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Right Time To Fix?
Hello there We are just looking at remortgaging, currently 6.1% fixed for 38 more months, ~£7K redemption (with N Rock - do I own my mortgage then?!) and using the switch calculator a fixed rate of under ~4.15% means its worth it. We've had the following suggested from an IFA: 2 year fixed rate -3.65% with a £995 fee. 3…
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valuation came back today question ?
hi all Im buying a new build and we got the valuation report through today for it it says its valued at 215,000 which is what we are paying for it does this seem right ? or should we be paying less ? were supposed to be exchanging this friday and jst want to get everything clear before we go in and sign the paperwork…
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Countrywide
Is there any reason why my mortgage broker (countrywide) wouldn't be able to offer me the same mortgage deals as quoted on the natwest website. The deal in question is the 90% LTV for FTB over 5 years at 5.99%
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C&G fixed rate ending but only offer SVMR
Hi All, Can any one advise me or at least clarify? My Fixed rate IO with C&G is ending very soon and C&G will not offer me anything other than SVMR. The girl on the phone informed me this is due to my equity now being worth less so I am into them for 127% of the value. And it's index linked. ?!!! I pointed out that this is…
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Choice of mortgage
Hi, My wife and I are looking at buying a house and will require a mortgage. We are lucky enough to have a 20% deposit for the property we like, and can afford payments of up to about £1500pcm, while still allowing for saving about £1500pcm for holidays, house improvements, etc. We'd be interested in making overpayments to…
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Overpay of fix?
I’ve just come off my fixed rate with nationwide and gone on there svr (2.5%). House is worth £190,000 - £200,000 and I owe £140,000 I could probably afford to overpay buy around £400 a month now with the reduction in our mortgage bill till the end of the year but am wondering if it’s worth it if say interest rates shoot…
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standard life endowment
should I surrender /sell my policy . Start date 1991 maturity date 2016 Value at 1/2/09 £5,703.85 mimimum pay out on maturity £8,011.59 Premium £21.28 permonth current mortgage interest rate 0.68% . This policy will never pay the mortgage ,but it could take a bit off it .
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Remortaging due to nationalisation
Help, urgently need advice on remortgaging. We have a mortage with Bradford and Bingley, fixed rate of 5.69 until end of this year. Currently only had mortgage for 18 months. Through no fault of our own we are being encouraged by B & B to remortgage however as we have only been paying the mortgage a short time we would…
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Help please
Hi Folks, Just a quick...What would you do??? Our mortgage with Halifax will resort to their standard variable rate at the end of June.(Sorry.I am not sure what this is)...Edited..Just had a look its 3% I think. We can either...stay with this...or go to a new tracker rate fixed for 5 years at 2.79% above the base rate or…
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Timing personal loan with mortgage offer
Hi I have a mortgage offer in hand and am hoping to get the purchase completed within the next month or so. I had to borrow some money from friends to get the deposit available for the lender to see it. However, I would prefer to return that and use a personal loan to settle the deposit amount. Question is : Is there a…
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Equity release question
Hi There, First time posting so I hope i'm in the right area!! My grandparents took a loan out in 1992 for 25,000 which was like a equity release scheme. My grandparents have since died and the property is now for sale. However the original loan of 25k has now to be paid with interest which now totals over 70k!! Is there a…
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Dumb question alert!
Now I know this is a dumb one, but I cant shake it so while I know the answer is no, can someone confirm this please? My mortgage, its with A&L and in line with the terms of my mortgage, I have now gone onto a life tracker of 0.99% after my fixed ended in Feb. all this rebranding stuff from santandar has me worried it…
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3 months left on fixed term deal, with arrears.
my 2 year fixed term deal is coming to an end with First National. I lost my job and missed a few repayments leaving me with around £5k of arrears.(now back in employment)will i be able to change lenders with these arrears and if so who would accept me? help is needed as my current mortgage repayments are £776 a month for…
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Additional borrowing
Hi, our mortgage is currently 93k, house is worth about 185k, we need a new kitchen & bathroom and would like to borrow £20k or add it on mortgage so we can do that. We are fixed in with halifax until December. Wonder if anyone knows the best way to do it? Thanks for any advice.
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Mortgage with defaulted on file?
Hi, I'm a first time buyer and looking to get a mortgage for our first house. My partner defaulted on a credit card a few years back, would that prevent us from getting a mortgage? Also, would getting a guarantor mortgage make it more likely a mortgage application would be approved? Or am i out of luck and need to wait…
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Change mortgage to interest only to pay off credit cards?
Hi there, my fixed rate mortgage with Halifax (5.99%) is due to end at the end of September 2009, and it will switch to SVR. I've got between 60-75% LTV in my property, and a mortgage of £146k. I also have credit cards amounting to a whopping amount, over £10k (I know, I know it's very bad of me... profit share didn't come…
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mortgage HELP needed
Hi wondered if anyone could help, currently have mortgage with capstone mortgage services, none of the high street lenders will offer mortgage to to previous bad credit ratings, although i have always been regular with my mortgage for the past 2 years, when searching for deals all seem to be very high with extortinate fees…
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Can I pay my mortgage using a credit card?
Hi all, Whilst waiting for my First Direct offset mortgage to go through I am currently researching which 0% credit card I should apply for so I can keep my funds offset for as long as possible. I have narrowed it down to the Tesco CC and the FD CC both of which have 12 months 0% on all new purchases. My mortgage is setup…
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mortgage advise.looking for a good deal?
ok heres some info . i want a mortgage of aprox £70,000 and can and can add 60.000 of my own money to buy a house of £130,000 ofcause aprox. any one know of a good mortgage deal ? is it to early to only consider fixed rate aswell ?
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letting a house without buy to let mortgage
hi everyone. i have had a mortgage for a year and a half. after a change of relationship situation i am sick of living in my quiet suburb and want to be in the center and have things to do etc. i dont have a buy to let mortgage - is there anything to stop me renting out the house and moving somewhere else for a bit? thanks
