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Endowment Problem
Hi There, I was looking for some help/advice on an issue I have with an old endowment policy I had running. When I bought my house back in 9/96, I took out an endowment mortgage. I paid this endowment for a few years and then fell on hard times and stopped paying the endowment. I then approached the endowment company for a…
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First time seller without a clue!
Just accepted offer on our house but am unsure what to do next. I'm going to arrange a solicitor on Monday and then hand that solicitors details over to the estate agent. Then what? Do I need to get in touch with my mortgage company? What else do I need to do?
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equity/mortgage ratio
Is there an ideal ratio of equity in your home to the amount of mortgage you have, or is it always better to be mortgage free? Would be grateful for any thoughts.
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Do I have to alter interest only mortgage after cashing in endowment?
Hello Just a quick question. Cashed in my endowment - cashed in ISAs and paid off as much as we could afford on our interest only mortgage. Still have a balance of £12,000. Mortgage still has 11 years to run. Do I have to convert it to a repayment mortage? Do I need to formally tell the mortgage company what I have done? I…
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Exit Fee , abbey offering £4
I've recieved a letter from abbey national after claiming my exit fee back and was slightly annoyed to recieve a letter saying. 'Please find enclosed a cheque for £4 being the difference between the amount that you were charged on redemption of £99 and the mortgage repayment fee stated in the mortgage contract' now does…
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Norwich Union Windfall Payments
Hi, my first message here so if i get things wrong, excuse me please, i have a with profits endowment still active from a previous mortgage (kept it going as a savings plan), i'm wondering if i should cash it in and make overpayments on my flexible capped repayment mortgage instead. I heard a rumour, possibly when…
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higher lending charges
I hope someone can help! I took my out my repayment mortgage in 2004. The mortgage was for £99,000 and I was charged £1,497.85 higher lending charge as the amount exceeded what my husband and I could borrow. Also on top of this a £199 arrangement fee. I just want to know is this a justified amount and can I claim any of it…
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mortgage redemption fee/interest
i phoned halifax with the helpline number from this site. i gave them my mortgage roll number and they said that the fee should have been 75.00 but that i was charged 115.00 at the end of my mortgage in may 2005. they said they would send me out a cheque for 40.00 which i have just received. i asked them about interest and…
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Nationwide Life-Time Tracker Mortgage still competitive?- please help!!!
Dear All, Hope everyone is ok!!!. We are close to completion on our house sale after 8 months of trying to sell, we have sold twice but buyers have messed. Quite honestly, this whole process has got us down, well anyway!!!!. Our mortgage offer was in place back in October together with new life cover quotes & Buildings &…
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Bank, Broker, Estate agent
hello, i was wondering if any could help me out on this, if someone has passd the cemap1+2+3 and looking for a job, what would you recommend to join, a bank?, broker? or an estate agent? if all are willing to train you within 6months thanks for any help kru
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Remortgage or new Mortgage
Would be grateful for some financial advice please. Going through divorce and one of the financial options possibly open to me will be that I get one of my ex husband's houses solely in my name and with all the mortgage discharged. That house is brand new and has had the same tenants in it for the past 2 years. Rental…
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Advice please -best place for help with mortgage with credit defaults
Can anyone advise please. My partner & i have always worked and are desperately trying to secure a home for our children but have some credit defaults. We have a good employment history & earn basic wage of £30k but have been advised that we would be lucky to get a mortgage of £80K. Can anyone please advise of any company…
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Mortgage advice needed please
Following on from a previous thread of mine, we are still trying for a mortgage. We have seen a mortgage advisor who has been great. My husband has aquired a default he genuinely didnt know he had which has hampered our chances of a 100% mortgage, which we really need. Hubby has dealt with this default as soon as he…
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Quick money needed 80k
what would be the most cheapest way to borrow £80k for 7months? i have an income of £17k pa and fully own a house worth 120k.
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Self Asessment Mortgage Advice Please
Hello I have recently changed professions and would like to have any advice regarding getting a self assessment mortgage, for no more than £150000. I am seeking to own my first home. Can you use one of these if you buy at Auction? Any advice is welcome, as I don't want to pay a fee just for looking into it. Thanks in…
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borrow more but payments stay the same?
Hi I have just heard from a friend who has informed me that because I bought my house on a right to buy of the local council and my three years is up so I don't have to give them anything if I was to sell I can remortgage and borrow more money but my payments stay the same is this true? sounds too good to be true to me can…
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Can I Claim On An Early Redemption Penalty?
Hi. In March 2005 I moved house and redeemed my mortgage in full. At the time my lender Abbey charged me a £1900 penalty because I redeemed the mortgage while I was still tied into a fixed rate product. Is this something that I can claim back through the reclaiming of bank charges does anyone know please? :confused:
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Another repossession nightmare
Hi all I wonder if anyone can give me any advice? I'm a teacher and I suffer from Lupus. In Oct 05 I left my job for a better one as Head of Art in a special school. The head was desperate for someone so he asked me to start straight away. As I've never had to have a medical for teaching in the past, I thought it'd be ok.…
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Valuation Fees Scam??
I recently used a Financial Advisor to find me a mortgage on a flat. I have used him before and had every confidence in him. The flat was in a block which is limited to buyers aged 50 or over. My advisor spoke with Northern Rock on the telephone to confirm that they were prepared to lend on this type of property and was…
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MEAFS. Derbyshire, GMAC & Kensington.
Hi all, I have redemption statements form the 3 above named mortgage company but I do not have the original contracts stating what the exit fee would be. Does anyone know what the listed exit fees were for GMAC in 2002, Kensington this year and Derbyshire Home loans in 2004. Or has anyone got any idea which banks or…
