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My conversation with a mortgage broker??!!/pitfalls of their software
Confused,please tell me what was going on here! Used a much recommended Whole of market Mortgage Broker. Initially we we were considering a tracker,,and some quotes were put forward for us.At a later stage we decided we needed a fixed rate.I let them know ,and believe I may also have mentioned a 2 year fixed with the…
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Mortgage Brokers - L&C - good experience?
Don't have a mortgage currently, and looking to raise some capital for home improvements (£50K on £300k house.) Spied the Lloyds TSB Intermediary Tracker thru' London and Country's website at around £50 cheaper a month than other freely available mortgages. Question is, is there a way of checking how "good" these brokers…
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Monthly Or Yearly Repayments Off Mortgage?
Hi, I'm thinking of paying extra money off of my mortgage and wondered if anyone knew if it was better to pay a certain amount off every month or put that amount into a high interest account every month and then pay a bigger lump sum off after about a year? Many thanks for any advice.
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Remortgage Question
Hi, Hope someone can advise me on a mortgage question I have: My mortgage ends in 17 years' time, but as my husband retires in 10 years' time. Ieally, I would like the mortgage to finish round about the same time as he retires. My discounted mortgage with Abbey comes to an end next April and I would like to know, when I…
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Nationwide Tracker or 3 yr fixed
Hi - I hope some of you can help me with this. My wife and I have a 2yr fixed rate mortgage with Nationwide that comes to an end at the end of this month (October 2007). The mortgage was for £136,000 at 4.39%(ah - those were the days !) paid back over 25 years. The amount owed is now down to just under £131,000. The…
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Commercial Remortgaging?
I'm looking for advice regarding a broker/where to find a commercial remortgage please... I bought a 'going concern' in April 2006 which I am successfully running (got the first years accounts to prove it!) but as I was only 24 at the time and hadn't run a business before I didn't shop around for a mortgage... I went to my…
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Change of Circumstances
Wondered if any one could give me any advice on my situation. My husband and I bought our house 3 yrs ago when we were both working and currently owe about £205,000 on a fixed rate mortgage (Nationwide) which runs until June 08. I took voluntary redundancy in Dec 06 and also found out I was pregnant so I decided not to…
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Fine for breaching mortgage conditions?
We took out a standard variable rate mortgage in 2005. A year later our circumstances changed and we moved out of our house and let it to tenants without informing the lender. We appreciate this is a breach of the mortgage conditions. When we contacted the lender to inform them of the changes they asked us to pay an…
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Removing an ex from a mortgage
ive recently split from my boyfriend we bought our first home in july 2006 and we have a fixed rate mortgage till july 2008, what steps do i need to do to remove him from the mortgage? Please someone help :confused:
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Should i cash in endowment ?
Bit of advise needed. Took out endowment in 01/12/1992 to run for 25 years with Clerical Medical. It is only 34.75 per month which i have paid since dec 92 and would have another 10 years to pay this amount each month. The last letter i got says the projected final amount is 4% each yr 6% 8% 14.900 17,900 21,200 The target…
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Single workaholic seeks....
A mortgage! I have no debts, they have been recently cleared, apart from a loan that I pay £200 a month, this has never had so much as a late payment. My credit rating is reading as poor at 780, from Experian. Am I best to stop even thinking I can get a mortgage? how long should I wait if not? I am very new to all this…
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Buying and renting back.
I have been of late witnessing an increase in the number of television adverts (Like bees around a honey pot ) advertising buying and renting back your property ,an unregulated area and it gives me concern.
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Claiming back a Fee
Just been charged £25 for arranging my own insurance on a new mortgage product. Bearing in mind what has gone on with bank charges and general FSA guidelines (is it resoanable to charge for such a thing), do you think I have a case to claim this fee back? Any jargon that I should include in my complaint letter will be…
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endowment shortfall
Can anyone help! I have an endowment policy sold to me by by an independent advisor 18 yrs ago, the policy is seriously underoperforming. I/ my Solicitors have been unable to track down the firm of advisors and we believe that they are no longer trading. I believe that the policy was misold to me so I have contacted the…
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1,000,000 UK people pay mortgage with credit card!!!!!!
http://www.fool.co.uk/news/property-home/mortgages/2007/10/17/fool-news-the-credit-card-mortgage-trap.aspx When this pops it will become a self-fulfilling prophecy, ie all drops will make more and more BTLs and debt ridden folk put their houses on the market. The market floods and collapses. BTW over 1 million subprime uk…
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Help with mortgage after divorce needed
Hi, i was wondering if anyone could advise me. My husband and i are separating and selling the marital home - We should be left with about £85k each . however i have about £17K debt on credit cards, which i intend to clear from my share of the equity. In oder to buy a new home, i want to borrow about £130K (repayable over…
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Self employment and mortgage?
Hi folks, After a bit of advice if anyone can help... My boyfriend and I are currently in rented accomodation. However, our landlord is happy to sell the house to us...bonus! This is where the advice is needed... My boyfriend has been self employed for a year (but has been in the plastering trade for over 3 years) and has…
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Any Surrenda-link Advice
Hi we have just put in details to see if we can get any offers to sell our endowment policy. Surrenda-link have come back with offer after a day. I have read afew things about them that they are not always quick at paying and dont answer calls. Any one with experience who have sold an endowment to them. Advice much…
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Anyone had their mortgage offer cancelled?
Hello, Just been reading the news, and although I know you shouldn't believe everything you read, an article about mortgage offers being cancelled after the contracts have been exchanged is worrying me a little. We are taking out a new mortgage before selling and thus redeeming our old mortgage. We have a bridging loan for…
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Cheltenham & Gloucester being awkward
Son & GF are buying a house. Its been 11 weeks since their offer was accepted. One delay that they were responsible for was they asked for 100% and it was turned down. They,ve scraped a 5% deposit together and one thing after another has been delaying the sale. The latest from C&G ( via the Finacial advisor attached to the…
