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Ex partner still on mortgage and wants off
Removing message
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Canada Life Endowment - HELP!
Please can someone advise me? The most recent letter I had from Canada Life warned me of a shortfall in my 1994 endowment with Canada life due to finish in 2019. The endowment was due to pay off £55k but the latest projection (growing at 4%) is for £23k a shortfall of £32k. I have looked at the fund - Multiple Investment…
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Help required, got 2 mortgages and letting a property
Bought house number 1 over 4 years ago and got my first ever mortgage with Nationwide (3 year tracker). Then moved away due to work and rented house number 1 out. I notified Nationwide to gain consent to let the property and got this for 3 years with no change to my mortgage. This year I bought house number 2 and got a 2nd…
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Ex Partner - His New Mortgage - Effect on me?
I have recently found out that my ex partner has bought a new house. Fair enough ... however .... We still jointly own our former home on which we have a joint mortgage of £300,000+ He has bought his new home with his new partner. The price of that home was £375,000. She already had a property - and I can only assume a…
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Natwest Offset - Eligible current accounts?
I have a Select Current Account and Natwest Offset Mortgage. My Select Current Account was included in my offset arrangement for almost a year until yesterday when I received a letter to say it has been removed from the offset arrangement, completely out of the blue. I called Natwest Offset team who said the Select current…
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Mortgage Turn Around Times
Quite a few threads on here re specifc lenders, but not selected who to go with yet. Just had an offer accepted (no chain either side), mortgage advisor suggested allow 8 weeks for an entry date, sellers are looking for 6 weeks.We have a decent deposit and good credit history. In general which companies seem to be taking a…
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Govt. injecting money into the economy?
I'm sure I heard on the news, some three months ago that the Govt had injected a further £80 billion into the economy with an instruction to banks to start lending again to families and small businesses. Is this correct and if so, are banks likely to loosen the purse strings when it comes to mortgage lending? Thanks.…
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help!
I already have a morgage and want to buy a second buy to let property. I have a £40,000 deposit. where and who is the best place to get as much money as I can lend. Thanks J
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Wife paying off credit cards
My wife and I are on a combined inccome of £90k. She is on a spouse visa and although earning £40k cannot apply for a mortgage either joint or single. I have clean credit and have passed credit scoring for a £150k mortgage. We have 20% deposit. Next stages to fill in the paperwork. I have credit cards with a balance of £8k…
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Missed mortgage payment through no fault of my own. . .
I previously banked with Alliance & Leicester, now with Santander. It appears that in July, Santander cancelled my mortgage direct debit for RBS without authorisation from me. I didn't realise at the time. I only became aware when my mortgage lender informed me of a failed direct debit. It appears this happened because of…
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Shared Equity Mortgage Providers
I bought my home through the Places for People administered Ownhome scheme in 2009. This is a shared equity scheme. I have a mortgage equating to 60% of the purchase price through Co-Operative Bank (the schemes partner) and Places for People paid the other 40%. I currently pay nothing to Places for People on the money that…
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We're about to lose our buyer...help!
We sold our house in April to a young lady...everything went through smoothly until her offer expired/withdrawn and she had to re-apply. The new mortgage application with Natwest has failed credit score due to a default of £60 outstanding Orange bill. She took this out for a friend, who failed to pay it and knew nothing…
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Endowment Policy ??
Hi All This is all my own stupid fault, down to a very expensive divorce and a recently finished IVA and i suppose head in the sand, but now my finances are almost back on track i have discovered that 45k of my mortgage is on interest only basis, i owe 111k on it. The mortgage company want to put my mortgage from £495 per…
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Can I stand guarantor for daughter's mortgage
Hi, can anyone advise. Is it possible for me to stand guarantor to help my daughter get a mortgage? The situation is I bought a house in Liverpool when she went up to University. She has lived in the house ever since - 7 years now and would like to take over the mortgage from me but has never managed to secure a permanent…
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Interest Only - Using USS Pension
My wife and I are currently looking for a mortgage and have found that Northern Rock will accept a pension as a repayment vehicle for up to 70% ltv. My wife has just joined the USS (Universities Superannuation Scheme) pension in the Career Revalued Benefits scheme and I was wondering how a lender would calculate the tax…
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Mortgage Advice
I have been on a fixed rate mortgage at 7.1% for almost 5 years and this is due to end in January 2013. I am unsure what to do next?? Do I go onto the variable rate whatever that may be or do I get another fixed rate for X amount of years??
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Let to buy mortgage
I took outa 3 yr fixed let to buy mortgage, with natwest and the fix ends next year, can Iremortgage this or do I need another let to buy mortgage. It startedwhen the house we were trying to sell kept falling through, so a mortgageadvisor suggested we get a let to buy mortgage, and rent out our currentproperty. We did…
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Barclays/Woolich Mortgage
Hi We applied for a Mortgage with Barclays on Wednesday. We have a 20% deposit and the rate of the product the broker suggested is quite competitive. Just checked both our credit reports and Barclays did a search yesterday. I'm just getting nervous now. My OH has a missed payment from back in 2007 for his mobile phone bill…
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Friends Provident Endowment Cash Value via FriendsLife website
Hello, Just wondering if anyone else is tracking their Friends Provident Endowments online via the FriendsLife website? As mine is due to end next May 2013, I have been tracking mine on a monthly basis. It has been rising nicely over the course of the year and then suddenly this month the cash value has dropped in one…
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Seriously disappointed by the solicitors - Can't they talk with each other?
We have been pushing really hard on the side of the mortgage, as we thought that's the only thing which would take long. We found the solicitor bvia some online good comments. And the first few contacts did show they are professional and know what they talk about. We sort of laid our full trust on them to deal with the…
