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Quick Question? Selling house solicitor asking for mortgage account number
Hi just a quick question. I ordered my Hip through HIP4U and the referred me to a solicitors which I am using. I have a buyer so we need to move quickly. THe solicitor has asked for my mortgage account number so they can get a final figure for my mortgage. Is this normal? I thought i could just ask for the figure and pass…
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notice to LL, she is expecting 2 months we want to give 1 month
We have been renting a property since 1st of June 2008. We originally signed a 6 month agreement; we were offered another 6 month agreement in December but declined stating we would be happy with a periodic agreement. One of the clauses in the original agreement is that we would have to give 2 months notice should we wish…
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How long should the gap between exchange and completion?
Sellers are keen to exchange as soon as possible and then complete in three weeks times. Their reason is their rented accomodation will not be available for another three times. I am thinking once I exchange, there is no guarantee they will complete in three weeks time. If my solicitor at exhange gives a date for…
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FTB Mortgage Calculator Query
I am saving up for a house deposit. I have about 18k saved up at the moment and save at least £500 per month. I have a car loan, at 0% with about 8k left to pay, over 2.5 years. I pay £248 per month for this. Halifax Mortgage Calculator says they would lend me roughly 30k more, if I didnt have any monthly credit…
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Renting out my House while studying (and renting) in Cambridge
Hi I will be studying for 1 year from September in Cambridge. I am married and co-own my existing house in London with my wife. We wish to rent out our house in London while living in Cambridge for a year. We will rent a house in Cambridge. On the surface, the rental income we receive from the London house will match the…
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How can I get a better mortgage offer?
Hi, I'm a mature student and have just sold my flat and about to buy a new one. However as I am a student I can only get very limited buy to let mortgage deals through brokers. I am wondering if it's possible for me to say I am buying with my father and use his salary to help me get a residential mortgage deal instead? I…
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FTB questions?
Hi just a few questions When your offer is accepted does the property then become "sold stc" and can other people put in offers once yours has been accepted? Thanks
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Gazumped in 30 minutes!
Hi all, I had an offer for a flat accepted today - it was my fourth offer and I offered the vendor what they needed to clear their mortgage (£196k) on the condition that it was removed from the market and all viewings were cancelled. The EA phoned me to say my offer had been accepted, which left me delighted. Within half…
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renting when on mortgage, costs?
Have read lots of threads but none actually point out the cost affect. The situation we are in is that I may have chance to move to a better job, dont want to sell our house in the current market climate and would be renting a house where we move to. This hasn't happened yet and problems may put me off doing it but.... I…
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Just about to complete - solicitor says 'bankruptcy search reveals.....'
Hi all, We have just exchanged on our first house and are due to complete next Tuesday. Our solicitor emailed today and said "I have done a bankruptcy search which reveals a number of entries against your names.Will send a copy for clarification." Argh! What does this mean?? The office is closed now so cannot find out…
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Survey shows up previous subsidence
Hi All, really grateful for some thoughts on this please and apolgies for the long post. We are purchasing a property and recently got the survey back which gives some details of previous subsidence on the extension to the house which was fixed some years ago (claim settled in 2003). We're not overly concerned about there…
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how long to pack?
I was wondering how long people have taken to pack up a 3 bedroom house - attic half full? can it be done in a day?
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Can I use savings as a deposit when I remortgage
Stupid question, can I use savings as a deposit if I choose to re mortgage or move home? I am currently saving my way out of negative equity by mortgage overpayments and building up cash savings and I want to be able to use the cash savings as a deposit when I move house, as if it were my first home. In theory it should be…
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NI House sold prices
I can find the prices that houses in a particular region or street in England have sold for, but can't find anything like this for northern Ireland, is there any websites that will give me an idea of sold prices in Northern Ireland? Thanks, Plum
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Question about "Meets L.I.F.T Criteria"
Hi all "Meets L.I.F.T Criteria" Just noticed this in our local paper when looking at properties. Does anyone know what this means? On properties advertised in Scotland. Thanks
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Legal fees still payable even if mortgage is declined?
Hi all, Brief overview: I'm buying my first flat, it's a 75%/25% shared equite mortgage through Halifax. I got my AIP 7 weeks ago but due to various things I'm still waiting for my full offer. Halifax keep coming back asking for more information and the financial advisors that have been dealing with it have been slow at…
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Help, bad mortgage advice leads to lender withdrawing mortgage!
Can anyone help with advice on what to do in this case. We were getting ready to exchange contracts with in 5 days and were waiting for our mortgage offer to be sent through having sat down with the lenders advisor on 3 occasions for 2 and a half hours at a time, now due to a mistake they are withdrawing the offer and…
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Dilemma??
I have a dilemma and was just after a bit of a sounding board really. We have been looking for a house for about 4 months now and about 2 months ago we put an offer on 1 that needed a lot of work doing. Our offer (cash no mortgage, 28 day completion, £175k) was rejected and the house was sold subject to contract (mortgage,…
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In the current market
Would you let someone view your house who isn't in a position to proceed? My EA has just phoned me to arrange a viewing for a prospective purchasor whose own house is for sale.
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Indemnity policy
I have had a search through the forums but i am still a little lost with regards if we actually need a indemnity policy. We are at the last leg of buying a house (first time buyers) and the solicitors have rang us up and said that we should look at getting a indemnity policy because the house we are buying has had work…
