jpj - I agree it's shocking we are seeing some much worse than that...

Charliegirl - If you are in an IVA I doubt you will be able to get a mortgage for a shared ownership

Charliegirl when you are working out the viability of buying this property, please consider the affordability based on a repayment mortgage and on any reversionary rate, rather than on an interest only mortgage or any fixed or discount period. Also think about falling house prices and check the area...

Hi Debbie, I don't see any reason why not - it's just down the road. It would be nice to see you again. I'm NOT bringing Jamie with me again though after the last fan club saga..

More than frustrating, with lenders and products dropping like flies... Still we all live in hope

Hi Guys... [:D] Still here and do pop in now and again - Sorry Jpj I will give Jamie a kick this morning and get him to contact you ASAP. Just to bring those that are interested, up to date: Leybridge have not fully retracted from the sub prime market and are still fully servicing any applications t...

Notice from Northern Rock today Withdrawal of Together Northern Rock will withdraw the Together mortgage range on Thursday 21 February. Applications for the outgoing Together products will be accepted until 8pm on Thursday All other products remain available and unchanged. Applications for the outgo...

The best advice is to always approach your own lender first. If you are currently on a repayment mortgage, you may be able to switch to interest only from July 2009 for the remaining period of your IVA, to help keep the costs down. Then look to do a remortgage when the equity release clause of the I...

You need to consider the long term affects and implications of releasing equity to pay off, presently unsecured, debt. E.g. the debt would affectively become secured on your property, you may end up paying more over a longer term. In some cases it is a viable solution, but there is a lot to be consi...

Once made bankrupt you may not, without the permission of the court, be a director of a limited company in the United Kingdom. To do so is a criminal offence. You may not act as a manager of a limited company in the United Kingdom or in act in the formation of a company in the United Kingdom during ...

It depends on the lender and when they set their LIBOR rate Most sub prime lenders will review their LIBOR rates 3 monthly, they will pick a date within the month at they will be setting LIBOR for the following 3 months. The relationship between LIBOR and the BOE Base rate was pretty much broken wit...

Bank of England Reduces Bank Rate by 0.25 Percentage Points to 5.25%

In my opinion the program was a pile of croc, they missed the point and failed to deal with the issues and resolutions....

Hi Ellie and welcome to the forum, 5k by anybody’s standards is a sizable deposit, however, unfortunately as you are in an IVA a 5k deposit is 10% of 50k and only 15% of 16.6k - I am not sure what amount you are looking to borrow, but I'm sure it's probably more than that. To obtain a mortgage whils...

The rate you can obtain, depend entirely on your personal situation. Without all your specific details it is impossible to say whether this is a good deal or not.

Repossession action could be taken after one missed payment, it really does depend on which lender you are with. I would suggest you speak with your lender ASAP, they may agree to a small overpayment each month to make up your arrears. Any missed payment will affect your ability to remortgage, espec...