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Desperate Housewife!!
I will try to outline my problem as breifly as possible! We've had a fair bit of trouble where we are living recently, and the last straw came when to young lads headbutted my husband, broke his nose and kicked him around on the floor just outside our house - we are DESPERATE to move!! Hubby earns around £25,600, I am…
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Interest only - rates given should I?
Hello I've been with the same mortgage company for 12 years. Discount I had - has finished these are the new options. SVR Discount on SVR of 1.3% for 3 years so 5.45% Fixed at 5.69% for 3 years + fee of £200 Tracking Base Rate + 1% - so currently 5.75% 0.3% makes a difference of a tenner on my mortgage. So should I go else…
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Mortgage repayment fee
Have just recieved a letter from my mortgage provider re a mortgage repayment fee that i didn't know existed, are these kind of fees usual?
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Where to sell endowment policy
I've recently had my complaint over endowment misselling upheld and am considering selling my endowment policy and converting my mortgate to repayment only. Can anyone recommend any places which offer a good return for buying endowment policies as research has shown me that I'm likely to get more than surrendering my…
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Buy to Let mortgages
Can anyone provide me details of high street retailers who offer good BTL rates- (am currently on one and am looking to remortgage for the best deal).
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Sign over house or get mortgage first
Hi, I am looking to buy my Mothers house and looking for a bit of advice. She intends to sign the house over to me and i then buy the other half of the house off my brother. This will involve getting a mortgage for 100k, the house is worth about 250k. Just wondered which was the best order to do things. o My mum signs the…
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Unfair brokering, is it possible?
We are FTB and recently applied for mortgage in one BS through our broker. This week he called us and said that our mortgage application was turned down because the property we are buying is ex-council one. Now he wants us to go through another lender which of course has higher rate. Yesterday I called the BS just to…
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Cannot get a mortgage agreed...
My partner and I have applied for 3 mortgages over the last 6 months - all of them have been refused. I had a voluntary repossesion of my previous house which has been resolved and the arrangement was settled over 18 months ago, I have a letter from the building society concerned confirming that the arrangement is…
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I have a pension mortgage any advise?
Around 20years ago I took out a pension mortgage, it was suppost to pay off the mortgage at the end of term and have enough left in the pot as our pension. (sounds just like an endownment). I have had the red letter and it now wont even pay off the mortgage, and I am left with that to pay off and no pension, I am now 58.…
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new to site - invest or pay off mortgage
Hello All, Being new to the site I'm not quite sure what to expect but I'm hoping there are some far more financially astute people out there who can give advice. My wife and I have just had a cheque come through for £90,000. Due to a critical illness payment. The question is what to do with it. It is aimed at paying off…
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endowment mis-selling advice
I would be grateful for some advice on my endowment mis-selling claim. I took out an Abbey mortgage in 1998 with life insurance for the majority of the loan also taken with Abbey. My endowment is with L&G. After appeal to the Financial ombudsman, L&G have acknowledged that I was mis-sold my policy. L&G have just written to…
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Woolwich Mortgage Reserve
Hi...Does anybody have any advice on the above service? I was thinking of borrowing about £12,000 and was wondering if this would be a good way to borrow the money. Just wondered if anybody has any recommendations.... Many Thanks!
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lifetime mortgage
Can anyone help me to fully understand a 'lifetime mortgage' we are approaching retirement, and all our assets are tied up in our property. We are not keen to move house, and also want to leave some money to our children,therefore, releasing some capital from our home seemed like a good solution, does anyone have any…
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Rule of thumb, save or pay off mortgage?
I have a mortgage (about £60K to pay 20K on interest only) paying about £450 pm inc the endownment payment. I'm managing to save in various accounts about £300pm I have about £20K in savings and no debts I pay off the C/C's in full every month. Is there a riule of thumb about what is best, continue as I am or pay off as…
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Help please! – Abbey want a budget planner filled in as part of mortgage application.
Maybe I’m worrying about nothing, but I’d be grateful for anyone’s advice, particularly the mortgage broker people. I’ve applied for the Abbey’s BR tracker, currently at 4.54% for 2 years, with 4.2 X salary. Because of this high income multiple, the Abbey agent said that I had to fill in their budget planner and return…
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Self cert mortgage lenders?
Hi guys, my boyfriend is self employed and we have now sold our house and everything is ready to go on the next house...however, our mortgage lenders are now saying we can't have our new mortgage. We are with natwest and when I first arranged to change the mortgage to the new house they said no problem, but the girl who…
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Paying to switch mortgage
Hi there, I have now "found" the mortgage forum ;) In less than a week, thanks to MSE, I have: * Opened in ISA * Switched my gas and electric * Got 12 months free line rental from NTL * Registered to use 1899 for calls * Got an 18months 0% Cap One offer through the post from a fellow MSE'er Now it is my mortgage's turn. I…
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Mortgage Company Expenses Charges
Almost 2 years ago I took out a 2-year fixed rate mortgage at 3.89% with Alliance and Leicester. This special rate period is coming to an end on June 30th and I am looking for a better deal. (Incidentially - I have located a 1 year, fully flexible, no fees, no costs, discounted rate of 5.24% with "The One Account" from…
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Calling mortgage brokers- can you offer me a better BTL deal
I have been offered a SVR -0.96% tracker for 2 years by my current lender and I wanted to know if there as anyone out there who could offer me a better deal. (please also include all fees relating to the offer including booking fees, arrangement fees etc) Please pm me for more details Basically I have another mortgage as…
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Endowment complaint upheld given options
I have filled in a questionaire from Mortgage company re our mis sold endowment ploicy Received a reply that says- we are upholding your complaint in part relating to this policy. Took out policy in Feb 1985 for £20,000. used same bank until 2003 when swapped to new company.Have been given cash back of £500 pounds and…
