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First time Buyer
Hi All i am sorry if this question is posted already.. Well i am 24 years old and working full time living in london and my earning are 22k , i am looking for mortgage of 2 or 3 bed room house or flat.. All i want to know how does it work , suppose if i like a house and want to get mortgage on that how and who will i…
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Have you ever successfully appealed a credit decision?
The story so far is that me and my girlfriend (FTB'ers)went to Natwest for £95,000 on a 100% mortgage. We do have intentions of saving a 5% deposit but thought we'd try now. Anyway when we got the credit checks made they were refused based on the info in my credit report. So I asked if i can appeal he said yes, but get…
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Should I bother with chasing compensation?
As a first time buyer I was advised to get an endowment mortgage back in 1997. It was probably about 4-5 years later when I started to get letters saying I would need to increase the payments in order to ensure it would cover the property price. I was under the impression as well I was tied in for 5 years so after 5 years…
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Changing names on Mortgage
Hi, does anyone know how this is done? Changing from Ex to new man, as have reached financial agreement and paying him to bog off, he he! Believe I need a solicitor, but no idea about costs and what the mortgage company do??? Anybody have a clue.
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Interest Only Mortgages
Hi, I am new to this forum, so, apologies if this question has been asked before!! My question is simply: If I get an interest only mortgage, do I have to (i.e. is it a legal requirement to) set up a separate investment that will grow and will pay off the mortgage at the end of the 25yr life of the mortgage? It seems that…
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Getting a mortgage whilst temping
A friend of mine's mortgage deal is up and she wants a new deal, only thing is that she is currently temping and doesnt have a permanent job. Will this limit her choice of mortgage provider?
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Mortgage Advisors
Hi guys, I'm single, 23 and male and looking to move out. I'm currently earning £30k a year so as you can imagine I need to make sure I get the right mortgage and I've been considering consulting with Mortgage Advisors. I live in the Dorset area and so was considering http://www.seasensemortgages.com/ - but I guess my…
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mortgage renewal question...
hi chaps. i took out a FTB mortgage nearly 3 years ago now. ( FTB 3 YEARS TRACKER) Coming up for renewal soon and i want to try to work out what i will be paying on a new deal, but, ( call me thick) how do i do it..... i borrowed 91,000 3 years ago, and iam paying £525 pm repayment mortgage its now down to 86,000 so, when…
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Northern Rock and underpayments against an unsecured loan
12 months ago my fiancée and I took out a mortgage with Northern Rock (NR). Along side the mortgage we also borrowed an unsecured amount, partly to pay the deposit on the house, and partly to pay off the outstanding balance I had on a car. We started to pay the mortgage October '05 and have been paying the same amount…
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Stroud & Swindon 4.69% Fixed???
Current Discounted rate with Abbey due to end shortly - seriously considering remortgage to Stroud and Swindon 4.69% 2 year fixed - £200k mortgage. £898 application fee. I can't seem to find out much about Stroud & Swindon on here. Does anyone have any experience, or know of any potential pitfalls with this lender? Thanks…
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Northern Rock - On probation
My fiancee and I are currently looking for first house. We have spoke to Northern Rock who ran credit check and stated we have a higher credit rating therefore stated how much we could lend. The problem is my fiancee throught she was only on a 6 month probabtion with the Revenues and Customs but she has just found out it…
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Change from One account or not?
Hi, We have had the one account for some 8 years now. Has worked extremely well for us and hubby is higher rate tax payer, so tend to leave mostly everything in the account. When we first started the interest rate was very competitive. We are now in a position that it would be paid off in some 2 years or a bit longer.…
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RBS looking to drop ONE accounts soon
I had a very interesting chat with a senior person at RBS today, and i was told that they are looking into dropping the ONE account, runnign costs and low uptake are proving a low return for RBS, Perosnally i blame them for messing with the branding so mch over the last few years. There is still a low uptake on offsets…
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"Offsetting is just a gimmick"?
I picked up the title quote from a previous thread (but not sure where now) and I'm still trying to figure it out. I think I’m pulling together strands from a few different previous threads. I need to re-mortgage because I'm on a rubbish short term rate (6.3%) but no tie in with Halifax. But I also have £40,000 savings in…
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100% Right to buy Mortgage - 34K Discount
Hi We have full discount on our council house which equates to £34K off the value. The value is £220K we have to pay £186K if we want to buy. Is it possible to get a lender to lend us 100% of the value so we can use the extra £34k - which we wouldn't need for the purchase - on improvements? We aren't sure if a 100%…
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Concrete builds
Does anyone know the reasons certain mortgage lenders won't lend on concrete builds. My girlfriend and I are looking for our first flat and we want to live in an area of London where, frankly, we couldn't afford anything else other than concrete ex-council. The estate agent who showed us around one flat suggested this…
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Remortgage A&L
My current A&L discounted mortgage expired in September and for past few months returned to the A&L standard rate. I have £55K with 17.5 yrs left. After reading around here and checking out recomended lenders, I've decided to stick with A&L. I found that while other lenders repayments were approx £10 a month less, after…
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early repayment period finishes...
hi alll, my mortgage early repayment period finishes 1st may 2007 is it up to me to sort out a new 'product' before that time or will the bank call me to make an apointment to go and see them ( halifax )? if the Boe put up interest rates to say.... 6% by then, what kind of a deal could i expect? (paying £525 pm now on…
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A question for Mr lewis on Mortgage closing admin fees
The reason i ask this of mr Lewis is i just watched him on News 24 talking about the bank charges, the statement he used was that the banks cannot charge an unreasonable amount for something that does not cost them that much. That is when i thought of a personal hate of my own for some years now, Mortgage closing admin…
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The Mortgage Trust
Hi all, has anyone had any dealings with the company "mortgage trust", they seem to have very good buy to let rates but I've never heard of them. Any advice would be welcome.
