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Mortgages & endowments
Archives for December 2013
Discussion List
Mortgage for 2nd property
Hello there. I have a query regarding my mortgage. I and my wife jointly bought a house in London in July 2012 £260K 10% deposit current value around £280K. In Sept 2013 we had to move to Portsmouth because of my wife started university. We then took consent to let from HSBC bank (mortgage provider) and rented the property…
What to do?
We moved into our new build 2 bed semi detached house in 2011 on a shared ownership deal. We pay £300 per month on our 30% mortgage and pay rent on the other 70% at £300 also. Our 3 year fixed mortgage deal comes to an end in July 2014 and want to make a decision on what to do. I'm thinking I either look to buy the rest of…
Aviva guaranteed min.cost endowments
Hi...I am currently paying into 2 of the above "with profits fund" Endowments....which were originally set up to cover a £43k mortgage. They were set up in April 1994 and are due to mature in April 2019. Over the years I've changed my mortgage but I've still kept paying into these as a form of savings. The main questions…
Mortgage advice needed post OH's bankruptcy
I agreed to a remortgage in December 2005 to fund OH's business venture. Remortgaged up to 103k over 25years (we are now aged 54)Business took care off half of the repayments, other half came out of wages. OH went BR in 2012(discharged in march this year) got a job earning less, now have to fund all payment out of our…
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