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Reclaiming mortgage arrears admin fees
Bradford & Bingley are charging me arrears and administration fees. These have been from 2002 of £20/£25 to currently up to £55 per month. I have a court arrangement in place to pay £100 per month off of my mortgage so to charge a £55 admin fee is hardly helpful to clearing the arrears. I note your article says this is…
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Endowment Mortgage Mess!
Hi, I'm new to posting on this site, please be gentle with me! I took out an endowment mortgage for £47000 in 1999. My policy says that it is guaranteed to pay out £22,000 on maturity. I have received an 'amber alert' letter warning me of a potential shortfall of either £19000 if investments grow at 4% or £10000 if…
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Principality Booking fee
My mortgage is with the Principality Building Society and I have had a tracker mortgage with them for the past 6 years. My Tracker mortgage deal runs out the end of February. I have received a renewal letter offer from them in which they offer to change my current interest rate of 0.74% above the 0.50% base rate (1.24%) to…
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Valuations for remortgage
When remortgaging how does a lender value your home? What difference does it make if it is a remortgage with a new lender or your existing lender? Ta very much for any advice...just trying to get a feel for what my LTV is likely to be for an upcoming remortgage
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Unable to Re-mortgage , what are my options ?????
Will try to keep this simple. Myself and my wife took out a mortgage on our house 2 years ago with a £20000 deposit, shortly after the recession kicked in and we have lost that deposit (lost the value in the house), our fixed mortgage period was up a couple of months ago and we have been on the variable rate (which is…
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Dodgy Broker??
I'm currently in the process of buying a property,i am a first time buyer and have a few concerns regarding my mortgage. My situation is this : I put an offer in on a property for £153000 before Christmas which was accepted. I then went to a broker who recommended a mortgage with Platform Homes. He gave me the key…
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Re-mortgaging with negative equity? :S
My fixed rate ends soon, which will actually help short term as the variable rate is lower than my current fixed rate, but if/when I do need to re-mortgage my house is now worth £15k - £20k less than when I bought it. What are my options when trying to get a better deal? Thanks :beer:
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Help with mortgage fixed rate term
Good afternoon everyone. My wife and I took out a 5 year fixed term mortgage with the Portman building society on our part buy part rent home back in 2005. There were a lot of land registry issues that weren't resolved until January of 2007. The Portman extended the offer of our mortgage up until this was recitified and…
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Please Help!
A friend of mine took out a mortgage on a house with his then girlfriend. They broke up soon after (ouch). She moved out of the house and is living with her parents. She's keen to sell asap as she can't afford to pay for a place she's not living in. He's living there now and paying all the bills. But they're in negative…
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what sort of mortgage can my OH get
i own a property that is in my name as is the mortgage. this is our marital home. rather than my OH pay into the mortgage or change it into both our names we are mulling over the idea of him buying another property in his name. whilst we want a mortgage that he can cover with his income alone, we also want to rent this…
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mortgage when in temp employment
Hi, I currently own a home mortgage free and am considering various things including buying an investment property (long term, before anyone says anything!), buying another property to renovate and sell on, or moving to a larger property. All of these would require a mortgage. I am currently not working, but do have a…
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Discounted tracker ending soon - advice please.
Hi My Britannia tracker comes to an end in April (commenced April 2008). Currently 0.5% above base, then 1.5% above base for remainder. Should I switch to another mortgage / mortgage lender or is this still a good deal. Because of the low rate I've been paying, I stopped overpaying a while back & am now putting spare dosh…
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Mortgage Endowment Shortfall - Any Help Welcomed
This is my first post, so sorry if its been discussed before. My husband's mortgage is coming to an end and one of the endowments has fallen very short of its target. After an investigation why, it was found that the Direct Debit was cancelled at some point in the past, we asked why they also stopped sending annual…
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Should we cash in our endowment?
Hi we took out a unit linked life endowment in June 1993 with London&Manchester, it is now with Friends Provident. It matures in June 2018. We also have another life policy. We currently pay £98.05 a month as we ceased paying the unit linked increments about 10years ago. The endowment is not linked to a mortgage. We are…
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Can I switch to variable rate?
I am paying a fixed rate mortgage to Halifax with the rate fixed until Feb 2011. However, the early repayment fee falls to 0 in Feb 2010. I could, therefore remortgage, but I earn much less than when the mortgage was taken out and no one would give me a new mortgage at present. Would it be possible to ask Halifax to put me…
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what is occupiers consent form?
Hello, I am in the process of buying a flat. Today my solicitor emailed me saying that"I have also requested an Occupiers Consent Form from Halifax which I will need send to you in order for the occupier to sign." I know the general process of house buying and mortgage. But I am not sure what is occupiers consent form and…
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Remortgaging a rented property. Do I now need buy to let?
Hi I'm a young homeowner and need some advice on my mortgage. I lived in my flat for 5 years and then started renting it out last year so I could go travelling. At the time my mortgage deal had ended so I have been on the SVR with my mortgage company as this seemed to be the cheapest thing at the time. I let the bank etc…
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Diminishing Asset
When I came to sell the flat I bought with my now ex-husband over four years ago I found that it only has 75 years left on the lease and was told that it would now be considered a diminishing asset. Neither myself nor my husband were made aware that the length of the lease was an issue when we bought the flat or that it…
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Bad Credit Mortgages
Hi there, Its a long story but I have had a problem with my bank whereby they have said that I am 6 months in arrears on a loan I took out with them and this is now showing on my credit report - which is bad! I have tried every avenue to get this removed and I am still pursuing this, however I am so fed up that I have…
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Loan for term of mortgage
I know that there are no 100% mortgages out there any more but you used to be able to get a mortgage for 90% plus a loan for 10% of the value of the property over the term of your mortgage, which effectively made it up to a 100% mortgage. Does anyone know of anywhere that still offers this? Thanks
