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What if........
What happens if (hopefully hypothetically) the company I have purchased an endowment, to cover my mortgage, goes under? Are we covered in a similar way to a bank? Tim
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The Abbey
Hi I am currently progressing with the abbey I had my survey done independantly weeks ago (prior to apply with the abbey) and they are getting a transcript from the surveyor, Anyone know how long it takes them to apply for this? Ta
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Whole of market fee free broker
Hi all, I'm looking to get in contact with an 'all of market-non fee' mortgage broker / advisor. My mum would feel more comfortable face to face rather than over the phone does anybody have any suggestions? My mum lives in teesside and would like to remortgage to pay off some small debts using the grown equity in her…
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No arrnagement No tie in
Hi, Are there any any no arrangement AND no tie in products availbale for re-mortgage. I am on SVR however potentially looking to sell in next 6 months Thanks
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Wanting to buy partner out of the property
Hi everybody,Im new here and I need abit of info please. I was wandering if anyone could help me.My partner and I bought our house in May 2006.we took out a 95% mortgage and my partners parents gave us £5000 as deposit.(We drew up an agreement so if the property was sold he would get £5000 more from the profit).With loans…
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Exchange Problems - Help Me Quick
Hi All Hope you can help? Today we have started the exchange process and something as come up which i dont understand. the chain is small, we are buying a house, the house they are buying is a probate house. Today i had a email from the soliitor which said: I am afraid we have been unable to exchange today. The Sellers…
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Let-To-Buy Mortgages
Just wondered if anyone has experienced let-to-buy mortgages? We're considering this as a way of moving up the property ladder in the same area we currently live in, and have been trying to find more information about decent brokers/lenders who have reasonable rates on offer...cheers for any info!
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Partner buying me out - HELP NEEDED
Hello everyone New here and after some assistance Have split up with my partner and she wants to buy me out of the flat we own We bought the flat four years ago for £123,000. We've got £104,829 left to pay. I left home last summer but have continued to pay the mortgage and have not missed a payment ever. I've yet to ask…
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New Rates
Hi there. Just found out our 3 yr fixed rate of 4.99 with the Halifax ends in 2 weeks and cannot access the PDF from this site regarding remortgaging.... the best they will offer us today is 5yrs at 5.89, meaning our monthly repayment rises to 1258. BUT this will incur a £999 fee (!!!). Is this really a good deal? Would we…
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Can someone help me identify which lender this is?
Hello, Currently in the process of looking for a mortgage, and have been following Martin's advice. So I've called the 4 main brokers. One of them (not the free one!) has found a product I'm pretty interested in, however he won't tell me who it is with. I was wondering whether anyone may know what he was talking about.…
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How is offset mortgage and savings treated if bank goes bust?
Does anyone know what would happen if a bank goes bust and you have a mortgage and savings in an offset account with them? I have a mortgage with IF.com and some savings offset against it, if they went bust would I lose the savings? or would it all be treated as one pot and I'd just owe them the balance of the mortgage…
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A bear lesson for the UK. How safe are British banks?
Last night the US fed, and central bank rescused Bear stearns, with the help of JP Morgan. Over the space of a weekend, it extended emergency credit, and fire sold the striken bank, with £30bn as a guarentee. The shareholders lost pretty much 95% of there holings, but bear's counterparty credit positions are stable, thus…
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Mortgatge Product fee - Can these be waived?
I used to be a staff member with a bank and get staff rates for the mortgage which was the BoE base rate. Since the bank sold off my department I'm no longer classed as bank staff and I have been moved onto the customer variable mortgage rate of 7.25% equating to a 2% increase. I'm now having to look around for a new…
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Right time to remortage?
My other half and I had a fixed rate introductory deal which finished a few months ago, we're not sure if it's the right time to look for another? We find it all a bit confusing and don't want to get tied into a deal for however many years only to find we could have got a better deal if we had waited. What do people think?…
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Dirty Trick Cheshire BS ?
Our current deal with the Cheshire is due to end on 30th April and we received a letter and a leaflet with all the deals on offer to us. I phoned to make an appointment and was told that they were very busy and couldn't get an advisor to talk to me until Friday 14th March. On Friday I waited for the call which never came .…
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Income/Outgoings...
I've been reading lots of posts recently on this board and found that the bigger the wage you earn, the more financial difficulty you often seem to be in - seems to be rather odd, but lots of recent posts with people being on really good wages, with quite horrifying debt/money management causing real problems getting…
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Help !! Remortgaging tomorrow...
Hi folks - looking for urgent advice – I'm new to all this and the more I read in this forum the more I realise I don't know and advice here is invaluable. Here in brief is the situation - Have to remortguge on 1st April - have mortgage with local building society Our Current Situation : LTV : 70% Gross Home Pay is 37000…
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Mortgage application....do I sense a problem?...help..anyone?
Hi, I am worrying about our re-mortgage application... We decided to remortgage to consolidate some credit cards...approx 7k oweing, the rest will go on home improvements and to top up our savings for our wedding in June... We owe 152k at the mo and applied for an extra 13k. House according to index value is about 172000…
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1st Time remortgage and loads of debt, need help
Ok here is the deal:- My girlfriend and I are getting married this year and as her current fixed rate mortage with Hallifax is comming to an end, so what we have decided to do is get the mortgage in joint names, however we both have an ammount of debt and we basically need is to find the best way forward. Basically she has…
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noob questions about mortgages
Hey all, Just got a few "noobie" questions about mortgages :) if i get a mortgage for say £200,000 and decide that i want to move after 6 months, do i still have to pay the mortgage once ive moved, or do i pay it off with the money i get for selling the house and then get another mortgage on another house? If i happen to…
