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shortfall - endowment.
I have 2.5 yrs till end of mortgage, but have a shocker of a predicted shortfall of 15k, Where can I input figures to to find a payment solution? I dont have a clue how to work it out.! PS claimed comp a long time ago, but it wasnt very much .
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fixed BT let mortgage ending soon
Has anyone reached the end of a fixed rate BTL mortgage? I am wondering what will be offered to OH rate wise when it ends, should he simply do nothing and will they they then just revert to a variable rate, which may be lower ? any ideas please ?
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House has been valued at less than Agreed Sale price
My partner and I are first time buyers and had agreed a price on a property at £62,500 which we thought was a fair price for the house and the area in which we were looking. We have been dealing directly with the owner rather than through an estate agent. I had a baby at the start of the month and we wanted to be in the…
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Mortgage offer expiry
We are hopefully going to Exchange in the next week or two (buyer is awaiting a Consent Order before we can exchange & process has been ongoing since Oct because of chains collapsing). BUT I cant be certain that it will happen because of all the other bad luck we have had so far with sale/purchase! My Mortgage offer…
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Remortgage to interest only?
We're creaking under the weight of our credit card debts - but our 5 year fixed term on our mortgage has just come to an end so we are thinking about changing it... though even staying on the base rate mortgage would mean monthly payments are less. We were wondering if it would be possible to transfer to interest only for…
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Remortgage Advice - Actual Cost over X years
Hello, Im doing some homework regarding re-mortgaging my house for the very first time. Im trying to look up as much I can and read/learn as much as possible but im a little confused on the "Actual cost over X years" meaning Exisiting first ever mortgage deal: 137,700 borrowed at 5.99% over 3 years with Santander. Monthly…
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Mortgage after Maternity Leave
Hi, I'm currently looking to get a mortgage on my first property. I was working full time until I went on Maternity leave and returned 2 months ago on a 3 day week basis until my child settles into the nursery routine. As my normal full-time wage is different to what I'm currently receiving my application and pay slip/bank…
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Halifax - Mortgage
Our Halifax fixed rate end on 30th April, just wondering if anyone would know when Halifax would contact us to arrange a new deal??? Thank you
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Early Redemption Charge ERC
Hi Now that mortgage rates are so low im tempted to change my loan. However I'm with nationwide and they have a 5% erc on the balance. Gutted. I found an article suggesting that these charges are excessive and therefore can be contested. search " fool and redemption charge illegal "and you'll find the article. yes the…
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Share in Parents property as deposit?
Hi, My parents have signs I've their house to myself and 2 brothers,shared equally, I just wondering if I could use my share on the house as a deposit towards a mortgag? We're not sellin the house as my parents still live there, Any advice appreciated
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M & C Saatchi 'Moving Tales' casting
M & C Saatchi are making a series of online short films ofpeople’s tales of moving house. We arelooking for a broad range of people, from 1st time buyers to 2ndhome purchasers, ideally with a NatWest mortgage who are happy for a smallcamera crew to film them in their home. We cannot pay for your tales but we are offering a…
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Halifax & Nationwide Lending Criteria
Hello Everyone, Does anyone know what the lending criteria for Halifax and Nationwide is (or even Santander)? All their websites and intermediary websites only give generalised criteria, not specific criteria like a lot of lenders. Just wondered if anyone has the specifics for those lenders? I am interested in the credit…
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HSBC Suspended Possession Order
Can somebody please point me in the right direction? We have two accounts with HSBC which we got into arrears with, when the business went into administration in June 2009. Various letters and correspondence transpired until we ended up in the following situation. 28.09.11 HM Courts & Tribunals Service, ****** County Court…
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Halifax Mortgage help!
Hi, i am a self employed FT and had an offer accepted on a house on Friday.Friday mornng i had received a positive DP to borrow more than required on a 15%mortgage at the Halifax. The DP was completed by a broker. gave him copies of my D / accounts/ bank statements that morning so that if the offer was accepted he could…
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Credit rating drop after paying off mortgage
Hi guys - we are considering changing our mortgage product from a 70% LTV with the Woolwich to an 80% LTV rate also with the Woolwich. I spoke to the Broker at L&C yesterday and said they may re-score us (she's just waiting to hear back). I know there are mixed opinions on Experian and the like, but I checked both mine and…
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Mortgage Overpayment Help
I have a mortgage with Nationwide on a 10 year fixed with 31 months remaining set at 4.89%. It will cost me £1500 to ditch the fixed rated. I am aloud to pay £500 overpayment per month which I do. I also put £1500 into premium bonds per month too because of the £500 overpayment limit. I have £100,000 left to pay. I have…
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Getting a mortgage/self employed/partner full time employed
Can anyone offer me some advice/input on the following situation please? My partner and I are looking to buy a home together. Im a director of a company with less than a years trading, but we do have a 5 year contract with a global company which documents what we stand to gain financially from the 5 year deal. Ie. My share…
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Mortgage application and old defaults
Hi My boyfriend and I are in the process of purchasing a new build property with a joint mortgage. Cash price £370k, deposit £56k joint income of £148k. AIP all ok but here's the query: Over 10 years ago I had credit problems and defaulted on a storecard (over 20 years ago) and a personal loan. The storecard was cleared in…
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Self employed, can I remortgage?
Hi I've just been declined a remortgage by Halifax and just wanted to ask on here if its worth bothering with other lenders? I'm self employed (ltd company) We only went ltd less than 3 years ago so the Halifax mortgage lady wanted to see every years net profit/loss dating back to 2004 when I started as a sole trader. She…
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Solicitors not kept to agreement. Im penalised? HELP
I have recently set up a payment with a solicitors in December. This was to draw an additional sum each month out. I have arrived back from business (away for a few months). The solicitors didn't set this direct debit to go on top of my mortgage for payments in Jan/Feb/March so i now get a letter saying i didnt keep to my…
