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Any special deals with First Direct (Broker or otherwise)?
I currently have an offset mortgage with First Direct. £68000 mortgage with £27000 offset. I'm on a discounted tracker rate, but it ends in May. I phoned up asking what they could do for me, and basically, nothing at all. So a SVR of 6.25% looms. I know that they DO offer these sorts of rates though. However, it's normally…
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Mortgage Brokers, Help Needed
Hi there, I'm looking for some info/help regarding mortgage brokers, i'm going through a messy divorce at the minute and took advice from a mortgage broker regarding best possible mortgage deals(had no time to look myself), but ended up buying a 50% share in a property rather than 100%,thus my mortgage is £18,000 now…
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I don't meet criteria yet passed AIP?
Hi My AIP, carried out yesterday, has been successful and a full application has been placed. However I checked my credit report this morning and on 4th March there was a record of a missed payment on a loan - my first ever! Credit score has been ' Excellent' for years. Now it simply shows 'Good'. I'm flabbergasted! The…
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Help please with self cert mortgage.
My situation is that I want to buy a house for 145k and need a self cert mortgage for 30k.I will have 115k to use as a deposit. I have been self employed for 1 month,prior to this I have been in receipt of incapacity benefit for 4 years.I have (and am still) been receiving dla at middle rate for 3 years.The dla and my self…
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Should I -v- Shouldn't I?
If I've got enough savings (and not all tied into shares etc) should I be considering paying off my mortgage? I've got about £36k left over 11 years. I think I can muster up enough to pay it off. The plan being to put the £400 per month I am currently paying towards the mortgage into a savings account. Mmm, should…
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Would really appreciate some independant advice...
My partner and I have finally found somebody who will give us a mortgage. My credit history is rubbish due to 2 defaults registered in 2005 (paid off a year ago) - one of £7k. Anyway thats by the by - like I said we've found someone willing to lend us the money. The thing is I need to decide whether its worth doing or…
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Interest Only Mortgage - No Separate Investment. Help!
Hello, I was hoping someone could help me to help my nan? Since I posted this: http://forums.moneysavingexpert.com/showthread.html?t=380491 I've spoken to nan in more detail, and have found out that C&G need her to double her monthly payments for the remaining 11 years of her mortgage, to pay off the capital, because she…
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Extending Mortgage - Am I mad?
My house is worth £250k, I earn £22k + child benefit + CTC. Since my divorce I am supposed to be "using my best endeavours" to release my ex from the terms of the mortgage (58k outstanding) but as I've only earned enough to do that in the past 2yrs or so, I've chosen to pay off all my debt (and the debt he left behind). He…
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"The One Account"
Hi, My boyfriend has been looking at "The One Account" website, and after punching in his information regarding his current mortgage, current account and saving, its telling him he can pay his mortgage of £98000 in 6 1/2 years! First of all, is this humanly possible? Secondly, how the hell does it work? I can't get my head…
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No bank/BS willing to remortgage for Business Purposes!!
Wonder if anybody can help!! I am trying to raise £100k by remortgaging my property valued at 160k to finance a Business.All the banks/ BS are happy to lend me that amount for remortgaging another residential property but not for a business purpose. Is there anybody who can advise who I can turn to or how I can tactle this…
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Major help and sound advice needed!!!!
We are looking to remortgage our property as we are no longer tied in. We are looking at borrowing 128,800 over 20 years - we have no major concerns about fluctuating interest rates, so we thought discounted or tracker mortgage. I talked to L&C and they said they thought fixed term for 2/3 years no tie in would be best for…
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Does it normally take this long?
Hi, I have applied to remortgage with HSBC. We want the mortgage to start 06 May 07 which was agreed at the start. Everything was going fine, until we got a letter from HSBC with the figure to pay our exist company off and a warning an early redemption fee applies and has been added to the mortgage. We rang HSBC and said…
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is this a good rate?
I need to get a mortgage to take my ex name of the mortgage we have now( long story) I phoned c&g and they passed me on to another part of their company.cut a long story short I have been offered a mortgage with?platform mortgages part of britannia.interest rate of 6.09% fixed for 3 yrs is this good or should i avoid like…
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part/part repayment calculator?
Can anyone point me to a repayment calculator that will let me modify part and part (io / repayment) amounts with my own interest rate etc? Thanks in advance :D
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northern rock together rates
we are looking at the northern rock together loan but I have read they are phasing out some of the product and pushing the rates up on the rest? Does anyone have any inkling what they'll be pushing the fixed rates too (6.29 currently)? I thought everyone else was pushing their fixed rates DOWN so it sounds a bit suspicious…
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Mortgage - is this dooable?
One for the mortgage advisor people on here: Joint income of around £30k (guaranteed to go up gradually over next few years to at least £35k) not including tax credits and child benefit. Saw a house I like the look of with asking price of £128k, but I'm sure they'd sell for just under £125k (so as to avoid stamp duty) and…
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intrest only or repayment?
What is the collective wisdom on this? My friend is paying only the intrest on his mortgage, he says that he saves money now (true) and that in 25 years time the capital will be small compared to his salery which will rise with inflation. He uses the example of his father who had a mortgage 25 years ago for £4000 which was…
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variable or fixed, I want to try to work out if I'm going to lose money...
Hi i've sold my house and found another (which they have accepted an offer of 414K) I will need a mortgage of 185K. I was going to go for a fixed rate deal for 5years, but someone has mentioned that it might be worth a look to see how much i'd pay if the rate went up and down over 5 years compared to the fixed rate, he…
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Remortgages
Hi everyone, hope Im in the right place. My partner and I are still working, nearing retirement age, we re mortgaged a couple of years ago and looking for a better deal. We are with Halifax at the mo, and intend to recoup our bank charges when we remortgage [realise we may be sacked as customers if we do it before!] We…
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endowment help
hi any help would be appreiceated please.I had an endowment with halfiax plc which they informed me approx 2 years ago was in danger of falling short by at least 25k,the total sum of the endowment was 54k.During this period i had a few family bereavements and therefore did not contact the financial ombudsman to complain…