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Mortgage companies that will let me have a guarantor???
Partner left me 6 months ago, have a 2 year old child and I work 16hrs per week. Have looked at my finances and can afford the mortgage payments on my own. I planned to buy-out ex-partner and my parents are happy to act as guarantor on my mortgage, but when I spoke to Abbey National they say they won't use guarantors…
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A Rejected Claim
Is it worth trying to claim from the ombudsman when you have been refused by the ECA due to the fact our time ran out. The thing was i was in hospital giving birth to twins & also 2 weeks later i lost my grandma. Please can anyone give us an aswer?
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is it the end of the road ?
last summer I started to claim using the Which form that we had been missold our endowment, we had 3 replys from the broker the final one last November advicing that because the proposal was before 29th April 1988 (7th April 1988) 3 weeks!! basically said that it was not their proplem and adviced us to contact FSA who…
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Endowment
I am a new member and this is the first time I've posted a question, so please forgive me if I've got the method wrong. We have had an endowment mortgage in place since 1994, and have absolutely no complaints about the manner in which it was sold to us. In 2001, we decided to build an extension to our property and were put…
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Endowment Help Please!
I have a Prudential Endowment which is due to mature in August 2009. It was taken out on a mortgage of £17,500. I called Prudential a few days ago and asked them the surrender value of the policy. Guaranteed sum assured: £6,825.00 Declared bonuses: £7,272.90 Surrender value: £15,335.90 Monthly premium: £30.75 Maturity…
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abbey finallly paid out on 1986 endowment
after 3 years and a claim to the ombudsman we have been paid out today. Not a lot at £385 BUT the mortgage was only 19500 and my projected shortfall had dropped from 3500 to 1000 in the last 2 years so not unexpected. You can claim yourself - its fairly straightforward - 2 or 3 letters and a form for the Ombudsman that you…
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need to sell endowment
just a query, having getting into some financial diffuculty im having to either cah in or sell my endowment policy that we were just using has a savings plan. Does anyone more about these things, im currently in 12.000.00 (approx) credit card debts and looking for a way out. I rang endowment company today and if i…
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First Time Buyer With Poor Credit
The situation is, we both work full time and have a two year old son. At the moment we rent from the local council, my partner earns approx £15,500 with overtime etc... and i earn roughly £200 per week. An opportunity has arisen being a council tenant in a rural area, allowing prospective buyers to buy a property on the…
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What happens if fixed rates go down between application and taking mortgage out?
Sorry, i've got another question... Was just reading a thread about whether rates will go down or not, and looked on the Abbey site and the fixed rate we were going to take out (4.94% for 5 years) has now gone down to 4.84%. We filled the mortgage application form in on sat, when we take out the mortgage will we get the…
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Are rates about to drop?
We are currently coming to the end of a 3 year deal and i am looking at switching to a 2 or 5 year deal. We are with the Halifax at the moment and they have offered us a 2 year fixed deal of 4.99% - however i think i saw an article that said rates may drop over the next few weeks? Has anyone else seen / heard this or is it…
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Online Mortgage Brokers
Hi, I hope someone can help me, or at least point me in the right direction. I am currently house hunting for a new property and selling my current home (it's all going well :j ). It has been quite some time since I last applied for a mortgage so I need some pointers. Anyway does anyone have any sound recommendations for a…
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Abbey mortgage
Has anyone else applied for an Abbey mortgage and had a really hard time to not sign up for their insurances? My husband and I just applied last Sat and the woman doing the application was really pushy. We eventually managed to convince her we didn't want critical illness (can't really afford it at the moment and we are…
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HELP! Do I need Life Insurance with my mortgage?
HELP! I put my house on the market over 6 months ago so I could move to a larger property, since then everything went belly up and I was diagnosed with Cancer which thankfully a week ago I was told has been cured! However we have also now sold our property (still good news!) and want to buy a property which we will have to…
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advice or experience please
My daughter is proposing to use Mortgage express Ltd I have little experience of modern mortgage details but I am worried about the very agressive attitude of this organsation including their costs etc. Has anyone experience of this organisation
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Should I over-pay a mortgage?
Hi, I have a motgage which permits me to overpay. All of the advice I've read is that I should clear debts before having savings. I have some spare cash that I'm considering putting into my mortgage. I would like to know if this is advisable. * Will the overpayment reduce my remaining monthly payments or... * ...will the…
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Endowment Compensation Claim
I have two Standard Life endowment policies that I believe were both miss sold. The Financial Adviser I used is no longer in buisness so I was advised to claim compensation through the FSCS (Financial Services Compensation Scheme). I contacted them in August 2004 and they sent me a questionaire to fill in at the end of…
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Mortgage Calculator
Does anyone know of an online mortgage calculator which shows you a breakdown of how much capital and interest you are paying per year for the full term? Thank you
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Mortgage problem with shared ownership
Hi I found a place with a HA with shared ownsership, the problem lies in the mortgage offer. My HA's solicitors don't like the wording on it as it doesnt say that i'm buying exactly 50% share. We were not told this had to be the case before I arranged the mortgage and my mortgage lender has said that they haven't got any…
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Compensation offered by BS Endowment
Hi, I have been offered compensation for my Endowment policy and the BS has upheld my complaint. I took the policy out in 1994 at 64.68 per month. In Nov.2000 I changed my mortgage to repayment for my own reasons. In 2004 I recieved my 'Red letter Warning' potential shortfall letter. The compensation I have been offered is…
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A different way to get a mortgage maybe ?
A website has today been launched to capitalise on our bargain addiction by aiming to cut the cost of the biggest purchase most people will ever make – their home. Mortgagebundles.com - a sort of eBay for mortgages - has entered the £300bn mortgage market and become the first ever online auction for home loans. It is based…
