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dieo
Has anyone's mortgage interest rates gone up yet? My NATWEST Offset mortgage has already gone up by 0.25% to 6.45% starting on the 6th July eventhough the Bank of England has kept the interest rate constant at 5.00%. Is this a case of money pinching by the corporate greed or what! They clearly do not care for the people…
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A daft question from a re-mortgaging first timer?
Hi Guys, I got my first Mortgage in 2006, our estate agent set us up with the mortgage, house insurance, Life assurance and unemployment insurance (or something to that name). We just met with her for remortgaging since the variable is MASSIVE, fair enough, I know interest rates for that kind of thing have been high, but I…
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Applying for a remortgage - dependent child question
Our two year fixed rate is up in November, and we've a little one on the way in September. Looking at the online quotes we're asked if we've any 'dependent children' - my question is, just out of curiosity, does having a child help or hinder getting accepted for a re-mortgage ? I've had a look on hsbc's site, changing the…
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First National SVR
Can any tell me how to find out First Nationals current SVR, and how I could check it, want to find out as will be looking a a remortgge in a month or two. Thanks. x
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Mortgage advice- The One Account
Sorry if this is the kind of thing covered elsewhere on the board. Had a remortgage consultation with independent broker today. He has reccommended The One acct on grounds of flexibility with repayments and value of Offset. We have approx £10k in savings, regular income of £4.5k a month net sat in current account. We will…
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Endowment with profits- keep or swap
Hi, i took out a endowment with profits policy from britannic in 1998 to run for 20 years. I invest £25 a month and over the last 10 years have invested £3000 pounds, the policy at present is worth £5500. Should i carry on saving in this policy for another 10 years, or is there a better way of investing these savings…
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Remortgage valuations - how accurate are they?
Hi I've just had my house valued for remortgage purposes. No-one has actually visited the house but a valuation has taken place. Does anyone know how they arrive at their figure? Is it the lender who does it or do they have independent valuers? Are such valuations considered to be reasonably accurate? Foreversummer
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partner leaving - what now?
My partner (for now) and I bought a house together in 2006. I sold my lovely little house which funded the deposit and paid of 10% of the mortgage in the first year, as well as essential refurbs. Luckily, I got a deed of trust to protect this capital investment, as he has now decided this is all too much commitment for him…
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Ownhome mortgage with co-op
I have recently looked into open market homebuy and of the 2 new schemes, ownhome seems the best. I would not be interested in buying a house just yet due to current conditions but thought it might be worth applying early. My only concern is that I am currently on a 12 month contract at work til April 2009. My partner is…
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Into the black...
Hiya, I am a recent Business graduate from Birmingham Uni, and Ive always wanted to get into the financial services industry. Currently more sided to a IFA rather than mortgage advisor, I have been looking at required training, governing bodies, and training institutions. If anyone could give me advice of the best places…
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Mis sold mortgage
I took out a mortgage through a broker who was also a work colleague so I trusted him. I told him to get me a 2 year fixed interest only as I wanted to renovate a property to sell. The broker secured a mortgage through N Rock. 2 years is up and I want to sell but find that the mortgage is not 2 years fixed but 5 year…
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Repossessions
Hi, I was looking at the possibility of buying a house which has been repossessed by a mortgage lender. The idea being I can sell it at a higher price than I bought it for. Does anyone think this is a wise idea, if so, where do i find where these repossessed houses are being sold, Cheers, Mark
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Nationwide balanced fund opt out.
I had been paying into a Nationwide balanced fund for approx 8 years in order to hopefully pay off my 40,000 mortgage. The forecast was showing a potential shortfall of 11,000. I changed to a repayment mortgage but keep paying into the fund for a retirement nestegg. Every year they send me a forecast based on 5% 7% and 9%.…
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Renting Out Property - Current Lender says 'No' - Options?
I'd be interested in any suggestions anyone can give me on this one: Due to the recent house price situation, I am keen to rent out my previous residence, rather than continue trying to sell it in this difficult market. I even have a prospective tenant. The flat is currently worth around £200K, with an £80K mortgage. My…
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Euro mortgages - Good or Bad?
Afternoon All, I was looking into the possibilty of buying a property in France with a Euro mortgage. I live in the UK and am paid in £s. I know that with the Euro's ever increasing strength against the £ it is possible that monthly repayments could increase- and so it is a risk. However with currency brokers offering easy…
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End of fixed rate term query
Hi, my 2 year discounted fixed rate is due to end soon and the lender (IF) has wrote to me to show I will be moving onto their 7.3% SVR. I am unable to call them at the moment as I am in work, but I was wondering if they would let me move onto another fix for say 5 years instead? Is that possible or do I have to stick with…
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Signed up for mortgage and just been made redundant?
Hi I signed up for a mortgae in December and I have just been made redundant with immediate effect. The completion is going to be at the begining of February. What should I do? I have sufficient money to keep me going for a while and family have offered to help. The company I worked for has gone bust. Do the mortgage…
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clearing negative equity with a loan questions
If we needed to clear negative equity of approx 30 -35 grand when we come to sell our house, will the lender have a problem with our shortfall clearance coming from a loan? Do they even have to know where it came from? On the other side now, if we are approaching loan companies/credit union for this shortfall loan , do we…
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Legal Status of a Mortgage Offer?
How legally binding is a mortgage offer, my mortgage company have issued an offer but they are now asking for extra information, is this normal or legal? My circumstance haven't changed and I haven't held back information at any time. I've read a bit on here about mortgage companies duty to Treat Customers Fairly, is this…
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mortgage question
hi was just wondering my mortgage company charge me an anual fee of 25 pounds for not having there insurance products! is this legal? because i know its not bloody fair!!! does anyone else have this isue im curently with mortgages plc. :mad: :mad: :mad: