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please think about this one for me
Maybe you can help Please refer to post at forum:'House buying, Renting,Selling and Property Prices'Today 10:26 AM by bon. I think I have an idea but is it viable. I know nothing about buy to let mortgages so this idea is based on certain assumptions: PROPERTY A is original property PROPERTY B is new build PROPERTY C Is a…
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how do i get a mortgage on my Wates build concrete prefab council house?
Can any one shed any light? I have the right to buy my concrete pre fab house from my local authority, however am finding it really hard to sort out a mortgage, It was built in the 50's by Wates builders and have been told i can get a mortgage but would be looking at 9% interest or there abouts, my only other apparent…
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Gmac Meaf
GMAC charged us a £115 fee when we changed mortage from them a couple of years ago, but when I checked our contract, there was nothing mentioning any fees, let alone how much they would cost. Therefore, would I be right in thinking that I could claim the whole lot back? With interest? Has anyone else noticed this with…
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Mortgage Holiday??
Hi anyone had a motgage holiday? I didn't even know it was possible but my workd colleague suggested it to me after I confessed I urgently needed to sort my ancient leaking bathroom. Are there any downsides to this? Do all lenders do them? (We're with Nationwide). Would we have to remortgage? Would it affect our current…
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secured mortgage
Hi all Just wanted to hear peoples thoughts about my mortgage deal. deposit 30k purchase price 152,000 borrowing 122,000 fixed rate 5.34 for two years. Arragement fee 399 repayments 680.00 per month. Also on my key facts document it says 1 payment at a fixed rate of 5.34 which inludes inital interest is 996.36 ? whats that…
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HSBC First Time Buyer Mortgage Booking Fee
Can anyone help me? I was charged £399 by HSBC for a Mortgage Booking Fee but the house fell through and we did not get a mortgage in the end. This booking fee was applied to first time buyers taking a 100% first time graduate mortgage. Can I claim this charge back and if so, how? The claim forms on the 'Reclaiming Bank…
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Bad broker or client?
Hi, Just a quick question for all you brokers. Simply put do I have a bad broker or am I an impatient client? The situation is this my broker is probably sick of me bugging him all the time with questions and so on, get the feeling most people just trust his advice at face value whereas I like to walk into things with my…
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Renting out do i need to change mortgage?
Hi I have just purchased my first property, and in order to get a lower interest rate, and borrow a higher amount, I went with the first time buyer mortgage, I am now planning to rent the property out rather than live in it. I am worried if i inform my mortgage company of this, they will make me switch mortgages, to a…
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min emp
could someone please list a few lenders who do not require a minimum employment, i have only been working 3 weeks, (remortgage). and no i dont want to use a broker. ty
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Post redemption interest
Having recently moved house we paid off existing mortgage and moved to a new lender. We waited until the early redemtion period had finished and then moved. Our lawyer received redemption statement from lender for the period, upto and including 31 March this year. We eventually managed to complete on the 2 March and the…
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Opinions - First National
Hi, Need comments from people currently using First National and what they are like to deal with. Just secured a 100% mortgage and I need to see if they are ok or just money grabbing swindlers. Regards.
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Help
Can you please look at my thread under "Debt free wannabe" - entitled Taking the plunge... Wanted - advice please. It completely details my current situ. I am not a property owner at this time... but would appreciate any advice re first time buyers and mortgages incorporating loans. Many thanks,
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Overdue payment of endowment maturity.
My endowment is about to mature (May 1st). I received a letter from the the endowment co. today (CIS) informing me that the policy was assigned to the Coventry Building Society and that I would receive outstanding funds direct from them. There is, in fact, very little debt on the flexible mortgage (£450). I decided to…
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Natwest £1000 mortgage challenge
Does anyone know if Natwest do guarantor mortgages? I have a mortgage with Chelt Glos which is far bigger than I could get based on earnings and was wondering if I could scoop their £1000 if they simply won't offer me a mortgage that big ? Or do you reckon they'll have a caveat in place for that eventuality ..
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Savings -v- extra mortgage payments
I've recently taken out a large interest-only mortgage (£100k+) and have £50 per month to save for at least the next two years. Any advice as to whether I should save this £50/month in a Cash ISA or other savings account or whether I should pay this off my mortgage each month (presumably decreasing the actual sum borrowed)…
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Remortgaing but may not have a job
Hi My fiance and I are going travelling for 2 months in July and August. I am planning on quitting my job and living off matched betting when I get back till I get a new job. Our current 2 year discount period ends at the end of september and I'm not sure what the best thing to do is. There are 2 issues - first, how long…
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Pay off / pay some / invest money
Due to some inheritance I've found myself in the very fortunate situation of being able to pay off my mortgage BUT I'm getting conflicting advice on what to do. Part of me thinks that with the rising interest rates expected soon, I should pay off the mortgage and put the monthly payment into a savings account - but we're…
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Please help - remortgage or sell?
hi everyone, i really respect all the advice that is offered on this site and was wondering if anyone would be able to help us. sorry this is so long - hope i'm doint it right... my husband and i have racked up nearly £50,000 of debt and are in serious trouble - a combination of naive financial decisions, overspending (not…
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Brokers - who wants a gig??
Attention folks, Can any broker here facilitate a 95% mortgage for someone who is fairly newly self employed?? :confused:
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Mortgage Advisor Told Estate Agent My Budget!
Hi, I'm in the process of buying my first house and I have now found a house which I would like to buy and obtained a mortgage in principle from Northern Rock. I have today put in an offer for the property, for less than the asking price because in my opinion, it needs a bit of work. e.g. two new bathrooms and a new…
