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Do I count as an FTB?
Hi- I used to own a property, but I have now sold my home and am currently renting (I moved cities to start a new job and didn't find anything suitable to buy whilst I was selling). I'm looking to buy again next year. For the purposes of taking out a new mortgage in the future, do I count as a First Time Buyer? Ta!
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Help with 100% mortgage?
Hi everyone We currently rent and as it is at the moment, are finding it impossible to save a deposit. The landlady is looking to sell this house in a couple of years and there is no way we can afford to save up a decent deposit by then. We are looking at buying a house around £136,000. We will need 100% mortgage and my…
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Buying out my ex
Hi, I split up with my ex six months ago and the house was put on the market but since then we've had no offers and very few people looking around (and as we still have to share the same house!) I have come to the decision to buy my ex out (as long as I can afford it). But I have a few questions before I actually start…
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Is CTC income?
I'm hoping somebody can help me!! My husband & I are looking at buying a house through the Open Market Homebuy scheme and were wondering if Child Tax Credit is classed as income in your mortgage application? Thanks for your help
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Compensation?
I am one of the unfortunate ones whose mortgage offer seems to be taking ages. To cut short a long story, its been 7 weeks since I made my mortgage application directly to the bank. The current situation is that all searches etc have come through on the house but I am still waiting for the mortgage offer letter. The reason…
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Hinckley and rugby Mortgage
I'm thinking of changing my mortagage to capped 2 year tracker from Hinkcly and rugby.Now has any one heard if this is a reputable building society. And do you think this is a good deal if i want to tie it in for 2yrs and have the option of a offset as part... Thanks in advance for the advice. A
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Best No Fees Remortgage
Hi I'm looking for the best no fees remortgage deal. The best i have found is from the Bank Of Ireland with a fixed rate of 5.99 for 5 years. I am looking to remortgage for £87k When i compare it with packages with lower interest rates the difference once all the fees have been included in the calculations is very small…
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Beware Of A&l If Self-employed!!!
Hi, Just a warning to self-employed ppl when applying for mortgages or re-mortgages from Alliance and Leceister. This happened to me & my sis. Situation 1:My sister applied for a new mortgage from A&L, told A&L numerous times they were self-employed, told by A&L everything was ok. Just before completion, they were told…
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Mortgage Retention Question
Hi All, My fiancee and i have just had an offer on a house accepted and we are having the valuation survey done later this week. We have a bit of a concern that there may be a retention on the mortgage as a result of the surveyor's report. The problem is that the house has the old style of wiring for the lights, hard to…
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Should I overpay my mortgage?
I bought my first home 6 months back and can now afford to overpay my mortgage by a few grand a year, probably. I've been thinking about doing this, because my monthly payments have hardly dented the mortgage so far. Is it work overpaying? Many people tell me I should save the money instead, but the rate of interest on my…
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declined for mortgage, help!!!
Hi wondering if some one could advise? i recently got turned down for a mortgage from northern rock for £90000 i'm a first time buyer with full time job for same company for 2 year 6 months, earn £18500 per year.. also was 100% mortgage.... My credit history isnt too good,:embarasse, my credit card is over limit by £900 so…
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Mortgage for Intl. Students? Possible?
Hi everybody, First thanks for all the provided informations and useful threads! I don't know if it's a good place to ask this or not. I'm an international students (PhD) which entered UK last october and my study lasts for at least 3 years. My wife is also a student and her studies take at least 5-6 years. After that I…
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Help please-mortgage/house move-unusual ?
Hi all, I have what seems to me to be a tricky situation. My partner and i got together a few years ago. She is a little older than me and has a grown up child by a previous relationship. We are not married. We now share a house which she owns but which i have contributed to. It is paid for and probably worth about…
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SAM Mortgages Good News for Barclays Customers
After many years of waiting, Barclays have put a rescue package in for those who have Sam mortgages. These were a form of equity release mortgage done in the 90s. Well not a bad product in the right circumstances, they were hideously sold and left many not realising what they were getting into. This left thousands in a…
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Abbey - Bank Statements
Hi We are just going through the application process with Abbey and just had a quick question to see if anyone knows if the Abbey request bank statements when underwriting mortgages? As just to be on the safe side I called my bank today to ask if they could sent me bank statements as I do all my banking online, and they…
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Mortgage-Woolwich,Current Acc-Barclays??
Hi Guys. Just looking for some impartial advice before I tackle the Woolwich/Barclays merger on 24th June. Our mortgage is with Woolwich and our current account is with Barclays. The mortgage is the all in one savings/current/mortgage type, but we only ever use it as a mortgage account. Our day to day living account is a…
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Commercial vs Personal Re-Mortgage???
Hi, my dad is currently looking at ways to raise some finances to purchase another property. He owns two properties (home and business) outright and has no mortgage left to pay on either of them. Home property is valued at about £1m and business premises are worth about £650k. We're looking at remortgaging but I want to…
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Worth paying a £595 fee for 0.3% less on BoE base rate offset mortagage?
Hi I am coming to the end of my special offer BoE +0.75 offset account. Now I think I'd do best pretty much sticking with the YBS. My mortgage is 37000 and I'll be putting about 7 thousand into the offset account. There are 2 offset mortgages offered by the YBS one is BoE+ 0.45 with a £595 fee. The other is 0.75 with no…
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surrendering ur endowments
Should we keep Standard Life w/profits endowment then?
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surrendering ur endowments
I've a Standard Life w/profits endowmentwhich isnt doing well- how have your policies been for you?
