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msn money artical
http://money.uk.msn.com/mortgages/mortgageguide/article.aspx?cp-documentid=3215931 was abit surprised to see this wondered what you thought ? simon :confused:
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Advantage Flexi-share Mortgage
Me and my partner are looking for a mortgage and was advised about this new flexi-share mortgage from Advantage. (Morgan and Stanley). Just wondering if anyone has any experience or information regarding this type of mortgage? heard it is a better alternative to shared ownership and the Government lead home buy scheme. Is…
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Mortgage Fee Reclaiming - Case Study wanted
Hi folks, BBC Breakfast are looking to do an item on Mortgage Exit Fee Reclaiming, and would like to speak to a consumer who has had a go at this. Here is the brief: If anyone is interested in being involved, please PM me and I'll let you know the details. Cheers Dan
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Can i still keep my endowment?
Hi, I,m going to change my mortgage over to a repayment from an interest only as i recently won my claim for compensation on my endowment.Can i still keep my endowment going for myself for a bit longer or maybe full term depending on how it carries on performing and not keep it linked to my mortgage? I can afford to keep…
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15-year fixed rate mortgages
Does anyone have opinions (good or bad) on 15-year fixed rate mortgages? Northern Rock are currently offering 5.49% on a 15-year term and we are considering this option. Having a fixed rate for 15 years seems an attractive option as interest rates seem to be recovering from a ‘low’. In theory, benefits include not having…
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endowment sale offer
I've recently gone down the road of selling my endowment policy.I've had a few quotes through,the best(by around £2000) is with a company called Integrity. I have read in the past that their offers are subject to them finding a buyer, speaking to them on the phone,they say the offer is what i will get & is not relying on a…
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Endowment Compensation question
Hi , i have three endowement policies , 1st taken in 1994 , time barred , 2nd taken in 1996 , currently being assessed , 3rd taken in 1999 complaint upheld :j . All policies designed to payout in 2019. when we took the 3rd endowment it was for a 20year term and increased the endowment premiums to £251 per month. Our…
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Remortgage valuation questions
I am in a bit of a pickle here. Basically, i have a flat worth £175k (3 independent estate agents have said it could sell for this). Current mortgage is £140k, and we have £25k of debt. I have looked into a furthur advance from our mortgage company, halifax, and we were refused as they didnt value our house high enough.…
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Equity release for second home?
I would appreciate any advice on this subject as my internet research has left me quite confused. My home is worth £350k with an oustanding mortage of £210k. Due to work relocation, I'm trying to buy a flat in London, and hope to use the equity in my home for part of this. Looking up equity release on the net though only…
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Been turned down for mortgage - advice needed!
We've just been turned down by a high street lender (not our bank) and need some advice. We wanted to move house taking out a new £250k mortgage with a £30k deposit. The rest of the money we would make from the sale of our existing house (about £25k) we were planning to use on debt repayment. The building society said they…
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Re-mortgaging a buy to let
Hi, I have a mortgage on a buy-to-let house. Does anyone know the rules concerning remortgaging the house with regard when tax implications kick in? Can it always be remortgaged only up to the original mortgage amount of £96k, or can it be remortgaged up to the purchase price of £113.5k? thanks, Martin
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Is he Right?
Please can somebody advise me on the following.... My divorce was finalised in September and part of the settlement was that my Ex would sign over his half of the house (I have this information in a solicitor's letter). It's been an extremely nasty divorce with him going on sick leave from work so he only has to pay me £5…
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Equity Release - are you considering?
ITV1's Tonight with Trevor McDonald series are looking for a couple in their 60's who may be considering using an equity release scheme to unlock equity from their property in order to enhance their current lifestyle. Martin will look into the best financial options available to them in order to secure their current and…
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Can someone have 2 mortgages on 2 properties?
A friend of mine lives on her own in a house being bought by herself with a mortgage. She wants to know if she can buy another property jointly with another person, while staying in her present house. Her friend would be living at the 2nd property but their two names would be on the mortgage so she wants to know if she can…
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Advice needed on mortgage charge
Has anyone any advice/experience on the large redemption charge when closing a mortgage as to how to reduce or contest it. Is it possible to do this. I am looking at over £4,000 just because I not so long ago switched from a variable to a fixed rate.--Thanks jashel
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Mortgage quotes, why different with existing debt?
toying with the idea of moving, been playing around with mortgage calculators this morning. surprised to see that (as an example only) A&L quote calculator gives you a completely different amount you can borrow depending on whether your existing debt is a loan or on credit cards. if you say your loan repayments each month…
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Endowment Question when you pay off mortage early
My Mate has a 20K mortage with an endowment to pay it off. He has come into some money and wants to pay off the 20K mortage. The endowment still has 4 years left to run.Am i right in thinking if they pay off the mortage today and he or his wife dies next month they will get the full 20K even though the mortage is paid off…
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Chelsea Cashback
I am going to be purchasing a property in August and am thinking of going to Chelsea to take advantage of there cashback deal. The motgage is for 162000 on a house worth 180000 - The reason I want the cashback is because I was going to be applying for a loan after the purchase to pay for some improvements but could use the…
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Nationwide mortgage - no benefit from mutuality?
Slightly odd query, but I took out a mortgage today with the Nationwide. On re-reading the paperwork tonight, there is an odd sounding paragraph at the end of the small print. The gist of it is: Am I reading this right, that I'm being forced to agree to surrender ownership of my share of the company in the event of…
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London & Manchester Unit Linked Endowment Performance
Hi I wonder if anyone can enlighten me on the performance of London and Manchester Assurance Investment Mortgage Plan Flexible Fund (now owned by Friends Provident) I took it out in April 1988 to cover a £75,000 mortgage. It is due to mature in six years - June 2013. According to the statements the type of unit is "master…
