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Moving mortgages on a buy to let property
I took out a 2 year tracker with Abbey which is due to finish this month. when I took out the property the plan was to reside in it but due to parent's health issues,, the property remained unoccupied and as such was let out. I let the lender know and they slapped a charge n my mortgage for letting it out. now that the…
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Foreign Mortgage?
I, along with lots of others have bought a house in Spain. Does anyone have any experience of the cheapest way of transferring £400 a month from my UK Bank account to my Spanish Bank account? RBS want to charge £25 a go! :confused: Cheers
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Help! mortgage letdown
Having very poor mobility problems and having great difficulty in getting upstairs we decided reluctantly after 25yrs here to find more suitable accommodation. We approached Halifax ( our present lender of 15yrs ) approx. 7 months ago and asked if they could help with a further mortgage. They asked for a letter from the…
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Natwest divulges some of my information!
I have two mortgages with Natwest. I have just redeemed one of them, after having selling my old house. A few days after completion I called Natwest to confirm that the mortgage had been redeemed - it hadn't yet (although i wasn't too concerned as it could have taken another few days). However, during that call I was…
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Refused a Mortgage.
Hello all, although ive visited this site and gained a lot of valuable information from it ive not registered until now. Me and my wife have just been turned down on a mortgage from Bristol and West and would apprieciate some advice. As first time buyers we applied for a mortgage of 87000 on a property of 91950 (we have a…
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Mortgages from abroad
I was in the Republic of Ireland last week and noticed their very low mortgage offers (2.9%). Is it possible to take advantage of low rates from overseas? Any advice please? (I've written this message before but don't know where it went. Apologies if it is repeated)
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Mortgage from abroad?
I was in the Republic of Ireland last week and noticed ads. for mortgages with very low rates (2.9 %). I suppose that there must be rules stopping you taking out a mortgage from overseas otherwise everyone would do it wouldn't they? Does anyone have knowledge or advice about this? Is it possible to take advantage of…
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Changing Mortgage, is this a good move?
Hi I just wondered if anyone here thinks its a good idea to change to the Reward Product with Halifax, it seems to get lower as the years go on but are there any bad points with having this? I am on Halifax 6.75% standard rate at the mo but this reward one starts at 5.9% from May till July 2007 then down to 5.49% July 2009…
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DWP Mortgage interest rate
Does anyone know exactly what the DWP Standard Mortgage interest rate is and how long it will stay at that? I've looked on the net and it doesnt say anywhere what the % is
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Mortgage Advice Required
Hi, I need some inputs as to the advantages/disadvantages of going for a Interest Only Mortgage or a Repayment Mortgage. I need the inputs so that I can arrive at a conclusion as to which type of the two is most efficient. For info - I am a freelance IT contractor; I am planning to buy my first house which will be my…
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Double missold endow claim?
I had a missold endowment claim with Standard Life around this time last year. I rang Halifax today with a query about my mortgage and during the conversation the lady suggested I have a claim form sent to me to see if Halifax would pay the shortfall that has been predicted by Standard Life. I told her that I had already…
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Mortgage Review Query
I have aquired some arrears on my endowment mortgage and have an appointment for tomorrow morning for a mortgage review. I've never had one before even though the mortgage is 16 years old. The reason I'm having the review is to try to get a lower interest rate because thats the reason for the arrears. I am presently on…
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Remortgage
I wonder if anyone can help me as a newbie on here? I’m retired with a small pension. Last year I sold my Bucks house, paid off the excess mortgage and I have bought and renovated a house near Preston which is now on the market. I live in rented accommodation. Can I, should I get a remortgage on the property to a) allow me…
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offset, repay or invest?
anyone got any advise on the best thing to do? I am about to realise £85,000 through the sale of property and have £120,000 mortgage outstanding on the home I own with my husband. (interest only) The priority for me right now is to keep payments on my mortgage down as I am about to take a career break to look after my son…
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Help for FTB - clueless!
Hi guys, Ok, I'm just looking into buying a property, but I have absoloootly no idea where to start with mortgages. Can anyone offer some basic outlines on the benefits of the different types of mortgage, what to look for so you can move to find the best deal fairly regularly, and catches that can apply. I assume the…
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Sell, surrender or keep?
I have a mortgage endowment with Legal and General which is up in 2012. I have recently accepted £5k compensation for misselling and decided to take that and keep the endowment with the view to having a bit more time to decide what to do about the policy. The surrender value is about £17.5k. Now my decision is whether to…
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Joint tenants
My girlfriend and I want to buy a house as joint tenants. We're putting down a reasonable deposit and I plan on being the sole mortgage borrower on my salary. Our conveyancer says this won't be possible and if mine is the only name on the mortgage document I will have to buy the house in my sole name and draw up a trust…
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Pay Off Mortgage Or Move House
I have £8000 left on my mortgage & my current fixed rate is due to end 31st May At the end of April I have £10,000 plus coming off a Guaranteed Income Bond Our house is valued at £175,000 & we are considering moving Do we continue with the mortgage & use the lump sum for the fees due with the house move Do we pay off the…
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Do I have to get a Buy to Let mortgage??
I'm currently letting out my property and have a (normal residential) fixed rate mortgage with Northern Rock - NR are already aware that I have been renting out the house. The fixed rate expires next month and I have just been advised by NR that if I were to remortgage with them, I have to take out a Buy to Let mortgage,…
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How to get a repayment schedule???
Since the FSA took over the regulation of mortgages it seems impossible to get a repayment schedule from any lender? Is there anyway round this? Surely anybody taking a mortgage wants to know how much the outstanding balance will be at certain milestones? Namely at the end of any introductory interest period!!! If I take a…
