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When two years isn't two years...
Hello, I was just wondering how common this problem is. We moved last year and took out a 2 year fixed rate discount with the Halifax - mainly because our current mortgage was with the Halifax and there was a fairly hefty penalty for switching that they were prepared to waive. Anyway, we sorted the mortage out in March and…
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Shared Appreciation Loans!
Does anyone know anything about Shared apprecation loans? My grandad died 2 years ago, and my gran is sorting out paperwork etc. About 7 years ago they took out a shared appreciation loan with Barclays, these apparently were only available for a short time and it seems that pensioners were targeted with these. Basically,…
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Endowment missed payments, What to do?
I have an endowment but have recently re-mortgaged to an interest only mortgage. The problem is the endowment has'nt been paid for about 3 years. I need to know the best way to go about this, either, cash in with penalties, leaving me around £500. or pay back the payments and get the full amount when due. Will the company…
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Winterthur WP endowment - yet again!
Hi Can anyone help? I've been a regular 'lurker' on the financial threads out of general interest but something recently came up which almost answered a question which affects me directly, so I've registered specifically to put this question. My wife and I took out a Colonial Mutual joint endowment in the early 80s. We…
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Company making me increase my endowment premium
I'm new to this forum but I really need some good advice. In 1992 I took out an endowment policy with the Guardian Royal Exchange to repay £18000 when the mortgage matures in 2013. The policy was in joint names with my wife and the monthly amount was £39.48. In 1997 I divorced my wife and as part of the court agreement I…
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Who do I believe? This is stressing!!
I have an offset mortgage with first direct but now my partner and I would like to move up and buy a house in joint names. As I do not want to sell my house but rent it, I called FD to see if I could get a mortgage for the new house (125k) but they told me that unless I sell the house they wont be able to lend me that…
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do i keep my endowment on but switch to repayment mortgage?
Im nearing the end of my divorce andthe settlement is i get the house and endowment... anyway i went to C&G and they couldn't advise but told me my options ... cash in endowmnet and pay off some of my mortgage and have a repayment. or continue to pay endowment and take out a repayment mortgage OR (this is my only option…
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Halifax Careers - Open Evening Tuesday 5th June 2007, 5.30pm to 8pm - Strand Off
I know some of you might be interested. Halifax Careers Evening Tuesday 5th June from 5.30pm to 8pm at Strand Office Great career opportunities include: Trainee Mortgage Advisors Mortgage Advisors Mortgage Reviewers Customer Advisors Competitive salaries plus excellent benefits Hammersmith, Westminster & Camden areas To…
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Woolwich tracker not tracking!?
Hi, About 6 months ago I moved our mortgage to a woolwich tracker mortgage, i think (bbr + 0.14). Anyway since then we have had about 3 rises in the bbr but our repayments have not increased. Now obviously i don't want to walk into the bank and say, should i be paying more? but just wanted to know if this is usual and if…
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Early repayment charges for me and I want to buy a new house with my partner
I bought my flat almost 3 years ago and have a 3 year fixed mortgage. My partner ( soon to be wife) hates my flat and wants us to buy a house together. She owns a buy to let property but doesn't need to sell as she has savings to match the equity in my flat. The flat is up for sale but I've just found out that I'm tied…
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Woolwich Lifetime Tracker - application experience?
Hi, I posted recently asking if there was such a thing as a mortgage with no tie ins and no up front fees. I got lots of useful replies, and as a result I have narrowed it down and now need to choose between 2 products. ING Direct - this is variable rate, currently 5.64% Woolwich Lifetime Tracker - this is a tracker,…
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Really Silly Question re: Interest Only vs Repayment
Hello I have a REALLY stupid question! I am wanting to take out equity in my flat to buy a house and have been quoted tracker rates for both, at interest only & for repayments. Now as I understand it... the trackers I am looking at have no redemption penalties and one can throw money at it whenever etc. So what am I…
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Mortgage But bad credit ! Help pls
Hi i currently lookin for a mortgage but ive got a poor credit rating..... i dont really want to pay 1500 -3000 arrangement fee or is that what i will have to pay until my credit score improves??
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Anybody taken out a Abbey Mortgage recently?
Just wondering what the average time is from application to actually being in a position to exchange.
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Bad at maths! Interest question
If I take out a repayment mortgage of £130,000 at 6% over 25 years the monthly repayment with be £837. But can you tell me how to work out what portion of that monthly payment will be interest. It's probably obvious, but my maths is failing me :-) Many thanks Jason
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Warning! Cost of fixed rates to soar
No wonder Halifax withdrew the 4.99% I was looking at. Won't see the likes of that for a few years... 1 yr swap now at a ball-busting 6.16%!! http://www.swap-rates.com/UKSwap.html
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Anyone ever had a mortgage with GMAC RFC
I am just about to go fixed at 5.95% for 2 years on int only with GMAC. But had never heard of them til IFA recommended them. Anyone ever been with them?
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remortgaging - legal side - please help
Hi all. I need to remortgage soon and have been getting quotes from several people. The situation is that i'm with HSBC and by stopping with them I can get a straight switch onto a new fixed rate without any fees at all. While this is easy and quick, the rates are fairly high (6.09%) compared to others i've found on…
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mortgage adviser questions
hey peeps my dad has just arranged for a mortage adviser to pop down in the next 10mins to discuss a remortgage, any questions that are important that i should ask apart from the obvious? current mortgage: woolwich tracker . 70k mortgage any1 reply within 10 mins?? thanks
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Help re Change of Mortgage issues please.
Hi all, Looking for some general advice and opinions. I have a flat that i own (currently on the market) and a flat that i own with my b/f. When the flat im selling eventually sells, i should have made about £40k profit. Now - here comes the advice that i need.......me and b/f currently have a northern rock (arrrgghhh)…
