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Remortgage advice needed please
Hello there We are with Abbey for our mortgage and have been renovating our old house for a year - our mortgage for this property started in January last year. Thinking we couldnt apply to borrow more money until we had had the mortgage for a year we have been putting our renovation costs on credit cards with a view to…
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Remortgage or new mortgage
A relative of mine is splitting from his partner and the house is being sold. He will end up with about £40,000, and would like to stay a property owner. I am considering buying a house with him, he will put in his capital and I will fund the other £40,000. Am I better raising the money for my part by re-mortgaging my…
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remortgaging advice
I've posted on the mortgage free site but i need some advice on it . I'm now remortgaging at 5.84% its a discount rate for the remainder of the term so here's the figures house value £150k remortgage £64000 interest only £35000 repayment £29000 8 year term until endownment matures but want to make overpayments to reduce…
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Do I need mortgage and income protection
I'm new to this so please be patient with me. What is the difference between mortgage and income protection and do i need both. I work in Local Government with a descent sickness policy first 6 months full pay, second 6 months half pay. Thanks nevherod
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Court order for maintenance?
Trying to get my debt down (!) salary up (!!) and multiples working (!!!). My income up to now has been a little bit paye, the majority contract work, and the rest in child maintenance. In mortgage terms, therefore, I can get about £17,000!! Hence our mortgage multiples being worked out on my partner's income! I've now…
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BTL mortgage ltd company
Does anyone know of any mortgage providers who lend to Ltd companies. What are their rates and the LTV they normally expect?
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First Direct 1% discount - new customers only - not fair!
I have an offset mortgage with First Direct. Between now and February, First Direct are offering a 1% discount off their Standard variable rate, which actually means that it will match the BoE Base Rate. So I called them, and asked to change my mortgage to the new rate, but they said it was only available if I buy another…
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Remortgage - Any advise welcome!!
I would really appreciate any advise anyone could give me on remortgaging. my current fixed rate is up in March (4.98%) i've spoken to Abbey who i am currently with and the best deal thay can give me is 6.65 % for £45 k (house is worth about £165k). i think i can get a much better deal with Nationwide but am unsure how to…
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Remortgage and loan
Hi any advice would be greatly appreciated! Our fixed rate mortgage is soon due up, 4.89% currently. We now owe 83 000, our house is worth 160 000. We are unsure of how to get best deal, shall we fix for a shorter or longer term and is fixed or tracker best? We also want to borrow 7000, and wondered whether we should get…
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Do you want help in reclaiming your mortgage exit fees?
Hi all We are looking for people to come on Martin's new TV programme, It Pays To Watch, this Wednesday afternoon (9th at 2pm ish) to show them how easy it is to get a refund of Mortgage Exit Fees (the fee for moving or closing your mortgage). So if you fancy being on TV, can get to London and have moved or paid off your…
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Remortgage Due & Bad Credit History
Hi I need some advice if anyone can help. Im coming to the end of my 3year fixed rate deal with my current lender and was wondering because I have such a bad credit rating is it worth switching lenders or staying with my current lender. I have a mortage of £116000 and currently pay £645 a month with my dad as my guartentor…
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Will I be able to get a Mortgage??
Hi everyone, I'm new to posting on this board but have been a lurker for sometime. My husband and I have recently decided we would like to buy a house in 2010. Currently I haven't got a very good credit report (late payments etc) but have decided to clear all my debts in the next 18 months and try to improve my credit…
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first time investor/buyer
i am currently self employed and have a small business performing all building works for residential properties.i am registered will a couple of websites and used to take a lot of jobs via them.One to mention is www.ratedtradesmen.com. My partner is a full time student and also is working on a low income as a sales…
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any cashback sites for a mortgage ?
hello, is there any site like quidco which will give a cashback for a successful mortgage application ? thanks maveli
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Not totally sure this is the right place but help please!!
The last message I wrote didn’t seem to post so I am hoping this one will work. I lost everything that I typed so hopefully I can remember everything. Firstly, my situation is that I am married with 2 children. We have many debts so have moved in with my parents which is cosy!! We have a house which we are renting out at…
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Mortgage Wannabe
Firstly can I apoligies if this is in the wrong section. Secondly, id like a little advice from all you wonderful people, ive been browsing these boards for a long time but never registered (like alot of people i imagine) but I took the plunge and was hoping for some advice on a mortgage, or if I can get one........…
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Mortgage to savings ratio
Is there some sort of ratio your should maintain between level of savings and size of mortgage?:confused: For instance is it wise to have an £80k mortgage and £40k savings. Based on the theory that mortgage interest is greater than savings interest. It's probably a question of how much savings do you need in case of a…
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Can anyone help my friend escape????
A mate of mine has recently gone through a split with his missus. They recently completed a re-mortgage in which they consolidated a number of her debts into a joint mortgage - the mortgage was previously soley his. They split up a couple of months later and are yet to do anything about the mortgage. Halifax have already…
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remortgage to get debts in one place?
hi everyone, i got my first mortgage 7 months ago and have been spending a lot doing the place up, all in all i now owe around 14,000 most of which is on a secured loan (i had to go down the secured route as i am only 20 and couldnt get unsecured and even though the interest rate is hideous....14% it was still a bit…
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Re-mortgaging with arrears
We bought our first home 18 months ago and the last 6 months we have accrued arrears due to DH's redundancy. Our current deal (4.59% fixed) ends in the summer. Judging by our current finances we wont be able to pay off all / much of the arrears before then (we're planning to sell all our old clothes and clutter but its not…