortgage repaid - charges query
A number of years ago, I sold a house and now need to find out what my lawyer charged (and for what) as well as what portions of the sale value were retained to be paid to those financial institution who had "charges" on the property (my bank, a third-party secured loan lender and the estate agent who dealt with the sale).…
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FTB Advice Please?
Hello I had an offer accepted on a house yesterday so I'm now looking at mortgage options. I know its a bit of a basic question but where do I start?! I hear a lot of people saying I need a broker - where do I find one of them? Do they need to be local? Do I definitely need a broker or can I do it myself if I look hard…
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Relationship split with house in negative equity!
Please help! My partner has recently walked out on me and our 17 month old daughter :( We bought our first house together in November 2007 and the house is now currently in about £30k of negative equity! He is happy for me and my daughter to stay in the house and take over the mortgage - which i can just about do working…
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is it worth paying £350 for?
We were due to complete on a new build on Fri however the valuation came in at 22k under the asking price. The builders wouldnt budge to the tune of 22k. Its the start of their financial year and I think they know it will sell pretty quickly. Our mortgage advisor sent in 5 comparables of houses the same as ours which have…
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Extending my Mortgage - HELP
We have an interest only mortgage with Birmingham Midshires which runs out in march 2014. Last year we built an extension to our house and also a large Granny annex for my wife's mum. the house is now worth around £ 500,000, O/S mortgage of £ 170,000. I am self employed and because of the financial strife in the Country I…
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Do I have to notify lender about job change before completion?
Hi everyone, I'm new here and would be very grateful for your advice.. I am a first time buyer and in the process of purchasing a flat on my own. I have 40% deposit, have worked for the current employer for 6 years. I have applied for mortgage with Natwest who is also my main bank. Mortgage has been approved subject to…
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Joint mortgage protection
We are about to complete on our new property this week, and we have CI and Life protection in place already, however we would like some protection in place should either of us become redundant? I've have tried the comparison sites but cannot find a joint policy, do these exist? I'm sure this is what we had on our last…
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Cashing in endowment advice needed
I would like some help making up my mind about cashing in an endowment. I've paid £89.68 a month since 15.8.1997 and it will mature on 15.8.2022. The endowment was taken out with a mortage - I no long have the property (not for ten years). I live with my partner who has endowments on a property that will pay mortgage of in…
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Trasfering the title and mortgage
Hi looking for advise, we are 3 home owner which two of the owners want to sale it, the other owner has purpose to transfer the mortage to him and to another person that is not on the actual mortage, would this be posible and the implications on the mortgage,the period of two years of remortaging is coming to an end and he…
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Nationwide panic
Hello, I'm in a bit of an odd situation. I am selling a shared ownership flat. I have a buyer who has a ten per cent deposit and who is applying through the Nationwide. I believe that she is doing this directly. She started her application process on June 20th but then the person dealing with it has been away for a week…
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Pay off mortgage, or bank the money?
I've been unemployed for two years, have applied for more than 1000 jobs in that time, but that's another issue. With another person I own a property (two flats) that we let out, bought 20 years ago with a mortgage on the property that we occupy (also two flats, we occupy one each), so as far as the DWP is concerned that's…
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Removing second person named in mortgage
Hi I'm wondering if any of you can offer me some advice on this problem I have My son is 28 years old and when he s 23 I co signed a mortgage for him as he couldn't get it alone on his income well the last 18 months has been nightmare he is an alcoholic and has been now for around 3 years he lost his job a year ago and is…
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*Moved* Advice for someone with "bumpy" credit history
Hi all, (moved this as i posted in wrong section but not sure how to delete other thread) i'm after a bit of advice.. i know its not official advice but it may help me get an outlook on how i could prepare to apply for a mortgage maybe a year down the line.. The long and short of it is, during my younger days i was very…
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Advice please
I have been renting for the past 8 months (rent £900) per month, after separating from my husband. The marital home has sold, marital debts cleared, solicitor paid etc. which has left me with approx £70k. I am now looking to get back in the property market, and a little daunted about going it alone. I have two questions…
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Arrangement fee added to mortgage
After a good while googling and perusing this forum I am still not 100% on what is probably a simple thing and I'm most likely an idiot for asking. When you add a fee to the mortgage, all the pages I've seen say "this is payable over the term of the mortgage" - I'm looking at 2yr fixed rate deals, is the term 2yrs, or is…
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is mortgage insurance compulsory
i am self employed,i was working for an agency for a year and am now laid off,i have unemployment insurance,i can claim but it takes a while to actually receive any sort of payment,i hopefully will get work soon even if its temporary,so my question is is it worth having this insurance or should i scrap it and save the £18…
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Fixed or Variable?
I need a £124k mortgage over 16 years. I've always gone for fixed rate before now but wonder if I should try a variable? I'm currently on a rate of 2.99% with First Direct that ends in September and won't be able to get a fixed rate now as good as that. First Direct rate will go to 3.69% after September and HSBC look next…
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LIBOR - SFO Enquiry
Genuine Question this. I work within the legal field but not within this area of law.... (Personal Injury is my field). Here is the Question..... If a Bank has been found guilty of fixing the LIBOR Rates, possibly by the SFO, is there then the possibility that each LIBOR Rate mortgage (with that bank) could be construed as…
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Transferring a Mortgage between Properties
I originally posted this question on the Home Buying section of the forum because I thought stamp duty was the main issue, but someone there suggest I repost here. My question is this: I currently own my own home (mortgaged) My GF is going to buy a new home but at present I'm not in a position to move out of mine (for…
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mortgage referred
mortgage referred
