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Has anyone sold on a Unit-Linked Endowment as opposed to 'with profits'?
The companies like apmm.org and surrendalink only accept 'with-profits' policies. Has anyone ever in succesfully 'sold on' a unit-linked one? Also mine is 'paid up' - a bizarre term I think, as it means that I have in fact not paid into it for the past two years! Winterthur have offered me £4,129.52 as a surrender value,…
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MEAF/Kensington advice - please!!
I am not happy - Kensington mortgage wrote to me saying the original 'redemtion administration fee' of £100 was increased to £145 due to:- 'Staff processing costs, such as annual salary increases and recruitment selection. Increased charges made by our third party administrator. Increased monitoring of our third party…
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Will I be accepted?
Hi all. Looking at a property valued around 120k. Should have a 45k deposit to put down after the sale of my current home, hence mortgage of 75k needed. My income is 19k a year so looking at just under 4x salary multiple. I have read that most lenders are happy to go with 4x salary now as long as you put down a decent…
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Never going to get a mortgage?
Hi all, first post. Just wanted to ask a few things (sorry if it's long). I have been trying for awhile now to buy my first house. I earn a decent wage £35K, my husband is a house husband. I am not buying a huge place (£100,000) and I have a £5K deposit. But I keep getting turned down. My credit rating isn't spotless but…
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Let to buy mortgage
Hi Our potential buyers are going to let out their property to their mum and get one of the above mortgages to buy a bigger house. Can anyone explain simply how this works? Will they be able to provide a deposit if they have no savings? Any info appreciated.
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Taking over a joint mortgage...is there an easy way ??
I separated from my partner last year and she just walked out on all her financial commitments that we had taken on together including the mortgage that is currently in joint names. That's fine by me as I want to be financially independent from now on but I just want to know the easiest way to take the house on in my name…
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Need a mortgage for a flat in a high rise
Anybody any experience with this one? My sister is planning to buy her council property. A flat in a high rise block in Manchester. It's been valued at around £45K but with the necessary discounts, she can buy it at £24K. However, because it's in a high rise (60 in the block) many mortgage companies won't touch it. Has…
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Soliciters fees for adding name to mortgage
Didn't really know were to put this so if I have posted in wrong place please give me a shout......My partner is changing mortgage deals at the moment and asked if he could add my name to the deeds no problem the lender said but you have to change the deeds with the solicitor also. The soliciters want £300:eek: to add the…
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Re-Mortagage and Maternity Leave
Hello all I'm looking for some advice with regard to re-mortgaging. At the moment I have a part of my mortgage on the Halifax's stanadard variable rate and part on a fixed rate which is due to finish in August. I'm looking at re-mortgaging the whole lot onto a new fixed rate deal but this co-incides with my partner going…
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where do i find a list of lenders/rates etc?
size of loan 58K lenth to run 21 years value of property 200k 6.64% (base rate) with skipton (at least it was 6.6% in febuary. This is a self build mortguage, but the building was finished last year. we have contacted skipton for a better (fixed?) rate. we were offred a 2 year fixed that would save us £25 per month but…
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MortgageSave 2000 any experience?
Our mortgage advisor has made suggestions for a new mortgage and also made us aware of the above company which theoretically allows you to pay your mortgage early and save several thousand pounds. There doesn't appear to be much on the web other than their website https://www.mortgagesave2000.co.uk which gives a run…
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Mortgage Brokers
What a good job mortgage brokers do. Just bought a house and used a morgage broker who was absolutely brilliant. He done absolutely everything for me, found the best mortgage for me, filled out paper work, kept me informed of my mortgage application everyday and took most of the stress away you get from buying a house.…
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refurb motgage?
hi first post here, we have had an offer accepted on an edwardian semi that needs a lot of work, windows central heating kitchen and bathroom etc. we had an offer in principle from egg mortgages, but they declined to lend after the valuer had visited, the purchase price is £99,000. we are looking to borrow £93,000. and do…
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Advice really needed
We are currently trying to get a mortgage for a self build project. We need £150,000.00. We are running out of places to try. We have limited savings. We are being turned down becuase my husband has been self employed for less than a year. We can afford the repayments but can not show earnings. We have tried a self-cert…
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Endowment mess my parents are in
Hello, My parents purchased a place in 1989 which was covered with an endowment with profits 20 year morgage. They have settled the debt with the Abbey which lent them the money about 4 years ago but they still have the endowment which will end in 2009 and to which they still pay £150 every month. I have looked on the web…
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Overseas Mortgage Information Request
I'm looking to purchase a buy-to-let propoerty in Cape Town, South Africa later this year and would welcome any information regarding overseas mortgages provider by UK lender, legal, exchange rate conversion companies, etc.
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Rate Rise - time to fix?
Just seeing the likely rate rise and it's made me wonder if it is time to fix my rate. I am currently 0.45% above baserate (and have this for 1 more year) but don't have any get-out penalties. Should i be looking to fix or is the rate increases likely to stop after the next one?
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what do lenders think about student loans?
Hi, Went to see mortgage advisor last night and when we told him about student loand he did a bit of a 'ummmm' kind of thing. I have 15k on one, pay £11 a month, my partner has 11k but pays £127 a month as hes on the old system. Anyway i got an answer phone msg from him saying 'ive had a look at a few lenders who might…
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Applying for a mortgage= Damaged Credit Rating?
Hi I'm really worried about my mortgage situation. I've had an offer accepted and thought that the mortgage would go fine: I was previously buying another property which I backed out of due to homebuyer survey results, I had a mortgage for this from Nationwide for 128,000. The time between applying for the mortgae and…
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Bridging Loans
Hi, Does anyone know how long it takes to sort out a bridging loan?
