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Old Lost Endowment
Hi - I'm new on here but what a lot of good stuff there is! Anyway - I think that I might have had an endowment policy on a flat I bought in London about 24 years ago. I didn't have the property long - about 18 - 20 mths and at the time it only cost me £23,500 (!!!!!!). When I sold it I bought a leasehold business and…
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Negative equity...
Good evening. I have buying a flat with my girlfriend (exchange date 21st July woohoo!), but we have borrowed more than we need to. This happened because we looked at loads of flates but actually liked one of the cheapest one's so we have about £8,000 left over. Obviously, this is nice to have £8,000 to perhaps have a…
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Standard Life Endowment Help - Confused!
Hi all, I'm just looking for a little advice and reassurance. I'm currently helping my mum sort out her finances. We have a mortgage that was taken out 15 years ago as part interest only and part cap&repayment. The interest only part was for £25,000 and a Standard Life Endowment was set up to pay this. Its a with-profits…
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Higher lending charges: Who needs them?
I certainly don't. I recently discovered that Nationwide are offering a tracker with a start rate of 4.67% for two years, with a loan to value of up to 95% without them levying a higher lending charge. Does anyone else know of similar products offered by other lenders that have comparable or more competative rates? I am a…
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FTB 100% Mortgages or Save for deposit
Hello, I live in London with my boyfriend and am in the fortunate position that we can get a mortgage big enough to buy a flat (even if it will be a small one!) The thing is I'm an impatient girl and want to do this all sooner rather than later. It will take us about a year to save 5% deposit and then we could possibly ask…
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FTB in current job 5 weeks
Is it true that you have to have been with your current employer 6 months before you would get a mortgage ?
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How to find out outstanding mortgage on house?
All, A family member has got himself into financial debt (again), and is about to have his house repossessed. We want to try and help out, but he's too embarrased and cagey about talking numbers. He starts feeling sorry for himself, and pretending that the problem is not as bad as it seems. We asked how much debt he has…
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Mortgages post bankruptcy.. Almost...
Hi, tomorrow I am finally discharged from bankruptcy. I want to start looking at what my options are with regard to mortgages, currently I am renting 800 per month but really wish I could be spending that money towards a home for my family.. I cant help feeling its wasted money. Can anyone advice me taking into…
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Job changing - mortgage advice needed please
Hi all I'm hoping someone can advise me on my situation. I’ve been in my job for 6 yrs and I’m being made redundant on 31 of December 2006 My mortgage with the Abbey is up in June 2007 Currently I owe £140,000, I’m on a tracker that’s +0.64 above the base rate (currently 5.14) and it will cost me about £1800 to leave for…
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credit check on buy to let
Hi guys , I am looking at helping a mate out of a tight spot , it would be ideal if he could release some capital in his house. A buy to let mortgage could do that but he is worried he wouldnt get one due to his bad credit. As I understand most buy to lets dont take into account only the rental income against the mortgage…
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new home
Hi My partner and I are both teachers and have recently moved to London. We have a combined salary of 48k and the only debt i have is 4k car loan which i pay £100 a month for. We have savings of approx 20k for a deposit. We think we will need to borrow around 160-170k. How much will that cost a month? I need to know…
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Need a new Mortgage - Pronto
Hello folks I come on here tonight with the sole purpose of genning myself on everything about remortgaging - but all of Martins advice PDF's are down....:confused: So thought i would you lovely lot for your advise;) Right got my current deal with HBOS, currently on 5.? which is due to expire on the 1st August when it will…
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First Time Buyer 100% Mortgage
Hi me and my partner are looking to get a 100% mortgage maybe even 125%, however we have been told that both applicants need to be over the age of 21 to get one is this correct?????? Regular_Guy
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Redemption administration charge... £295!
I recently re-mortgaged bc my discounted (and tie-in) period expired, going from Alliance & Leicester to Nationwide. Received an invoice through Nationwide from A&L for £295... "Redemption Administration Charge" Rung up customer services and was pointed to the T&C's booklet (not the production description letter/package…
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House falling down
I am a first time buyer in the process of purchasing a flat, and consequently have no experience of what happens when things go wrong, so I am appealing to Money savers for some friendly advice based on your experiences.... Everything was going swimmingly and according to plan - the mortgage company's survey came back fine…
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Current mortgage - letting
Hi, I have a current mortgage with Northern Rock that i'm tied into for another year. Aug 2007. I'm going to let the house out for a couple of year probably. I've read my mortgage fees and it says the fee for changing my mortgage ( Letting Fee Annual ) is £100. Is that all i have to pay? Apart from changing my insurance…
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I feel like the confused.com guy!
I am ever so grateful for all the good advice that comes through this site. However, I'm finding it very difficult to heed some of the adivce and make 'the right' decision. If anyone can help, our situation in the main is thus: Mortgage term remaining: 20.5 years Amount: 82k Provider: HSBC Rate: 5.5 variable tracker (no…
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Home Buying Reform 2007 ??
Hi i overhead a converstaion where someone was sayig that next year the home buying & selling process in england & wales is to change, something about some sort of passport needed to move house costing £700 and bascially making it more difficult for people to move house, hence trying to clamp down on so many people making…
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How much can I borrow?
I am looking to buy a house on my own in the next 6-12 months. I have a salary of 28K with monthly bonus which adds up to make my earnings around 33k annually. By the point I come to buy, I will have no other outgoings such as a car or credit card, so I am wondering on how much I will be able to borrow? I'll be looking at…
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Urgent - Best 100% mortgage
Hi, I'm hoping someone can help me here, i'm after the best 100% mortgage which is fixed for at least 3 years and no more than 5 years. The amount is £158,000. Its pretty urgent so any help whatsoever would be great. Thanks a lot.
