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help with costs - help!
Hi New here and need urgent help... Am in the process of changing mortgage after our 2 year fixed rate has now ended. The solicitors acting on behalf of our new lenders (C&G) have sent through the total repayment amount, which includes a £1000 "help with costs" fee from our inital lender (NR), which was not mentioned in…
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Housing Association, Mortgage & Defaults - Help
Hi Everyone I am looking at getting a mortgage around 2010 (yes I know its a long way off) but my question really relates to 2 defaults that will still be on my credit file at that time (both will be satisfied and have around 3/4 years to run :rolleyes: ). I will more than likely (unless house prices fall by 1/2) be…
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anyone help?...
Does anyone know a mortgage lending who would take into consideration my familly tax credits/maintanence and child benefit when working out how much I can borrow?...I have 30k to put towards a property.I want to buy a property for about 130k ie requiring a mortg of 100k but only earn 17,000 plus 6,700ftc/maint/child benef…
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can someone tell me what this means?
other fees: "legal fees are payable to your solicitor for acting on behalf of britannia, and are usually payable at the time your mortgage completes (non refundable) the figure quoted is an estimate and is only part of the cost of the conveyancing work and should ask your solicitor for full details." Hi, I have been…
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Failed Remortgage?
Bloody liberty! I have just been refused a Northern Rock remortgage. Thought I had better check my credit rating to see if there was anything on there that I didn't know about. Looked up my file on Equifax and had a reasonable score of 430 - which places me in the Good catagory. I was surprised that didn't score higher as…
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Mortgage Acceptance
I've just applied for a mortgage and they are sending the forms out to sign and send back along with a countersigned copy of my passport and payslips/bank statements etc. I've had to pay £380 valuation fee up front after they checked my credit history and passed it with no problems. At this stage, should everything just go…
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Remortgaging from Abbey Flexi Plus?
Hello, My current mortgage is an Abbey Flexi Plus which tracks 0.49% above the base rate. In an ideal world I would like to keep this but I need to be able to access funds readily at an undetermined date in the future. To meet my needs I have asked for a mortgage that has a drawdown facility attached. I would like to be…
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Mortgage retirement dilema
I have a endowment motgage which ends 2010. I retire next year and had thought about paying off my mortgage with part of my lump sum. Mortgage is £17,000. I have heard that it may be better to invest lump sum in a high interest account and continue with mortgage. At the moment the shortfall is about £1000. Any advice…
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to cashin or not?
Hello Currently we are juggling a £600-£800 overdraft and have £5'500 on the credit cards, (it crept up a few big expenses, failed transmission in the car, failed propshaft) we have an endowment policy that has been running for approx 15 years with 10 to go its worth £8'200 cashed (we have tried to sell it but the first…
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Payment Holiday Refused...Help!
I really need a payment holiday on my mortgage as my husband has been made redundant with no payout and I have just finished work on Maternity leave. I am with Nationwide but because I am at 90% LTV they won't let me have a holiday. I am desperate what do I do?? Switching to interest only only saves me £100 per month,…
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Mortgage deal ending soon
Hi I'm new to this. I have a mortgage with yorkshire building society and come out of the fixed rate in may next year, My partner has an IVA and so is not currently on the mortgage. His IVA will finish in february. I am worried about the mortgage as my salary has dropped considerably and so may need my partner to go on the…
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Fixed rate deal ending soon. Help
Hi My fixed rate of 4.98% is due to end in December. I would like to know what to do now and how I go about re-mortgaging. My current deal is with the Halifax and I have looked their website but the rates are considerably more than my current rate. What do I do now, can anyone advise me please. My property is worth around…
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Buying a repossessed property - advice
A bit of help please...We did our mortgage online with Nationwide, got a decision in Principle. Then put in our offer for the house which was accepted. The same day that our offer was accepted, we did the full application online. Our estate agents rang and said that we needed to go in and see the adviser to make sure we…
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Mortgage Decision in Principle- do I pay for this?
Evening all, I would really appreciate a bit of advice as I seem to be getting confused even at the first hurdle of the mortgage world. I am a first time buyer (key worker). The estate agent offered to arrange a mortgage decision in principle. Sorry I have so many questions, I'll just list them! - Is this mortgage decision…
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Mortages and new build incentives ???
Hi, We are looking to buy a house and would like to take advantage of the incentives currently on offer with the new builds. Obviously the interest rates at the moment are not great but can anyone advise how much a lender would accept as part of your deposit? For instance, We have been able to get 25% off the purchase…
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Remortgage or mortgage advice needed
I have a house worth about £320000 with a mortgage of 40000. I need to buy a new house due to relocation. I put the house on the market but hardly any viewers so I intend to hold on to it and rent out for about £1100pm. My salary is £47,200pa and I want to buy a house worth about £190000, so total mortgage(s) will be about…
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Stuck between a rock and a hard place :0(
Not sure that anyone can help but just here to gte it off my chest. After applying for the Post Office self-cert 85% LTV remortgage, we were turned down today as the CC debts we have are too high for them to risk, even though we were going to pay them all off and the extra mortgage payment would have been a quarter of what…
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shound i complain
:confused: Hi when I retook out my mortgage with northern rock two years ago (was on really low rate of 1.99) I got whacked with £7,000 ERC(which I half knew about but wasn't properly explained) - My complaint is that they didn't make it clear that if stayed with the variable rate (£100 more each month) that would be less…
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do you think i sould haggle on price of new build?
hi there any help or advice would be much appreciated. I am looking at purchasing a new build property however i feel that with the current market that the asking price is a bit too high. going into the sales office tomorrow & looking to see about haggling a 10% discount, what do you think to this?any chance? due to the…
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What term for fixed term?
Hi I'm in the process of remortgaging and am going for fixed term, that much is decided.... but don't know how long to go for. The rates are obviously higher at the moment so I feel loathed to go for a 5 year when they could come down in year or two.....but what if I go for 2 year and they just keep going up and up! I know…