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what's in it for them?
My 2 year fixed mortgage term has expired so I am on the SVR rate of base rate plus 3.39%. After phoning my lender they are offering me a list of re-mortgage deals. I noticed a couple of trackers, which have NO fees and also NO early redemption charge. These are nearly 2% less than my current rate. My question is, if I…
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Halifax application/new job
Hi all, Can anyone advise on Halifax's criteria when starting a new job? We have a DIP from Halifax from our broker and wanted to proceed. Our broker has now said that as my husband has recently started a new job, we will have problems with applying, and that they will require him to be in the job for a minimum of three…
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Waiting an age for mortgage offer
I don't understand how something like this can take soooooo long. Can anyone enlighten me why I have waited over 8 weeks and I still don't have an offer? - even after a lot of pushing. Getting pretty annoyed now! :mad:
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Property buying question
Hi there, I need some advice and clarity of the following position. My partners parents want to sell her their property for £1 it is work c£90,000 and is mortgage free. In return they want to live there until they die or move into a care home (they are both 56 at the moment). these are my questions: 1. Are her parents…
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Convert Interest Only Mortgage to a Residential Mortgage
Hi, Just looking for some advice please. I currently have an interest only mortgage with Birmingham Midshires, which I am looking to convert to a capital repayment mortgage, so I can at last start paying off the capital over the next 15 years. I have been with this lender since 2008 and have a balance of £67,500.00, on a…
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will mortgage offer be withdrawn
We have recently exchanged contracts for a new build property that is due to November. My partner is on maternity leave and due to return in November part time. This was all explained to the broker and solicitor when they were first appointed. I was recently speaking with a work collegue who was concerned our mortgage…
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ING Direct (Now Barclays) Mortgage Overpayments
My mortgage has fully moved to Barclays now. The first payment to Barclays has gone through fine, the regular overpayment I set up has also been taken although it's been taken as one total sum with the normal payment and not individually as I was told would happen. Not overly important but a sign of misinformation already.…
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Cemap 5 day courses?
Hello ALL! training Has anybody gone through one of these courses? how was it?
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Bad Mortgage Advice... What are my Rights?
In short, my partner and I are buying a new build property. I have a financial advisor which is a company I used to do a remortgage for me some years ago. They have provided a good service in the past. We took advice regarding mortgages as my partner has a default which dates back to 2008. They found us a mortgage with a…
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Mortage for BTL to needing renovation
Hi, Just wanted to get an opinion and any suggestions on whether I could get a BTL mortgage on a property needing renovation. The story is that my wife and I are looking at BTL as an investment to provide an income when we retire. We have seen a house which has been repossessed and isn't officially on the market yet but…
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Post Office mortgages - warning of serious delays derailing purchases
Seven weeks after we submitted our application, the Post Office / Bank of Ireland have only just started to look at our paperwork, and only because we have had our conveyancer write them two different letters to try and escalate the application. The valuation was eventually instructed after repeated chasing. This has now…
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C&G Consent To Let Rate
Back in Feb we told C&G we want to let our apartment, they said ok but the interest rate would be "reviewed" after 12 months. I can't find any details intheir terms nor in our mortgage terms regarding what the potential rate could be. Would anyone know what the rate will be? Would it be a set rate, the same for everyone or…
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Halifax online application earliest date
Wonder if anyone can offer my son some advice please he has a two year fixed deal coming to the end on the 30th November, he wants to remortgage on line with them, not changing anything term or amount, but there are some good deals at the moment and he wants to tie in again before they change again He paid his mortgage…
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Adding to my Mortgage
Hi I just wanted to bounce this scenario of other forum members. A few years ago we embarked on a refurbishment programme on our property, the total cost of all the work came to about £65,000.00 that was spect over a period of about two and a half years. The value of my property is currently about £650,000.00 and at the…
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Re-mortgage advice and getting a second mortgage
Hi I am after some advice as to whether what i would like to do would be feasible and where to start ect. I own a house that is worth roughly 100k and have a mortgage on it with £86000 outstanding. The minimum 5 year term has just finished on my current deal and i have this week dropped onto the lenders 'normal' rate (the…
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2 mortgage policies / 1 house
I took mortgage protection out in 2011 with Natwest but did not realise that I still had a previous mortgage protection policy with Cardif Pinnacle i 2009. I will be made redundant 3rd Oct. 14 and have been told by CP that i an have both policies but Natwest said i can not. The Natwest policy will cover the cost of my…
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Need advice
Hello everyone I am disabled and currently renting a flat £310 per month I do not get housing benefit, though I do get other benefits and my condition can only deteriorate but I hope I will be around for a few years yet. My son saved regularly every month since he was a teenager and was able to put a 80% deposit down on…
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How much do you think they will lend us?
Hi everyone, My partner earns 25k (perm job), I'm yet to find a job but we have a deposit of around 85k. Other than student debt, we're debt free, both with 'excellent' credit rating and able to save a fair chunk every month too (living with parents right now, no kids). Our outgoings are mainly a small car & some…
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Contractor work & Mortgage
I just have a general query. DH is a contractor. His last contract was for about 18months which finished in April and prior to that he had a contract for about 9 months. He is waiting on the go ahead for a new contract which will be start in October. Between April and October he's been doing some other bits and pieces of…
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Twenty five year mortgage sold to 55 year old
Abbey - sold me a £100,000 mortgage on a property worth £205,000 nine years ago. I am now 65 and still working, but next year I will be forced to retire. I was never asked how I would repay once I hit retirement. Do I have a case to go back to them and get them to pick up the tab for the outstanding capital balance.
