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Point me in the direction of a good mortgage calculator?
Title says it all really, we're saving for a deposit but could do with an idea of what kind of costs to expect from the actual mortgage so we know what price property we're realistically aiming for on our salaries. Thanks
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Changing the name on my mortgage - help please!
Hi I currently live in a flat which was generously purchased by my mum and dad whilst I was at university, I am now in full time employment and pay the mortgage directly to the mortgage company every month and my parents no longer have anything to do with it. How would I go about getting the flat transferred over to my…
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first time buyer advice
Hi All I’m looking for a bit of advice regarding a mortgage. Im currently renting from my local council and thanks to falling house prices I may finally be in a position to take the first step. My question is I am quite a low earner at £19000 per year, so im looking to purchase a house at around £50,000 which needs work…
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Any Advice would be gratefully received
Im currently fixed to a 4.99 deal until Jan 2010, I owe about 56k and the house is worth around 100k currently paying back £394.00. My bank has just offered me a deal to fix again early to the same deal but for 5yrs with no early repayment charge, waiving the £995 product deal and no legal, valuations fee! Does this sound…
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Need a mortgage - advice please?
Hi. First time on here. My OH & I will have paid off our current endowment mortgage this summer, after 25 years. We are about to relocate - our "escape to the country" - and are having problems attracting buyers in this sluggish market. I am semi retired and my OH has a steady job. With my pension and his salary, we bring…
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Mortgage Payment Break- Advice sought please!
We own our home and it is on a fixed rate mortgage until Feb 2011. We have owned the house since Feb 2006 and always made our payments. My husband changed jobs back in January and I will be changing jobs in August. We need to move 150 miles and relocate. We've been trying to sell our house since December, but with no luck…
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Nationwide fixed rate gone UP
My 2yr rate of 6.4% is finishing in august. Todays rate is 7.1% assuming 95% borrowing & no reservation fee. Even with a reservation fee of £995, the rate is 6.58%. The variable rate is 3.99%. The fixed rate seems really high compared to variable. Is this indended to put us off fixed deals? Cos if so, its worked. I'm…
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best 5 year and 10 year fixed
For my mum, giving her some options. She has 75% LTV and is with Natwest. They (from their website) can offer her 5 year at 4.69 £199 product fee and 10 year 4.89 £99 product fee. Anything out there better and worth the move or just best picking from the 2? I was going to suggest to her sticking on SVR for a bit, but she…
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overpay mortgage or put money in savings?
Hello Can anyone let me know how I work out which is best? My mortgage is fixed 5.34 % and can be overpaid by up to £450 per month. I also have an isa which is 3.5% i think.. thanks!
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Really Silly Question
Ok this might seem like a really silly question so please go easy on me. Also was not sure of the best forum to post this, mortgages or mortgage free wannabe. I know how a repayment mortgage works in principle, you pay the interest on the loan value plus an amount of repayment. So lets say you borrow 100k at 5%, over the…
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remortgages
Hi I've just been offered a ten year fixed interest repayment remortgage at 5.39%. Is that a good deal and should I accept it? :cool:
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Endowment Life cover
Anybody know aout Endowment life cover. When we got our endowment policy out 10 years ago it had a life insurance attached to it. I paid off the motrgage six years ago does this also termnate the life cover or is it still in operation for the full original term of the mortgage which was for 25 years. Do they take their…
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Northern Rock - Changes to borrow back
With a baby due in August I have been using any extra money to make additional payments on my Northern Rock mortgage. I phoned twice in the last few months to check that I could get my money back out again if I needed to and was told this wasnt a problem and I just had to phone and they would return it. Am now at a point…
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'transfer of equity'
Hi All, Myself and my ex partner have come to an amicable agreement for me to buy her out of a property we jointly own together with a joint mortgage. I have since re-married and she is engaged to her new boyfriend. The money will help her starting a new life and provide a home for myself and my wife. We bought originally…
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Selling an Endowment
Hi, can any one offer any advice on selling your endowment - i have heard that some companies will buy it off you - is this correct ?
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Ex Not Paying Morgage
Posting this on behalf of a friend. Hopefully you lovely people can help her out? My Friend got a morgage with her then boyfriend, Few months leter they split up. She Moved out and he continues to live there with his new Gf. When she moved out he said he wanted to continue living there and he'd continue paying the morgage.…
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Wife on DMP looking for advice and Mortage brokers in Aylesbury/Wycombe
Hello, I've been lurking on this forum for a long time but only just registered...perhaps I should be more active. I've learnt a lot from these forums. Anyway. My wife and I are wanting to buy a house so we are looking for a mortgage broker in the Aylesbury/Wycombe area. Does anyone know of a whole market free broker? We…
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First Mortgage – Question about stated ‘monthly payments’
Hi all, My wife and I are currently going through the process of buying our first home and have been offered a mortgage from the Post Office. Reading through the documentation, we have a question about the monthly repayments. The documentation states that we will have (these are approx figures) : 60 x £850.00 payments 240…
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Seeing a mortgage advisor at Natwest on Saturday!
Well weve finally booked an appointment to see a mortgage advisor at the Natwest. Were just gonna see how much they would lend us on our current status. They said we need to take payslips/P60. Is there anything else we need? Feeling excited but have a gut feeling well be walking out feeling depressed due to the state of…
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Trying to get a mortgage with a DMP
Can anyone advise me where i could geta mortgage with a DMP ? i have been in the plan for nearly 2 years and everything is being paid on time. My husband has a good credit history and we'd like to have a mortgage together. will anyone look at us though because of my history? any advise would be good.
