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Fix now!!
If you are looking at fixing your mortgage do it now!! My mortgage deal ends on 30th June so I have been looking about for new deals. I found a suitable one but thought it would be best to wait until the Bank of England announced their rates shortly incase they were reduced. Until i received MSE newsletter yesterday i…
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Mortgage cover
Is it worthwhile getting mortgage cover? With Halifax at the moment and they just sent me cover notice which would bump up my monthly payment by another £30!
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Penalties dispute
First time here so i hope I'm in the right thread. We recently moved house and were tied in with Northern Rock until November 2006. The house we are purchasing is in a state of disrepair but we have the funds, guarantees and time to undertake the necessary repairs. After speaking with Northern Rock they agreed to port the…
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FTB Mortgage + Improvement loan??
I'm looking for some advice about mortgages. Myself and my fiance are currently looking for our first house, which we think we may have found! The problem is that the house needs a lot of work doing on it, eg rewiring, new plumbing, possible extension etc. The house price reflects that this work needs doing but our…
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Implications of 2 mortgages
This is my first post (been browsing for a few months) and I'd like some advice please. My partner and I have the opprtunity to buy our council house for £81k:j , but my partner still has his name on the mortgage at his old house that his wife and 2 children live in.Is he able to do this and what are the tax implications.I…
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Mortgages for Buying Property Abroad
Hi, My partner and I currently rent a flat in the UK. Between us we earn £44000 a year but can still not afford to get on the property ladder. We have been considering the possibility of buying abroad instead which may help us raise a deposit for a home here in the future, and help us get on the property ladder. However,…
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Friends Provident Endowment Advise?
Can you help on this my 1st post! We have finally got a settlement figure from them due to a complaint and help from this site(thank you all) Is it best to :- A)accept and put the amount+£25 pm into savings a/c,which would get it quite close to the maturity value. B)Put the same amount in our VirginOne a/c C)Leave as is…
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Paying mortgage weekly?
Hi just a quick question, we had a double glazing salesman around last night and he mentioned that he pays his mortgage weekly, i said by doing this he was saving a lot in interest. What i would like to know is, is what he tells me correct, and would people recommend doing it. At the moment we are with Nationwide 2 yr…
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Buy-to-let
Hi Guys, I am considering getting into the buy-to-let side of life and whilst I've done plenty of homework regarding the cost of houses/flats etc, I'm still a little confused about how to release the equity in my house. Should I simply re-mortgage (I still owe about £30K with 2 years to run)? Can anybody explain what…
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Fixed rate Offset
Does anyone think that a 5 year fixed rate @ 5.7% APR is a good deal? Sounds good and want to go for it but would appreciatte thoughts from others before i do!
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Admin Charge
My mortgage company BOIM has just told me I owe them £25 admin charge because I changed my insurer! With the current climate of scrutiny of unfair charges would you say this fell into that category? regards Steve
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How leniant are Abbey
We are in the process of changing to a flexible tracker with Abbey (our existing lender) We have no defaults or CCjs registered but have late payments on credit cards showing. No missed payments though. Our mortgage has always been paid on time without fail in the 4 years we have been with Abbey. As soon as the flexi…
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would this prove a problem?
what are the implications if any if your mortgage paperwork isn`t ready in time for your entry date.
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Student Mortgage
Hello Me and my husband have been looking a flat to rent for the coming acedemic year and up in newcastle its approx £450 for a 1-2 bedroom flat. Calculated over the next 4 years that adds up to ~ £20,000:eek: We were thinking about it and surely it would be better to put towards paying off a morgage.... We had a quick…
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Buying new house renting our old house
This question may sound really silly but I havent a clue about buying/selling/renting/mortgages.:confused: We brought our house 22 years ago ( three years left on our mortgage :j ) We now wish to sell our house to buy my fathers house (as hes moving). We really want to make a move really quick otherwise my father loses the…
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Equity release
Has anyone got any advise re Equity release. We are due to retire in two years and still have an outstanding mortgage. As we have lived in the family home for 28 years we are really reluctant to sell it and wondered if there is a reasonable way of releasing equity and still leaving some money to our children, any ideas?
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All In One??
Not sure where to post this, apologises in advance if its in the wrong place. All I keep seeing are advertisements for bank accounts eg: One Account where you have one account and only once a month a set amount goes out, which covers all your bills and apparently your mortgage is likely to get paid off quicker?? Can anyone…
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Survey help!
I am in the process of buying my council flat, it is in an 11 storey block (I'm top floor). I don't know which survey to go for, I know there are three available all with differeing degrees of information. One of the mortgage advisors that I am using has suggested that rather than carry out my own survey I should 'upgrade'…
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poppy sheppard
We applied received a letter saying we would receive a cheque for £250 and a good will gesture for an under performing endowment policy we have. I did not take the letter in properly and patiently waited for the cheque, it took several months to arrive, after chasing it up lots of times. I assumed, wrongly that the cheque…
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Making an overpayment on a flexible mortgage
I have a Barclays / woolwich openplan offset mortgage which allows me to make overpayments, i currently pay the required amount on 16th of each month, what i need to know is, is there a correct time in the month to make an overpayment ie:a day before or a day after my regular repayment date, (basically do i benefit in any…
