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Getting a better mortgage deal
Hi Everyone, I was wondering if someone can help me here. I think it is time to look at moving my mortgage provider. I currently have a mortgage of approximately £65,000 remaining on a property valued conservatively at £95,000 The current provider is NRAM so they are not offering anything, obviously. I have been sat on SVR…
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Mortgage Settlement vs Balance
Just a quick question regarding the above please. In the process of selling the house (early stages) and intend to use the equity to pay off debt. My personal loan balance is £8500 and Settlement is £7320 approx due to interest. Might sound like a daft question (first time selling a house and a little unsure on the…
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Urgent Help to Buy help please
Hi I wonder if anyone can help, please? I posted this on the H2B thread but no replies so thought I'd try here..... We exchanged on a new build property using H2B equity loan scheme in April 2014, and paid our 5% deposit. We have since paid a further c.£10K on fittings, carpets, tiles etc. Our Halifax mortgage offer was…
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Gifted equity questions please help
Hi all, I am new to this site, been lurking a while but had no luck finding answers I need so here goes, it's quite complicated. I live in a house which is owned solely by my ex partner, we lived in it together he left I stayed with children. He has been paying mortgage as part of maintenance. It was always discussed that…
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Want to move in Jan, finances not ready - could/should I make an offer?
After a long period of renting, we have decided to buy again. After searching online for the past (six!) months, and doing viewings for the last month or so, we have found somewhere we would like to put an offer in on. However - we have a finances problem. We have saved a modest deposit and are living quite frugally to add…
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4 or 5 Year Fix
Hi, I am currently about to re-mortgage and my current provider has offered the following products for a loan of £46,500 over 15 year term. 4 years @ 3.29% or 5 years @ 4.05% Am I better to pay slightly less a month and risk a rate rise in 2018 or go with the 5 year and pay roughly the same amount I am already paying a…
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Together mortgage misled secured loan?
Hi Background I bought my house as a first time buyer on a NR together mortgage(59000) back in April 2006 with an unsecured loan(15000) to help cover solicitor fees ect. The rates given were good at that time and i clearly got a 110% mortgage as did big have the deposit. 1 year later (April 07)i was after a new car so…
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Mortgage arrangement fees
My 3 year fixed deal was due to finish With Santander in November , I recieved A letter offering a new deal I acccepted a 5 year deal on there advice with a arraignment Fee Of £900 due to start in November As I see they have droped tge arrangement Fee to £500 can I ask for the difference back
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Buy To Let Mortgage Needed
Hi I have agreed a to purchase property at the value of £99k. I plan to put down 20-25% deposit. I notice that Accord are offering a great mortgage deal at a decent rate, 5 year fixed, with a low fee of £195. Having read some of the threads on here, being slightly put off, but at the end of the day if the deal is out there…
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First time buyer, joint/individual mortgage advice needed!
Hi, My partner and I have been together for over 8 years and are looking to buy our first home. We have found and negotiated what we think is a fair price for a property and are hoping to sort out the mortgage as soon as possible, we don't want to miss out on the opportunity of buying this house. My partner has a full time…
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Getting A Mortgage
Hi All, my other half and I are looking to buy a house in the next month, I am a discharged BR of 5.5 years. She has had a couple of defaults many years ago but all now settled. (we were bitten by the 2008 crash hence my BR!) Anyways, She is going with Kensington through our broker, however I wont be able to. Will this…
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1st time buyer; fixed rates v standard
Hello all I'm looking to purchase my first home in about a year's time. I'm aware that interest rates are at a low and are set to rise around Spring 2015. Even still, this time next year's rates will still be low compared to say, 7 years ago (pre-recession). My question is; are there any disadvantages to setting your…
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Buying the house next door for Mum
A friend asked to enquire on here today about buying the bungalow next to her house for her Mum to live in, her Mums house would be sold (value about £140000) and the bungalow is on sale for £170000 and she wanted to add the difference to her own mortgage, currently £105000 with a value of £385000, she wants to extend the…
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Shared Ownership Remortgage/Staircasing London
I bought a beautiful shared ownership property in London on a 95% LTV product with Leeds BS. Fast forward 3 yrs, and that share is now at 68% LTV due to current HPI, but I'm on their SVR so paying a whopping 5.69%!! I want to staircase to 100% in 2 stages to reduce my stamp duty liability and also want to leave Leeds BS in…
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FTB question
Hi We moved into our first home the middle of this month. Our first mortgage payment (to Natwest) is due on 6th of next month. Do we pay the 'normal' full monthly payment, or say a reduced amount since we haven't had the loan a full month? Hope this makes sense...thanks
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best morgage deal
Hi we have a £24000 mortgage left to pay off, and are on a varible rate of 3.99 with halifax, still have 6 yrs left to pay on term but because we overpay would be more like 3 yrs to clear, looking for a better deal was thinking of 2 yr fixed or a tracker any ideas anyone what would be best ,also will prob change lenders to…
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Increasing Mortgage
Hi Folks, As usual just after some wisdom and advice..! (FOR THOSE THAT DON'T ENJOY THE X FACTOR :) We have just sold our house. We have had a bid accepted for the same price that we have sold ours for (coincidence and all STC). However the House we are buying needs a lot of work doing, about £15 000..which we haven't got…
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Mortage
I don't know if anyone can answer this for me the RBS and i are have ing a disagreement at the moment over a business loan i was given they say it was a mortage and that i signed the mortage documents one one day and received the money the next day is this possible :rotfl:
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Buy to let mortgage advice please.
I have a house, mortgage free, which I have been trying to sell but the market is so quiet. I am currently living in a rented house in a different area and am happy to continue to do that. However, as a pensioner, I would really like to release at least some of the money from the house as soon as possible. Would I be able…
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Let to buy mortgage
Hi Has anyone here experience of a Let to Buy mortgage? I've been offered this as an option because I'm struggling to sell . As I understand it, as long as you have plenty of equity, the mortgage lender retains 25% of the value upon which you pay interest only, they then release the equity in the property value as a…
