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Please help! Anyone know about tenancy law?
We have just left a rental property and having been warned by the previous tenants that the landlady likes to take as much of your deposit as possible, I made sure that there was nothing wrong with the house at all. Nothing was left broken and the whole house was throughly cleaned including the carpets and curtains. (even…
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Interest only mortgage for life
At present I have a Halifax discounted tracker variable mortgage for 28 years (I am 71) which when it started a year ago cost £160 p.month and is now £196 ( for £45,000) and will be more next month. Whilst I have a good pension and can afford this, how much higher can it go and will anyone give me a fixed rate on an…
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mortgage protection
do i need motgage life protection and life insurance or just one any recommendations for mortgage protection
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I need to face up to my endowment!
I have a 25 year with-profits L & G policy. I have been undecided as to what to do with it for some time. I have been unable to get any company to even offer to buy it off me. However, it is projected to have a massive shortfall, and I have already converted the difference to a repayment mortgage. Now I'm wondering whether…
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Mortgage repayment mess
Folks :- The situation I've now found myself in is that I have an offset mortgage for £65000 with FirstDirect with an unexciting variable interest rate. I got here via a pension mortgage, then PEPs and ISAs being used to repay the mortgage, until I moved house and got fed up / cold feet over these funny repayment vehicles.…
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Buying a council property
Having been council tenants for several years now my partner and myself are considering purchasing the property. We have made several modifications and improvements to the building (with the consent of the council) and have decided that the time is right to buy rather than rent. Can anyone shed any light on our situation?…
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Share to buy
Hi all I live in London with 3 other people and would like to stop paying rent and buy. We've been thinking about all pooling together and found this http://www.sharetobuy.com/ The big problem is saving the £25-30K for a deposit!!!! Any advise or clever ways round this little obstacle? ;) Any help would be greatly received
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A HOUSE FOR A FIVER (£5)
I stumbled across this URL from a magazine called "Web User" and remember that there was one for a pound and it stirred interest. http://www.winahouseforafiver.co.uk/ The entries have to be submitted by 14th August 2004, so those interested need to move quickly.
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ALWAYS REMORGE WITH NEW LENDERS
I find If you plan to borrow more money on your existing home, its best to Remortgage every time to a new lender. Most existing lenders appeal to the new customer, but not their existing ones. ('HALIFAX' BEING ONE EXAMPLE) Try ringing as you, then again posing as a new customer. Add the loan to the morgtage, but They'll…
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contracts with builders
hi i'm hoping to add an extension to my house costing around 50 - 60k. someone told me i should draw up a contract with the builder but i don't know what sort of things to include. does anyone have any ideas or is there a contract template that i could get hold of that i could amend to fit my requirements? many thanks…
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buying house in devon... HELP!
hi guys, im just about to buy a flat in devon for £134k, im morgaged up to the hilt and having to borrow money off my mum and dad. what i want to know is am i doing the right thing? should i wait for a year or two. devon's not like other places as people are always wanting to move down here so teh housing markets always…
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improvement grant
New to message board so apologise for any unintended stupidity. I need an home improvement grant desparately. I have a business (sole trader) which is run from a shop property which I own and has my living accomadation at the back of the shop and over it. I also live (not married and same sex) with a person on disability…
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short term mortgage
hi, is there such a thing as a short term mortgage (not a bridging loan)? i want to borrow 60k over 25 years. i want it over 25 years and interest only because i want to keep the monthly payments low i also want a mortgage with no redemption penalties. The reason i want a mortgage with these criteria is that i want to use…
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Remortgage - is this a good deal?
I've been paying a fixed rate of 6.75% for 5 years, which has obviously been a poor deal. The penalty period ends in October, and I'd like to book something soon, in case rates rise again. I've seen a mortgage with Coventry BS, which is offering 4.8% on a variable rate which is guaranteed not to go higher than their SVR…
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Endowment Letters
Are companies still supposed to be sending out the red amber and green letters about endowment prospects? If so, I haven't had one from Prudential yet.
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First Time Buyer specific to Scotland
I've recently read views on this forum which err against buying a property in the short -term as this is most at risk from neg equity. My friend, a letting agent says times are tough for him just now, but i haven't seen any appreciably less expensive rentals in Glasgow; my own letting agency for example weren't willing to…
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Re-mortgaging
I curently have a mortgage of 27k on a property worth 100000k with Britannia flexible mortgage which is creeping onwards and upwards steadily with each rate rise. The current rate (before last week's rise) was 5.35%. I have shopped around on the Web and elsewhere and have come across a Norwich/Peterborogh BS offer of a 2…
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Inheritance tax
A hypothetical here....... well, OK, not that hypothetical... Parent has property (scotland) worth about £500k, two children. How much inheritance tax would they pay?? ??? Is it a case of halving the total (£250k) to each child, then pay the tax on the inherited amount? OR :-/ Is it a case of the total amount taxed then…
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Offset mortgages with "expense account"?
New to this board, so please bear with me if this has previously been addressed. Recently a broker tried to sell me a CAM mortgage with an expense account. I understand the benefits of taking out such a mortgage with respect to paying off the mortgage earlier etc. However they also made available a 0% expense account. This…
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Blackpool guest house/hotel - stamp duty?
Hi there Does anyone know please if this would be excempt from stamp duty? Thanks
