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MAF To refund or not to refund?
Hi, (I posted a previous thread regarding this matter, regretfully with no response…so I’m hoping I’ll get lucky this time. Thanks!) Oct 2006: I received a mortgage offer from the Abbey. The (non-refundable) Mortgage Admin fee was £995. I was asked if I wanted to pay the MAF upfront or add it to the mortgage – I paid the…
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Complicated Mortgage Help!!!
I would really appreciate some advise for my sister from any mortgage advisors out there. She currently has a mortgage with A & L and is tied in until April 2007 (4.5 K redemption fee). She & her OH has found a new built house which they would like to put an offer for £260K together.They have gone to A & L and ask for…
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Should I pay off part of mortgage?
Hi Everyone, I am new to the forum today and I need some advise please. We will be receiving approx £30,000 in redundancy very soon. We have a £50.000 mortgage supported by two endowments. One for £30K due in 2012 and the other for £20K due in 2018. Both endowments are currently on track. I am wondering whether to use the…
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very annoyed with mortgage provider, where do I stand?
Hi, I have posted on this forum before about how my mortage provider is trying to "force" mortgage/critical illness/unemployment insurance on us. I spoke with them today and I am seething with anger and I would like to know where I stand. I'm worried that they will turn around tomorrow and say that they are not willing to…
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IVA and Mortgages
My hubby has an IVA (on credit cards and loans with Halifax, RBOS, Barclays, MBNA) and has another 2 1/2 years left to run. We currently live in forces quarters so only pay nominal rent charges etc. Obvioulsy we would like to be able to buy a house in the near future but obviously we cant until the IVA has been completed…
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Ready to surrender my policy
Hi, I am ready to surrender/sell my Friends Provident WP policy due to it not performing well at the moment. I have had an offer from Surrenda-link which is £809 more than the current surrender value. If they are willing to offer this much over the SV would I be better keeping the policy until maturity as I dont need the…
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Confused - is it possible?
From reading through the conversations it appears that there are are some very savvy people around here and seeing as hubby and I have no idea I thought maybe this would be the place to go for a bit of help! Please forgive me if this post is very long tho! Background We are currently renting and would dearly love to get on…
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Zurich Endowment and Timebarring
After reading on here I decided to dig out my details on my endowment. They had not updted their records with my new address so I called them stating I had moved and sent them a letter - but they were still sending post to my old address (they amended) I also informed them that it was still in my maiden name and they said…
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MEAF can anyone help
Hi can anyone tell me if you take a deal which has a penalty attached is there a MEAF charged each time you change we were with the northern rock and have had three deals all which had redemption penalties and now we have paid off our mortgage so i know there is at least one MEAF to make a claim on but not sure if there…
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Can I sell my endownment
I Have a unit linked policy which is managed, does this mean that my only option is to cash it in, I have been advised that I should try and sell it but I am not sure if I can. Can anyone help? many thanks:confused:
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Stick or twist - mortgage dilemma.
I would appreciate some guiance and advice. I currently have my house on the market. I actually had a buyer and a property to buy but both deals fell through at the last moment. The mortgage offer I was goiing to buy with expires in a few weeks. My existing mortgage discount period also expires very soon. I may want a new…
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Contact details for Gmac please?
Does anyone please have the customer service address for GMAC please?
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Unable to pay mortgage payments (Charges)
Due to unfair bank charges (which I am now reclaiming ). I was in a position where I was unable to meet my monthly mortgage payments , for each of these I was charged an administration fee of £30.00. Because of problems with the bank I cancelled my direct debit I was then charged a non payment by direct debit fee of £15.00…
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Secured Loan Interest Settlement issue
Guys, my first post, so was not sure whether my question should be here as it is a secured loan or in the loans section. I am looking at remortgaging and repaying a secured loan through First Plus. I have just had the settlement figure through and is around £2k more than I originally borrowed 5 yrs ago! Having questioned…
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Predicting Mortgage Expense in the future.
i am always baffled when i hear my parents talk about when they bought their house for £30k 15-20 years ago, and more recently, my in-laws have just finished paying off their mortgage which was £70 per month.... but once upon a time that was ALL of one of their incomes... sounds bizarre.... which makes me wonder, is there…
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MEAF no refund from Natwest
Hello, Apologies if this has been answered before but I had a look & couldn't find the answer. I took my mortgage in 2003 with Natwest, sealing fee was £85 it 3was redeemed in 2006 and the sealing fee had increased to £225. I called Natwest to ask for a refund but apparently because I asked for a change to my mortgage rate…
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Help please interest only mortgage
I am in a bit of an unusual situation and need some guidance please. My dh has been given a loan note from his company which is payable in April 08. This will be enough to clear our mortgage in full. At present we have two mortgages both with sub-prime lenders and are paying high interest rates. After taking advice we are…
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affordability calculation question
Hi guys. Hope somebody can help. My query is with regards affordability calculating. Long story short, we have an 11k personal loan balance @ 250pm. We had an AIP late last year for 190k but our FA said the loan would have been affecting that offer. HE couldn't say what difference would be but he thought it'd be…
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Old Endowment Worth Anything?
Hi All, I took out a mortgage in 1982 on a property I then continued to own until early 1986. I would have paid endowment premiums for this period. I then sold the property, paid off the mortgage with the proceeds and leased business premises. I didn't pay any premiums after the mortgage was paid off. Will there be any…
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Current mortgage rate? Mortgage plans, is there a charge for changing? Advice needed
Hi, I am a complete newbie to this so apologies is the questions are dumb - it is not something I have had to do or pay any attention to but need to help my mum sort herself out. I was wondering what the current mortgage rate was - do the banks have a different rate than that of the Bank of England. I posted some questions…
