-
interest only mortgage extensions for over 65,s
Hi, i am a 58 year old male who was diagnosed last year with luekaemia and have a £106000 outstanding mortgage. My equity in the property is around £200000. My mortgage interest is paid by dwp. Any suggestions as to how i could extend my mortgage which is up at the age of 65 so i dont have to sell up and move? We are at…
-
What happens at the end of my 125% fixed term? (Birmingham Midshires)
OK, so we got the dreaded 125% mortgage. Served its purpose etc. Fixed rate period ends in 2012, and secured part of the mortgage goes down to standard rate (a good thing as it stands!). I believe the unsecured part will rise to 10%ish, which is manageable albeit a pain. My worry is that they call in this unsecured loan…
-
EMC advisory services......any advice pls
Hi, Has anyone had any dealings with EMC re claiming mis-sold endowments. We have been contacted by them re our endowments....Any advice welcome
-
Impatient FTB
OH applied for a Lloyds TSB Mortgage on Tuesday 9th. How long do they normally take to actually give us the mortgage? (yes I know piece of string, but roughly) Also should we get in contact with the Lloyds Financial Advisor and pester him? or does it not work like that? We're wanting to complete before Christmas (2…
-
natwest product fee
i am wanting to take out a fixed 5year deal with natwest, the product fee is £199 i do not want to add it onto my mortgage, but pay it separatley. they have said they will send details out with fee added onto mortgage, then i pay £199 to them, and then they take fee off mortgage is this a normal practice.
-
HSBC application - anything more i can do?
Hi all, Just in the process of trying to buy my 1st house, thought i had it under control but starting to panic a bit now and just want a bit of help. Offer accepted for full asking price of £165k I am using the agents solicitors at the request of the seller to hurry the process along as they are buying chain free. I have…
-
Endowment shortfall - best options please
My mortgage has around 7 years to run, and I look like have an endowment shortfall of about £25000. I'm not at all financially savvy and have really buried my head i the sand until now. STOOOPID, I know. I have spoken to my bank and they say if I pay an extra £200 a month that should just about cover it. Would this be my…
-
Mortgage Indemnity
Can anyone tell me what should happen if I paid out £600 for a mortgage indemnity for a second charge loan, but the loan was later bought by another company and the provider of the mortgage indemnity insurance declined cover. I know the mortgage indemnity does not cover me, it covers the lender, but what about the £600 I…
-
Family Gift Mortgage
Hello, My mum is moving out with her boyfriend and we have agreed to buy the house from her. I've been to Lloyds TSB and they've given us the offer of a mortgage that we get as a family gift so we don't pay a deposit. My question is does anyone know of anywhere else that offers this type of mortgage? Thanks Chris
-
Sole Trader Accounts For Mortgage Purposes
Keeping in mind that I'm going to need my business accounts to apply for a mortgage sometime in the future, what form do the accounts need to take?? At the moment I just have the profit & loss and balance sheet produced with Sage by my bookkeeper. Is this good enough? Do my accounts have to be varified by an accountant?…
-
whos lending has anyone used them?
http://www.whoslending.co.uk/ Just want to ask has anyone used the above before? thinking of a remortgage, been told to use the above website. Thanks to anyone who replys!:beer: k.
-
End of Deal with Northern Rock - Help!!!
Hi, We have a mortgage with Northern Rock and the deal is up next year in June. We would really like to move from Northern Rock as our mortgage is made up of the mortgage and an unsecured loan. I didnt really know too much about mortgages when i got this out as I was younger, and didnt really realise what it all meant. I…
-
5 Year fixed rate or term Tracker.
Hi all, Just after your thoughts on which way to jump :0) We are currently on SVR with our bank - came out of fixed a few months ago and are looking to switch for the best deal. They have offered us both a fixed rate for 5 years at 4.79% and a term tracker at 2.49% over base (so 2.99% at present). No fees, or tie in on the…
-
End of Deal with Northern Rock
Hi Our mortage deal with northern rock is up next year in June. I really want to move away from the company as part of our mortgage is made up of an unsecured loan. I was young when i took out the mortgage and didnt really know much about them. When i contacted our financial advisor to ask him if he would find a new deal…
-
unit linked endowment policy
Am I right in thinking that these cannot be sold, only surrendered? Your advice appreciated, thank you.
-
Question for MA's, sorry if its a stupid one.
I am confused by the news items saying that FTBs cannot find decent deals, then the money pages showing reasonable deals for 85% LTV for instance. I haven't the time at the moment to sit down with an MA, and nor do I want to waste their time either but I am curious about where I would stand as a potential FTB. Salary £31K…
-
Best Mortgage at 50% loan, long term
hi all, was looking for some advice regarding my dad's mortgage. he showed me a cut out from a newspaper with an RBS of 50%, at 3.75% for 5 years. he think's its pretty good so i was wondering if there any better mortgages out there within the criteria. regards
-
Mortgage Chances?
Hi there, My wife and I are now looking to buy a property after renting the first year and a half of our marraige. The property I am looking at is valued at £85,000 fixed. I am self-employed and my wife is employed. My first two years of business were a bit slower as you would expect, so my net profit was around £15k both…
-
Self Employed First Time Buyers
Hi, my wife and I would like to by our first house together as we are sick of paying rent! I'm self employed and only have my first years accounts (which show a loss) i'll have my second years accounts in April which should show a profit of around £25,000. My wife is employed and on a salery of £17,000. My question is, if…
-
Have i missed something?
Hi, we are coming to the end of a variable rate traker with the Nationwide in January when our mortgage will revert to the Base Mortgage rate of 2.50%, we are currently only paying 0.5% I have had a look at changing lenders but without paying a stupidly high fee I dont think its worth it and could end up with a much higher…