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mortgage & credit card application
Howdy, Not sure if this is relevant for the credit card forum or mortgage forum, but I’ve chose this one, so here it goes. I will be house hunting from Jan 2013 (first time buyer, finally have all funds in place) However I would like to have a 0% purchase interest credit card (the tesco 16 month one) as a bit of a backup…
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cash in shares?
My daughter is buying her first house, offer has been accepted on a repossession no survey done yet, the company have now said they have a higher offer (over asking price), my daughter has now gone higher but she will need an extra £1k. I have some shares I will gladly cash in, the value of them at present is £1400 and I…
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Interest Only Mortgage Payments for a short time?
Hi We have a mortgage with the Yorkshire, we have been with them about 4 years and have never defaulted on any mortgage. However, my DH is training to be a teacher (PGCE) after being made redundant last year. He has decided to interrupt his studies with the full backing of the university and will return in Sep 2013. He is…
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Halifax fast track mortgages... is this normal?
Iv had a mortgage offer from halifax, i asked my advisor if they need more info as only asked for most recent payslip, passport and proof of address. No p60, no bank statements and they havent even called my work for reference? Is this right? or should i get this info together as they will be asking for it? my advisor…
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Mortgage rates creeping up
I have a mortgage with the Bank of Ireland and since my fix rate has expired it has been very low at 2.5 above base rate. Why then even though the base rate has not changed are they upping my monthly mortgage amount? Can someone explain please :(
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Mortgage Comparison site for part interest part repayment
The fixed period for my mortgage is coming to an end & my current provider has given me a range of options. Does anyone know of a compariosn site where I can crunch the figures through for part repayment / part interest only to see what else is available ? As an instant comparison, my current provider is offering me 3.49%…
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Will (really) old debt harm a mortgage application?
Deleted thanks.
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1st Time Buyer With CCJ (PAID) Needs Options
Hi, I'm not the most clued up when it comes to mortgages although I have read up on a few things. Here's my problem: A few years ago I was with an ex who I (stupidly) got a phone contract out for- long story short- he ran up a huge bill of £321! I told him he had to pay, we split up before he did, I told him to ring and…
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How do I extend leasehold on flat
Hi I own the first floor flat of a Maisonette, and half share in the company which owns the freehold for the ground floor and my flat. the current leasehold is 74 years I need to get this extended as it appears to be causing issues for me to sell the flat Unfortunately I cannot gain contact with the 2 joint owners of the…
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End of Fixed Deal - What to do?
Hi all, Hoping I can get some advice from fellow moneysavers... Coming to the end of our 3 year fixed mortgage deal with nationwide at the end of December, which we were paying at a rate of 5.89%, but it will revert to the SMR which is 3.99%. This is our first mortgage and the first three years of it, consequently this is…
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Mortgage Conundrum
Hi chaps Wondering if someone could help us. We're tied in to one of those 125% Northern Rock mortgages. It's made up of 75% mortgage and 25% loan. It's variable and is worth £99k though our house is only worth £95k. We want to transfer but we're in negative equity. Can anyone advise? Thanks in advance.
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Mortgage company struck off
My mortgage company has been struck off the fsa register, i have recieved a letter from a different company who is on the register saying they are now in charge of my account and must pay them from now on! As i have no signed contract with this company do i have to pay them and do i still have to pay my old mortgage…
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Rbs rule changing
To cut a long story short i have an rbs offset mortgage and eary this year i came into some money (£60k) so i put all this into my offset mortgage. Thinking as before all i had to do was phone the bank and draw down extra funds out of my mortgage as i had done before, but now have been told that i cant get any money out of…
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Re-mortgaging for home improvement?
Hello all We are currently planning to have some very overdue and necessary work done on our house and quotes are coming in around 30-35k, and we thought borrowing against the house would be the best way to fund it. Unfortunately we don't have a huge amount of equity, after 10 years of mortgage we owe 75k (property…
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Credit searches for AIPs
Hi, We had our offer accepted and an AIP from Abbey/ Santander. Our AIP was for 40k at 25 years, but they have since said they would only give us 37k at 35 years - so we would be paying around £100 a month which is ridiculously low (only 10% overpayment) They said if they had evidence of 3 years of bonuses they could…
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Firm mortgage deal for auction property
I'm researching property auctions as a way to acquire a potentially more affordable property. Problem is securing a firm mortgage for an auction property; HSBC tells me they'll lend for auction property but are only prepared to give an agreement in principle initially, therefore I wouldn't have a firm agreement if I were…
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Mortgage while pregnant...
We've applied for mortgage in my name only. Offer has come in which is great, we exchange in two wks, but won't complete till jan/feb as newbuild property. Here is my concern on mortgage advisors advice the Halifax don't know I'm due to have baby late December. The credit checks won't change if they recheck these before…
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Chancel Repair Liability
Hi there, not sure this is in the right section but here goes. Has anyone heard about 'Chancel Repair Liability'. Apparently it is a medieval charge on homes built on certain Parish lands. The Parish church can charge you for repairs to the chancel of that church. It only applies to Church of England churches. Has anyone…
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Santander mortgage waiting time?
Hello, a friend of mine has been waiting about 3 weeks for a decsition from Santander, can anyone tell me how they are taking at the moment to process applications?
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Will BOI give me a further advance?
Evening I have a mortgage with the bank of Ireland on my flat, the mortgage is a 90% deal and I owe £105K and the flat is worth about 120K. Is it likely they will lend me another 3-4K for home improvements or is this wishful thinking? Thanks for any help!
