Offset vs overpayment for future house move?
We have a house worth about £100k and our Mortgage balanceis 85k. I am looking to invest about £2600 a month into the mortgage(basic payment is £460), either as over payments or into the offset. We...
View ArticleSuccess stories after +6year CRA issues
As the title suggests really are there any success stories from people who have had defaults / ccj's drop off their account after 6 years who have successfully got a mortgage after this date ?
View ArticlePurchase price - Vendor paying 5%
Hi there I am about to exchange on a property, the purchase price is £175995 , Taylor Wimpey are paying 5% ,I have 15%, so HSBC have given me a mortgage of £140795. The Valuation came in at £167195...
View ArticleMortgage advise - applying for a second
Hello, I hope someone can help - I have been reading this forum for a while now for advice! My partner and I are looking to buy a home for ourselves. I currently have a flat with £49,000 left to pay...
View ArticleFirst Time buyer - no deposit
Hi All, after some advice please, please bear with me as its not straight forward! I am buying a plot of land from my parents which is adjacent to there house with permission to convert it into a 1 bed...
View ArticleConsent to Let - Problems with Deeds
Hi guy, looking for some advice. I have a flat I'm considering letting out. It's a nice flat and should hopefully attract a rate which would just cover my mortgage payments; in other words I won't be...
View ArticleAny single parent MFW Diaries I can read?
As the title says, I am looking for some inspiration.(SP?) I am a single parent with two young children but would like to over pay my mortgage, even if just a little. Wondered if there are others in a...
View ArticleGetting out of joint mortgage.
Hey guys. Am new here, so please go easy on me if i'm doing anything wrong. In june 2010 myself and my best mate decided to go in together, for various reasons, to buy a house. I told him last month...
View ArticleRight to Buy flat in Towerblock
Hello I am considering buying my housing association flat for £13,500. Market value £37,500. I would like a mortgage of £10,000 for 5 years and am 66yrs old. Am I likely to get one? Reasonable income,...
View ArticleIs this possible
I want to buy a house this year and have a query, my bank will give up to £130k mortgage, I have a little money saved up for fees etc but as for a deposit that would take me 5+ years to save up Is it...
View Articleneed an experienced person advice
i am 24 year old, thinking of buying a terrace house here in NI in a small town. looked at the prices, they are arround £40k i have over 50% of savings, and thinking to pay 50%as deposit and the rest...
View Articleextreme frugality till mortgage debt is gone ..three years to go!
im on a journey for three years starting today to get rid of £90 k of mortgage debt...:eek: so only buying whts needed and then only if i havent got anything i can replace it with at home..slashing the...
View Articleoffset mortgage
Ok I am well confused,We have an offset mortgage with 8 years left to run,we originally borrowed £66k which is now down to £62K as we have been overpaying,as well as offsetting,it is at 3% and the...
View ArticleAdult kids buying into equity of our house?
We find ourselves in our late 50s with two houses and two mortgages - not ideal, but the down side risk is covered. We have about 70% equity in House A, and a repayment mortgage on the other 30% that...
View ArticleHelp - First time buyers
Greetings all. Myself and my Wife have found a new build property we wish to buy. We are both young, and have taken 2 years to save the £13,000 deposit. We have visited a broker that has shown us a...
View ArticleBuy to let mortgage
I want to move location (London) and have been offered a better job, but it is a one-year contract job. After this ends I will need to start job hunting for a permanent position. I need to re-arrange...
View ArticleMortgage with old default
Hi, I am looking for advice on buying a home. I have 2 defaults from 2007 totaling £5000 from when i was a student. I am not asked or threatened about these anymore but they show up on my credit...
View Articlemortgage career - question
Hi guys, in the past I have had some excellent advice from here in particular from Holly and others! I have Just a quick question in regards to the industry in relation to the current economic...
View ArticleInterest Only Mortgage
Hi Guys, I have an interest only mortgage and I'm looking at savings plans to raise the capital in 20 years time. I've been looking at a regular long term savinings plan yileding 3% pa. Is this the...
View ArticleMortgage renewal a d life changes
Hi all, Our mortgage is up for renewal in Sept 13 and already starting to prepar ourselves to ensure we are able to get the best deal if going from fixed rate to variable rate is not the best.......
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