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Mortgage Brokers
We remortgaged about 4 years ago and used a home finance company to facilitate this. When they had done all the boring, hard work, they let us into the fact that we would have to pay almost £2000 for their services, but this was a one off payment and would allow us access to their services for the life of the mortgage (20…
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Taking out a loan to cover mortgage deposit???
OK long story about the whole house thing, but what I'd like to know right now is: Is it possible to take out a loan (in this case around £7k) to cover the 5% deposit on a mortgage, or would this affect us being able to get a mortgage in the first place? Would it hurt our credit rating? My hubby is s/e so this would be a…
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Mortgage Advice
Hello All Could you please provide some advice to me. I am going to be buy my first house. My partner and I both earn £60K in total and hoping to buy a property somewhere in the region of £225K. We are hard savers and have around £55K to go on the deposit. As some other people we are quite worried about the last few…
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What is a first timer buyer?
Ok, seems like a simple enough question, but is it? What is the actual definition as per the mortgage lenders? You see I bought a house (on a FTB mortgage), sold it and rented for a few months and now want to buy again. As I have no current mortgage situation does that qualify me for a FTB mortgage? or are they really only…
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AIP - before or after offering??
Hi, Am trying to get my head around all this house buying stuff. I called London & County and they advised that they dont do a mortgage offer in principle until after we have made an offer as otherwise the deal we are approved for may expire and then we will have to be credit checked again which would harm our credit…
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Halifax Mortgage payment holidays
Hello all I am thinking of speaking to halifax regarding taking a mortgage payment holiday whilst i am on maternity leave. Does anyone know if they mark your credit file with missed payments during this term?, someone told me to be careful of this and that is obviously the last thing that i would want to happen. Many…
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Affordability
My partner and I have been in rented accommodation and are now looking to buy. I'm on around £36,000 per year and my partner works part time for around £10,000. We have no debts and a deposit of around £40,000. We're looking at getting somewhere in the region of £180,000. I was just after a bit of reassurance that these…
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buy to let for expats
Hi, I am currently living in New Zealand but own a flat in London which I will be selling soon (hopefully). I want to re-invest the profit made from the sale in 2 cheaper properties "up north", and rent them out while I continue to live overseas. Does anyone have any recommendations for mortgage lenders who will offer me a…
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buy to let for expats
Hi, I am currently living in New Zealand but own a flat in London which I will be selling soon (hopefully). I want to re-invest the profit made from the sale in 2 cheaper properties "up north", and rent them out while I continue to live overseas. Does anyone have any recommendations for mortgage lenders who will offer me a…
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How to compare?
We are going to put an offer in for a house tommorrow.. We have already decided that we are going to change from his "One Account ", CAM- type mortgage,as this type of mortgage is not good for us-in fact I dont really understand it- and neither does my OH. The questions are these: I am ploughing through all Martins notes…
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Broker and Halifax, who is to blame?
Hello there, I have been going through my broker for my mortgage, my 2 year deal was up and my broker advised that the Halifax who i was with anyway were offering the best deal. I was wanting to switch onto an interest only, and assumed this had happened. When the papers came through it showed it was an interest and…
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Where will i find "Best Buys?"
Currently reading Martins remortgaging guide. On page 19 it says "see the best buy section of MSE." Where is this?
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Cemap 1
HELLO EVERY BODY!! I am new here in this site. I am doing my CEMAP1 this month on 4th septemeber. I heard that matrial has been upated and exam question has been upated. Can you tell me idea to pass my cemap1. and if some body have notes of camap1 then email me plz . max_imus_69@hotmail.o.uk I will be very thankful to you…
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Which Mortgage do I choose
Hi, any advice on which mortgage I should go for :confused: .. here`s some background to help. I already have a Mortgage (Halifax) I owe £59,000 on my current Mortgage I earn £18000 Before Tax I have a seperate Loan of £220/month I am single/Live Alone I have about 21 years remaining on my current mortgage Thanks in…
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First Time Buyers
Me and my bf are looking into buying a house next year and i was wondering if anyone here can point me in the right direction to a website which may help me understand things im going to be doing.for example deposits stamp admin fees.jus something to read up on really which can help me understand a bit better.thanks x
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Should we pay off our mortgage? (further thoughts)
A while ago we posted a request for advice re our 67K mortgage. Here are the details of our endowments (no longer tied to the morgage). Together with savings we could (just) clear the mortgage, but don't know if we would be wiser to wait until the endowments mature in 5 years time. The mortgage has 13 years to run. The…
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2 Property Owners Thinking of Moving in Together
Hello all, got a question or two and would like some advice if possible. Me and my gf both bought our own places about 12 months ago, both are new builds. My place is a 2 bed freehold flat which is worth around £120k, and my girlfriends place is a 2 bed terrace worth about the same if not a little bit more. We've been…
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Help Needed - Financial Ombudsman Useless
Hi Thanks for reading, I've been complaining on behalf of my dad for his Endowment Mortgage which is now in a shortfall (After talking to my dad and looking on website it inspired me to complain). The company I am complaining about is 'B.W. Financial Planning Services'. They no longer operate and are now owned by Norwich…
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Halifax is this right.
When i first took my first mortgage out i was quoted £115 Mortgage exit admin fee, we then moved so the morgtgage changed and we got charged a £175 mortgage exit admin fee, the bank have just refunded me £60 back is this right????
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Mortgage Help
If anyone could offer any advice I'd be grateful, This is the situation, We have a mortgage on our house for about 85k we have been on a tracker rate with Nationwide for 2 years and this ends on 31st October. We also have another smaller property which is currently let but with no mortgage on it. We also have our house on…
