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does this deal sound okay?
[FONT="]Yorkshire Building Society re-mortgage away from NR[/FONT][FONT="][/FONT] [FONT="]Fees = £732[/FONT] [FONT="]5.29%[/FONT][FONT="][/FONT] [FONT="][/FONT][FONT="]Underpay - Take a holiday when you've overpaid a month's payment[/FONT][FONT="][/FONT] [FONT="]Overpay up to 10% balance…
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tracker mortgage and loan
Morning all, I have a mortgage with Barclay and also a home owners loan.These are both on a tracker.My mortgage has come down but my loan payments have stayed the same is this correct.My mortgage is intrest only (only one wage coming in now) iam currently paying £200 a month less than since the rates have come down.Any…
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Britannia special deal - is it worth it?
Hi everyone, I got a letter from Britannia today. I am currently on a 2 year fixed of 5.49% that expires in October. I was a first time buyer and the mortgage was for £144,000 on a house price of 179k (LTV = 81%?). Obviously this was right before prices crashed so the LTV is now going to be bad if I have to remortgage…
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Fixed rate mortgage
My son has a problem, he took a mortgage out 20 months ago, on advice, on a fixed rate. Which of course at the moment is crppling him financially. He is tied for over 2 years more, his credit rating is not good. Any suggestions on how to reduce his outgoings?
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a couple of options, help with my maths please!
Hi there we are in a lucky situation whereby i have 275k as a deposit for a 418,600k house. My initial application was for a 5yr fixed rate with chelsea at 4.29%, £995.00 arrangement fee and a free valuation. This deal is going through credit checks etc all done, should have my offer in the post tomorrow. Interest only…
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Pulled out of house purchase.
Have pulled out of purchase as a result of construction issues. Our broker says our offer with Abbey is valid for 30 days. It's really unlikely we'll find something we want in the next 30 days and don't feel i want to rush at this point. So will it be hard for us to apply for another mortgage in the next few months? It…
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Missold endowment
Hi all, I believe i was missold an endowment i set up in 1997 and have recently complained and been sent the forms to fill out. One of the questions is: "Are you still using your policy as a repayment vehicle for your mortgage" Now i sold my property in about 2000 and paid off the mortgage and purchased another property…
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Should I look to get out my Fixed Rate?
What seemed like a good idea a few years ago in taking out a Fixed Rate is now on face value proving the wrong decision with all the recent interest rate cuts. I'm going to contact my lender to see how much I need to pay to switch to another product but what I'm not sure on (and I hope you folks on here can help me), is…
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anyone got a 90% LTV mortgage recently?
Looking around for a 90% LTV for a residential and the best rate found so far is with postoffice : 3 year fixed at 6.02%. - Has anyone has been able to get a better one recently ? - Does anyone know of a better rate (Don't mind if through brokers) ? Very grateful for your advice Thank you
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Woolwich Base Rate Tracker Query
Hello We have a Openplan Offset mortgage with Barclays/Woolwich. We noticed our payment has doubled in the last month - we called Barclays to query this as the base rate has been falling. The amount we are offsetting hasn't changed considerably. They told us it is policy that WE call them each time the base rate falls for…
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Effect of interest rate changes
Hi all, Sorry if this has been asked before - I couldn't find a relevant thread if it has. I am somewhat puzzled by the effect the changes in interest rates have had on my monthly repayments on my repayment mortgage. My payments are not going down by as much as they would do if my mortgage were interest only. It would…
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Credit Rating by Association
Hi, Could someone please explian the concept of a 'financial tie' in relation to credit ratings? I am looking to open a joint current account with my girlfriend, however she has a mortgage with her brother. His credit history is poor which has had a negative effect on hers. Would, by opening a joint current account with…
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Abbey's "Reduce your mortage repayments now with no early repayment charge"
I wondered if anyone has any advice re Abbey's offer to let me remortgage now ahead of our 2 year fixed rate coming to an end in August. We currently have a loan of £161,999 at a rate of 5.34% until August. Total term is 30 years (~28 yrs remaining). Current repayment is £903.62 per month. They have offered me various…
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HELP!!!!...Bradford & Bingley Buy-To-Let Mortgage
Hi, I wonder if someone could help me clarify something. I have a buy to key wih B&B foo about 63K. I called today because o was making a Lum Sum Payment and was just chatting with the girl and she told me something interestin. Currently OI am paying a fixed rate till Oct of 5.84 on the buy to let. She told me that once…
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Mortgage Problem re Salaries
Hi guys, I hope you can help us find a lender that can help. We are in the process of moving to the UK from Jersey. We are purchasing a property for £570,000. We have £450,000 to put down. We are hoping to borrow in the region of £150,000 in order to free up a little capital. My wife earns £27,000pa and is employed. Not a…
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strict mortgage lender
my wife and I took out a mortgage last year. Due to certain events we have decided to get divorce. I would like to take on the mortgage myself and transfer everything into my name. My wife has already agreed to this. We currently only have 6% equity in the house and the bank will not let us do a transfer of deed or equity…
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Buying a cheaper smaller house to lower my mortgage
DUe to relationship breakdown etc I am unable to get a mortgage for my current property in both names alone. I have been told by NR if i can lower the mortgage to under 70K they may do this for me. My mortgage at the moment is about 98K in both mine and ex partners name. I have seen a house that is at 80K with 10% deposit…
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I found the house of my dreams before I've even put mine on the market
I really have found the house of my dreams and I don't need a mortgage to buy it. I wish I could say that's because I am loaded but no such luck. The house is on an estate (as in the landed gentry type not council) and is only available to rent, I don't have a problem with that, I am quite happy to rent it. My problem is…
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Intelligent Finance - port to new property
Dear All, I hope someone can help with the following: Have an offset tracker on SVR with I.F. Looking to increase our mortgage as we are moving house. Apparently we cannot do this simpy by accessing our pre-agreed reserve (& built-up reserve) as we are on their SVR, so have to apply for a new product with an arrangement…
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Shared ownership
O.k I currently own 50% of a flat and want to sell. My problem is it is now worth less than the outstanding mortgage :-( My question is - is it possible to sell for say 50k leaving 15k on your mortgage then get your mortgage company to transfer that 15k to a new property??
