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Endowment Mortgage Advice Please (Should My Mum Sell-Up?)
Hello, I was wondering whether the vast knowledge of you Moneysavingexperts out there might be able to help me out. My recently retired mother has an outstanding endowment mortgage with the Halifax who previously told her that she wasn't eligible for any mis-selling compensation. They recently wrote to her to say they were…
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Endowment Questionnaire
I have made a complaint about a NU Endowment sold by the Woolwich in 1988 and today I have received a 12 page questionnaire from Barclays. I can answer most of the questions but there is a section asking if I have any Peps or ISAs. I do have a Cash ISA with another BS and a very small amount in a Pep, but I didn't have…
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Abbey won't accept deposit!
Hi, I am trying to buy a house to accomodate myself, my partner, my brother and mother. My brother and I have had an offer of a mortgage from the Abbey, but they will not allow my partner to supply the deposit as a gift to us, he has even got a Deed of Trust drawn up by his Solicitor to try and get them to let him supply…
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Take a name off mortgage
Hi all, I don't visit up here very often :hello: My brother and his wife have split up, they bought a house together a couple of years ago with a joint mortgage. They're still good friends though and have agreed a way to split things up. She moved out and said she didn't want the house, she'd like to take her name off the…
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NU endowment - direct sell. Claim for compensation?
I've been reading many threads here about claims being made on mis-sold endowments and co-incides with yet another warning letter received from NU - a "Red Alert" this time. Although I have looked at many stories on these boards, none seem to tie-in with my circumstances - I would be grateful for any views regarding making…
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Applying for mortgage
I am in the midst of applying for a mortgage and will need to submit bank statements to the mortgage company. The problem - I have online bank accounts and do not have paper statement. I could print it off from the Internet but the mortgage company had said they will not accept it as it must be coming from the bank. I have…
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Any other Friends Provident claims?
Hi, I am doing an endowment claim for my Mum and Dad, and it is being returned to the Financial Omb. very soon. Has anybody had any success with claims with Friends Provident? Thanks
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Selling endowment policy - who buys ?
Is there a list of companies anywhere that buy endowments ? Just had a quote from Robin Lloyd - they've increased on the endowment surrender value by £600 odd, but not impressed with their service - there computer has lost details etc .. By comparison an online quote with AAP told me that it was worth potentially upto…
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Endowment surrender advice needed
Hi all, hope someone can give some advice on my endowment. First, the good news: I've just had a compensation cheque for £1,900, after following the advice on this site and complaining about the mis-selling of my policy. Now, I need to decide whether to surrender the endowment or not. Details are as follows: It is with…
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Transferring equity - stamp duty rules (or not!)
Help!!!!!! Two mortgage brokers have given me different advice. I originally bought a house for £243k I have a mortgage for 207k I am getting a remortgage (with a new company) for 220k and putting my partner on the mortgage at the same time. Do we pay stamp duty on half the original purchase price i.e. £121.5k or on half…
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Remortgaing soon
Hi, My current 2 yr deal is up at the end of November and i don't really know the best way of going. Should i continue as i have in the past and source a 2yr deal, or do i get a deal for the remaining length of my mortgage. Any ideas greatly appreciated.
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bad credit but want to buy
my partner earns around 20k a year,i dont work i stay at home with children at the moment we are paying £80 in rent each week housing !!!,but think this is dead money. but the problem is my partner and i have bad credit,we can not get any credit cards as we have debts outstanding to around 10k,is there a company who can…
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Consent to Lease - Halifax
Hello I have an existing 5 year fixed mortage with Halifax at 3.99%. I am about to relocate overseas and went to see my local branch of the Halifax to arrange consent to lease as I plan to rent the property. I had previously been told by the Halifx that it would cost £75 and was a straight forward process. However, when I…
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Help with FTB Morgage please ???
I know you prob cant give a definitive answer, but would appreciate some input from people to point me in the right direction. OK, rough situation - me and my wife are looking to buy our first house : Her - employed, earns £31K per year, has debts of £15K total Me - self employed - earn £38K per year ( only have 1 year…
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First Time buyer with debt and no deposit. HELP!
HI. My partner an I are trying to buy our first house. We're based in london and curently paying £1000/pcm between us in rent. He earns £25,700, I earn £15K guaranteed with proof, but a substantial additional figure through self employment (around £6k pa) but have no proof of this as yet. Between us, we have debts from our…
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Endowment compensation...
We have an Axa low cost endowment policy and we have been offered compensation, now we don't know whether to surrender, sell or keep the policy. To be honest we still don't fully understand the factors involved as to whether it's a good investment or not. Anyway these are the figures: Gteed death benefit £13300 Basic sum…
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any views !! ??
at 22yrs old i asked a financial guy to help me get a mortgage,and the best one for me,i bought my house for 20.000 (i got 50% council discount,house was 40.000) he very quickly sold me an endowment mortgage he was an agent for legal & general,he told me that at the end of term i would be able to pay off my mortgage and…
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Mortgage searches / credit scoring
I am looking for a mortgage and have been filling in forms etc on various lenders sites in order to obtain mostly full KFIs or in a couple of cases an Agreement in Principal. I have also asked London & Country to have a search for me...then it occured to me...am i doing my credit score harm by taking this approach?
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Any benefit from waiting to be on electoral register?
I won't be on the electoral role until mid July, having just registered after moving to rented accommodation in mid July 2005. I was last on the register at my previous address more than ten years ago and that's not correctable. I'm looking for properties around 90,000. Gross salary 34,000 at present likely to rise to the…
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confused & frightened
Hello, Can someone please direct me where to start. I have been reading through some on the posts here, and much of this is going over my head. My father went to the Halifax on his 70th birthday (in march) thinking that his mortgage was paid and he was getting a lump sum. But he was told that the payments he has been…
