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Shall I Pay Off Mortgage Or Unsecured Loan??
Hi there I have a Northern Rock Together mortgage. It was a 120% mortgage - 95,000 mortgage and 25,000 unsecured loan. I was fortunate enough to be given £20,000 from my parents and overpaid. They automatically apportioned £14,500 to the mortgage and 4,500 to the unsecured loan. Would it be better to pay the whole £19,000…
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Are First Direct Mad.......What do I do now?
:mad: I am sooooo p'd off with First Direct at the moment. I will try and summarise a complicated situation as breifly as possible and would appreciate any thoughts on my next move. I currently have a joint mortgage (226K) on my homw with First Direct (good rate - tracker 0.34 +base) I have been a customer of theirs for 20…
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When can you apply for a remortgage?
Morning everyone, My tracker ends in June and and i am just wondering, when is the earliest you can apply and agree a remortgage? I am currently with HBOS and i think i will plan on staying with them by moving onto one of their fixed rate deals. So i am wanting my next mortgage deal to start on about 1st July 2009, so i am…
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First Time Buyer - First Direct Offset Tracker?
Hi, My wife and I are in the lucky position to be able to buy our first property and have about £55k to our name with no loans or balances on credit cards. We got the most of the £55k from my inhertiance from my grandfather. I still have another £50k to come to me sometime in the next year. I am looking at buying a…
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Would C&G let you out of a fixed rate deal for SVR without penalty......?
My brother has a a current rate of 5.99 fixed for another 3 years and with a 25k early release clause. His circumstances have changed recently where he is now struggling to pay his mortgage due to other financial commitments and has been in arrears on and off for the last six months How would a mortgage company (Lloyds/C&G…
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Mortgage Overpayment - Repayment or Interest Only?
I have a £220,000 base-rate tracker mortgage with 5 yrs left. It is split between £200k interest only and £20k repayment. I would like to overpay by leaving my payments the same after the base rate reduction. Not sure if I'm asking the obvious but the bank won't advise me. Should the £200 reduction in my payments be paid…
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A Little Help
i have kept and enodowment policy going for a few years after my ex-partner and i spilt...i contacted the Norwich Union and requested a 'deed of assignment' form which they sent.....that was then sent to her solicitors and they passed it the thier client..... then i waited.......for a while...!!! after a year they sent a…
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First time buyer.. Needs Help and advice
I am currently living in rent 3 bedroom house, my parents are the owners, but i am also in £20k worth of debt, myself and my husband are wanting to move to a house of our own, and also start a family... do u think it is a good time to be looking in to trying to get a mortgage, also do u think that people will even consider…
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Remortgage
Hi I am currently in a 10 years fixed rate mortgage of 5.45% with 7 years to run on that deal. I have 19 years of the mortgage left to pay. Within this mortgage I can change the mortgage after five years with no penalties, or just stay with the mortgage at the fixed rate. However, there is a possibility, as yet to be…
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best fixed intrest mortgage deal
Hello All I am looking at fixing my mortgage as I feel that now is a good time currently on standard variable rate from nationwide but want long term fixed does anyone know of any current deals which may be of intrest to me. Is it a good time to fix or should I wait? house valued at 190.000 last week got 150.000 mortgage.…
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Interest Daily v Monthly on a Mortgage
My interest is currently calculated on a monthly basis, my building society is merging with another which calculates interest on a daily basis. Will I be any worse/better off? If so, by how much per £100,000? Thanks
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Ltd co. mortgage, mortgage express going to appoint property management co. Help pls?
Hi , Can anyone help me please. I have a limited company which has a btl mortgage with mortgage express. To cut a long story short the mortgage is in arrears to the sum of £1400. ME had my old address and despite 3 faxes to them, with delivery reportss this went unchanged. However having spoken to someone last week and…
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Best home for overpayment - advice please!
Hello Can anyone offer me some advice please? I have a 3 part mortgage with Chelsea as follows; 1) Interest only approx 34.5k at BoE +1% 2) Repayment approx 79.5k at SVR currently 5.79% 3) Repayment approx 4.3k at BoE +1% Complicated I know but part 3 is where I converted some of the original approx 40k interest only…
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Bank of Ireland pulls out of UK Broker market.
from Mortgage Strategy I expect that they'll just use Bristol & West for their Broker deals in the same way as Yorkshire Building Society have Accord for their broker business.
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Leeds Building Society Tracker Mortgage
Hi, I took out my first mortgage last year with Leeds b/society. It was a self cert tracker interest only mortgage with a 2 year fix of 0.5% above base rate. Last June the interest rate was 6% but now with all the subsequent bank of england cuts it's only 1.5%. We've read all the literature from the leeds and we can see…
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bulgarian property need to mortgage?
Ihave a bulgarian property worth approx 150,000 euros, and it is fully paid for .My own property at home is worth 390,000 pounds with a mortgage of 320000 i need to get the ltv down ,and think by takeing some equity from bulgaria might be the answer .Anybody got any ideas whats best?
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will i be able to get a mortgage?
Hi - i am wanting to know whether it is even worth my while looking for a house or not. My situation is as follows i am 20 years old and earn £20k a year. My partner earns only 2.5k a year until august when he will be going full time and on about £15k i have been in this job now for 9 months and before that i was part time…
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Break up Mortgage Help Urgently Needed
I am currently in urgent need of some help. My ex and I bought a house together for £105,000 in September 2006 I put a £10,000 deposit down and we took out a £95,000 mortgage together with each of us paying half towards paying off repayments and interest. We have recently spit up and are now stuck in a bad position. Each…
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What to do...
I currently own a 2 bed flat which I bought for 125k 2 1/2 years ago, currently mortgaged for 90k at 6.49% fixed for another 4years ish DOH! Anyway, I think we could get the same amount for the flat that we bought it at roughly, but there is a house down the road that needs complete refurb, but its only 150k Heres the Q...…
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Remortgage/loan off a home with no mortagage
Help! We are really confussed, weve just been left a property, which were are in the process of renervating and would like to take a loan or a mortagage out off the back of that property to buy another property which we also want to rent out. Whats the best way of going about this? How could we get the best deal? I really…