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Advice on Mortgages and Best Deals out there?
Hi there, My situation is this: I am awaiting completion of a new build property in November, purchase price £212,000 - deposit paid £22,000. Mortgage required 90% (£190,000). I'd like to get the ball rolling with a 6 month mortgage offer and have been looking at a few deals currently on the market i.e. HSBC 2 Year…
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Interest Rates?
Do you think the mortgage payment interest rates will go down again soon?
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FTB 75% mortgage advice
Hi, My partner and i are looking for a little advice. We live in the South East and have seen some offers from nearby new build sites for us to own 100% of the property and pay 75% of the price. The other 25% would be payable upon sale or after 10 years, as 25% of the current value. What we can't work out is whether this…
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Help Coming To The End Of My Fixed Rate ,what Now ?
Hi Everyone Hope You Can Give Me Some Advice . Me And My Wife Are Coming To The End Of Our Fixed Rate Of 4.79% With Cheltenham And Glos At The End Of September. What Is Our Next Step We Are In A Good Position In That The House Is Worth Around 200,000 And The Mortgage Is For 118000 But Its Still Over 25 Years. Advice Would…
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endowment help
Please could someone help, my husband had an endowment policy 10 years ago with an ex girlfriend who he no longer knows where she lives the company have told him he cannot cash it in without her signature, I was wondering if any one knows a way round this, she only lived with him for 3 months after taking the endowment.…
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Valuations affecting remortgage
Hi Everyone, I'm remortgaging and was wondering what experience people had in terms of what valuations were given on their homes related to their expectations of the value of their house? Have valuers knocked down and if so, by how much? We bought our house for £190,500 in October 2006, we've been up for sale since last…
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How safe is an offset mortgage account?
Hi, I don't know if someone out there might help me with this little dilemma. My father recently died leaving me an inheritamce of almost exactly the same as my mortgage (£120k). Anticipating this I recently changed my mortgage to a good deal that one of the smaller building societies was offering. Part of the deal was an…
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mortgage virgin...worried...need advice!
I bought my first house almost two years ago now and I have a fixed rate mortgage for a two year term. The cost was £125,000 and it is now worth around £135,000. I have a professional persons mortgage (I am a teacher)with Scottish Widdows. It is solely in my name. I am worried that when I go to remortgage in November that…
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How safe is an offset mortgage account?
Hi, I don't know if someone out there might help me with this little dilemma. My father recently died leaving me an inheritamce of almost exactly the same as my mortgage (£120k). Anticipating this I recently changed my mortgage to a good deal that one of the smaller building societies was offering. Part of the deal was an…
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How safe is an offset mortgage account?
Hi, I don't know if someone out there might help me with this little dilemma. My father recently died leaving me an inheritamce of almost exactly the same as my mortgage (£120k). Anticipating this I recently changed my mortgage to a good deal that one of the smaller building societies was offering. Part of the deal was an…
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Quick Mortgage question!
I currently have a mortgage on my house which is split in to two part by our mortgage supplier due to the fact that we moved house last year and borrowed additional money to pay for the move! Half of our mortgage deal runs out shortly and our current mortgage providers new rates are completely uncompetative. So i was…
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Woolwich Mortgage Reserve Account
Well....you do your best....and what happens? They sent out the letters in March advising if you did nothing they'd reduce your limit. I sent mine back, stating my preference to keep it with a provision that it will increase over time and I phoned to advise the letter was on its way. Today they reduced my limit to a silly…
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Retirement remortgage...
My parents own a house recently valued at £160,000 and have an outstanding mortgage with the Halifax for £46,000. They want to remortgage for £90,000 to release £44,000 equity but Halifax won't give more than £82,000 at 2% over base, based on their age and income. Anyone likely to offer the £90,000? Thanks...
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F.O.S. one year on !
Financial Ombudsman Service have taken nearly a year to inform me that in there opinion my claim against my pension provider will not be taken up by them, the facts are as follows 1982 took out a pension 1983/84 added another two pensions to add to the 82 one to provide a cash payout off £30000 when I am 65 [25% tax free…
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Capital Repayment Adminstration Charge
does all mortgage provider charges admin charge for capital repayment ? My provider has recently strated charging me ?? Any info will be useful. Thanks
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Adminstrative charge on Capital Repayment
My mortgage provider has started charging me £10 for every capital repayment i do. is this normal ???
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NR Together - int rates going up but monthly payments going down - can NE1 explain
I have a NR together mortgage - current outstanding Interest only- £75,776 Repayment - £110,391 Loan - £17,403 All at 5.89% until 27/11/08 Monthly repayments £1615 on mortgage (int only and repayment) and £143 on Loan payments - total £1758 According to online statement from 01/12/08 with current SVR of 7.49%:- Interest…
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Formula to work out repayments
I can't believe that I am asking this, but I can't work out how much our repayments will be when our mortgage deal comes to an end shortly ... Value of mortgage at time of deal end £ 70,835.00 SVR is presently 7.24% We want the term to be 23y2m. Please can someone tell me what the formula is to work it out how much our…
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Endowment - Cash in or Keep it going ??
:confused: Can any of you kind , learned people give me some advice as to whether I should cash in my endowment or keep going with it? I've read similar posts on here so I think I know what info I need to post, so here goes : £111,000 o/s mortgage on life time tracker (0.24% over bank of England base) left on mortgage.…
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Unit Linked Endowmnet - some help pls
I would like to pose a a question to the wider field of experts around - we have a unit linked endowment policy which snice 1996 have been paying in £60.00 per month and have been having a reevulation of matters financial and do not consider it worth while to increase the payments by double per month to £120.00 in order…