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Cant get a mortgage !!
Hi all. I have tried for years and years to buy a house for myself and small family. My wife and me have both worked all our lives in the area that we live. Everytime I aply for a morgage I get refused. I think it is because of I county court jujment that I had a couple of years ago. I paid to get my credit file and that…
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Nationwide frustration!
Hi We made an offer which was accepted on a house and assumed that the mortgage would go through fine as we had already recieved a mortgage offer on a previous house which fell through. The previous mortgage offer was £128,000 and now were asking for £130,000. As this is only two grand extra I assumed this would be fine,…
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Halifax Computer "says no"
I had a mortgage offer from Bank and I popped into my bank the Halifax to see whether I could actual get a better rate and I thought it would be good to have all my finances with them. After the adviser take my details and enter it on the system the computer said "no" and there was nothing she could do about it. She…
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Please Help! I need advice.
Not sure i've posted in the right place but i would appreciate some advice please... My girlfriend has just decided she wants to leave me after 7 years for reasons i am still trying to get my head around. Problem is we have been in our first house for 18 months now and if i am to lose her i don't want to lose everything…
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First time buyer advice pls
Hi, My partner and i have been paying off debts for a while now and have finally got straight. We want to buy our first house asap so don't really want to wait even longer to save for a deposit and for the fee's etc. Can anyone recommend a good place to go for a 100% mortgage? Also what type of extra charges are we liable…
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Interest only or repayment?
If for example, a repayment mortgage at 5.5% fixed for 3 years was £650pm, whereas an interest only was £550pm, Would I need to be looking to put the difference of £100pm into an investment that pays 5.5% net to be able to match the repayment mortgage? Is that how it works?? If I go for an interest only, would I have to…
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one question on endowment complaint form - advice?
Please see later posts for details as my first post was confusing those who replied. This matter is now sorted as I have sent the letter. Thanks to all those who have been helpful.
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Converting Mortgage Advice
Hi, My Wife and I need to relocate, but are struggling to sell our current property, It is valued at £180K and we have an £80K mortgage on the property. A friend mentioned a Let to buy mortgage (not buy to let). I was thinking of releasing £40-50K of the equity for a new property, and renting out our current property, my…
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advice please - remortgaging options
Hi all, We are due to remortgage in August. I owe £85k on a house worth £120k (or therabouts). We have 27 years remaining. I have a fair bit of equity there as you can see. What can I do with this equity? I also have a personal loan which I may combine with the mortgage. I also have a bit of room for increased monthly…
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how much can and should I borrow?
Hi All. I'm moving closer and closer to making the crunch (house buying) and would appreciate your advice... I will be a first time buyer... AT this very moment I have 12K debt (made up of 8k loan, rest on credit cards at 0% for year) and 5K savings, and am due to inherit 40K from sale of late mum's house (accepted offer,…
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Advice please - again x
Hey guys, remember i posted a while ago about me and my prtner getting a mortgage from NR, in just his name and his icome was around the £25k P/A mark, as he is a joiner and on price work, any way, his employer i think did reference sayign he can earn up to £380 per week before bonuses, and also his wage slips for his…
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Escaping the clutches of an accepted mortgage offer to a better one?
Hi, I have a mortgage offer with hsbc that is interest only, and everything is setup and ready to buy a house (reposession, which has taken around 6 months so far). However, I have had a look around and found a much better one with the halifax. Will it be wise to change the mortgage over to the halifax at this late stage…
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Can we borrow more on interest only?
Hi I wonder if anyone can point me in the right direction. My partner and I are currently paying off £106K mortgage on a £175K house. The mortgage is down to about £94K at the moment. Also we regularly overpay by a minimum of £100 per month. We got the mortgage when we were both in full time employment. Just over a year…
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I'm new and need advice...
me and my fiance are looking to buy our first house this year. i contacted a broker who advised on a £6950 deposit for a £138995 house, by making this deposit we'd be able to get a 90% mortgage. Fixed rate for 3 years at £658 a month, over 35 years (5.29%apr). i'd not heard of percentage mortgages, but accepted the advice.…
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Where to start?!?!?
I've been reading up lots on mortgages lately but I'm totally baffled and overhwhelmed by some of the info out there. A lot of sites seem to contradict each other so I think I'm more confused now than when I started. Does anyone know of any good websites that have FACTS and are not constantly trying to point out and…
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What to do about Restrictive Covenant
Hi I hope someone can offer some advice please. I also hope I'm posting this in the right section - sorry if I've got it wrong! I got some very useful advice from people on here before we bought this house. We found out at pretty much the last minute that the property had restrictive covenants on it, one saying nothing can…
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What types of ppl cannot get a mortgage at all?
After successfully obtaining a mortgage offer following a tiresome and obstacle-ridden application journey I've been singing the praises of the broker I eventually used. I've now been trying to persuade my brother-in-law to use my broker as he's been trying to get a mortgage and has actually given up. He says it is not…
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First time buyer - any mortgage recommendations ?
With £4,200 saved for the fees warchest, we have a 7.5% deposit for buying a £230k house. This means a mortage value of £212,700 which equates to 3.2 multiplier of our joint salaries. This feels that although a great start is just outside of the minimal risk brigade. fixed rate 5 year appeals although considering anything…
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Re-Mortgage fees
Dear All If you remortgage a property, are the banks quite within their rights to charge an admin fee and a booking fee? I just thought I would ask as I am a little confused. Thanks
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Mortgage Insurance stuff!
Hi, Apologies if this is in the wrong thread ... wasn't sure if it went here, or in insurance like ... hopefully here's okay!! Got a mortagage for our house a couple of years back, happy enough with it, so no problems there ... thing is we arranged it through a friend who's a broker and he arranged Building, Contents, Life…
