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Swap rates rising
OK, i'm no expert on this but it looks like swap rates are rising quite quickly now. http://www.clpuk.com/ The brokers on here will know better than me if that's filtered through to mortgage offers yet. But I would imagine it will quite soon, so best grab those 4.34% fixes while you can, wouldn't you think?
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Does this seem do-able to you?
Hi, I've recently been presented with a opportunity to buy a small property in my home town in Wales. My OH and I currently rent a flat in York and pay £460 pcm. Between us we earn nearly £43000 pa but cannot afford to buy anything in this area as house prices are so high. My grandfather wants to sell his terraced house in…
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Endowment - missold although no longer linked to house?
Hi All We have an endowment policy that was linked to our first house. About seven years ago we moved and remortgaged to a repayment policy. Can we claim due to mis-selling even though the policy is no longer 'part' of a mortgage? Thanks Alan
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Second mortgage advice please
Friend has a 45k Halifax repayment mortgage outstanding on a 135k property. Monthly payment of 290 inc insurances. Combined salaries of 38.5k She wants an 80k second mortgage with a new lender to be used primarily to consolidate all existing unsecured loans/credit cards (approx 50k) currently repaying 750 a month to…
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Quit...? or Move...?
I'm desperate to move house and we're currently in the process of decluttering our flat to prepare to sell. It's not a very quick thing though as there are some minor renovations to do to make it saleable, and there is some complicated legal paperwork to get to grips with before we can sell... that's disregarding finding a…
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Remortgaging and changing job at the same time!
I would very much appreciate advice from people: I am up for remortgaging on the 1st July, with the same lender (Nationwide) but another fixed rate deal after my current fix lapses. As it happens I am starting a new job on the first of June. My salary is slightly better than I am on now, but would you recommend putting in…
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release equity from house
Hi All, I'm a new member to this web site so hope this receives some replies with advice. My parents are pensioners and live in Glasgow (Scottish Law), they are struggling financially and wonder what their options are for releasing equity from their fully paid property. I understand there are lots of scams going and I…
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Keep Clerical Medical endowment or not?
We would appreciate your thoughts on a Clerical Medical with profits endowment policy that we have, should we keep it going or cash it in? The endowment orignally taken out in 1987 to cover £36,000 mortgage but we have switched to repayment basis so it's not supporting the mortgage. Our thoughts at the moment are to keep…
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Endowment Complaint & Data Protection
Not sure if this question is relevant in this forum... But I'll ask anyway. Does anyone know how long a company has to release my file, once it has been asked for in writing? I was under the impression that data protection laws and freedom of information laws entitled me to my file... Any help appreciated. Thank you.
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Lender Conveyancing Fee
I've had a quote for a mortgage and it includes a 'Lender Coveyancing Fee payable to solicitor' of £189.00. I wasn't aware there was an additional charge payable to my coneyancer in addition to the work already included in the quotation Is this work included within the fee a conveyancer might typically charge for…
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Endowments sold feb 1988
Where do i begin Back in febuary 1988 me and my then girlfriend , now my wife were in the process of buying our first house. We used the financial services of the estate agents we were purchasing from. I remember to the letter, how the so called financial expert sold us the endowment.Both my wife and me skipped…
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Temporary Worker Cant Get Mortgage HELP!
Hi, I'm a temporary worker, i work for an agency and i'm trying to get a remortgage/mortgage but i've been told by the 'mortgage point' that no where will accept me for a mortgage aslong as i'm not in a permanent position. I would like to know if i might be eligible for a self cert mortgage, or is there anywhere that would…
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Use London & Country for Remortgaging
I can highly recommend L&C - they provide a promt service - mostly done online so no lenghty forms to fill in, and they dont charge a penny for their services! John Charcol quoted me a mortgage, along with their £350 fee. L&C can get me the exact same deal and I dont have to pay the £350 brokers' fee, plus L&C seem to be…
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Mortgage Broker recommendation
Hi, I would be very grateful if someone could give me a personal recommendation for a whole of market Mortgage Broker in the Birmingham area. Suffice to say that I'm a firm believer in word of mouth advertising. Many thanks in advance. Harshan
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Can they charge this?
Hi, my girlfriend and I are FTBers and, through a broker, were pre-approved for a mortgage of £186k. Barclays also pre-approved us for approximately this amount and we went with them directly actually borrowing £144,875 with a 5% deposit. The Woolwich (underwriters for Barlcays) sent us all of the paperwork which we signed…
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who will give 100% mortgages?
hi, me and partner our looking for our first home together, we cant afford to save for a deposit and was just wondering who can give us a 100% mortgage and would the rates be higher for this?
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Need advice.. i am in my first house but want to sell and buy elsewhere
Hi there i need advice on how you go about selling and buying another house. I know this is probably not difficult but I havent got a clue. My husband and I are in our first house. we have been here for 2.5 years. we have a fixed rate for 3 years with abbey at a rate of 5.34% fixed. we would like to sell and move to a…
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Help needed understanding remortgages
Considering I'm quite money savyy, Im ashamed to say Ive never moved my mortgage as I dont really understand the ins and outs so any advice would be appreciated. We took out our endowment mortgage with Nationwide in1988 and are still with them!! We are currently paying 5.89% which I believe is quite high. The main reason I…
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Mortgage searches on moneysupermarket.com
Does anyone know why when I do a 'Right To Buy' mortgage search on moneysupermarket.com the monthly payments come out at almost DOUBLE compared to a straight-forward 'First Time Buyer' mortgage search? Are RTB borrowers considered more risky or something just because they are council flat dwellers?
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Propery owned outright need mortgage/remortgage??
Hi, I wonder if someone would be able to help me in regard to our current situation, we currently own our property outright (as we paid off the mortage two years ago) and have now decided to have an extension on the side for which we would need £30000.. I've been told that it would be more convenient and cheaper to get a…
