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Mortgage Redemption Refunded - in full!
We paid off the balance of our mortgage last December and Abbey wanted £225 to discharge the mortgage, which I was not very happy about - as you can imagine! After having my compliant passed to head office, I've come home to a letter from Abbey tonight, waiving the fee. So the moral of the story is to fight the fee!
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best mortgage deal
Anyone know of good fixed rate morgages with low fees currently? Cheers Magicman
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Mortgage for foreign nationals
Hi, My partner and I are foreign nationals and are interested in buying a property in the UK. My partner is working as a full time staff nurse with the NHS since Sept 2004. I graduated from a UK university in July 2006 and was employed full time since Sept 2006. We have made an offer and it has been accepted by the seller.…
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Which would you choose??
Hi there, if anyone could offer a little advice on this please, we'd be most grateful!! Sat down with the Mortgage Advisor today and have chosen a mortgage which seems good, but there was an alternative, and i fancy checking to see what you all think, as its our first and i don't want to make any mistakes this early on!…
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Mortgage Acceptance
Hi, me and my partner are in the process of buying a house for £86950. We are first time buyers with a joint income of just under £30000 a year. We need a 100% mortgage and heres where are problem started. My partner has a satisfied default on her credit record for £60 which is from a dispute with vodafone. This was paid…
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Reducing Mortgage Or Changing Deal??
I Am Thinking About Reducing The Length Of My Mortgage , I Currently Have 21 Years Left Out Of 25, My Deal Has Ended So I Have No Tie Ins. I Have About 61000 Left To Pay, And I Currently Pay 470 Ish Per Month I Went Today To See My Provider (portman) Who Said My Best Option Would Be To Change My Mortgage To A New Rate Of…
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Does a bad credit record affect the rate offered on a re-mortgage?
This might seem like a stupid question but I am sure one of the brokers will be able to offer some good advice. I have a friend who got into financial difficulties as a result of a relationship breakdown and a period when they were unable to work. Around 2 years ago they remortgaged to use some of the equity to pay off the…
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Save it or pay off the mortgage?
We're tied into a 2 year deal at 4.9% (14 months left) at the moment, but can overpay at 1% of the overpayment. I'm trying to save as much as possible at the moment (ISA's, shares, premium bonds) and have about £25,000 scattered about. I'm trying to work whether it would it be beneficial to pay the £10K off the mortgage…
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Abbey 10year deal, good or bad?
Hiya, mortgage up 1st July, jumps up to 7.9% Looking to switch lenders and came up with a deal with the abbey 10years @ 5.64%, no upfront fees, allows for overpayments fee free up to 10% per year. So my payments would be £480.11/mnth for 10 years, thats on a 68,500.00 mortgage over 20yrs. Mt property is worth around £130k.…
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Time-bar on complaints
How strong is the time-bar on endowment mis-selling complaints? I missed mine by 6 months :mad: and Lloyds have dug in their heels. Will the Financial Ombudsman also kick it out on this basis?
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Mortgage Broker Advice
I am hoping to buy a flat in the next few weeks and the type of properties I have been looking at are ex-LA places in high rise buildings. I have been told time and time again that the only lending source for these types of properties is HSBC. With that in mind I rang HSBC and got an agreement in principle for a mortgage…
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Endownment cash in
Hi Im about to cash in my endownment 25 year policy abour 4 years to run, anyone got any advice on pit falls or good / bad deals etc Cheers :beer:
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Advice Please
Hello First time here so apologies if I ramble! We have recently had a wonderful baby and our house is now too small so are looking to move. We have a 2 bed 3 year old property with a mortgage of £91000 outstanding - I think it is worth around £103000 in todays market. We are looking at purchasing a new house valued at…
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Redemption administration fee challenged
I recently tried to pay off my mortgage with the Yorkshire Building Society. They asked for £199 as a fee to close the account. I wrote them a letter challenging this and they immediately dropped it to £125 (which is what they say it was set at when I started the mortgage). I have rifled through my paperwork and cannot…
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Endowment Mortgage Broker query
I sought advise and filled out the paperwork for an endowment policy at the start of 1988 before the Financial Services Act came into force on 29th April 1988. This was with a high street broker independant of the policy issuers. I did not accept the offer, waited until July 1988, sought adise again and made a new…
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Buy to Let
I have a small flat purchased in 1999 with a buy to let mortgage (interest only) of £28,000. I can now afford to pay it off as I have an endowment which has matured. I can't work out if I am better off doing this and losing the 5.7% interest from Icesave and the tax relief I get on the payments of £173 per month (22%) or…
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Mortgage Exit Fees
Having recently renewed my mortgage with northern rock in october and explaining that i was planning to sell my house in january they managed to get me to sign up to a 5 year fixed rate mortgage what they told me was fully portable and that i could add onto it. i gave them the ammount that i would roughly be looking for…
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Extra Interest Penalties
I notice the exit fee debate . I remember several years back being stung for three months additional interest when redeeming my mortgage even though I was only ever on the SVR. Ok it may have been in the contract but surely this sort of practice was also dubious ?
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Charges
hi my mortgage supplier wants to charge me £25 to vet my buildings & contents insurance are they allowed to do this or can i refuse, thanks
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Mortgage advisor. West Yorkshire area?
Hi there, Could anyone please recommend a mortgage broker/adviser around the wakefield or surrounding area. A whole of market one that is independant. I have been looking through yellow pages and just don't know of one I can trust really. Thanks very much for your time.
