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Offsets/Current Acc mortgages - difference?
Hi there just wondered if someone who had more technical knowledge than me could advise on difference and any benefits in either a current account mortgage (all debt/savings in one pot) or the offset where I would have a mortgage with savings accounts alongside. I can't see the difference myself other than might save a few…
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Why oh Why Can't I get a Mortgage ???
Here is an interesting one, ........ I currently live in a property recently valued at circa 300k. Current outstanding mortgage 215k, although this is more than 100% offset by money. I have recently been informed by my current lender C & G that my mortgage is not portable, although the rate is. (0.95% over base :j) My…
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Bradford & Bingley nightmare
Back in the 80's I was married to a man who had had a car accident and was black listed due to his hospitalisation. He received compensation for the accident and we bought a bungalow. Because of his black listing the mortgage was in my name. At this point I will say that I wasn't working & didn't have the funds to pay the…
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swap old house for new build?
Hello just wondering if anyone could help advise us? We have a 1930's semi that we have had a multitude of problems with and now have outgrown due to new baby, we have been talking about taking one of these offers where you buy a new build and they buy your house off you (in a round about way). Has anyone else done this?…
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Is there a specialist search server for websites like rightmove or propertyfinder?
There are several websites like rightmove.co.uk, https://www.primelocation.com, https://www.propertydatabaseuk.co.uk, https://www.propertyfinder.com etc. I wonder is there a specialist search engine like skyscanner for travel websites or google news for news ones etc. Thank you.
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Employer refuses to provide end date of maternity leave to lender
Hello, We are in the process of getting sorting out our mortgage. I am currently on maternity leave and lenders require the letter from employer with salaries and expected date of return to employment. My employer doesn't want to put the date in the letter. I understand that an employer MUST assume that 1 year is taken…
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Let to Buy - secured on which property?
If I go for a let to buy mortgage (taken on my current property's rental value, and using the let to buy money to buy a new one). Which property is the Let to buy secured on? Any ideas????
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Complaint against Lender
I am currently going through a complaints process with my lender and sitting here waiting for the weekend to pass is killing me so I thought I'd get your opinions. I am in the process of house selling/buying and were hoping to set an exchange date this week only to learn that our lender has withdrawn our mortgage. Their…
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Secured Loan
HI there, I am new to this site and was looking for some advice or help if possible?? We have a Mortgage of £100K, and a secured loan of £15K on the house. Are Mortgage deal has just come out of the fixed rate, so we can move. However this is my problem. The house is now worth around £130K, so because we dont not have 85%…
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Does having a savings account with the lender help mortgage application?
Hi all, I am 22 and currently saving with the aim of getting a house with my girlfriend in the future. Currently I have an ISA with Nationwide, but the intrest rate is a paltry 0.5%. I am considering moving it to another bank where I can get better interest rates, however I am told that in years gone by, lenders looked…
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Endowment - sell,freeze or run term
I'm (hopefully) going to a full capital repayment offset mortgage to overide the probable shortfall on my endowment mortgage. The details are as follows Endowment with profits £52k - 7 years to run. Option 1) Surrender value £16838 2) Freeze (or stop premiums) and leave to mature £13760 + bonus £4792 3) Pay up £81pm x 7…
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First Time Buyer 100%?
Has anyone seen a 100% FTB mortgage recently? I've found a property I love but need my savings that were to be a deposit to modernise. Alternatively does anyone know of another means of financing renovations other than unsecured loans? Rachael
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Complaint against Mortgage advisor?
Hi I am looking for some advice if my complaint is valid against my mortgage advisor? We feel we are in a good financial state in our life’s to expand our investments into property and a buy-to-let. A property was brought to our attention in our village that required some minor modernisation works i.e new kitchen,…
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Solicitors - Conveyancing
Hi, All! :j FTB here, mortgage offer in proposal and a property lined up. About to put in an offer in the next few days. However i've yet to contact a solicitor, when should i be doing this next step? It's a repo so the completion date is 28 days after the acceptance offer. What are peoples opinions of the online…
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Christmas over Mortgage
I work in a customer contact center for one of the mortgage lenders and I am soo surprised at some people...People are coming to us saying they will be struggling to make payments in December because of christmas. Shouldn't they have been budgeting for this? Is christmas more important than keeping a roof over their head?…
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Joint Mortgage and splitting up
Hi My ex-girlfriend and I purchased a house last October with a joint mortgage. I put £40k in, she put £35k in. She left me in July and the mortgage is £628 per month. She pays just £125 per month towards the house. I can't sell until October 2010 as there is a £15k mortgage penalty. Does she legally have to pay half the…
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is the realistic
Hi all The bad bit a quick run down, about 5 yrs ago we got into difficulty and had to enter into a debt management plan with the CCCS we did this before missing any payments etc but had to do it as was getting deeper and deeper in debt. during this time i picked up 1 CCJ despite every effort to avoid it and also a few…
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Mortgage Help - Fixed Rate Ended
Hi, I am hoping that you can help me as I have just had a frankly useless call with my bank and have no clue what my options are. We got a morgage with HSBC 3 years ago in August. We fixed the rate for 3 years and were also on interest free for 3 years. At that time we were paying around £400 per month and now we are…
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remortgage help
Hi, My wife told me the devestating news she wants to leave me after 7 years of marraige. To say I am heartbroken is an understatment and did not see this coming at all. Her reason is her feelings have changed towards me and that's it over simple as that but wants to stay friends. She has had months to think about it while…
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re-mortgage
wot will it cost me in terms of fees to pull out of a 3 year fixed deal 2 years in,can i go with another lender?:confused:
