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Axa Endowment - to keep or not??
Hello, I have an endowment with Axa Sun Life, no longer attached to a mortgage which I don't know what to so with. I'm paying in £25 per month, which would be handy in my pocket since I'm on a lowish income, but would it be worth keeping as savings? I think I'd be looking at trading it if I didn't keep it, in which case…
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Fraud
can someone tell me?? there are some dubious finnacial advisors out there that for a fee offer to create payslips and p60's in order to help people get mortgages who should they be reported to? does the FSA look in to this imformation??
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mortgage broker advice
can anyone tell me from last week's article free mortgage broker advice,if they find you a good package and decide to go with that, are you charged any cost from the broker
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Best mortgage for 4.2 x salary?
We are looking for a 4.2 x salary mortgage. We've both checked our credit history and are clear of any problems ie all payments made on time, no loans or credit outstanding etc. We have no outgoings other than bills etc. We want to try and find one which doesn't sting you with HUGE valuation and arrangement fees. Looking…
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morgage help !!!!
Hi, can anyone advise me if there is, or do you know any morgage companys that lend on the amount that you can repay each month, rather than your yearly salery thanks :)
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Mortgage advice 4 constant worrier.
Hi everyone, I've found myself in quite a good situation, but because of my upbringing, worry constantly about money. Not to go into depth, but both my parents our retired (divorced) and live on peanuts, as due to rather unfortuante lifes, things have turned out badly. (I help them with shopping etc..) Anyway, my situation…
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Fixed & Discounted Rates Question
I'm due to rearrange my mortgage soon and have been looking at the rates on offer - I'll probably be staying with Nationwide who I'm currently with but on a new Fixed or maybe Discounted rate deal over 5 years. Not so long back the Discounted Variable rate deal use to be about 0.25% lower than the Fixed deals, but now they…
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I still feel we were mis sold this endowment
In 1989 we bought the council house we live in. Our then independant insurance advisor set everything up for us, he even found the solicitor and sorted out the endowment mortgage saying that it would pay off the mortgage and hopfully would give us a small lump sum on top of it. We now find we have a shortfall. I've looked…
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buy to let advice?
just sold my first house and moved back in with parents and considering buy-to-let. can anyone point me in the right direction i.e. LTV? is it true i need at least 20% deposit? can i buy a house for myself a year down the line even tho i have a buy-to-let one as well? any basic help will be very much appreciated cheers…
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foreign currency mortgages
:D has anyone taken out a foreign currency mortgage? A currency manager monitors the loan and seeks to maintain debt in currencies that are expected to weaken against sterling, thereby reducing the capital owed. Logically, you can potentially reduce your mortgage term considerably by utilising this method. Not for everyone…
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mortgages in usa
Want to buy property in usa can anyone help with mortgage rules and regulations
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Mortgage Transferred?
We recently took out a new mortgage through L&C for GMAC and a few motnhs later it was sold to another lender. Is this legal? also the new firm only have 0870 numbers and take ages to answer and the statement is so complecated I cant understand it. is there an advice group that can expalin to me for free? G
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Mortgage payment as a fraction of salary
I'm on the verge of buying a larger property and taking out a fairly large mortgage to boot. I was wondering what proportion of a persons salary is sensible to pay the largest debt most of us are likely to undertake. Also is there a average proportion that has applied historically and is still applies / does not apply…
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Remortgage
Does anybody have any advice on which route I should take. Do I just find what I think is the best offer for me directly on the internet or do I seek out a mortgage advisor (don't they charge fees??) and let them find the best deal for me. Basically money is a bit tight at the moment - we have a 2 year old child and are…
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Help me, mortgage strategy confusion...
Hi Everyone, I have been reading these Forums for months now, but mostly the money saving ones without realising that these mortgage ones existed. I'm in a state of confusion and would appreciate any advice. I'm 30 and have got 10 years 6 months left on a £90k interest only mortgage against a £250k house. I do not want to…
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financial advisor or direct mortgage application?
Hi I'm a first time buyer and new to the whole mortgage business. I've been trawling through all the sites and looking a different mortgage products, and I've found a 3 year fixed rate at 4.64% with Yorkshire Building Society which I think looks quite good. My question is; should I just go ahead and apply for it, or am I…
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Are we being conned?
We have spoken to an F.A who has suggested a way of repaying our mortgage that we have never heard of. Put simply, your payments are split - minimum payment to your mortgage provider:an additional payment put into a 'safe' account. just before the annual review the money from the savings account is moved across to the…
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this is tricky, but any help is gratefull
Hi I married my wife 6 months ago and moved in to her house.She has a bad credit rating and is therefore being ripped off by a mortgage company (and i mean ripped off £30,000 on an interest only at £270 for 30 years)My question is:-can I take up a first time mortgage and buy the house from her or can I get a joint mortgage…
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Cashing in endowment after 8 years
I am thinking of cashing in my current endowment (which we are in the process of complaining about) which we stopped paying into some months back. It is only around 8 years old and the question is, are there any other options apart from just cashing it in and getting a cheque for the current value from the provider…
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Help re re-mortgage
Hi, can anyone recommend a good lender given my circumstances. We are looking to remortgage (property worth about 250000, outstanding Mortgage 85000 with 18 years to go). Would like to make regular but small overpayments and may also need to borrow another 100000 to finance a move to a different area. Does anyone have any…
