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Northern Rock Mortgages
The FTB at the bottom of our chain is getting a mortagge form the Northern Rock.It seems to be taking ages to get the mortgage offer,anybody had dealings with them and how long has it taken for you to get the offer through?
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Property prices by Location ?
is there any one who can provide the prices variation difference by counties or areas.....? any helpful link Thanks.
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100% LTV 1st Time Buyer
Hi, I am relocating with my work and will be much better off if I buy a property. I do get 6 months in rented accommodation until I find a property but I obv need to start thinking about this now. I have only just graduated and therefore have no savings, nor parents who can assist with a deposit. I will need to go for 100%…
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The One Account
I've just visited this website called One Account that my mate saw as I am thinking of buying a studio flat as a first time buyer in a year or so... Now... It claims that if I borrow 80k (which with a 30yr mortgage and interest would become a true total payable amount of about 160k) I will only pay back around 20k interest…
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We want a mortgage.. is it an impossible situation??
Hi there I was wondering whether anyone can advise us on our situation. At the moment my husband and I are renting and its really p***** me off that we have to pay £800 a month. To me thats just dead money. Anyway our combined salary is about 51k a year. So I know that there is no problem with us paying for a mortgage.…
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Help help help!
Hello all - I'm new to the forums but not to the site and as I know there are some extremely clued up people out there I wanted to request some help. It's not strictly about money saving but may be life saving. And you may want to get a cup of tea and a biscuit - its a long read. I currently live with my partner here in…
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First Direct Offset and going overdrawn
I currently have a Woolwich Offset mortgage and link current account. I really like the flexibility it gives me though I realise the interest rate may not be the best. We are now buying a new house and with it a new mortgage, we have chosen First Directs flexible offset tracker because the rate is lower (during the first…
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HELP!!! Missold Endowment
First of all I would like to thank Martin Lewis for his expert advice concerning directly contacting the company that missold the policy rather than going through someone else at a cost. Anyway, using the letter template provided by Endowmentaction, I directly contacted the Abbey, who sold me the policy with my mortgage…
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Fee free Mortgage advisors
Is there a list out there (if not how about starting one) for fee free mortgage advisors , I made an appointment with one who never mentioned his fees until he sent me details of possible mortgages with his £450 slapped on , another bumbled about sometimes we charge , sometimes we dont when I rang him up. It seems they are…
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First Time buyer - fixed rate or tracker
Hello Im about to buy for the first time. I can either get a 3 year fixed paying back 444 a month but i get 1095 cash back which will pay all but £300 of my total fees. The other option is 2 year variable which is paying back 398 a month (but i'll have to pay all my fees) but what are the chances of that rate going up…
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How can I work out how much we can borrow?
Total value of existing two properties is £430,000 of which 185k is equity. Our total outgoing mortgage payments per month are £1100. If we rented out our current homes out joint monthly rental income (before any expenses etc) would be about £2100. Combined incomes are about £60k per annum. How would a mortgage lender use…
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Permission to let for first time buyers?
I heard on a radio 4 programme that first time buyers who are working in a 'live-in' occupation e.g. forces personnel, can get permission to let their first property. The presenter said that not many mortgage providers offer this type of mortgage, but there are some that specialise. Does anyone know of any I could contact?…
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Equity release as a means of settling divorce dispute over house?
My partner's ex wife lives in their jointly owned house. He is reluctant to force her to move but wants his share of the equity. They have never yet taken this matter to the courts. Would anyone know anything about whether equity release may be a solution?
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Northern Rock Together
My partner and I are first time buyers. We have left it until our 30's to get on the property ladder. Our IFA has offered us a NR Together mortgage as our best option at 6.1 We would like to buy a £450,000 house. We earn £90,000 and £70,000 respectively but only have £18,000 saved which would pay our stamp duty and…
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25yr v 40yr mortgage!
I currently have a 40yr mortgage for £84k and am looking to remortgage for £75k (I’ve built up some savings as I’m not allowed to overrepay at the mo) - I’m looking for the best rate over the first two years as I’m looking to move after this. I already have a small buffer in savings (about £4k thanks to MSE!) and my…
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Joint Mortgage - how much am i likely to get?
Me and my girlfriend are considering buying our first home. We have a joint income of £36k (24 me, 12 her) and a decent size deposit available (£~30k). Was just wondering if anyone could offer a ballpark figure of how much we could expect to be offered for a mortagage to buy a house? This house-buying is a scary prospect…
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NU Endowment claim, no mortgage
Hi Having received my ‘red notification’ letter, I have applied to the NU for compensation. I now have their questionnaire to complete. I am claiming for mis-selling as I was advised the endowment would pay off my mortgage and give a lump sum. I no longer have a mortgage against my endowment as I have sold the house. Do I…
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First Time buyer - desperate for help!!
Hi... Ok I am getting myself really really confused and seem to be going round in circles!! I am trying to sort out a mortgage as I am desperate to buy a flat in London. I have a good deposit of about 30k but i only earn 20k. I am trying to buy a 2 bed flat so that I can rent the other room out to my friend and help me pay…
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Mortgage off Plan
Hi there - does anyone know if it is possible to raise a new mortgage for building onto current property or would I have to settle current mortg. and take on new deal to cover all ?? would be difficult to value if not built yet??
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Urgent Help Needed on Northern Rock Remortgage Fees!
Hi everyone As you may have seen in my NR remortgage thread I have decided to take a fixed rate remortgage with NR at 5.29%. Sorry for repeating myself but as this is an urgent question I thought maybe starting a new thread would get quicker replies. NR told me that I would end up after fees with £70 left over (£75…
