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Best 95% Tracker Mortgage?
Hello all, First post on here, so hello all! I was just wondering if anyone has seen a beter FTB tracker deal for 95% than the 1.39% over base that HSBC offer (no booking fee). This would be a joint app, combined income £80k, both graduates, deposit £15k, looking for a purchase of approx £250k. Any help much appreciated!…
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Barn Conversion Mortgage
As we are in a buyers market with regards to house prices I have been thinking the time was right to purchase a Barn local to me that has come on the market, at a price that would be too good to miss. ( It was previously advertised at a much higher price) I have 90% of the asking price but will need to get a mortgage for…
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Mortgage for part finished new build?
I am contemplating buying a part finished house from a developer. The walls and roof are up but nothing apart from that. Is this mortgageable?
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Cancelling endowment and putting money off mortgage
I have 13.75 years left on Mortgage, 10 on Endowment, endowment is worth not much in fact only £500 more than I paid in. Should I cash it in, put money off the mortgage interest only section and put the endowment money as extra repayments? Rough figures are shortfall of £5000 best is £2000 shortfall, repaying would be…
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Fastest mortgage application lender - Advice/info please
Hi, I am buying a repossessed property and I need to a lender that is going to be swift on instructing the survey and with thei paperwork as I need to complete in 28days. I have not put my new offer in but I know that they will accept it based on previous offers. I rang a broker today and she said that some lenders don't…
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Mortgage Payment Holiday - Good Idea???
Hi All, I'm new to the site, but could do with some advice.... Basically I'm looking at a 12 month payment holiday on our mortgage, the payments will increase by about £50 pcm at end of holiday. The reason I'm looking at this is because my business is having cashflow issues at present so I need to reduce my drawings, what…
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Surrendering my endowment - CGT
I am going to surrender my endowment policy that matures in a few years time as I believe that I can make better returns in a high interest bank account. I have taken into account the Final Bonus etc.... Do you know whether I will need to pay CGT or any other tax on the proceeds following the surrender?
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Decisions,Pay off 2nd charge(armed forces loan)or pay off mortgage
Forgive me if this is a little long, Jan 07 bought houes for 117,000 (joint mortgage with the wife but based on affordability of just my wage) Mortgage for 105000 Armed forces Home purchase help £8000 Looking to re-mortgage on a lifetime tracker as personally believe rates will go down within the next 12 months, and we…
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First time question
Hi all, Right this might seem a bit of a blonde question but here goes. I want to buy my first home and to make it easy i will say £100,000. I have a 5% deposit of £5,000. The bank says fine we will give the mortgage for £95,000 for the property does that mean: A: The total £95,000 is made up of £5,000 deposit and £90,000…
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One account - payment date?
Hi all, Can anyone help? What day should I set up my mortgage payment to come out? My salary is paid in on last working day of month.
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Mortgage after retirement
Mortgage after retirement I am 57 years old and hope to work until I am 65. We recently sold our house and are living with relatives. I have a good salary but have a lot of debts. We have £20000 for a deposit and are looking for a mortgage of about £200000. However, to make the repayments affordable the mortgage would have…
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Lender Mistake Has Made Me Livid!
last year, i had to go to court with regards to my property but was granted a suspended possession order to which i have kept up with the agreed payments, on time etc and hoping within the next 2 months to clear my arrears as they are now not too much. My direct debit was not taken by my lender on 1st Sept, i contacted my…
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Re-Mortgage
I am about to remortgage thanks to this site i have came across a well known company who can offer a mortgage of 4.99% with a £1350 charge added to the mortgage and a set up fee of £125 what do you think is there better out there(it's over 2 yrs fixed)
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mortgage & insurance help
Hi, I've owned my house for a year now and all I have is buildings and contents insurance. My fiance lives with me & the only reason he is not on my mortgage is because he has bad debt from being in the army - he is currently in a Scottish trust-deed & is repaying his debt - this is being set up for 3 years & he's been…
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re mortgage advice please!
This is my first post! I would be grateful for any advice. My fiance and I bought a house in Oct 06. It is a 3 bed new build in the South East and we bought it off plan for £239,999 in a large new development. We got a good deal because we were the first to reserve a house in that building phase. We took out a two year…
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Remortgage Advice please
I currently have a mortgage with Halifax; o/s amount £13500 with 6 years to pay. 'm looking to do some home improvements and want to borrow approx £40k. However, when I've applied to Halifax they've refused my application because of 2 defaults on my credit history. These relate to a TSB current account and a personal loan…
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Mortgage with bad bank record
I am interested if person has the bed record where he can morgage from. Are there any society or company which can help with. Second question, if person pay 30% from mortgage can this help to get it
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Can this be done?
We took out a 100% mortgage in 2006 with Portman (now Nationwide). We have now been offered a part exchange, where the person buying our house has offered what we owe on the mortgage, my question is would we be able to get a mortgage on their house due to having no deposit? Im guessing not but any advice would be very…
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mortgage arrears!!!
Morning all Have spoke to my mortgage lender about the situation we are in but they are not useful or sympathetic:o !We fell behind on our mortgage last december where a verbal agreement was set in place for us to overpay each month by £100 to clear 2 missed payments which total £1400!Unfortunately due to difficulty we…
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Re-Mortgage Advice needed !
Hi everyone, I`m a new subscriber so please be gentle. I find myself in a predicament, I`ve been advised by a colleague that my personal financial circumstances lend themselves to a 1 account mortgage. I`m somebody who earns a reasonable salary that allows me to live within my means with no debt. I also though receive a…