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Bank offered compensation should i accept or should i have more
Recently my bank has advised that I have been over paying my mortgage each month. They are supposed to let me know when the rates change. They have offered me the £6200 back plus £2,500 compensation. Are they just trying to fob me off or should they offer me more ?
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Mortgage Guru Needed
Here’s the situation Currently on 15 years fixed with Northern Rock @ 5.4% as to leaving, no fees will be applied (5 years fixed left and then 10 year variable. (15 Years) I have 140K outstanding 1 endowment policy matures on 1st Jan 2017 £20K 1 endowment policy matures on 1st April 2017 £20K Do I jump ship now? getting…
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Mortgage success with CCJ?
Hi, Myself & hubby are currently saving for a mortgage deposit. My husband has a settled ccj from 2013 (£3000) and I have 2 settled defaults from 2012 (£225 & £700.) We are hoping to get a mortgage towards the end of next year and are looking for advice / success stories of people getting accepted for mortgages with…
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Fixed Rate 8 months remaining
8 months left (July-17) of a 5 year fix. By then I'm hoping, with a good revaluation of the property, that I'll just about sneak into the 60% ltv range (with some savings to throw in as a backup) When can I go into a bank to try to get a deal? Are all banks different? I've read 3 months in places, or depends on current…
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Any lenders who will accept EXISTING lodger income
Good morning everyone, Do you know of any mortgage lenders who would accept income from a current lodger as part of the income required for a mortgage? My partner and I rent a three bed property, with two lodgers in the other two bedrooms. We have lived here for 15 months with lodgers for the past 13 months (we took a…
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Pay off mortgage or overpay and avoid exit fees?
Hello all :-) I have a bit of a dilemma, hope you'd be able to give me some advice. I am 3 years and 8 months into my 5 year fixed rate mortgage at 4.99%. 133000 is left on it. I am due a windfall that will allow me to pay off my mortgage. Dilemma is this; there is a 6K exit fee. Do I pay it off and pay the exit fee or do…
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Defaults & mortgage?
I currently have 4 partially settled/settled defaults, these occured because of my marriage breaking down. I sold my house & payed them off but they obviously are still showing on my credit file. I'm currently renting as I don't think I can get a mortgage again at the minute. I've been told that most mortgage lenders will…
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Poor credit shared ownership mortgage?
Poor credit shared ownership mortgage? 27th Nov 16 at 11:52 PM #1 Hello We started the process of buying a house. Mortgage was agreed in principle. Last week barclays rejected the mortgage!!! Husband has some defaults on his report. Contacted Which? Mortgage broker last thursday and they said they will find us something.…
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Should we ditch the fix?
Hello, I was hoping somebody might be able to advise us if it worth me ditching our fix mortgage? Checking with MSE Ditch the fix calculator we should remortgage if we can find anything below 2.2%. Currently we have a fixed mortgage for 5 years with Tesco Bank at 3.69% with 2 years 6 months remaining. We need to borrow…
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will we get a highstreet mortgage
Hello everyone,alittle background to our situation we have a mortgage with nationwide which has 12 years left to run with£ 57500 outstanding house has just been valued at £150000 .Between my wife and myself we have credit card debts of £32000 .we both work full time income is around£ 42000. three years ago we had a short…
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Advice on mortgage renewal please!
Hoping for some advice as I'm not the most knowledgeable financially... Currently with Santander, about 72k with roughly 21 years to go. Current deal not up until March, but been sent a letter saying can pay less per month - brilliant?! So which of the following do I go with... 2 years 1.69% £336 per month 3 years 1.99%…
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Nationwide AIP Bankruptcy concern
Evening all, My partner and I have just applied for a couple of AIP with Nationwide and Halifax and have been accepted for both. I understand that the Halifax is a soft search and the Nationwide a hard one. We chose these lenders as we both have savings with them so they have our ID etc and that they are both lenient with…
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Help Electoral Register & Mortgage
I didn't realise my address on Experian was still for my previous address, I have updated this to my current where I am also on the electoral register. How long will this take to update as this is currently a negative and I am looking for a mortgage ASAP? Or will the lenders see that I am registered at my current address?…
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Natwest Mortgages - Valuation
We had a mortgage appt with a broker yesterday and applied for a Natwest mortgage (initially accepted pending doc submission). We have opted for the Homebuyers Report. Can anyone advise if this is done alongside the valuation or if they are instructed separately by Natwest? Just wondering if this considerably extends the…
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Rooftop Mortgage
I started with a 25 year BTL mortgage in 2005 and started with Platform Lending. Along the way it was transferred to JP Morgan Chase and I've been with them for probably the last 5 years. Just today got a letter from them, saying it's now going to be moved on again to Rooftop Mortgages. I've never heard of them. Is anyone…
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New mortgage questions
Hello, Having recently exchanged were due to complete In the middle of next month, we have a mortgage with santander fixed at a low rate for two years and I had a couple of questions if anyone could help. I understand we need to wait for completion to find out when the first payment's due and just how much it'll be,…
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Buying ex out
Hi, I could do with a bit (OK, a lot!) of advice before I take my next step... I want to buy my ex out of our house but I'm fairly certain the bank won't let me do it alone (I would easily be able to afford it at the interest rate it's on now but I have a lowish income and I'm guessing they just go by that rather than what…
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I have been given the wrong information from the bank
Hi new to the forum (hope I am posting this in the right place) 2 years ago I applied to buy my flat under the right to acquire scheme. I am a first time buyer so I am new to the property game. The housing association valued it at £55,000 meaning I would get it for £45,000 I went to my bank who told me that I would still…
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Mortgage Broker Fee Refund
Advise needed, We are currently purchasing a new house with Barratt and advised we needed to use their mortgage broker which we did and booked the advisor over the phone for an appointment at our house. The guy arrived and proceeded to go through the right mortgage for us and told us that they now don't make a fee from the…
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Kensington (Paratus AMC)
Resolved - Deleted
