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Going to see Charcol
Hi, I'm going to see charcol tomorrow to see about any better deals for my morgage. I've been with Abbey for 7 years and all my tie in's have ended. Currently on tracker at 5.75% with 80K mortgage. I've never been to see anyone indepent before, as I've just stayed with Abbey for ease and not a bad previous rate. Is there…
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Can i raise £20K on a house in disrepair?
I bought a property 3 years ago at an auction. The property needed work doing on it, something i was aware of...subsidence to a wall. It was a semi-detached, in a popular area, for £45,000 cash.....today, neighboring houses are selling for £135 K+...but in "good" condition. I bought the house with the intention of…
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First Time Buyer
Hi, am just starting to look around to buy my first home and was woundering if anyone knew any good web sites to look at about mortgages for FTB's and other information which may be useful. Any information available would be great as i'm a bit lost at the moment, and being single, doesn't look like i will be able to get…
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Tax Return Buy To Let
1) I have been searching the forums for a few days and have been able to answer most of my questions I was wondering if someone could clarify a few points. I purchased a flat to rent out in November last year. Between November and the middle of February the property was empty while I decorated. My question is am I allowed…
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"Islamic" Mortgages
There was a letter in the Sunday Times Money section concerning the two styles. One appeared to be similar to the shared ownership style structure that already exists(bar the fact that the Islamic version doesn't involve interest, just different term/payments for the loan). The more intriguing one was called "Murabaha",…
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Tenants, getting your security deposit back.
I am vacating the property I rent on Oct 27th. I pay £340 per month rent in advance, last payment by standing order on Sept 27th, and I initially paid a £440 deposit at the beginning of my contract 3 1/2 years ago. I have kept the property in good condition and from a cleanliness, carpets, fixtures and fittings etc point…
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Self Storage Units questions?
I've never used one of these before but will be doing so shortly due to moving house. Does anyone have any general advice on some dos and donts regarding self storage please? Two things I have concerns about from my initial research are: 1) Insurance, if you purchase insurance from the storage company itself do they…
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Sell endowment or increase mortgage?
Lurker coming up for air :) We have been refurbishing a house for a year and in the meantime have let our old house and have been living with my parents. We are further from the finishing line than our finances think we are :( We reckon we have 3 options. 1. Realise endowment policy on old house (paid £11.5K, realise value…
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On Line Conveyancing, any good?
We are looking to appoint a solicitor for our house purchase. Are these online conveyancing firms any good? Do we have to pay anything upfront? Anyone with any experiences (good or bad) please respond. Yours in confusion. :-/
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Endowment Mis-selling - Don't give up!
My experience shows that persistance pays, don't be fobbed off. In 1986, we were sold an endowment policy with UK's largest mutual by (then) UK's largest BS, now a plc. The Branch Manager (you had to get down on your knees for a mortage then), told us about how his brother had just cashed in big time with one, never…
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Can anybody give some advice on Stamp duty??
Hi everybody, I have listened to Martin on his spot on the Jeremy Vine show & believe he could be a hero of the consumer!!!! My predicament I am in is that I am looking to purchase a new house. I have my eye on a couple & am really stretching myself to buy a house at approx the £265K mark, is there any way of legally…
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Stamp duty not paid, need advice please
Just wondering if anyone can give an informed opinion on this one. I bought my house 14 months ago, got a 110% mortgage to do a few other things aswell. I didn't use a local solicitors, my mortgage agent suggest I use his, cheaper than local and would be easier for him to chase things up. So, my mortgage is paid to the…
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Amber Letter Received
Just got an amber letter from Prudential saying that my shortfall is likely to be 2.5K at 6% growth per year. That's not a problem to me as I will have the necessary cash to pay the shortfall, but approximately how much would it cost to convert this 2.5k to a repayment mortgage. I have six years left on the mortgage, and I…
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Property tax
??? I have recently bought a property to renovate and let.......However, given the looming downturn in the market, the hike in interest rates and the fact that my property has gained in value quite substantially, I have thus decided to sell and don't know if to pay off my mortgages or buy another property to renovate with…
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what to do about mortgage
We have an endowment mortgage for 27.5k with the woolwich. What i need to know is is it wise to pay off around 10k of this and reduce my payments or keep the money as savings. The tie in period is nearly up after switching from our previous lender, also should i consider trying for a remortgage ?
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Mortgage Advice Needed
We have a property valued at 130k and on that we have a current 20k mortgage at a fixed rate of 4.75 from the c+g, what we would like to do is add another 30k max for home improvments, credit cards etc. the advice we need is who is the best out there at the moment and do we stick to fixed or tracker or etc etc. Also is…
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advice needed on best options
hello, our situation is as follows. we are currently in a mortgage with Bristol and West at 6% (1.25% above BOE rate), current mortgage is approx 80K. We wish to reduce this to 25K (were currenlty selling our other property to release capital) but have to pay 3% on any early repayment monies in early repayment charge if we…
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Cash in an endowment
Does anyone know how or where I can get the best return when I cash in on my endowment policy. I need to raise the cash
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Remortgaging issue with pos solution but unsure...
Hi all, My frist post in a long time... but I've got a situation that I would appreciate some advice on... Stick with me here.. it'll take a bit to explain... My mortgage with C&G is coming to the end of its fixed term soon and my current situation has changed since I took out the mortgage to the extent I'm pretty sure I…
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whats the difference between
what is the difference between a BTL and a let to buy
