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Mortgage offer - time to completion
Hello all, I'm looking for a bit of reassurance or a reality check. I understand that there must be 5 working days between exchange and completion. Are there exceptions to this? Basically my bank has a backlog of mortgage applications and have explained that they will give me priority and will make every effort to issue my…
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bank charges for mortgages
Hi everyone, Does anyone know if you can reclaim bank charges from mortgages? I sold a flat a few years ago and my bank charged me about £4000 because I was selling before a certain time period had elapsed. I was unware of this when I signed up for the morgage. Any advice or how to go about this would be much appreciated!…
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getting ex boyfriend off mortgage
Hi there I know this is a probably a silly question and I should just ring my building society but I wanted to try to find out if I am going to have problems getting my ex boyfriend off my mortgage. I own a leasehold flat with him and I am going to buy him out with a cash settlement, Im not sure how I could remove him from…
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self-employed keen to move
I'm newly employed and my partner is self-employed. We're keen to move as soon as possible. We'd like to borrow up to £280,000, we have £170,000 deposit. Who should we approach? Will we have to pay over the odds? Ideally we'd like a fixed rate interest only mortgage, with the facility of paying additional amounts towards…
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Mortgage problem
Hi everyone first time poster long time reader:) The wife and i have talked on and off about buying a larger house but thought it would probably wait for a while and today we were looking through the paper and noticed my m8s dads house for sale (he passed away a few months ago) It an ideal fixer upper and would be great…
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insiders view
Hi When people are claiming compensation for miselling of endowment policies, what happens to the policy ? Is it cancelled? I have assumed that is the case and this is one of the reasons I have not applied for compensation. Due to ill health I would find it difficult to obtain replacement cover. As a former Building…
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Some advice please, whether Abbey Flexible Plus or Loan.....
Hi all, I need some advice from you guys in the know if I may as I know nothing about morgages and need to help my mum with hers. 2 yeas ago she remortgaged - it meant she could finally get my dad off the deeds (as per the divorace arrangement but she never had the money to do so) and start over while borrowing some money…
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Property Valuation?
We are currently in the process of re mortgaging our house. It is our first property and we bought it to renovate so have done quite a lot to it (central heating, wireing, double glazing etc) and in our opinion it now looks quite good. We have not done it to make a quick buck but to live in so we didn't scrimp to much on…
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Us Property Prices The Total Opposite Of Uk
I was watching NBC nightly news lastnight and there was a feature on it about house prices, in the US prices of property have got so low people can't sell there homes. It featured a couple who had bad credit and had taken out a certain type of bad credit mortgage, and the idea was that there property would make money and…
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Mortgage for 80 yr old?
Dear old dad's funds are running out. He needs access to money to pay for additional help in the house. He gets some assistance already, am waiting for him to be reassessed and he has claimed all benefits. He has a net income of around 1k per month, of which 200 is spare money, but needs more than this when he is ill and…
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Re-mortgage problems: Advice please
Any advice or help please: I applied with the Woolwich, for a rate change 12/12/06, to there 4.99% rate which was fixed for 10 years, I considered this to be the best deal around at the time. I filled out all the relevant paper work and submitted my details along with the (substantial) fee of £695 cheque, which was…
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Equity Release, can I lend on these terms?
I'm looking for advice. My father-in-law and his second wife took out an equity release loan a few years ago on a house they owned 50/50. His wife died last year and her estate (50% of the house) will go to Charities when my father in law dies, until then her estate is 'locked'. I'd like to pay the equity release loan off…
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Endowment.... Cashing In???
I have a £35,000 mortgage, which has gradually been moved over the past few years from Interest only to capital and interest (repayment). I am 2 months away from the end of a 2 year tracker mortgage with Nationwide. The mortgage term has 9 Years left to run. I still have two endowment policies which were originally taken…
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Remortaging and Maternity Leave
Evening all... As a bit of a natural born worrier, I'm posting this question uuber early :rotfl: I'm 4 month's pregnant and am the 'bread winner' (DH also works full time.) I'm due 21st August and my fixed rate is due to expire on 31st August (I didn't time that very well did I? :eek: ) At the very least if my baby is on…
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Adding an extra 10k to your mortgage
I recently took a mortgage out with ING (approx 1 - 2 months ago), we are now looking at moving at would like to borrow an extra 10-15k, wil they just give me it or do i have to go through the process of proving incomes again?
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No Endowment
HI everyone Im after a bit of advise from the the people who will know more about a problem than the bank/building society namely you. my parents have been paying the interest on an endowment morgage and have three years left on there term they have now found out that they have not got an endowment.They have no paperwork…
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Mortgage Exit Fees
I have been offered £75 as a reduction in fee to £175 which was fee applicable when I took out mortgage in 2002.This is with The Mortgage Busines which is really Halifax.Any views deal or no deal? I,m inclined to accept due short duration but do not want to prejudice any claims for others
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Mortgages if have an IVA
Hi, was just wondering, does anyone know of any companies that proivde mortgages for first time buyers if one of the applicants has an IVA? I got mine 8 months ago, and although i realise this is an emblishment on my credit record, i am now in a very good financial position and really good with my money. my partner has an…
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Does anyone know how temporary work effects remortgage/mortgage applications?
Hi I don't know if anyone else has come across this - I come back to work after maternity leave to work full time ( as a teacher) and between childcare and a less than helpful boss I'm struggling with the hours. Fate has dealt me a hand that means I could be forced to reduce my hours. This will impact my salary so I'm…
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Still waiting
We excepted an offer on our house at he end of January but are still waiting for the buyers lender (HSBC) to arrange survey's etc. The buyer has payed for the local searches. Our solicictor says HSBC are always slow...anybody else had same problem?
