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Advice on overpayment's
Hi all Hope you can offer some advice on my Britannia Building society. I Currently owe £21880 a month ago, it is fixed at 5.29% until 26 Dec 2009. According to the mortgage offer i can make overpayment's of £499 a month until Early repayment charge goes in 26 DEC 09 in which i can make any overpayment amount. I have been…
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Help Please
Hello About 2 years ago i fell behind with my mortgage each month I have been overpaying to catch up, each month they charge £50 that goes on to the total owed. Is this ok for them to do this or is there recourse like the bank charges where i can reclaim it? Thanks
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Apply for credit so near to remortgage date?
Folks, New to the board. Hi. I have a mortgage with Northern Rock, which is due to reach the end of its fixed rate deal in April '09. I also have about £7400 outstanding on a credit card. I am paying 24% on the credit card. My question is: should I apply for a new, 0% balance transfer credit card, even though there are…
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Potential good news about tracker collars ?
From Mortgage Introducer....... FSA says tracker loan "collars" may be unenforceable 3 December, 2008 Speaking at the CML conference yesterday, Jon Pain, the FSA's retail market manager gave warning that minimum interest rates on tracker mortgages could prove to be unenforceable if the terms were not set out in the lenders…
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Is this a normal request?
Hi guys, I've had a letter from my mortgage lender informing us that they don't appear to have any home insurance details for our property and they want us to send a copy of our insurance schedule asap. Obvioulsy we have insurance so this isn't a problem. The bit I'm not sure about though is that they've also requested…
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should i pay what i can every month or not
I am in a position where I am not paying my mortgage as I believe i may lose my property in the near future I have 2 mortgages, I have been absent from work for some months and without payment protection, I have now returned to work and will soon be able to pay my mortgage but I dont think for the next month or two I will…
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Cash In Friends Provident Endowment?
Sorry if this subject has been done to death here. Endowment started 1994, completes 4 Jan 09. Target value £50k. Fund is 1/2 Stewardship, 1/2 With Profit. I've got the completion letter and it estimates the value at £32k on 4 Jan. I knew it would underperform, but not to this degree. 2 years ago it was worth £37k, then…
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Looking to remortgage - which lender is best out of these?
Mortgage expires in Jan and looking to re-fix. The following lenders all have very similar products available (few pounds difference overall) but I have never dealt with any of them before. Just wondered if any were held in particular high (or low) regard? Woolwich Barclays Cheltenham & Gloucester Lloyds TSB Many thanks
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Remortgage advice....
HI there,1st time I have used this site.. My current mortgage deal with the Halifax (4.99%) expires at the end of Jan 09. The way I see it is I have a few options: 1) go onto SVR at 4.75%. 2) Pay huge fees(£999) to get a 2 year tracker but only save £10 a month!! Are there any deals out there "tracker for life" etc with…
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Pay more off mortgage or pay more into savings
Hi, Long time lurker first time poster. I'm on an A&L tracker mortgage (tracks at 0.2% below BoE base rate) and in the last few months payments have dropped from c£550 to now c£180. I owe £120k on mortgage, have got £25k in ISAs and £11k in e-savings (safely back from Iceland!) and no other major debts. Do I: a) Pay the…
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IF to First Direct remortgage shambles
Me again, I'm afraid.... I did start a thread a couple of weeks ago about problems with a shortfall between my redemption figure and the amount we requested to borrow from First Direct, so apologies for starting a new (similar) one! We were hoping to transfer out mortgage to First Direct on 1 December, but because…
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Mortgage advice
We currently have a 5yr fixed rate @ 5.39 with Britannia with 130k left on the mortgage. I have been just been made redundant with a payout of around 30k. We can cover all payments, bills etc (live basically) on wifes salary and without the redundnacy money so we wondered whether rather than hold it in reserve whether it…
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Norwich Union Endowment - Keep or Surrender?
I have a Norwich Union endowment policy that was taken out in 1997. I pay a premium of £50 per month, and the policy is eligible for reattribution. It is due to mature in 2022 and currently has a surrender value of £7,610. Should I keep the policy, or invest the cash value in something else? Appreciate any advice.
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Writing off a secured loan????????
I have secured loan for £35,000 i am struggling to pay, i have arrears and they charge me over £50 a month as i cant pay the arears off yet. I read that if your loan was made before April 2007 it may not be worth the paper its written on. Mine was June 2007 but i feel i was pushed into it and made to believe that it would…
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Alliance and Leicester Mortgage Plus high LTV - Can we renegotiate after fixed period
Hi I am on a mortgage plus product with A&L until April 2010, we borrowed 103% of the mortgage as we didn’t have a deposit. Obviously we want to avoid getting stung when our fixed period ends and want to know if anyone has been in this position and been able to renegotiate a new rate with A&L. Are they the sort of lender…
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Poor service from broker now they want their fee
Hi, Just want a few views on this situation and i'm fully aware that some brokers read these pages. We have just remortgaged, started process August time and am happy with the new product ..sadly timings were poor but my new fixed rate will hopfully even out over the five year term. But not complainimng about that. When I…
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Skipton Mortgage
Hi, Our mortgage ends end of Jan. but going for a meeting next week regarding it. Were after a fixed rate for say 5 or so years, but after an estimate on what they will offer us percentage wise. Were are wanting to borrow about 80% of house value. Any ideas cheers :) Were are wanting to keep with Skipton if possible as…
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Repay Mortgage With Endowmentes Now
Hello Newby Here I Have 2 Endowments One Sarted In 91 With Surender Value Of10500 And Another Wich Was With The Mortgage Started In 96 Surender Value 4950,mortgage Changed 5 Years Ago To Repayment Now With 21k Left To Pay Over 13 More Years With A 175 Early Payment Penalty,do I Surrender Or Sell Both Endowments And Put Up…
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For sale a brand new apple iphone 3G 16gb....$300usd
Hello,We sell electronics at very discount prices.Items such as Mobile phones,laptops,games console,Plasma tvs.All items purchased from our company are brand new sealed with complete accessories in its original casing and comes with 1 year international warranty. Estimated Shipping Time:2 DAYS DELIVERY FOR FURTHER ENQUIERY…
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Remortgaging
I have a flat which I am thinking of moving back into. There is no mortgage on the property and the value is around £90-100k am looking to release cash at the same time - I like the idea of offset mortgages have used them before. Have looked at First Direct - who are my main bank anyway - they have a 1.49% above base…