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Should we do it?
Im after some opinions please, I know the bottom line is that we need to make the decision together, but I would really appreciate some other points of view. Im married, have three children and are shoehorned into a tiny three bed semi. I'd like to move, but daunted by the prospect of moving and taking on a bigger…
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Required :- company that offers small mortgages for £27,500
Required :- company that offers small mortgages for £27,500 . Help , i'm looking at buying a flat as a investment , but the problem is , the flat is only 34,999 , i have 7500 deposit , so i need to borrow 27500, but i dont seem to be able to find a company that will lend online , does anyone know of a company that…
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Mortgage Question - First Payment
Hi, We have just applied for a mortgage and by the sounds of it we are looking at 6 - 8 weeks. We are first time buyers so this is our first morgage. The question I have is that on the application we put our monthly payment date to be the 1st. Now if it takes 8 weeks this would take us into the middle of September and we…
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Mortgage providers for shared ownership?
Hi all, I've got a meeting with my FSA on Monday as my 2 year Halifax Fixed Rate on 6.14% is ending in September. I was excited about saving about £100 by going to the variable rate of 3.5% but my FSA mentioned fixed rate deals starting at 3.99%. I think they're probably the stepped ones that go up after each year but…
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Advice for a pleb
I'm a complete novice when it comes to mortgages, so I'd be grateful for any advice on my situation. My partner and I live in a property which we own outright (inherited from grandparents). It's worth around £160,000. On the spur of the moment, we have decided to move to another part of the country. We have seen a house…
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Nationwide/Countrywide undervaluing in survey
Hi Am wondering if anyone has experience of this or can help? We have an existing mortgage with Nationwide and are moving house. We have found a new house we have put an offer on but the Nationwide valuation survey has come back and valued in £65 below the asking price (£40k below what we were prepared to pay for it). The…
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pay off debts by increasing mortgage????
Hi, please help! after 4 years at uni I now have around 10,000 worth of debt currently on various credit cards. As i have a small mortgage (around 40% of the value of my property) i am considering paying off the debt by increasing my mortgage. Is this the best way to go about things? i'm relatively clueless when it comes…
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Any first time buyer schemes out there still in existance?
Earn reasonable wages...around 35k....and need to move out asap.....like in next 6-12 months.....when i will be debt free but have no deposit....
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Lender allows existing borrowers to approach for new product 120 days before expiry..
... of the old one. My current lender (Accord) allows applications from existing borrowers 4 months before their current product tie-in expires. Can anyone tell me why I would do this? Is there anything to be gained, looking at it from my viewpoint? For the sake of argument, if I believe rates might rise around the end of…
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should i switch mortgage ?
hi all i have had a mortgage for just over 12mths of a 5 yr fixed rate deal with nationwide at 5.63% with a 3k early repayment fee during the 5yr period with the mortgage variable rate now being much lower would it be worth me look to change my mortgage and what are some of the best variable rates at the moment ?
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Black Magic Mortgage Interest Calculations?!
Hi All, I'm looking for a little advice on my annual mortgage statement that's just come in. My bank look as if they have not started my fixed rate deal as agreed, and in fact started it 2 months late. On the statement there are various interest 'adjustments' that have been made which look to have reduced the product fee.…
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Property inheritance and joint mortgages
Hi, first post from me. Looking for some advice (obviously lol) Not at this stage and hope not to be, but following heated discussions I'd like to know where I stand! My now husband inherited a property in 2005, we took a joint mortgage of £117k to renovate and pay off all debts. We have since married, I have a 17 year old…
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Salary Multiples
I am interested in a HBSC for a 5yr fixed mortgage. I have found the desired rate of 5.39% with no fees or valuation costs and I would be looking to borrow at an ltv of 75%. I would like to know if anybody knows what sort of salary multiples HSBC use. I am able to borrow around 112k from a number of banks based on there…
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Mortgage fees for additional borrowing.
Hi, I switched my mortgage to HSBC in Jan09 and there was a booking fee of £999. I now wish to borrow more money against the value of my property my LTV is under 60% still so I get the best rate 2.24% above the bank of england rate but they want to charge me another £999 booking fee (which can be added on to the mortgage).…
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95% LTV Mortgages
Hi, I was wndering if i could get some advice. I am in the process of selling my house and due to the slump in the property market we are selling for what we paid in 2006 therefore we have no deposit for a new house apart from savings. Therefore we cannot put down more than a 5% deposit on a £150,000 house. Both my wife…
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Endowment missold
My mum and dad were sold an endowment policy by an IFA in 1991 in connection with a house purchase. This is due to mature in 2016, four months before my dad's 70th birthday and four months before my mum's 69th birthday. The premium is quite high, over £100 a month and I think they were missold it. . Needless to say the…
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house value
Could someone please answer me a question? We are just about to swap our mortgage to a fixed rate. Have just been told that they have only valued our house at £110,000. Thats rubbish we have just had a loft conversion so its now a three bedroom house. What i'd like to know is when they value a property do they value it at…
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Advice Re Endowment Misselling
Hello Can anybody give me some advice on whether I was mis sold an endowment policy? I went to see a financial advisor back in August 1999 the financial advisor, I have just found out, was directly connected to Standard Life. At the time I was 27 single and still living with my parents. I wanted advice re saving £50 per…
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Help Needed - Relationship Breakdown - Mortgage & Contents Advice Please
[SIZE=+0]My ex-partner & I have lived together in a jointly owned (50% each) mortgaged property for the passed 2 years 3 Months. The relationship has broken down and I will be (sadly) leaving my home, due to my partner earning more money than me and being able to cope financially better and remaining in the home. [/SIZE]…
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Mortgage offer issued
Hi just heard from the bank that a mortgage offer has been issued to myself and my solicitor, what happens next and what does this mean exactly?
