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Should I keep my endowment or sell it?
When I bought my first house in 1989, I took out a 20-year interest-only mortgage for £36,500 and an endowment policy to go with it. Like many people, I have since received letters telling me that the endowment would not yield the expected amount, been through the process of claiming compensation for mis-selling, and did…
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Remortgage Help
Hi, Our fixed rate expires at the end of July, with HSBC. We are looking around at deals, and wanted to know what HSBC would do for us. Apparently, they wont make a new offer until 6 weeks before the end of the mortgage. But, with the probably interest rate increase soon, we wanted to try and get sorted before then. Is…
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Re Mortgage advice please.
Hi all! Im new here and in need of advice. Currently we have been having some financial difficulty and considered an IVA for our debts.The problem is we could be turned down for an IVA because since house prices have rocketed up here we have equity in our property which is enough to pay off our debts if we re mortgaged.…
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How quick are Nationwide at the moment?
Hi all, Just wondered how quick mortgage offers are going through with Nationwide at the moment? Anyone have any experience with them recently? Thanks x
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Abbey mortgage offer?
Hello All, I have been arranging my mortgage with Abbey through London and Country. Today, a month after we got agreement in principle, my broker sent me an email saying the case was approved, and "valuation has been instructed as highest priority". SO does that mean Abbey are getting the survey done as the last thing? And…
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Problem with mortgage
I have a problem with my endownment, I have sold my house paid off the mortgage and i want to cash in my endownment, my mortgage company has charged me £85 to send a letter to the endownment company, the endownment company keep saying they have not received the two letters now sent and the fax that has been sent, i have…
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Help requested
Im new to the site so hope this is the right place! I have got into arrears with my mortgage due to some very bad advice from a mortgage broker. I have a suspended possesion order on my property subject to paying £100 a month on top of my already crippling mortgage payment. I have only recently found out thatout of that…
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failed credit search and remortgage tips
hi myslef and my wife are looking to remortgage as tie in period with halifax is about to end in august so will have no early repayment charge but rate will go to standard variable of 7.25 i didnt think we'd have any problem getting remtg with ing on the 5.39 no fee fixed rate no penalty deal, only looking for 90k, house…
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Countrywide mortgage, FTB advice and Shared Ownership
Seen a property I like on the Shared Ownership scheme......brand new build, great location and one of the very few places within a 15 mile radius of work I could actually afford to buy. Phoned the Estate Agents to arrange a viewing, only to be told that the Housing Association insists on a mortgage evaluation chat with the…
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Mortgage Exit Fee Help Needed...please
hi, I'm hoping someone can help me understand the letter i have had back off Northern Rock. I sent my letter off to claim my fees back and have had the following reply "Having reviewed your mortgage account, the DOM fee was £250 at the time of your recent mortgagecontract began and it has not changed since that date. The…
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Woolwich Mortgages - Pls post your current experiences
Hiya, Please post your current experiences with the Woolwich if you have just taken out a NEW mortgage with them either through Woolwich or Barclays. I am just interested in your experiences on the mortgage side. Please do not take the post off topic posting about a current or savings account move from Woolwich to…
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Equity release to advance inheritance for house deposit?
Hi, Currently OH and I are priced out of our market. We are living with OH's mum to save a deposit. We are resigned to this for the most part. However, my MIL suggested maybe she could do an equity release to advance part of OH's inheritance because she is concerned and wants to see us in a house. Mum's house is worth…
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Mortgage Broker needed for BTL
Hi, we are looking for a broker for BTL mortages,one that does not charge a fee,also will be looking house insurance for upto 6 properties, Any advice will be of great help ( Iam sorry but i did post this on the house buying message board by mistake also) Many Thanks Lee Sharp
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Mortgage Arrears Fees- Clarification Required
I have got in a mess with my finances and along with some very very bad advice from a mortgage broker fell behind with my mortgage. I have a suspended possession order on my property so long as I make a payment of £100 on top of my mortgage. I have recently found out that the £100 is being divided up £40 for arrears fee…
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First Time Buyer Help Wanted
Hi All, Just wanted dome help. I am about to buy my first property, and I have a mortgage in place with HSBC, however I am not sure this is the best mortgage out there at the minute. I was wondering if anyone knew of any websites, where I can apply for mortgage in principle's with other lenders, without ruining my offer…
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Mortgage/tax advice please....
I wish to buy a new house due to arrival of baby! Have found just what i need but have to act fast before someone else gets it! (this happened to me before) Have had mine on the market for a few weeks but no offers as yet. Today i thought maybe i could rent my existing house out, which will part fund the mortgage on my new…
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How can i get a mortgage with bad credit?
Hi everyone!! I'm new to all this and was hoping someone could give some advice. I currently have my debt in a management programme, took me far to long to do, but its done now! As a result of my debt i have a horrendous credit rating, no ccj's but a lot of defaults. I really want to buy a house and have no idea where to…
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Abbey National's New MEAF Clause?
Now that everyone is checking back through their MEA fees (and hopefully claiming them back!) I think the Banks are trying to get their own back - Abbey have now added the following clause to their mortgage contracts - "A Mortgage Administration fee (current fee) for providing, maintaining and closing your mortgage is…
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I need a new mortgage deal - please help!
Hi all I am currently tied into a mortgage deal with Natwest until Feb 2008 and on their variable rate mortgage. I took the mortgage out about 14 months ago, because I was contracting at the time, I was being refused mortgage left right and centre, so being naive I went for this. To cut a long story short my mortgage…
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Mortgage options...
I wish to buy a small house for £268 i have equity of £146 from the sale of my flat, plus about £25k cash available. So I need to borrow £100k or thereabouts. I am self employed earning about £20K (no accounts) this year my partner is a teacher on £32k because of the fuss required for S/E I am inclined to stick with my…
