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Do Pay off Mortgage or not?
I have something just over £3K balance outstanding on my mortgage, (5 yrs left)I am considering paying this off in full :j , BUT, :mad: due to work relocation i am considering buying a second property at my new place of work,maybe later late this year or even the in 2010, question is, is it worth keeping my current…
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Mortgage Broker usernames
It was once discussed that perhaps brokers should not have names that obviously indicate that they are a broker..as might be seen as self promotion .... this was not implemenated, a few new users recently joined with obvious names.. Any other thoughts from (all sides) if such names should be allowed ?
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Mortgage arrears
:( Hi peeps, First post and unfortunately rushed as I am pinching time at work here... Basics first are that we have a mortgage and are £3000 (ish) in arrears:embarasse I offered to pay them £250 per month on top of our regular payments which is the absolute maximum we can afford for now. They said that is not acceptable…
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Remortgage for House on the Market
Hi All, I hope you can help. Our house is currently on the market, and our Fixed mortgage / minimum period came to an end in December. Since then, we have researched some sample remortgage figures and have discovered we could be paying a lot less than we currently are. However, as we are on the market, we obviously don't…
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Standard Life Endowment
I'm looking to sell my endowment. Can anyone confirm that the recent bonus declaration is added immediately to the policy or after a certain date? Thanks very much. Ed.
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US Dollar mortgage?
Hi, Is it possible to get a USD mortgage for UK property (I have a BTL flat). About 20% of my income is in USD so I would be protected from any currency fluctuations. I'd guess that if I got a USD mortgage my interest payments would be about 30% lower than they are now, which would be a huge monthly saving!
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What would you do?
We are looking at a house on Saturday which we're hoping to get for £135k. My existing house is a terraced and we only have 27K left on the mortgage. Anyway we have an offset mortgage with barclays at the moment and they said we can port the mortgage over as long as we pay the 5% because its a 95% ltv mortgage. We need to…
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First time buyer - need some help please
Just starting to look around at properties and need a lot of help as this is my first home. I'm looking at properties up to a £100k and have around £15k to £20k as a deposit - depends on how much I need for fees etc. General opinion on here seems to be to get an independent mortgage broker who takes no fee - anyone…
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Where do i stand with partners morgage
my partner got divorced last year and moved out of his house which he gave to his wife but he cant get his name of the morgage. i got my own house in my name only i am worried if his ex wife defaults on the morgage and the bank chase my partner for payments will they be able to claim anything from me. My partners name is…
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Help, Interest Rate annoying the hell out of me!
Currently have a mortgage with kensington, we took it out in dec 03, so we are no longer tied to them, when we started payments where £458 now interest rate is 10.9% and paying £728:mad: we have had ccj's in 2001 and mostly all are paid off, we missed dec 06, jan 07 and feb 07 payments due to unemployment which we have now…
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Does mortgage relief still exist?
Is it still considered wise to keep a small mortgage going to be eligible for tax relief whilst still in employment ,and in so doing getting a reduction in the tax we pay? I know this was considered the case a number of years ago. Any advice please.:confused:
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Advice re mortgage for an ex local authority high rise flat
My friends son works in London as a trainee tax accountant for Deloitte. He earns £30k per year and his salary will only go one way and thats up. He wants to buy an ex local authority high rise flat (13th floor) in SE16 (Bermondsey). The asking price is £140k and he has a £40k deposit. He is being told that it would be…
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Father in law died 3 yrs ago and
the mortgage was paid up with the endownment but MIL was charged as she paid the mortgage early. Could she be entitled to a Mortgage Exit Fee refund? TIA
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NHL/Paragon/LOM
Hi I'm new, Not sure I'm in the right place but I was hoping for some advice. I defaulted a mortgage and ended up having my home repossessed about 14 years ago. In 2004 a debt collecting agency (JDL Holdings of Benfleet) made contact and we agreed a full and final settlement to release me from all personal liability. This…
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Product Fee
Both my husband and I took out a mortgage with the Alliance & Leicester in November 2006. We were charged £999.00 for a non-refundabel product fee which is for taking out a repayment mortgage with them and having it at a fixed rate for 2 years. Can they do this?????
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Endowment - freeze, cashin or continue???
I was wondering if you can give me any advice please? I have an endowment that I took out to pay the mortgage on my house (started aug 2000 for 25 years) that has since been paid off when I sold it. I have at the moment continued on with the endowment policy but I am unsure whether to carry on with it or not? They told me…
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Mortgage company advice - 10% deposit but £350 default 4 yrs ago is hindering
Hi, I have applied for a mortgage on a property worth £210,000 and am goign to put a 10% deposit down. My credit history slightly flawed. I have a £350 default (which has been paid off) that went onto my credit history 4 years ago. Despite the relatively small amount and zero missed payments or negative aspects on my…
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a career in Mortgages; once you've got your cemap, what then?
Hi, I'm looking for some advice so any is appreciated. I am wanting to do my cemap 1,2 and 3 qualifications in the near future and assuming I pass, what is the normal next step for people after that, as most of the jobs I can see advertised are looking for experience. The place I am going to train offers a 'guarenteed…
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Remortgage questions
I am about to remortgage my house (fixed rate deal coming to an end). However, I'm a little confused about certain aspects. I'm unsure about the current valuation of my house - I've looked at 'sold' properties and 'for sale' properties of a similar ilk in my area but IMO these are overpriced. So, I've incorporated a slight…
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Additional borrowing for debt
Hi We've made a decision to try and borrow extra against our house to clear off our c/c debts. Between us we have 19k of cc debt and a couple of overdrafts that we want to clear off and try and live a cc free life. I know it's not the best solution but we have plenty of equity in our house (56%), 16 yrs left to pay and the…
