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Advice needed on mortgage offer held
Hi, I'm new to posting so apologies if I'm breaking any ettiquette?! Just a quick question for anyone who may have the answer. We (luckily) agreed a 95% LTV mortgage with Nationwide in August (the offer lasts 6 months). We got right down the line of buying a house but had to pull out at the last hurdle (too many reasons to…
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Fixed, Tracker or base rate. Which is best?
Hi guys. I am hoping someone can give me a bit of guidance. We have just come to the end of a five year fixed deal and are looking to get a new deal. We would like to go for a fixed rate however with the talk about the likelihood of interest rates falling, to be tied into a fixed rate now seems a bit of an unsound thing to…
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Protection if Endowment company goes belly up!
I have several endowments. What protection, if any, do I have if the company goes bankrupt? Will I get anything back? Thanks R.
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Nationwide Interest Rate Change
I hav today received my letter from Nationwide advising of the new monthly payments as the interest rates were cut by 0.5% (It follows the BofE Base Rate). They have said that these new payments are from 1st Nov. Just a curious question. As my mortgage follows the BofE shouldn't this new rate be back dated to the time when…
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Reducing negative equity risk
Is it possible to once your property has been bought?Ive been paying my mortgage for 2.5 yrs and have made a some overpayments to bring the overall size of my mortgage down.I have paid off £11500 of my £71500 mortgage.My mortgage rate is 4.79% but I can make more money from savings accounts,so makes less sense to make…
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Seeking a 85% LTV Buy to let remortgage?
I know it's a silly queston, but are there any reasonable mortgages out there?
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Whats The Best Fixed Rate Mortgage On The Market At The Moment??
Hi I want to get a 2/3 yr fixed rate mortgage Ive a 60k deposit & Ive put an offer on a 210k house, Does anyone know who has the best rate at the moment?! Thanks in advance:o Kate x
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A little advice please
Im not very good at calculations and not quite sure if im on the right board either but here goes. basically i have around £2000.00 and am not 100% sure wether to put it in my isa or pay into my mortgage. My mtge is Approx £55000 on a tracker currently 5.99% and my isa is paying 6.59%. Im more tempted to put it into the…
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0.05 below base rate tracker ending
:confused: I really don't know what to do. My fantastic tracker is ending at the end of November and I am really disapointed and confused. London & Country offered a life tracker at 1.25% above base rate with Saffron Building Society (who!), I have seen better rates than this myself. Anyone found a fantastic traker deal…
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APS Mortgages Money partners and Kensington Mortgaes
Can anyone tell me if all these companies are part of the same group? After some diggin on the internet I get the impression they are. We were not informed of this. We took out a mortgage through APS, who charged us a fortune, at the time he told us we were sub prime. We weren't, we bloody well are now. The only mortgage…
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What is transfer of equity fees?
Hi Im currently trying to sort out my mortgage. Im transfering my mortgage from C & G to the Yorkshire Building Society. I've just got a letter from Yorkshire's solicitor today and on the list of costs, it says transfer of equity at £225, deed of postponement at £100 and confirmation of property ownership at £15. What are…
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To Off Set or not to Off Set...
I currently have a mortgage of 42000, and am considering remortgaging.Considering my current product is 7.19% interest! FD have offered me their Free fee variable rate mortgage - 5.29% Offset Base Rate Tracker. I have £9000 savings. I am a higher tax earner. I am debt free. I have £500 disposable income monthly, this could…
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One Account rate cuts
Thanks to forum users who followed up re announcements on a rate cut following the recent BOE 0.5% cut. Does anyone know what the cut will be? Given they haven't passed anything on recently and even went in the opposite direction of increasing their rate this year I hope they pass on the full whack. The margin between BOE…
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Endowment Dilemma
My daughter and I bought a flat in January 1990 and took out a joint endowment to cover the mortgage. Since 1990 we have received Conventional With Profits Statements for both myself and my daughter with separate policy numbers. This year August 2008 I received a Conventional With Profits Statement but my daughter did not…
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Valuation lower than expected
Hi All, I'm currently looking at a re-mortgage deals, everything seemed to be going fine as my mortgage advisor had said with the expected value of my property I would have had an LTV of 69%. The valuation report has come back and its putting me at an LTV of 80%. We where looking at an offer from the abbey of 5.74% on the…
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HELP !! 8k short on mortgage
We have arranged our mortgage through a FA. We are due to exchange next week but my dad (thank god) just realised that the figures did not add up and we are 8k short. So the FA has not done her sums correctly and we are 8k short of the amount needed to complete. Will a mortgage company be ok about this ?
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putting wife on mortgage?
Hi there, ive just had a shared ownership mortgage approved on my name as the joint application with my wife was refused. is it possible to put my wife on the mortgage at a later date?
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mortgage renewal for shared ownership home?
Our fixed rate mortgage comes to an end in January, and I phoned up Nationwide (who we're with) and they said that we won't be able to renew a fixed rate with them. Here's how the conversation went: - they asked me how much the value of the house was, and as I had actually gone onto their valuation calculator online, I…
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Remortgage Guide?
Anyone managed to get the recently offered guide? I asked twice for a copy and telephoned - nothing. I didn't print off it seemed to contain a lot coloured pages.:o
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Check Woolwich Off-Set
Following my light bulb moment - switched on solely by the resources this site provides - I chose to review our finances and in truth didn't understand most of it :think: but it seemed to me that the Off-Set wasn't doing what I thought it was meant to. Being self-employed we were using the saving accounts ("pots") you can…
