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should I try a broker
If my lender refuses a mortgage application its currently with underwriters would it be worth considering trying a broker
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How do I remove my ex from my mortgage?
Hi there, As usual, a complicated one: I have a joint mortgage with my ex (with whom I have two children) on a house we now rent out. We got the mortgage based on our joint income using a deposit raised from selling my flat and a loan I took out and have been repaying solely. He paid very little, when any, of the mortgage…
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Agreement in principle from RBS
RBS have agree to a mortgage of £119k, so a maximum purchase price of about £130k (i forget the precise figure :o ) and we are now looking for a house, but I'm really concerned they may turn around & say no - is this common after receiving an agreement in principle? We passed affordability & credit check, but my o/h only…
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Endowment on divorce
My STBex and I have a 25 year endowment since Oct 1993 with Friends Provident. It costs £56 per month with a life assurance of £42000. The surrender figure is just under £12k. I will be buying STBex out and have seperate life cover which will cover this new mortgage (£108k). So wtd - surrender or sell??? If its to be sold…
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Buying a 2nd property
I wonder if anyone can offer any advice or help me clarify my thinking. I bought a 1 bed flat in 2002, it's now worth around £80k and I have around £20k left on the mortgage. I have a flexible mortgage so over the past 2 and a half years I have been gradually increasing the monthly payments and I know pay around 3 times…
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After paying off our mortgage and applying again,what are we now?
Hi Can anyone advise please, I am a little confused after selling our house and having paid off our mortgage (whilst renting the house we are going to buy), we are now looking for a new mortgage. Does this make us a first time buyer or something else? Also anyone know of any good 5 or 10 year fixed rates around please…
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First mortgage payment with Chelsea BS
Hi can anyone help, I have had my mortgage offer through and are going through contracts at the moment with solicitor from my sellers, I am a FTB and am wondering when the best time of month is to complete and when first payment will be!? We are aiming for end of october and have requested our payment dates to be 28th of…
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First mortgage payment with Chelsea BS
Hi, Can anyone help!? I have had a mortgage offer with Chelsea and we are currently reviewing the contracts from our sellers, we are aiming to exchange mid to end october but I am wondering when is the best time and how do they work out when your first payment will be due? Thanks ahead
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Breach of Contract and squatters rights
Breach of Contract and squatters rights
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Equity Release
Hi all, I'm not sure if this is the correct forum to post to, so please bare with me (and my apologies if it isn't!) My mum and dad have been looking into maybe using equity release to consolidate all their debts.. They have a few concerns about it though. Is there anywhere I can get good information about equity release?…
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Switching Mortgage Deals - worthwhile even with penealties?
As a mortgage newby, I panicked last year and took out a fixed interest only mortgage at 5.53% interest (on £165,000), to then see interest rates drop substantially. My current deal has 22 months left to run, and the penalty for leaving this loan at this time would be £3079. However, I have just found out that I would…
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Online mortgage comparison sites - Credit history
Does using online mortgage comparison sites (the ones where you have to enter your details and how much you want to borrow etc....) show up on your credit score?
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The Changing Face of Home Buy Direct
This may please those that hate the scheme. Launched as a way to get FTB on the "ladder" by offering a 30% deposit loan. Therefore helping those that could afford the mortgage repayments but not raise sufficient amounts to cover the deposit banks would want in the current climate. Halifax and RBS led the way on this scheme…
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Release equity for another mortgage?
Can anyone answer my question? Basically we currently have a mortgage on a property but we have seen a house going to auction at the end of the month that is amazing! Our house isn't in on the market yet..............problem! I know at auction you need 10% on the day and the rest with 28 days (which we don't have). What…
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Endowmwnt Projections
Does anyone know how to get a projection on their endowment (one of the 4%, 5.5% or 8% figures) based on the "Minimum Guaranteed Amount"? I have a with profits Friends Provident endowment which the current MGA is approx £36k, the surrender value is approx £18k & the lowest projection (4%) is about £50 more than the current…
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Is Capital Returns Kosher?
I received a 'phone call last night from a company caled Capital Returns who told me I was owed some £8000 from a missold mortgage some years back. They require an up-front fee of £95 and some other short term charges. Is this normal, and can anyone tell me if this is worth pursuing or whether I being duped?
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Compassionate Mortgage Company
I have been working hard to clear off my Experian credit file and it is getting to a much better stage than it was previously. The only problem I have on it now is a default from 3+ years ago, which I am currently working to get removed, but with no success so far. Does anyone know of any mortgage companies that only use…
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15% deposit Previous credit problems
Hiya, I'm looking for some advice for my younger brother, he currently earns £24000 a year and has a 15% deposit to ut down on a house. He had some previous problems with couple of credit cards 2 years ago ad has now settled the one. Can anyone advice me on a mortgage company that might be able to help him Thanks
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Mortgages for first time buyers
Hello everyone, first time poster here. I need a bit of advice regarding mortgages for first time buyers. I'm looking to buy a 2 bed terrace house in the suburbs of Manchester. The house i'm interested in is on the market at £140k. I have a deposit saved of 20% and want to know if anyone knows of any decent mortgage deals…
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halifax valuatio
Hi Does anyone know how long halifax take to send the valuer I paid my fee last thursday and the seller has still not heard anything, also does anyone know if further credit checks are carried out before I get mortgage offer as they have searched experian and call credit (3 searches on call credit file) the searches have…
