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refurbishment catch 22
Any help here would be really appreciated! about 20 months ago we took out a refurbishment mortgage with staged payments. I guess we should have known that it would cost more than we thought, but... we got it wrong! Anyway we have run out of money and can't complete the work. The mortgage company will not release the last…
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RTB - Help!
Hi, My Husband and I have a representative from a place called "The Advisory Service" coming to see us tom. aft. to discuss our right to buy. Has anyone heard of them, are we wasting our time etc. We are interested in buying our council house, just don't want to get ripped off. If anyone has any advice on what to do I'd be…
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standard mortgage agreement with parents?
I'm purchasing property with money borrowed from my parents. For protection, I wish them to hold a mortgage over the property. As it is a simple agreement between two close parties, can anyone advise of any standard mortgage (or promissary note...?) documentation available to facilitate this and lessen lawyers' fees?…
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life insurance and endowments
i didn't want to cloud the previous issue i raised so i thought i'd post a new one. a further complaint i raised with standard life which was rejected ( this only came to light when we proved my wife would retire before the mortgage ended ) was to do with life insurance. we informed standard life that a selling point of an…
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endowment compensation calculation
i have had my complaint upheld and received a compensation figure from standard life. they initially didn't send me the calculations but did when i queried their omission. cutting a long story short it would appear that because i made a lump sum payment to my mortgage account when i started to recieve the shortfall letters…
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House purchase for student
My daughter is a first year student and I am considering buying a house for her to live in with three friends for the next two academic years. The three friends would pay rent, either to me or to her. Would this have to be done on a buy-to-let mortgage or can my daughter and I get a 'normal' joint mortgage because she will…
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FTB's who have pre-owned
Hi there Just after a bit of advice. I'm in the process of applying for a mortgage but am excluded from FTB products by certain lenders as I have previously owned. This was 3 years ago, I was bought out of the mortgage and have not owned a property since. I'm applying for a joint mortgage with my boyfriend who has never…
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Mortgage
Hi Would any one have some advice I have a mortgage for £30.000 and it is ddue to revert to the SVR in July. I have only got 4 years to go is it worth trying to re-mortgage to a new deal. Gary :confused:
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Endowment - Surrender or Keep ??
My endowment misselling complaint was successful :j I now have the following choice to make : - Surrender the endowment to L&G and accept £ 27,013 or - Keep the endowment ( current surrender value £ 20 427 ) and accept chq for £ 6,585. My instinct is to keep the endowment. I've read here that the projected returns 'can' be…
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Student loans and Mortgages
Does anyone know if having a student loan will affect your chances of getting a mortgage? As if you think its a pretty benign debt as they only take a low fixed amount and if you lost your job they just freeze the debt. Its just its a fairly substantial one even though im only paying 30 quid and it comes straight from my…
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FTB mortgage advice
Im looking for some mortgage advice and would be interested in any suggestions. Property cost 90k (valued 90k too) Salary 35k Disposable income 900/month CC 4k at 0% Savings 4.5 (use as 5% deposit?) Im happy to move the CC balance to keep it at 0% till I pay it off. Currently paying 200/month so 20 months to go. I would…
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too late for compensation on endowment?
Hi, just learned that one can claim compensation regarding misselling of the endownment mortgage. Somewhere on this website is a link where one can print off a letter of complaint. in my case my endowment policy was taken out in sept 1990. it was with lloyds. Over the past few years have received letters stating there is a…
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Euro mortgages for houses abroad?
Anyone know of any good ones, or any comparison sites? Also, i the reason for a mortgage in euros would be because it would be (hopefully) rented out... but can you get one if you aren't paid in euros? Cheers
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Charcolonline
We are looking to change our mortgage provider and I contacted a mortgage broker through the Monesupermarket site. After research, he quoted me for Halifax, but I told him I had found a very good deal with Derbyshire Building Society on Charcolonline. He went on to their website, could not find this deal, so phoned…
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Endowment Mis-selling
Hi, I am new to this site, so please excuse me if I have posted this message in the wrong place. For about a year I have been pursuing an endowment complaint through the solicitor I bought the policy through. They admit they have mis-sold it me and have asked for interest rates of the mortgage companies I have been with…
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2 mortgages running side by side
Can anybody help ive 2 mortgages running side by side with the same provider one product has 4 years to run with a fixed rate the other fixed rate ends in feb, can i look around elsewhere for a cheeper deal for the amount that is soon to end or do i have to stay with my current provider?
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Right to Buy Mortgage
I am currently looking for a mortgage on our Council house. We have been offered it for £35340 but would be looking to borrow £40000 over 25 years. We would prefer a fixed rate (discounted if poss) so we know exactly what we are paying. Neither of us are clued up on mortgages and have been to 2 local banks ( Bank of…
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Cheapest 3 year (true cost) mortgage?
Looking to remortgage and move away from the Nationwide. Can anyone recommend the best 3 year deal? This would be on a mortgage of £134,000 (house value £200,000) over 23 years. I am looking to overpay by £500+ per month also if possible so flexible would be ideal. Had a look on the search/comparison sites and best I can…
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mortgage beyond retirement age?
My brother & his partner are splitting up & it looks like she is gonna buy him out - he should come away with about £31-£32k which he'll need for a deposit but it means that he's gonna have to start from scratch with a mortgage & he'll be 44 this year, can he have a mortgage term that is longer than the time he'll reach…
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100% fixed rate
Hi everyone, Myself and the girlfriend are having to apply for a 100% mortgage because we hate renting and think we'll be ok with a 100% mortgage and make overpayments to pull it back! We have been offered a 5.19% fixed rate by a bank and when we saw the mortgage broker all he could offer us was Northern Rock on 5.8% (i…
