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Northern Rock Together SVR
I have seen a lot of posts stating that NR SVR is 7.49%. I have dug out my KFI and it says that the NR Together SVR is no more than 2.39% above BBR (ie 6.89% following rate change or 7.39% prior) and the offer letter states that the NR Together SVR is guaranteed to be lower than the normal SVR. Can anyone confirm what the…
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Free financial advice that donates to charity - quotes4charity.co.uk
Hi, I just thought those of you with charitable minds might be interested in this free financial service offered by www.quotes4charity.co.uk (Q4C) which is also a registered CIC (community interest company) I'm Trustee of a small charity which struggles to make enough money to oversee our annual budget and was recently…
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Equity Release
Hi martin, We are a retired couple and we still have a mortgage, we would like your advice on Equity Release. :confused:
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Remortgage to move abroad?
Hi, I am looking to move to Singapore shortly. My house is on the market but I wanted to investigate the possibility of letting it out here whilst living in Singapore. We (my wife and I) do not have a long-term view on when we may return to the UK; maybe after 5 years or so, maybe never. I have a mortgage of around 125k,…
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Parents splitting.
Hi guys...New here ,not sure if im posting in the correct section or not? Not sure if this is going to be possible but i thought id ask here for any advice. My parents are splitting after being married for 30 years they are both in their 60's and both retired. My mums moved out and its just me and my dad at home. The house…
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Remotgage rental property
Evening, we bought our first flat 18 months ago and since then, have bought a new house. we are renting the flat now as for obvious reasons, there is no real benefit in selling at the moment. the mortgage on the flat was a 2 year fixed deal which expires in may 09. there is very little equity in the property as first time…
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Northern Rock issues
I and my partner had a 2yr fixed deal with NR. We didn't borrow more than the property is worth or anything like that, we just took out a 2yr fixed mortgage on 4.09%. We now find out that the fixed rate period ends on 1st december, only 22 months after taking it out. On querying this, we are told that we were first offered…
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Standard Life Endowment
We have an Endowment which is due to mature in September 2009. Because it was underperforming, we paid off our mortgage with some inherited money 5 years ago. We submitted a claim for mis-selling and recived a reply to say that the company upheld all our claims but we would not receive any compensation. This was because we…
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Further leading on mortgage with adverse credit
Hi, I was wondering if anyone can advise me. I have an offer on our house and have found another that is 180k but due to circs will accept 140k. The offer on ours is 100k so we need to borrow about 35k to make up the difference. We have a mortgage for 90k with the woolwich and would want to borrow the extra with them but…
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Northern Rock - Complaint??
Hi, I'm one of the poor bu**ers stuck with NR after taking out a 'together' mortgage. My 2 year deal ends in December and so payments are going sky high. Due to the current credit crunch my home is worth less than the outstanding mortgage balance so I'm stuck with the Rock. YES, I know I didn't have to take the 'together'…
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Loan or mortgage.
Can someone please help me as my head is spinning!!!, I have had a letter from my mortgage lender as my fixed deal is ending and as my mortgage is very small I dont know what to go for.. Here is a little background info. Amount owing £19000,now reverts to standard variable rate of 7.00%. Personal details: age's me 50…
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Bradford & Bingley - Redemption Penalty?
Afternoon all, Hope you're having a great weekend. We're considering moving home (it's home, not just an investment!) and so are happy to swallow a loss on the value of our place, so long as we make it up on our purchase. Our mortgage is 5 year fixed with B&B, which we're 3 years into. Great rate and, ideally, we would be…
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lowest standard variable rate? and can we move from 1 svr to another banks svr?
Does anyone know the banks with the lowest standard variable rates? I know that when our 2 yr fixed deal comes to an end next June, we will be put on the svr (with Ulster Bank -Royal Bank of Scotland). Wondering if we can move from UB svr to another banks svr. I know there will be fees etc but if there was a large enough…
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Missing a mortgage payment advice
Hi, I wonder if anybody could help me please. I've had my mortgage with First Active since March 08, although I've had the mortgage for many years - I choose to switch when I can without penalty. For the first time ever I'm going to struggle to make a payment this month. I don't want to borrow from family and I'm unable to…
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things needed prior to completion
at the end of my mortgage offer it said... special conditions loads of little bits like must pay by direct debit,must pay this loan off. i understand all of that but then it says this Credit Searches Original credit searches dated 09/09/2008 required, prior to completion Mortgage Statement Original certified copy of…
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Kicking myself ( abbey )
Abbey offered me 1.09 above the base rate ( tracker ) on monday ( before the base rate fell ). I said id think about it, now ive rung them and they have put it up from 1.09% to 1.59%! I cant beleieve i didnt take the deal they gave me monday, i am so angry with myself. Not sure what to do now, wait it out for another month…
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Prudential Endowment Policies
Hello All, I would appreciate your advice on my endowment policies,given the virtual collapse of world stockmarkets yesterday. The policies were taken out directly with the Prudential in 1991 to cover an Abbey endowment mortgage which is due to finish in February 2011. My concerns has been heightened having read about the…
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Will I have no trouble getting mortgage?
Someone at work said to me yesterday - are you sure you'll get a mortgage? I confidently said yes - I have 50% deposit and will only be borrowing just under 3x my salary. But.. overnight all the doom and gloom made me paranoid. I was 100% sure I'd have no trouble getting a mortgage (not ready to buy yet so haven't been to…
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First Direct Delays
First Direct are are swamped with calls. Was told today that a mortgage advisor would be able to ring me back on the 20th of October between 4 and 5 and if I was unable to take the call - a possibility given my job - I would need to rebook an appointment with a similar time frame! This is for the most straightforward…
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Is my Endowment relatively safe?
Hi, I just want to follow up on a similar question that i asked previously now that the current world financial climate has worsened this last week. I have an endowment with NU which is fulfilled/expires in May next year (2009). Does anyone think that there is any risk in this sector of our investments being lost in any…