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Offset Mortgage or Simply Pay Off?
I have a fixed rate mortage £70,000 with bank Natwest currently. The fixed term is ending in May. I've also managed to get saving £70,000 recently. I wonder whether it is a good idea to pay off the mortage, or just take an offset mortage with Natwest again? To take the offset mortgage, I may have to pay arrangement fee…
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Are things on the up?
I recently posted all my credit details at the hope of some advice as to if I had a chance of getting a mortgage with the current climate and my credit rating as shown below. Today I thought whilst I was at my bank paying in some cheques I would ask for a little advice, the Halifax mortgage adviser took all my details and…
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increase mortgage or small loan?
hi everyone, advice needed please:money: we are thinking of doing some home improvements and will need approx £5000 to do so. currently we owe £76000 with f/direct at 1.5% :T and could easily add an extra £5k onto our borrowing. dh says we should add the amount onto our mortgage and pay an extra £100 per month into it for…
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mortgage for self employed, earning £45k
Hi We are looking at buying our first home - the places we have been looking at are about the £230k mark. We have a 15% deposit, which means we would need a mortgage of £195,500. I am self employed (the only employee and director of a Limited Company) - my last 3 years accounts, the average net that I have paid myself is…
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Buying a second property
We've paid off our mortgage and are interested in buying a small house probably to rent out and in the longer term it will go to one of our children. I'm sure someone will say "there's no money to be made in property now" but I'd welcome any ideas/suggestions on going ahead. Thanks.
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NR Mortgage
We have a mortgage with Northern Rock which has come to the end of a fixed term they have not offered us another fixed term so we are on a standard rate which is fine at the moment but once interest rates go up which will be soon by the sounds of it then we will struggle. I dont think another company would accept us as we…
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Fixed rate high interest rate should i change now?
Hi everyone, We have been viewing the forum for a week or so now and am just posting to get some views on my situation and if it might be wise to get out of our current deal and start a new one. Basically - we are in a 3 year fixed rate deal at 6.2% paying over £600 per month on a £107,500 mortgage over 40 years. Only £56…
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Taking name off mortgage and protecting equity
Hi Paul and Sara (both in their mid-40s) split up just over a year ago. Married for 17 years. Two pre-teen children. Joint mortgage of £110K on current property (there for 10 years). Valued at about £160K. Sara works full-time, earning about £22K. Paul was working part-time (£7.5K) but has just been made redundant. Sara…
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What is the best 90% LTV mortgage available in N. Ireland
As the question states what is the best deal available on a 90%LTV remortgage in NI at the minute?
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Calling All Skipton SVR Mortgage Customers and their Supporters Against Interest Hike
It sets a dangerous precedent for financial institutions to renege on promises. There was no mention that Base Rate itself being low or low for any length of time constitutes "exceptional circumstances." The whole point of the Skipton SVR is you pay more when the bank's base rate is higher and less when lower and never…
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Mortgage Multiples
Hello All, I was wondering if someone could help me. We are due to sell our house on the south coast (for £275k) and move to the NE where we have seen a house we like for (£240k). Now, at the time we got our original mortgage (which is now on Halifax SVR) for the house on the south coast, we got approved for the loan…
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Calling All Skipton SVR Mortgage Customers and their Supporters Against Interest Hike
It sets a dangerous precedent for financial institutions to renege on promises. There was no mention that Base Rate itself being low or low for any length of time constitutes "exceptional circumstances." The whole point of the Skipton SVR is you pay more when the bank's base rate is higher and less when lower and never…
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swap now or in a couple of months?
Our current fixed rate (4.99) mortgage deal with A&L is due to end at the end of April. I called them yesterday to find out what deals they could offer & to see about over payment. It is a part repaymenyt (£33000) and part int only (35000) as the latter was taken out for deposit on a BTL property. The latter I am happy to…
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What is my mortgage rate, I am really confused.
HI Can someone help me understand what interest rate I am supposed to be on. I took out a RBS "Scottish two year base rat tracker 100%ERC " in 2006 for 125k. The deal is now up but I cant remortgage cause the house is only worth the equivalent of the mortgage value. The key facts statement with my mortgage states the…
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Mortgage rates
Hi I was wondering if anyone could tell me whether my mortgage rate is likely to increase or decrease in March whenmy fixed term ends. It's fixed at 5.89% Thank-you BG x
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Dept lost 4 MI 12R forms/Help please
Hi folks If anyone can help that would be great thank you in advance. We are eligible for support on the Interest with our mortgage, and so far 4 MI 12R forms have been lost within the dept who deals with these matters. The lenders complete them and send them direct, and it its coming to the stage that the lenders are…
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Remortgage?
Hi I wanted some advice on my circumstances. We bought at a relative high point in the market for £153000 in 2006 with 100% mortgage. It was a stretch but have worked hard to pay off as much as we can and it is now £138000. Wierdly prices have dropped but not as much as I would have expected, tail end of last year a house…
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pub into home
Hi folks, my first posting so hope i can get some info. Me and fella looking to buy house together. We have found lovely old pub that has been stood a year before been sold to builder who is only interested in the land next to it. Now we are trying to buy the pub. The trouble is we cant get a mortgage cos its still a pub…
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Rage against the mortgage company! Advice?
Ok, need to blow off some steem here ! :mad: Took my mortgage out with livingstone mortgages (used Victoria Mortgages as a broker) in Feb 2007 on a 6% 3 year fixed rate. My original contract stated I would have to finish paying in June 2010, im guessing this is a extended offer period due to being on a sub prime deal?.…
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legal advice, bankruptcy, repossession...
I'm posting this here because it's more about my mortgage than my bankruptcy. Just want to ask about my situation. I'm half way through my bankruptcy because I was stupid enough to get credit in my name whilst with my ex boyfriend. We broke up and he denied all responsibility. We have a joint mortgage and we both moved out…
