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Offset advice required
With the economy the way it is and savings accounts offering so little we are looking at getting an offset mortgage deal on the completion of our current term (another 5 months yet) and throwing all our savings at it. We have a mortgage of circa £150k and will look to throw £80k at it in to the offset savings accounts…
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FTB or not?
When I was 18 I had a mortgage, split up with OH and he bought me out, there were no arrears on the mortgage and it was all done via a solicitor, I havent owned a property since then (26 years ago). I was asked the other day by an EA if I was a FTB - well technically no I'm not, but I dont currently have a mortgage or own…
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will new car finance affect my chances of getting mortgage?
Hi there, I know this may sound like a silly question but I am looking into getting a mortgage in the next few months but I am in desperate need of a newer vehicle due to work purposes etc but I am holding back on going for finance incase this has a bearing on the mortgage although I could easily afford the payments I just…
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Urgent advice please.
I am 55 and 4yrs ago my husband died suddenly. When I tried to claim on our mortgage payment protection insurance I was told that I was unable to claim because there was no life element to the policy. Because of this I had a large mortgage on our home so i had to sell and move to a smaller house. I applied to our existing…
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Changing a name on a joint mortgage?
Hello, My partner bought a house with a friend 2 years ago, with an expectation that they would keep it for the term of the fixed mortgage, and then review the situation annually as to whether to sell, rent or buy each other out. That period is coming up, and there is a possibility of me buying out the friend's share and…
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Post Office/Bistol&West/Bank of Ireland mortgages?
Another FTB here, and with 10% deposit, the Post Office seems to have one of the best deals I can find. But after speaking to a couple of brokers, they told me that Bristol & West have gone under, and that the Bank of Ireland are in trouble etc... So what would this mean for me if I got a mortgage with the PO (who i'm told…
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which mortgage lenders should I be seeing...
I am self employed, with 3 years accounts done by a chartered accountant. the latest years results were pretty poor. I understand most lenders just base what they lend you off your previous years accounts. Which lenders take more than just the last year into account when deciding what to lend you? I will be about £10k…
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interest rate cuts ?
Do you think that is it now for interest rate cuts ? is there likely to be another cut
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Mortgage Redemption & HUGE Fees
I Need some URGENT advice I have just got a buyer for my house and we hope to be completed within 4 weeks as no chain either side. So going to explain this in detail. The Problem is I remortgaged with Preferred Mortgages in Sept 2007. Borrowed £153,409.00 ask for a settlement fee as we got into difficulties and have…
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Mortgage running out and living abroad. HELP!
Right, I'll try to explain the situation as well as I can. 2 years ago I bought an ex council house, with a 100% mortgage which runs out in a couple of months. My husband bought another house and we both moved to the other property, then my parents moved into my house. A few months ago, my husband was presented with a very…
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FSA to tighten mortgages? (85-90% LTV max)
http://news.hotproperty.co.uk/FSA_to_Tighten_Mortgage_Lending_Rules_2009022709391349.html Buyers should have always needed a deposit imo. Wonder if they will actually follow this through? Sounds like 90% LTV could become the maximum mortgage. What do you think a good or bad move?
