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interest rates?
anyone know when the next rate annoucement might be?? they say it has stayed the same for 8 months in April when is the may rate day??
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Nervous first-timer
I wondered if I could get some impartial advice over whether hubby and I are overstretching ourselves. We have just had an offer accepted (£225,000) and are putting down exactly 10 per cent (£22,500). We've had the mortgage accepted (northern rock together) and the mortgage broker reckons we'll be paying back £1300 month.…
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Dubious endowment: should I keep on paying, or ...?
Hi, I have an old endowment policy that was designed as a form of saving (actually as part of pension planning). I don't think it is performing very well, so I wonder whether I should continue to pay the premium each year, or do something else. I was given some details in June 2003. At that time, the surrender value was…
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Cost of Full Letting Management
Does anyone have ways of reducing the cost of management fees for letting. I have 2 apt in Birmingham and a house in harrogate fully managed by letting agents. Is there tax effecient ways of saving money? Should i begin to think about setting up a company to hold these properties? Would this help or cost more? Thanks for…
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Cost of Interest Only against Repayment?
On avaegae what would be th cost difference(Total repayable) between an IO and Repayment mortgage/
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Why?
If in general,endowment policies have been seen as not the best way to invest,why would anyone want to pay a premium to buy a secondhand one?
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Charge by lender for permission to let flat
Hi , I am about to move and let my flat and was told to inform my lender , I rang the A+L this morning and was told I had to pay them £120 for their permission to let the flat. It dosent sound right to me , perhaps it is any advice please?
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Best Fixed Rate
Can anyone advise on the best fixed rate mortgage around at the moment? Many thanks.
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Endowmentaction rules!
If anyone is considering using this website, please do!! After seeing the testimonials about missold endowments we decided to act on ours, something we had never considered before. Our case was 2 endowments, the first sold to cover £20000 in 1989 and the second sold to cover £18500 in 1992. Both were with Colonial Mutual…
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Endowment - offer received but no compensation
Recently complained about my 25 year lo-cost endowment sold in 1996, using info from this forum and also Which! ... Anyway, the seller (Bradford & Bingley) replied (rather quickly I thought) saying that my complaint had been upheld and that they would be making an offer shortly. Soon enough a second (5 page) letter arrived…
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unsure now
would you say i'm better sticking to 67k on virgin mortgage & 20k on 0% ccards but when they run out that will go on my mortgage again & take my payments for 87k back to about 670 a month or go to alliance & leicester & start with 95k covering all the work left on the house & the money we had saved for our holidays. 95k…
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What exactly is a Mortgage redemption fee?
Hi, just looking at my end of year mortgage statement (properly for the first time!) and I notice a 90 quid fee called a Mortgage Redemption fee. it also says"you wont be charged if the mortgage has less than 10 years to go." Obviously I've been charged for it, but what is it for? Seems quite alot of money to me and for…
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Virgin1 interest
I have a Virgin 1 account, which only sometimes goes into debit. As such only earns a few pence in debit interest. This money appears on my summary statement and says it will be debited to my account on nnth day of the month. 4/5 times this money has not been debited. Highest amount I can think not to have been taken was…
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help please
Trying to get a better rate of mortgage. In the past I had a protected trustdeed, (18 months ago) I have now cleared all my debt, however when I applied for a mortgage my credit checks are showing default, default, although I have no debt The best rate I can secure is 6.2% with a 10,000 deposit. can anyone offer advice,
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Mortgage rates
hi looking at changing our mortgage from virgin one to Alliance & leicester. going from 5.6% to 4.4 used to pay 670 + 175 loan to paying 617 all in. what have mortgage rates been like ??? is 4.4 good are mortgages rates going up or down??:rolleyes:
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Update after Mortgage consultant has been
he told us to add everything together ie. Mortgage car loan car loan for car we are thinking aboout getting next year holiday we have this year & next year going from 67k mortgage with virgin one + 20K on 0% cc for 12 months 3500 left on car loan for 2 years altogether he made it 115k with their fees ect??????what the…
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Right to Buy?
my grandmother has a council house that she has been living in for over 15 years and we was wondering is it possible for her to buy the house but put us as the mortgage payers and we'd actually pay the mortgage, so we've got something for the future?
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Help plse - Advice on Endowment action!
I know I’ve left things a little late but I understand I may have a few weeks left to sort out Endowment action. I have 2 endowments, one from Norwich Union purchased in the late 80’s, another from Standard life, purchased in the early 90’s. I’ve have a letter from a financial services company that sold me the Norwich…
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Remortgage on Income Support
Hi all, first time posting on here so hello ;-) Does anyone know of a lender that will offer a mortgage to someone on income support? My promotional period is about to end on my mortgage and while they (halifax) are willing to offer me a new promotion it isn't brilliant. The best I can get for a two year tie in is 5.29%…
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CeMAP 1 exam tomorrow !!
Ex (thank god!) partner posted under my username, deleting the posts, sorry, I have no idea about CEMAP.
