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Pay this mortgage off, then get another one later?
Hello all I hope to pay my mortgage off in 2 months time. But it's only a small house. In the future when we move I will then require another mortgage. Would I be classed as a first time buyer again? Can I get access to all the same mortgage products later when we move? Is there anything to stop me paying this mortgage off…
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Opinions please
I currently live with my partner and young son. His parents are splitting up. His dad has said that he would accept ten grand to sign the house over to his mum. She has since found out that he has registered debts against the house (at present eight grand). We were thinking of selling our house, paying everything off his…
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Is it worth it????
HiI have a fixed rate mortgage of £150k at 4.99% fixed for 5 years expires 31/10/11 I just wondered if making a extra £30-£50 per month would make a difference at all it would be a stretch but could budget to it if it will be worth it, any advice apprechiated Nicola
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Why MFW? I haven't finished borrowing yet...
Please can someone explain to me why it would be better to pay off our mortgage than it would to increase it to buy another property (abroad) for our retirement? OK, Borrow more = 2 properties and higher payments for the next 10 years. Yes, I know this could be building our savings! But at the end of it, we sell where we…
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Bank takes 2 initial mortgage payments
Answered my own question. Edited Message to Delete.
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Mortgage help please?
Hello. Not a mortgage free question unfortunately but I’m hoping someone could give some advice regarding my current mortgage situation. I really don’t know that much about mortgages but I am looking to educate myself. The background – my partner and I bought our first home 2 years ago costing 130k. We had no deposit so…
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trying to get prepared - any help!
Hi all, I don't often pop over here, mainly because my unsecured debt is what is more pressing at the moment, and as you can see from the signature is coming down nicely. However, what has prompted me this morning is that I have had my annual mortgage statement and I wonder if you could give me some help please? I took out…
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Want to sell up, have endowment and loans, any advice!??
Hi we are thinking of moving house- we have an endowment of £150 mth and mortgage of £150 month, the house is worth 85-90k we also have debts of £1000 mth, we want to move to a better area and believe if the endowment will cover our loans and house repayment it will be possible and we would be better off we are currently…
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Re mortgaged should i over pay?
Hi all I have just taken out a new mortgage deal. fixed for 5 years. After speaking to an independant financial Advisor i asked him if i should overpay my mortgage by £100 a month. He said i should stick the £100 a month in an ISA as it would earn me more cash. But having read some of the posts and articles on this site i…
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nice simple spreadsheet??
sorry if this has been done to death but i did do a quick search and counldnt find what i was looking for. to start off with i'm not technical minded, i just about kow what i need to now about computers so if i'm asking the impossible feel free to say so. i'm looking for a spread sheeet that i can show use to display my…
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Are they telling the truth?
I called my mortgage company today ( The Abbey ) and asked to pay £50 capital repayment. They said did I want the monthly direct debit or term reduced. I said term and they said they coulnd't take the payment unless it was a full month to reduce the term by, so I said well take it off the direct debit but she said it would…
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Alomost Ready To Join You!
we will hopefully be moving into our new house v.soon! mortgage is much bigger than we have now, but we are in the very fortunate position of being able to clear the few debts we have and we will be starting afresh. not sure at the mo what we will be able to over pay until we get settled in and know what our monthly out…
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Surprise from solicitors!
We bought or house in May 2005 but had an 8 week gap between selling our flat and buying our house. We had got 90% of the way through buying another property and it all fell through so we got out of the flat before we lost our purchaser. The solicitors were a nightmare and were actually dropped by the estate agent who used…
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I've Done It!! I'm Finally Mortgage-free
At last, after 6 years of hard work & determination, I'm finally there! Yesterday, I made my final mortgage payment to the bank and am now officially 'mortgage-free'. Yipppppeeeeeeeeee!!! :j :j :j :j :j It feels [strike]pretty[/strike] very good to finally add my own 'I've paid it off' thread after reading lots of…
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Northern Rock mortgage online balance
Hi, I have just started making overpayments to my NR mortgage account and I would like to see the balance coming down each month but alas NR are saying that they don't have an online facility for this:mad: I have only spoken to one customer service rep so he could (hopefully) be wrong, if it is true they don't have an…
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shared ownership buy more share or pay off mortgage?
I am in the process of buying a shared ownership flat and will be in the position of being able to overpay on my mortgage. Would it be better for me to overpay the mortgage and aim to be mortgage free before buying extra equity or save the money and buy 10% shares as and when I can afford them? Many Thanks ps all the debt…
