Ask the mortgage experts
At John Charcol, we are constantly asked for advice by borrowers on what they should do when it comes to mortgages. As such, we created this section so that you can submit your questions to our experts. The answers are provided by a team of experts, led by our in house mortgage technical manager, Simon Collins, who has spent the last 10 years helping our consultants to place mortgage applications.
Please be aware that these answers can only be generic and no personal recommendations can be made.
We are on a 2% above base mortgage with Nationwide after coming off a fixed deal a while ago. We were lucky and secured our deal before they removed this 2% above BR promise. I have been made aware that 5 yr fixed rates are now...
Hi, We want to purchase a 2nd home for £375K which has been accepted. We want to put down approx. £50K and borrow the rest. Our annual income is over £200K. I am self employed and my wife is employed. Our mortgage for our main...
We are 42 can we get a 25 year mortgage we have £20,000 savings and have £40,000 joint income with no debts we are both employed what would be the best mortgage to go for?
Would you fix your mortgage before the budget or after the budget or does it matter?
Hi, We're currently coming to the end of our 2 year fixed rate (2.89%) with YBS. We're interested in a five year fixed (4.39%) with YBS on a £200k mortgage (23yrs to go) for the peace of mind and the fact that we have a 1 year...
My son has two houses .His first house has a mortgage on it His second house is paid for his mortgage company no longer want mortgage customers and have written to him saying if he does not go to a new company he will have to go...
I have a 3.99% 3yr fix of £550k that expires next June (2013). It has a 3% break fee so I can't really break it. I am looking for a 'forward fix' product that will allow me to essentially extend the fixed rate period at current...
I am currently on a SVR of 2.79% with my mortgage. I am paying 1/3 capital repayment and 2/3 interest only. I have £130,000 outstanding. I am now wishing to have a mortgage which is all capital repayment. I have been offered...
My fixed rate mortgage with Nationwide is coming to an end should I fix again or change to a variable rate
My 2 year fix is coming to the end @ 3.79% with Nationwide. They have offered me a new 3 year fix @ 3.49% or 5 year fix @ 3.79% with no fees apart from ERC of 5%. or they have a Tracker @ 2.59% above base for 3 years @ present...
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