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Endowments Annual & Final Bonus Rates
Where can one find comparitive list of the annual and final bonus awarded by each Insurer, including the Closed Funds i.e. Scottish Provident, Scottish Mutual etc?.
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Mis-Sold Buy To Let - PLEASE HELP
Hi In December of last year I was sold a mortage by a broker who avertised that the mortgage fee as a certain amount. When the mortgage papers came through the fee was £700 higher than advertised :( We went ahead with the mortgage as the house and fees were already incurred. I have now contacted the broker and his parent…
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Does Northern Rock lend on new builds
Hi. I'm taking my new buy to let mortgage through a broker but they're closed over the weekend. Ivejust been talking to the developer and they said to check that the mortgage lender I'm using lends on new builds. I've looked in the documentation and it doesn't say. Can anyone please clarify? Obviously I've told my broker…
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Mortgage Current Account Woolwich
Hi Everyone, When I took out my mortgage it was a condition I had to have the above. It comes with a debit card, cheque book etc. Ive just looked on my online banking it has a £100 overdraft. What is this account actually for? Is it an benefit to me? Cheers
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Mortgage with bad credit
I am looking to get a mortgage with my boyfriend. He has an A+ credit history. I on the other hand have always been bad with money until the past 12 months. I have a CCJ from 2008 for £6000 which I have not paid off and a few defaults but nothing in the past 12 months. I earn £20,000 and my boyfriend earns £31,000. We have…
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Mortgage Possibility- Probation Year Teacher
Wondered if anyone knew the chance of me getting a mortgage when I am a probation year teacher (guaranteed one year job then out on my own to find employment). My starting salary would be around £21,000, rising to £25,000 when I get my first full-time job after probation year. I would want to get a mortgage for a max. of…
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Advice please
Hi, I am just coming to the end (31 Aug 10) of a 3 year fixed rate mortgage term where i have been repaying capital and interest at 6.3% APR. I spoke with them last week to see what they would offer for a new fixed rate and they said 5.3% fixed for two years was the best they could do. (I have had my mortgage (first) with…
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End Of First Active Mortgages...
WELCOME TO FIRST ACTIVE As of 29th March 2010 the First Active mortgage range will no longer be available to new customers. However, we would be delighted to discuss what kind of mortgage is best for you through NatWest Home Loans Limited, which is also a member of The Royal Bank of Scotland Group. You can call them on…
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Advice Needed - Should I Surrender my Endowment Mortgage?
I have an endowment mortgage with exactly 4 years left to run. The current surrender value of the endowment is £16,208. I only owe £16,246 on the mortgage. The early repayment penalty is £487. Is it a no-brainer that I pay off the mortgage now, or are there any advantages in keeping a mortgage, such as tax benefits? If I…
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HSBC Mortgage Application Question - Redundancy
Hi We have had a joint mortgage agreement in prinicipal and am about to go through the full application process. I have just been advised that my role is at risk of redundancy, we are ok to proceed based on affordability but does anyone know if there are questions around redundancy as part of HSBC's application form as I…
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Buying a flat above a shop
Hello, just wondering if people have encountered problems getting a mortgage for a flat above a shop. If so, why? many thanks
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Natwest-Decision In principle approval ! help !
[FONT=Arial, Helvetica, sans-serif]ok guys need some advice ! I have bought a property, after I was approved for a decision in principle with Nat West. now when my financial advisor went to apply for the full mortgage amount once my offer on the house was accepted , he realised that the best deal with them wasnt available…
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Likelihood of mortgage lender pulling out after exchange
Hi, I'm planning to buy a new build house from a developer having negotiated a substantial drop in the price. I've got a mortgage approved in principle and I'm hoping to get the survey done next week. I know at this point they will send out a formal offer and I can arrange to exchange contracts and I will pay my deposit.…
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Advice wanted - first-time buyers
Hi, I am wondering if somebody could give me a little advice please. My husband and I are first time buyers looking to get our first mortgage soon. I am 24 and earn £32k a year and my husband is 30 and earns £46k per year. Between us we also take home around £14k in bonuses per year, although these aren't guaranteed. We…
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Bank Of Ireland SVR 1 April 2010
Hi, I'm due to go onto BOI SVR this month. Their website states it is 2.99& as of 1 April 2009. Does anyone know if the SVR is remaining at 2.99% for the moment? All I can find is that the BOI do plan to increase their rates, but when and by how much!!! thanks Sue
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Advice wanted re switching mortgage provider
Hi all I've just discovered that following a takeover earlier this year my mortgage is being transferred from Standard Life to Barclays. I know too many people that have had too many problems with them (admittedly the banking side) so I'd rather take my business elsewhere. I will phone SL after the bank holidays, but in…
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Invest, overpay or use as deposit?
We have recently come into approx £20K of inheritance. We are not sure what the best option is to use the money. Our house is currently on the Market. Value approx £120K and a morgage of approx £100K. Do we; A) Invest the money in long term savings? But the rate of interest is going to be lower than the interest rate on…
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20% deposit on New Build Apartment for FTB
Hi, We're first time buyers looking for good mortgages that require a 20% deposit (80% LTV) and find that most of the best rates are set for a 25% deposit...anyone know of any good rates for us? Many thanks for your help!
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Any way out of this situation?
Hello all, first post on these forums, looking for somehelp on a sticky situation I'm in. I bought a house 2 years ago, on a joint mortgage with a friend. The house cost 142500, we put a 15% deposit down and borrowed 121000. The 2 year fixed term period ends next month, when we will change from a rate of 6.44% with…
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10 year fixed rate mortgages
I have been looking at 10 year fixed rate mortgages. Their interest rates do not seem much higher than those of a year fixed rate. I forsee a substantial rise in interest rates at some point over the next decade so choosing a 10 year fixed seems prudent. just wondering what other people think about these ? thanks
