Advantages: good for 1st time buyers Disadvantages: did not offer a good rate after fixed term ended, overcharge customers
*This is the second review I posted on Ciao and have edited it as it needed more information and an update*
For the purpose of this review I am writing about my experience of having a mortgage with Halifax and am not reviewing Halifax and it?s services as a whole. I am very much aware that for some they have had a great experience with them, but for me after being a loyal customer for such a long time. I felt that they had let me down and recently I realised that I had overpaid when my mortgage came to an end and successfully received a refund from them.
Halifax is a leading building society and has been providing mortgages for many years. I had been a customer of Halifax for over 10 years as my parents insisted when I was younger that I had a Building Society savings account (at the time it was the Little Extra Club) so that ...
sweetdaisy 21.10.2006 (19.08.2007)
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Ciao members have rated this review on average: very helpful Review of Halifax Mortgages
Advantages: Not many unless you like parting with ££££ Disadvantages: Loads of errors, poor communication
We have just terminated our Mortgage with Mortgages Plc at the end of our one year fixed deal.
We had to go down the route of self certification as my partner had a job which paid heavily on commission, making it difficult for a high street lender to give us anything more than 65% loan to value. We went through a broker and he came up with a deal through Advantage Home Loans, a sub company of Mortgages PLC. The deal itself was OK, we had expected a higher rate for self cert candidates, it tied us in for 1 year.
We thought the quote was good enough to continue with and we propmptly found a place and put an offer in, we got a quote again for the amouts we would be paying per month from Mortgages Plc, the quote seemed fine, we could afford it and it set out their charges which they informed us could be added to our final loan amount ...
memphisto_chick 12.02.2006
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Ciao members have rated this review on average: very helpful Review of Mortgages Plc
Advantages: none Disadvantages: very expensive and our always delaying by 2 months plus ? joining they interest rate drop
hi every one heres the snag iv got 2 mortgages kensington & capital home loans kensingtons mortgage £233.000 im paying £833 a month capital home loans £296. 500 im paying £433.00 a month im also in a tied in for 3 years with kensington wich ends in december thank god £14000 charge if id of sold before my 3 year contract ended as plus they dont allow you un der no circumstances to be able to draw down off your property no matter how much equity you.v got also there lack off comunication . so in a nut shell big deposit ? high rates compared to other lenders? impossible to draw down ? and if you should lose your job ,and youv built a lovley extension on your house your shnucked, they cant even get repossetion prices.{1} my advice dont go self cert .{ 2} if you.v got a big deposit keep hold off it and rent why 'buying is dead money ...
