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Santander won't give me another fixed deal
Santander sent me a letter to renew my fixed rate mortgage as from May I will be on the standard variable rate. However because a credit risk due to a few default (not with themselves) they wont fix my mortgage again so I will have to go on a standard variable rate from May. This at present is 4.,74% so my mortgage will go…
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Rolling credit checks
We signed our mortgage deed on Tuesday... finally!!! But there was a note on the bottom of it saying that - and I quote - "lenders are conducting rolling credit checks and can refuse to issue a mortgage if your circumstances change, even after exchange of contracts" :eek: Now, our circumstances have not changed - I was on…
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cancelling joint financial link
Me and my partner have a joint acc that is getting cancellled this weekend- he is being removed from the account. Thus we wont have a financial link anymore. Am i right that if i contact the credit agencies to update their records of the link no longer being there...that in april when he applies for a mortgage there will…
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Living alone, taking on the mortgage alone
Hi All, My ex and I bought a house via the Shared equity scheme. We don't have to pay them back until 10 years time thank goodness. We have recenlty seperated and I have taken on the mortgage payments on my own as well as bills etc. I can easily afford this. The worry I have is come November when I will be removing his…
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Nationwide haven't issued NEW offer letter
My mortgage application has been accepted. However, I recently changed my mortgage rate to new cheapest one and paid product fee via credit card this week Monday and the money has been duducted from my Cr card. Today I called to Nationwide and ask why I haven't received yet the new offer letter as I need to complete my…
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loyalty does not pay
i am coming to the end of my fixed rate deal with S*****der, I rang them to check what rate they could offer but they said the standard rate (4.24%) was the best i can get. My mortgage is only 34k and is due to be paid off in 12 years. I have had 2 mortgages with them now and been a loyal customer for 19 years, Yet if I…
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How do I get my house revalued for a remortgage?
Hello, My partner and I bought a house for £200,000 and had a 20% deposit (£40,000). We have spent £35,000 refurbishing and modernising the house and it has been suggested to us by an estate agent friend that it would be possible to market the house for £249,999 if we decided to sell (the neighbouring property was recently…
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Where to put money between receiving endowment and paying off mortgage
The endowment has matured. There is a gap of approximately one month to 6 weeks between receiving the endowment money and paying off the mortgage. Where is the best place to put that money inbetween times?
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Countrywide/Bridgfords 'stealing' payslips?
Hi there, My husband and I are first time buyers and when looking at houses through Bridgfords I was roped into seeing their in house mortgage advisor from Countrywide. Initially I was impressed as I was a bit clueless about the whole process and she was really helpful so before we were due to make a final offer on a house…
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do you have to tell the mortgage company if
you rent your house out? i have read that sometimes they try to increase the price of the mortgage and it could invalidate the house insurance. anyone any experience and let me know what it is like with woolwich/barclays. thanks!
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End of fixed rate to Interest only
My fixed rate is up in June this year, with about 79% left to pay is it possible/worth it to switch to interest only for 1/2 years to free up some cash for savings?
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assumption agreement
Hi every1, my father has recently passed away, am after some advice on his property, am the main executor and would like to take over the family home, there is a outstanding mortgage of £65, 000, house is worth about £230, 000. What options do I have? Whats is a assumption agreement and would it help? Regards
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First time buyer needing help!
I have decided change my career and have got a new job in the south of England. I currently live in Newcastle and have worked in my current job for 5 years. I have got a new job in Portsmouth and Im looking to move down within the next few months. Whilst living in Newcastle I have managed to save a deposit to buy a house…
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First time buyer Mortgage advice
Hello, I'm in the processing of purchasing a flat for 390,000. I'm looking at 85% LTV mortgages. My bank (First Direct) has offered me a fixed 2 year @4.49%. (APR 3.9%) Now my question - since I've got a fairly large loan should I be focusing on getting the lowest interest rate for the first couple of years, or sick with…
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LIBOR fixing
In the light of the PPI issue maybe people who had a mortgage linked to the LIBOR rate should receive compensation
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PCP Affect On Mortgage Application
Hello, Myself (23) and my fianc!e (21) are looking purchase our first house in the next 6-18 months. We'll be looking at a property costing around £130,000, and currently have £13,000 saved up (so we're looking at a LTV of 90%, but depending on how things pan out it might lower to 85%). My current car is half way through…
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A little advice please
Hi just after a little advice to help us plan for our future remortgage. My wife is due to go on maternity leave this July and our 2 year mortgage deal with ING direct ends beggining of November this year. Will my wife being on maternity leave affect our remortgage in November? Is there anything we can do between now and…
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Why won't anyone help us out?! :-(
Really desperate so hoping that someone on here will be able to offer us some advice. Following a mid-life crisis last year, I rented out my nice new 3 bedroom house in Banbury and moved to an ex-hotel with 12 bedrooms and a shop underneath, overlooking the sea at Morecambe Bay. 9 months later and it's time to repay the…
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Repaying Mortgage before taking out a new one.
My old mortgage is almost repaid, thanks to regular extra payments, and is now at a level where I could clear it completely (£2k). I'm hoping to move house later this year, or at worst, sometime next year, borrowing around £30k with my partner over 10-15 years to do this. We both work full time and don't borrow (beyond the…
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Chased for mortgage debt
Hi, not sure I'm in the right part of the forum, but hope someone can help me with this query. I had my flat repossessed in 1991, it was sold for a pittance by the mortgage company and subsequently left a debt of just over 46k. today, 21 years later I've received a solicitors letter asking me for immediate payment of the…
