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Mortgage Booking Fees
My partner and I recently applied for a re-mortgage with The Abbey and utilised the services of a local Independent Financial Adviser. We selected the deal and decided that we did not want the £995 booking fee to be added to the mortgage and was informed that we had to pay this upfront by debit or credit card, and this we…
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Getting totally fed up with Britannia
Despite having no complaints with them for the past 7 years or so, I'm rapidly getting fed up with them. Our 5.29% fixed deal lapsed on 4th Jan this year and we've been sitting on their SVR ever since, waiting for a new deal to go for, ideally under 4% for 5 years (our LTV is around 60%). The two BoE rate cuts before the…
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Please advise. Is it worth the penalty and jumping ??
Hi Please can somebody help and advise if possible ? I have a repayment mortg with the Halifax and on a fix rate of 5.49% for 5 Years, my deal finishes May 2010. I pay 700.00 a month and owe 106000. My property valuation is approx 167000. Now i know i would have to pay a penalty if i left Halifax 5 yr fixed which is 2300.…
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Excuse my ignorance! But am confused!
Sorry guys, to most of you this will seem like a straight forward question and one that has been covered in other threads but I am still confused! (doesnt take much!):confused: I had a mortgage with Yorkshire bank. After two years of a good deal (first time buyer), Alliance and Leicester had a better deal so i switched. On…
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Selling Endowment with Guaranteed Sum
I have a 30K with-profits endowment policy (now with Zurich Insurance) due to mature late in 2011. It was taken out with Eagle Star although I think they were taken over by Zurich Insurance. Not surprisingly it is not going to get near the £30K target, but because I took action earlier it is guaranteed to pay out at least…
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Mortgage Help!
Hi. We got a fixed rate mortagage for 2 years which runs out in Sept this year. I have a couple of concerns over getting a new one that I would love help with: 1) Are we guaranteed to get another mortgage? I dont have very good credit rating - old student debts, so am worried when we re-apply for a mortgage we will…
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Advice needed
Hi I was wondering if someone could help? I am currently taking a good look at all my finances firstly starting with my mortgage. I have a mortgage with Abbey fixed until Jan 2011 at 4.89%. I am considering making an additional payment of about £10,000 and was wondering 1. should I make a one of payment now 2. should I…
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Do valuations take account of improvements ?
The Nationwide house price calculator doesn't naturally take account of the fact that the price we paid two years ago was in line with the state of the place then, and we've improved things since - double glazing, new kitchen, rewiring etc. I know prices have fallen, but can I get our improvements taken into account for a…
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Fixed rate offset at 90% LTV?
Hi, Has anyone come across anything around these levels? I am struggling to find this on the online search engines. I require financing for a £126k house with a 10% deposit (ie £113k mortgage) and although I enter those details when I check the information the LTVs are much lower at between 60% and 75% and/or the rates are…
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turned down for mortgage, current account not on credit file?
Help needed please folks, ive been turned down for a mortgage today, the mortgage advisor was surprised to find out id been turned down as im looking at a property for £80,000, i have a 15% deposit so need to borrow £68000. i have an income of £22000, i have missed the odd payment so i am no saint. My advisor told me to…
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Mortgage on Second Property
Our family spend a lot of time on the coast and am looking at possibly buying a second property over there. I can put a deposit together of 25% on the second property. Althought I have equity in my current house that I could use to purchase the second property, I am reluctant to do that as am on a cracking base rate…
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Reducing RBS payments
I have an RBS mortgage and pay off more each month than my minimum. sometimes just a hundred pounds other times over 2000 pounds. Last time I overpaid I asked what my new payment would be, although i always overpay I like to know what the minimum payment could be. RBS told me that I would only be considered for a lower…
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Mortgage Advice Please?
Hi All, About a year ago I was unable to sell my property in time for me moving into my new house (off-plan new build) and was forced to let it out. I went through the proper channels and informed my lender (Mortgage Express) and got there consent to let without any problems. However, I have now received a letter from them…
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Guarantor Mortgage
Does anyone know who does guarantor mortgages? With a max 10% deposit. Or is it best for a parent to be one of the people on the mortgage agreement. Our daughter and her husband fall short of the salary multiples on a property they want to. We are willing to help but don't really know how to go about getting some…
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Help - Need cash for house quick!
Hi We are selling our house (with out an estate agent stampdutyfree.com and have found a house we want to buy. There is already an offer on the table (a little lower than our offer) that is proceedable, so they want to go with the lower offer. If we became proccedable or found the cash it would be a different story and…
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Jumping too early?
Ok, here's my situation. Currently I've got a fixed rate with The Nottinghamshire BS @ 5.19% which ends in August this year. I will have a balance of £100,000 on a property that was valued at £275,000 (5 years ago at start of mortgage). Obviously the value will of dropped but I am confident that any valuation carried out…
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Abbey Mortgage Offer - Existing customer
My fixed mortgage rate finishes in August and I can put a new deal in place upto 4 months in advance. I have to stay with Abbey and have no option to change, I have been offered the following:- 1 Year Fixed 4.9% Fee £724 2 Year Fixed 3.99% Fee £524 3 Year Fixed 4.49% Fee £125 5 Year Fixed 4.99% Fee £125 7 Year Fixed 5.29%…
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Mortgage Advice Please?
Hi There, Hoping someone can help me out, i messed up big time with my finances through my own stupidity and listening to bad advice, i ended up more in debt than i was and defaulted 3 accounts, i have paid back 2 in full and working on the other. Basically my partner is talking about buying a house but im a bit worried…
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Mortgage Insurances
Hi hope to get some opinions regarding insurances linked to the mortgage The condition of the mortgage is to have Building Insurance, which is fine However, the mortgage advisor has also mentioned many other types of insurance to consider:* Critical Illness * Health Protection * Redundancy/ Accident Cover * Life Assurance…
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Advice needed please
We bought a new house in November 2007 for £355 000, we have a 75% mortgage - if we changed our mortgage now we would pay a fee of around £1800. It expires in November 2009. Our issue at the moment is that we might be moving overseas in the next year or two. What would be the best thing to do: 1. Try to sell the house at a…
