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Advice - New resident, first time buyers
Hiya, I hope I can get some advice on here. My boyfriend and I are first time buyers. He is an accountant, working for the past 4 years, with a good credit history. He has debts of about £15k however. I am Australian, having moved here 1 year ago. I have only one credit card (which was incredibly hard to get initially) and…
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standard life endowment should I sell
I have a standard life emdowment policy since 1991 .It will mature in 2016 My premiums are £21.28 per month . The surrender Value is £4600 ( standard life ) with profits sum assured is £5404.00 bonus is £2532.45 The life cover is £16600 . Should I cash this in and take a lump sum off my mortgage or should I let it run.
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best way to do this??
Hi everyone, myself and my girlfriend currently own a flat but we would very much like to purchase a house together and let the flat out, how easy would it be to get a second mortgage to purchase a house, also I'm on a DMP with CCCS would this affect our chances of aquiring a new mortgage in anyway? my current mortgage is…
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Abbey National Rip Off - Please Help
HELLO ALL THIS IS MY FIRST POST AND WOULD LIKE A BIT OF ADVICE. I AM MOVING (HOPEFULLY EARLY SEPTEMBER) AND AM REDEMING MY MORTGAGE FOR WHICH I RECEIVED THE STATEMENT THIS MORNING:mad: I HAVE A £30000 MORTGAGE AND I HAVE EARLY REPAYMENT CHARGES UNTIL 26TH OCTOBER THIS YEAR (SO A MAX OF TWO MONTHS) YET HERE IS WHAT THEY ARE…
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urgent advice please !
can anbody please advise me , we have a mortgage with amber homeloans £110,000 which has just finished its redemption period .i just assumed they would offer me a new deal to keep my custom (as we have always paid on time ) when i phoned today they just said sorry no rate deal at the moment ,but my circumstances have…
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When do you pay stamp duty?
Hello, This may seem like a really stupid question but.....when do you pay stamp duty on a property purchase? Our completion date for our £170k house was 30th June and, as yet, nobody has asked us to pay the £1700 stamp duty! We appointed our solicitor as our 'land tax agent' and it certainly wasn't included in their bill…
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First Time Buyer Mortgage Question
HI, I am looking to buy a property with my girlfriend. Is it best to get an agreement in principle once we have found the property we like? Also can you make an offer without an agreement in principle? Many thanks.
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Any Help Appreciated
Hi, we have a lengthy mortgage (still have 20years) of 106,000 with northern rock. Stupidly we took a loan with 1st plus but have now added that to our 60000 mortgage. Just wondering if its worth trying to change our lender or not? We currently pay 630 per month. Our house is worth between 135k-140k...Thanks ever so, x
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Missold Endownment Policy
HI IS IT POSSIBLE I CAN GET SOME INFOMATION PLEASE.... WE RECEIVED A LETTER FROM ARE INSURANCE Co ALLIED DUNBAR (gggrrrrrrrrrrrrrrrrrr) SAYING WE HAD RUN OUT OF TIME AND QUOTING (FSA RULES) YET MARTIN IS SAYING TO ACT NOW BEFORE ITS TO LATE. WE TOOK THE POLICY OUT IN MAY 95 AND SHALL I CONTACT THE FSO OR SHALL I FILE IT…
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Second Mortgage Help?
Hi, First post here, wondered if someone could give us some help. Due to the current round of NHS redundancies my wife will be taking a job in Exeter - about 300 miles away from where we live in Lancaster. The plan is she will live in Exeter during the week so needs a flat. Renting seems both expensive and leaving nothing…
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Selling My Endowment Policy
Can any one recommend any companies that buy endowments as i am going to cash mine in to pay towards house extension, figure it will make more in my property than as a policy. Are there only certain types they will buy? how much over the surrender rate could i realistically expect to get? current surrender value £7000,…
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Standard Life endowment - is there a market ?
I'm looking to value a Standard Life Homeplan critical illness / life endowment policy taken out to cover a previous residence in 1996. However since its 50:50 with-profits / unit linked is there a market out there ? I'm going to make some calls tomorrow but can anyone share their experiences on these policies ?
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Shared Ownership Mortgage
Help needed. Has anyone any idea of good deals at the moment for a first time buyer who is looking to buy a place under a shared ownership scheme, through a local housing association. The mortgage would be for 40% ownership & for approx. £68,000. Best so far is with Leeds Building Society - a 3 year Fixed @ 5.4% covering…
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What is A Mortgage Packager?
Hi there! Update on my situation is that Newbury did admit they made a mistake regarding my credit report and I am - as a I thought - clean, but after all of that, they still said No. This is because my OH has a satisfied CCJ from 2001 and a payment default in 2004, settled by return. So my mortgage adviser says he has…
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Interest question / stressed!
I make monthly payments on a repayment mortgage. If the payment was taken on the first of the month, what days would the interest cover? ie as a payment was taken today, does this include the interest that will be charged each day in August, or is it what was charged in July? The reason for my question is that today is the…
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Help Help !!!!!
We have a mortgage with Northern rock of which to settle is around £130,000, we also have a secured loan with Firstplus which was originally for £25,000. We are having financial problems at the moment and want to sell up as we are paying out £900 pcm. We can rent for £575.But the problem is Firstplus settlement figure is…
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Endowment dilemma - keep or cash in - v. confused
Hi Just rec'd compensation offer from endowment complaint but my dilemma now is whether to keep paying into endowment or cash in/sell on. I have requested quote for selling on - no info yet but would like some help on what to do next. The policy is a homemaker with-profits from Norwich Union. start date: 24 May 1996…
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Paying Off the Mortgage Question??
Hi My parents have an endowment mortgage will now be paying out. So its now possible to pay off their mortgage. I don't have much knowledge on mortgages so would like some advice. The Mortgage is with the Abbey who have given them 3 options. 1- Pay off the full amount. BUT Abbey will charge a £225 Repayment Fee for closing…
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Mortgage, where do you start ?
I have decided to move house. I have no mortgage at present but will need to get one for my new house. BUT, where the heck do you start? I have been looking on the internet for advice but gosh there is so much info out there where do you start? I want to borow around £100,000 and hope to go for a 15 year term. I really…
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FTB Mortgage Advice
Woud someone be able to help give advice please on whether I could get a mortgage to cover the cost of buying a home in Scotland. At the moment I am looking to put an offer in on properties that are valued at approx £150k to £160k (advertised at O/O £140k)- however I have already lost out on 4 properties where I have bid…
