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What's Happened to the Yorkshire BS Cheaper Fixes ?
We're coming to the end of a Discount Deal with A&L of -2.5% off their SVR (cheaper due to my Premier Bank Account) and are looking around for a new deal. Basing it on £104K and looking to perhaps shave 1 year off our remaining 18 years, so taking it over 17 years. Also basing it on the cost of the repayments plus any…
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Bank Woes Ensure Interest Rate Will Stay Low
14:57 13May09 BOE WATCH: Bank Woes Ensure Interest Rate Will Stay Low LONDON --The Bank of England Wednesday indicated that its key interest rate is likely to stay on hold for much of next year, and that there remains room to further increase its bond-buying program. In recent weeks, a number of surveys have suggested that…
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A&L Mortgage rates
After watching the A&L rates online for a few days while i was deciding on what to do with my mortgage, i phoned A&L to discuss a deal i had seen on their site, i was surprised to learn they had even better rates that weren't advertised when you phone. So thought i would post it up on here in case anyone else was doing the…
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a quick paying the fee up front (or not) question.
Hia, A&L have told me it's best to add the fee onto the mortgage as it makes no diference to my rates, last time I paid it up front instead. I'm thinking it's best to pay it up front, they have said that it makes no diference because if I pay it up front they don't recalculate the fact that I've paid it until the end of my…
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Norther Rock - Claim on Mortgage
Hiya, Wondered if anyone could shed any light on this. I have a Nothern Rock together mortgage. I heard there may be something wrong with this mortgage.....the loan part may be unlawful. I have a 95 morgage with a 5% loan to make up a 100% mortgage. I have seen a solicitor and they have gone to NR requesting all the…
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Want to remortgage
Hi, We bought our house four years ago with the help of the housing association. This was before the government stepped in and helped! They gave us 25% to buy a property on the open market and we bought a small 2 bedroom house. Our mortgage is currently £100k approx. We remortgaged two years ago and it took 6 months to…
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First time buyers & time running out please help !!!!
Please could someone please advise us on the next step ? We have had an agreement in principle and have had an offer accepted on the property we really want ! we have sat down with our advisor who have given us all the options ! we recently sawa a natwest first time buyers exclusive deal which was great so we applied after…
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Porting a mortgage
More questions hope you dont mind. We havent been successful in speaking to Halifax today or yesterday. I just want some clarification really. We were going to port our mortgage from our current home to a new home. But it looks more and more likely that we wont be able to buy this home and instead are opting for a new…
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First Direct Fixed Rate 2.99% 2 Year - Good Idea?
We are currently on First Direct's variable rate 3.69% and have a mortgage of £125k that is for 28 years on a house worth £200k. I am thinking of jumping onto their 2.99% 2 year fixed rate that has a fee of £599, the admin change is waived as we are already with them. Am on a fixed income with three dependants so would not…
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A & L - advice please
Hi, My fixed rate mortgage deal ends on 31 Aug, currently 5.79% with alliance and Leicester. Been with them for 3 years. Their current SVR is 4.99. Owe about £155000. I called them and advise there are ONLY 2 products available to me (both fixed) as the LTV is high (about 80%). They told me they use halifax valuing system…
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Waiting game?
mortgage application was submitted yesterday and its just a case of waiting now, but how long is normal to wait for acceptance? also gf checked credit rating and her score showed as fair but was 20 points off good. only things blotting account was two missed credit card payments from over 3 years ago and 2 late catalogue…
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Can anyone help, RE mortgage
Hi, I have recently purchased a second property, and the halifax has re mortgaged my main house that i live in to buy my second property, i am wanting to know if at any point if i wanted to sell the main house that i live in and still wanted to keep the secound house going, can i sell my main house? or would they require…
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Help and advise regarding endowments
My mum and dad took out an endowment mortgage, it hasnt been hitting the targets for a few years so about 4 years ago they took out a repayment mortgage but continue to pay the endowment. They were told the endowment was the best option, they would have enough money to pay mortgage plus a substantial amount left…
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HSBC fixed rate. Redundancy coming. Any experiences ?
Hi guys. Unfortunatelt Im to be made redundant imminently. Im 1 year into a 5 year fixed with HSBC. (Im fairly young and mortgage is around 50K) Contacted them in effort to be proactive and see what flexibility they may be able to offer in the immediate future (swittch to interest only?) - they chose to try pushing…
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Northern Rock Borrow Back thoughts please
Hi all, in the process of buying sister's half of inherited property worth 300k and my broker is recommending the NR mortgage as I will also have sum lump savings to offset (by paying into mortgage and borrowing back at a later date). My main query is that my broker is recommending borrowing the full 65% of properties…
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Endowment payout shortfalls
Can anything be done about the disgusting settlements being paid at the moment on maturing endowment? In my case it paying out substantially less than paid in!
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Northern Rock - will they let me increase my mortgage?
Hi all, Have been toying with the idea of moving for a while, and had a valuation done today which is better than I expected :) I have seen a number of properties which I like the look of which would need me to increase my mortgage by about £8000 + fees. My current mortgage with NR is 2 years into a 5 year fixed rate with…
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Help me please !!! :)
Firstly i went to our mortgage advisor to apply for a mortgage with my girlfriend we have a combined wages of £31,000 per year. Our property was valued @ £127,500 and initally when we went to our broker who applied through Halifax our pre applicaiton went through with no problems and they said all they would need is our ID…
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People here say FIX, my advisor says different?
Heyaz... First time buyer here, gave my mortgage advisor a call today (all of market advisor), and from what he was saying he would be recommending that I go onto a tracker rate just now instead of fixing. The deal he mentioned is a tracker from Lloyds, which was something like 3.15% just now, but it would let me jump…
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Experiences Connect - EMC - Endowment Miss-selling Claim
Hi All I received a call this evening from a company called Experiences Connect Ltd (also known as EMC). They are trying to persuade me to let them claim for endowment miss-selling on my behalf which is very tempting I have to admit. They say that they do this on a no win no fee basis and the charge %40.25 on any…
