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Should we accept £322.89 Endowment Compensation
Hi, please help me, We were complaining about a mortgage sold to us in 1993. We already had an Endowment mortgage when we took this one out, and as we were increasing our mortgage, the advice given to us was to top it up with another endownment mortgage. In the 6 page (fairly scary!) reply letter they dispute this as they…
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diffrerent years on topped up mortgage
before i met my husband, he started with a mortgage of £50,000, but kept adding to it. not a problem in itself except the mortgage co. kept making themrun for 25 years. so we now have (i think) 4 different time scales within the same mortgage package, if you see what i mean! i want to remortgage, but this makes it very…
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25 year, fixed rate, offset mortgage
Hi, I was just wondering if it is possible to get a 25 year fixed rate offset mortgage. It will be a re-mortgage, house value 145,000, 115,000 left on mortgage combined earnings of 25600 gross - 19200 net per anum (wifes earnings (Teacher), i am house husband = no earnings) Many thanks for any help you can provide and…
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Assured Shorthold Tenancy Agreement
Hi everyone I was hoping someone might be able to e-mail me an 'Assured Shorthold Tenancy Agreement - for letting a residential dwelling house' PDF document. Can anyone help? kind regards Alex
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HousePrices..Waht Should I Do?
My House has Doubles over the last 3 years when we brought and is now worth 200K. I Can't possibly see house prices in our area (south west) going up any more???? We have the opportunity to stay at my parents (2nd home) for up to a year for minimum RENT. Now its not ideal, we have a couple of small children and this tiny…
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Become a landowner for peanuts!
Hi, A while back a friend of mine told me of a way of becoming a landowner for almost next to nothing. He got this from a book you can buy (not Martin's - sorry!). I may not have the facts all straight but it goes something like this. 1. Find a pice of land that you "assume" to be council owned or derelict. 2. Spend a…
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Does this sound right ??
I've recently come out of a fixed rate with the Royal Bank of Scotland.I'm paying way over the odds as I'm still on a 100% deal for the £80K the house cost 4 years ago. The value of my house has increased to around £120K,so I'm looking to not only replace my mortgage but I want to take out additional borrowing of around…
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What good mortgage?
Hi everyone I've had my mortgage products for about a year, so I was thinking it's about time to just check that they're competitive. My personal mortgage is with the Halifax - 4.99% My 'buy to let' is with the Coventry - 5.9% (interest only) They have both risen with the interest rate rises. Neither of which i'm tied…
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First time buyer - advice
I have just graduated from uni and have got a job (21k a year). I am also getting married next year and my fiancee is at uni for another year so we will be getting a mortgage on my salary alone for at least the first year. We have started looking into mortgages and are aiming to get a house soon. We want to borrow as much…
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land regitsry question
hi all, im about to put in an offer on a flat (in devon). the vendor still has to find a place to buy, so that buys me a bit of time to see what the market is going to do. is there a site that gives a monthly stat on regional house prices? or when is the next land registry due out (and what were the findings of the last…
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interest only mortgages
here is my situation we own and house thats 3 years old (so the mortgage has only run for 3 years) the house is worth about £165 K and we have a mortgage of 65 K on it we have a 18 month daughter and wouldnt mind a bigger house (well a different layout and a bigger garden) the houses around here with bigger gardens cost…
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Confused!! Help!!!!!!!!!!!!!!
Hi, I am confused. I have a property on my name which I am living in. This is worth about £85,000. I have another property in which my parents live in but is also under my name. This was bought by my parents who took the mortgage under my name. My parents have a property in which my broither now lives. What I want to know…
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1st time buyers...where to start!!!!
I'm 3 years Post Graduate and have 2 yrs to take advantage of a Graduate Morgage with HSBC. As a Key Worker i'm able to get a Shared Ownership property. Thats is easy enough.... but where do you start finding a morgage? Do I stay with my bank? Shop around... how do you do this with out spending hours walking round the…
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Changing Mortgages
I have recently come to the end of a mortgage deal. My partner and I currently have a mortgage for approximately £57000 but wish to borrow an additional £4/5k for home improvements. I earn approximately £18k but my partner has recently started his own business. We have been advised that we may have to go for a…
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Letting Agents and Fees
Letting Agents and fees. A colleague has run into a bit of problem with a Letting Agency and could do with some advice. The situation is as follows:* He found a property he wanted to rent but it was above his price range. * He approached the letting agency to ask if the rent could be lowered. * The letting agency agreed to…
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Sell Or Rent out Girlfriends Flat
Hiya, as usual, I have a financial question/need for advice, so here I am! OK, Girlfriend and I are thinking of moving in together to my house. Thing is, she has a flat (has one bedroom, kitchen lounge and bathroom and a bit of non communal garden and parking space) in Morley, with a mortgage of 49K. Next door to her sold…
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Help with endowment complaint please
Hi, wondering if anyone can help, I finally bit the bullet and complained using Martin's expert letter writing tips. Its now 7 weeks, and i think the deadline he recommended was 8 weeks. They haven't even confirmed they've received my letter. What do I do now? Can't face ringing them, but what's the proceedure if they…
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Interest Rates - Crystal Ball Please
Hi I've been on fixed rate mortgage which is about to end, hence looking for new deal. I was just wondering what the general feeling about interest rates is, are more rises expected, and if so what rates are they likely to peak? I know this is all crystal ball stuff and nobody knows for sure but I'd be greatful for…
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NU WP Endowment - comp offer - what to do now?
Having made a complaint to the Ombudsman about a with profits endowment sold to me in 1989 by the Commercial Union (now Norwich Union), and having had the complaint upheld by the Ombudsman, I have now received an offer from NU. Their offer is comprised as follows: Ø An ex-gratia amount of £3,766.87 Ø An offer to pay the…
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Help - is my endowment compensation fair
Please excuse me for being a bit thick regarding this and I did find a similar topic but was couldnt find how to post a question. I have had an endowment policy for 10 years which was to cover a mortgage of £30,000. 2 years ago we moved and swapped to a repayment mortgage but wished to keep my endowment policy on as a…
