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Financial advisors / Trust
Hi I am looking at moving and therefore need to increase my mortgage. I have been to see a financial advisor linked with the estate agents. Through a lengthy meetin he showed me some 'products' from Nationwide and Halifax and the interest rates were good and the arrangement fee fair. He told me he would phone around and…
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BM Solutions tracker, low rates - am I missing something?
Hi folks. BM Solutions are putting themselves at the top of the search charts with amazingly low rates. For example: "BM Solutions 4.44% 2-year tracker" base rate - 0.81% (currently 4.44%) for two years arrangement fee 1.25% of principal early repayment charge 5% of principal for first two years standard variable rate…
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Endowment Sold
Sold the endowment due to very poor performance. Question is, can i now claim as mi-sold???
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My Friends Provident endowment matures, the figures
I received a letter from Friends Provident today telling me how much my Endowment Policy will pay out… on All Fools Day. How apt. The policy ran from 1st April 1983 and matures on 1st April 2007. For several years I’ve been getting the well known “shortfall warning” letters with predictions based on 4%, 6%, and 8% growth.…
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Interest Rates on hold.......
Interest rates on hold at 5.25% Press Association Thursday March 8, 2007 12:23 PM Homeowners were given a boost after policymakers at the Bank of England voted to keep interest rates at 5.25%. The no-change decision had been widely expected, although economists said a rate hike was still likely in the coming months,…
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Re-Mortgaging Advice Required
Hello, I have been dealing with a company called The Mortgage Matters Partnership to find me a more competitive mortgage than my current Halifax one. The deal they have advised me to buy in to is a 10 year fixed rate repayment mortgage, borrowing £80k. The fixed rate is 5.29%. The amount borrowed will clear my CC/loan…
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Bad Credit Mortgage
Hi, would be grateful for any advice anyone has to offer. My husband and I are currently privately renting a house and paying £1700 per month. We think there's a good possibility that the owners might be selling and, mostly as we have a young son, we would like to try and buy somewhere. We would need a mortgage of about…
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Mortgage Valuation Fee £550
Hi All Probably covering something thats been covered many times - sorry about that. We have a mortgage with the Halifax and are soon to be buying a bigger house. Our mortgage will stay the same, we're just moving it across. We've already had an independant full survey done, but now Halifax want to get a Valuation survey…
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Mortgage overpayments vs term change
Hi, I have a flat that i rent out, (although im not on a buy to let) and the rent i receive virtually pays the mortgage. I have expendible cash each month which currently goes into an instant saver (my ISA is full), and i figure i'd be better off either overpayting the mortgage or shortening the term, (Im currently on 24…
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payments
cueerent mortgage rate is 8.99 with spml, owe 39000 payments are 347 per month, could anyone tell me what the payments would be interest only? thanks forgot to say benn with them for 3 1/2 years do i just ring them to ask them toi change to interest only or do i have to take out a new mortgage with them??
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What type of mortgage do I need for this and who can supply? Please help!
Hi I'm not sure if anyone can help me with this but would be great if you can. I currently live in a semi detached house that has been converted into two flats. I live on the first floor flat which has 2 bedrooms and a lady lives on the ground floor which has 1 bedroom. Basically I want to buy the building from my…
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Mortgage - HELP-Rate decision
URGENT I need to make a decision in the next couple of hours. To go for a fixed rate at 6.19 % for two years or a BBR tracker at 0.39% above bank of england base rate. Rates are on the way up. Any suggestions? Now have been offered a fixed rate of 5.84% for 2 years
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early redemption fee with valid reason
Please help...I have a critical illness policy which has paid me the £70000 owed on my mortgage. The problem is im tied in until Feb 2008..They want a fee of over £4000. Is there anyway this can waived due to my special circumstances (im undergoing breast cancer treatment)..The other thing is ive negogiated a payment…
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selling house to daughter
hi there, i'm selling my house to my daughter at about half of its value, altho she knows that if i'm alive and well later down the years, i'll be asking for more money! Value's about £180,000. she lives and works abroad just now, and the solicitor there tells her she'll have to pay about £1500 stamp duty as she's not…
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endowment missold BUT I have claimed on waiver of premium due to sickness
am currently unable to work due to CFS/ME (past 7 years). I am considering making a claim regarding one of my mortgage endowments. However this policy has "unable to work benefit", therefore, I have claimed successfully, and have not had to pay the premium since being unfit for work. BUT, it was missold to me. Following my…
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Help with mortgage shortfall buck-passing please!
I took out a very small endowment mortgage in the 80s (£12,500) with Nat Counties, Epsom. My life assurance policy is with Friends Provident. The period ends in 5 years and there is a predicted shortfall of £4-5000, a rather large chunk of the original loan. I won't be able to get such a lump sum together. I have no…
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Advice on shortfall buck-passing please!
I took out a small endowment mortgage in the 80s (£12500) with National Counties BS, Epsom. The life assurance was with Friends Provident. I don't have any correspondence on file about how I was introduced to taking out a policy with FP. FP are insisting the shortfall is not their problem as they consider NC was my…
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Should I add the completion fee to the mortgage?
I have the choice of adding it to the mortgage or paying it now? Also, does anyone know where that article is on whether to save or pay off the mortgage?
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Where to find a mortgage?
Can anyone give me any suggestions about where we could look for a mortgage? We are first time buyers. Husband is employed (salary 25k this year), I have been self employed since last July (income 22k). My accountant is just about to start doing my 2006-7 tax return so I'll have a year's accounts. Husband also has a second…
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advice re paying in lump sum
Am new to this site would appriciate some advice. We have a £103000 mortgage with natwest offset over 17 years. We also have £23000 in Maxi ISAs, these have made about 25% profit over 8 years on the money we put in. The conundrum is weather to put this in the offset account instead. My feeling is to do this but am I…
