Comments for Mortgage Advice

Comment on Northern Rock and Remortgaging by Gill Waldron

Gill Waldron — Tue, 12 Jan 2010 13:06:32 +0000

I have been trying to purchase a property in Cambridgeshire from a Northern Rock mortgage holder, they are the only reason we are still waiting to exchange contracts after nearly 6 months, they refuse to speak to the vendors solicitor who has given his authority for this to take place and try and speed things up. The reason for the delay appears to be the loan to value is in minus, the vendor can only market the property at the going rate and I have offered almost the full asking price, which was accepted in Aug09. They are now threatening to repossess the property, why? The vendor has secured a sale SSTC, no wonder Northern Rock have problems if this is the way they treat their Customers, the vendor is trying his best to get this sorted out, but Northern Rock are not assisting him in any way.

Comment on Effects of the Mortgage Crisis by Cihangir Odabas

Cihangir Odabas — Sat, 01 Nov 2008 21:06:26 +0000

Thanks for explanations

Comment on Best Flexible Mortgages by Dave Pulsford

Dave Pulsford — Sat, 19 Apr 2008 12:48:35 +0000

Flexible mortgages can be ideal for the self employed if income is erratic. But as always affordability is the main issue.

Comment on 10 Mortgage Tips for Saving Money by Effects of the Mortgage Crisis | Mortgage Advice

Effects of the Mortgage Crisis | Mortgage Advice — Mon, 03 Mar 2008 13:57:32 +0000

[...] 10 Mortgage tips for saving money featured at Carnival of personal finance [...]

Comment on 10 Mortgage Tips for Saving Money by Carnival of Personal Finance #142 - The Homeless Edition — The Baglady

Carnival of Personal Finance #142 - The Homeless Edition — The Baglady — Mon, 03 Mar 2008 07:53:29 +0000

[...] T.Pettinger from Mortgage Advice gives us some common sense tips for saving money on a mortgage 10 Mortgage Tips for Saving Money. [...]

Comment on Best Savings Rates in UK by Early Repayment Charges on Mortgages | Mortgage Advice

Early Repayment Charges on Mortgages | Mortgage Advice — Wed, 27 Feb 2008 18:32:59 +0000

[...] Unfortunately, many people take out mortgage with hefty early repayment charges. If this is the case there is little that you can do about it. With the high penalties, it is usually best just to see the agreement out. For example, a standard Woolwich mortgage charges 6 months interest at the prevailing standard variable rate; this could easily be several thousand pounds. Rather than paying off a mortgage early and facing the penalty, use the money to invest in an alternative saving scheme. (see best saving rates here) [...]

Comment on Faster Mortgage payments by Best Flexible Mortgages | Mortgage Advice

Best Flexible Mortgages | Mortgage Advice — Mon, 25 Feb 2008 11:12:45 +0000

[...] Overpayment. This option allows you to make an overpayment, either as a lump sum or regular payment. This can be more beneficial than saving into a current account. The interest on a loan is greater than in a savings account. These overpayments can be used to pay off your mortgage quicker of they can also be used to build up an overpayment fund which will finance future periods of underpayment. Making faster mortgage payments [...]

Comment on Top 10 Mortgage Lenders by How Much Can I borrow for a Mortgage? | Mortgage Advice

How Much Can I borrow for a Mortgage? | Mortgage Advice — Tue, 19 Feb 2008 09:05:40 +0000

[...] Top 10 Mortgage Lenders [...]

Comment on How to Pay off your Mortgage Early by PH from Bad Credit Remortgage

PH from Bad Credit Remortgage — Mon, 11 Feb 2008 23:57:36 +0000

Yeah, fully agree with this one. We are seeing more and more applicants looking to use a remortgage to consolidate debts. The interest rates between a secured loan and a remortgage can be significnat over a long period and applicants can save £1,000’s in interest rates. However, we always advise applicants that debt consoldiation isn’t always the best route to take it appears that heavy marketing on TV and in the papers has left people feeling that debt consolidation using a remortgage is the answer to all their problems. Could be just the start if you ask me!

Comment on Forecast for UK Interest Rates by Predictions for Mortgage Interest Rates | Mortgage Advice

Predictions for Mortgage Interest Rates | Mortgage Advice — Wed, 06 Feb 2008 18:33:42 +0000

[...] Forecast for UK interest rates 2008 [...]