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one accounts
I have been considering moving my mortgage etc to a 'one account'. Does anybody have any experience of this type of account and any advice on the risks and benefits??
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Help on Fixed Rates Please
Hello All, Just looking to remortgage, now that my old fixed rate is up and a thought crossed my mind: - With interest rates at what must be an all time low, why would you not want to take a fixed rate mortgage for 3-5 years. Ok there may be some cheaper discount rates available right now, but I would "guess" by the time…
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Is there any hope?
Hello everyone, My partner and I have around 6 grand to put down as a deposit on a house and was wondering if anyone knew of any banks or institutions that are still lending 95% ltv mortgages as we are just so, so fed up of saving. At this rate we will be saving for the next ten years to get on the property ladder. Anyone…
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2 Mortgage in Principles, and complaints
Hi all, Myself and my girlfriend recently received an offer in principle from HSBC for their 5.99% 90% LTV 2 year-fixed rate mortgage. However NatWest now have the same deal but for 5 years which we'd prefer. I'm wondering if by having the mortgage in principle with HSBC means that we now can't go with NatWest, and if we…
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Applied for a Mortgage
One of the questions was whether I had had a CCJ, (not ever had one) or any defaults and something else can't remember now. I mentioned to the adviser that I may have had a default with some bills such as water, gas and perhaps a catalogue - I know I couldnt pay my overdraft once and it was turned into a managed loan now…
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Is this a normal deal for 2nd mortgage?
Hi, We currently have a mortgage of £130k remaining on our current flat - 2 years remaining with tracker rate +1.8% above BLR. Offer has been accepted to buy a 2nd house at £320k. We are looking to get a new mortgage for £240k (75% LTV) We would like to sell our current place soon, but this does not need to be done…
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Tracker deal ending, what next?
My tracker deal ends in in November, the rate is currently 2.13% (I'm making overpayments, so I know I can afford more). I don't know what to do because I'm looking at the benefits and disadvantages going on the standard rate or fixed. With standard - no fee. Fixed - a fee of about £1K every 2-3 years (that's alot when you…
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End of fixed rate, have booked a new deal, good or bad decision?
Hi All My fixed deal comes to an end at end of Nov and have been looking for a better deal, currently on 6.24% owing £119k on 17 years. Had thought about SVR (HFX @3.5%) for a while and overpay or taking fixed out over a shorter term, but discounted the latter when advised, from here, that might lead to a serious hike if…
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A technical interest question
Are mortgage providers supposed to quote the interest rate as the AER or are they supposed/allowed to quote the rate convertible monthly? Natwest for example appear to quote the rate convertible monthly but Halifax appear to give the AER, although everyone just refers to 'the interest rate'.
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Endowments behaviour
Hi all, come November we should have a large chunk of our mortgage paid for with this 25 year old endowment with Zurich (was Allied Dumbar at the time). Last June we received some bad news concerning tis investment as everyone here would have experienced. Now that Footsie is looking healthier this cash amount is surely due…
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Mortgage - advice please
Hi - we're first time buyers buying a flat through a developer's shared equity scheme. 2 weeks ago all the paperwork came through, missives, written mortgage offer etc but both had our names spelled incorrectly. The mortgage broker had spelled our name incorrectly despite having all our IDs, payslips, bank stsements etc,…
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In a rut....need advice
Hi all, im new to this forum. Need advice if possible. Long story short-a failed relationship left me with a house/mortgage. Lived there for a while then moved out into a new rented place with new partner. Ive kept the house and continue to pay mortgage until it sells. Now heres the tricky bit.......just after I moved out…
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Re: Should I ask?...Plse Help :(
Hi there. In 2001 i was declared bankrupt at quite a young age - no excuses required however years one I like to think i have learnt my lesson. Last year after much begging i agreed to buy a house with my partner, i was always honest from the start and after advice it became apparent i hadn't a chance to be named on the…
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Two mortgages or combine into one?
Hi There I'm new on here We are thinking about moving house, we currently have a fixed rate in my name only which ends in Dec 09. We would like to get a bigger property my question is this - would we be better off keeping my mortgage which ends in 14 years and then my husband getting out the additional mortgage we need for…
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Unsettled CCJs can I get mortgage
This is my first post so I hope it's in the right place. Basically just wanted some advise about unsettled CCJs. I believe I have several unsettled CCJ's too scared to look at my credit file. I gained these over 7 years ago and have not heard from the creditors for years now. I think the CCJs may total aroung £15-16k (HP…
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Deciding on a mortgage.
Hello , I'm struggling to decide between two mortgages with Abbey. 2 yr fix at 4.09% = £540 ish per month 3 yr fix at 4.78 = £580 ish per month We are borrowing £100k on a £150k house and our monthly income combined is approx £3,200k but we are in our early 30s and may have children (we don't at present). My income is…
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Buy to let mortgage
Hi, Does anyone have any experience of buy to let mortgages? I am wanting to raise some money to help build a house, I own a flat in Newcastle which is valued at atleast 73K, considerably less than 2 years ago, so we would like to keep hold of it for a few years more. the flat is rented out and is grossing 425/month. I…
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endowment - what to do?
Hi all I have 8 years left on my endowment, it is not doing well, what should I do - leave til matruity, sell it or surrender it?
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Unemployed: can I re-mortgage?
Need some advice please... Currently with Direct Line on their "Flexible Mortgage" (svr of 3.63%) that I've had since 2001. It has (finally) dawned on me that I'm paying a lot here, and I should re-mortgage. Problem is that I'm unemployed (though in training), and just about making mortgage payments. What's my best option…
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Are we better to change from the Virgin one account?
Hi We currently have our mortage / bank account with Virgin (One account). We have approx 7 years left to run on it, but we have got behind with the payments (amount left in the account). We owe (including the arrears) £73,000 and the house is valued at £250,000. Interst rate is currently 3.65%. Would it be beneficial to…
