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7year deal, worth it?
Hi guys and gals, Basically, we are selling our 3 bed flat to move into a 3 bed house, The flat *should* sell for 100k We are looking at a house for 135950 We need a 81k mortgage No bad history or anything. Found a HSBC mortgage thats a 7 year deal, now its tempting as it locks the payments in for a long period, which…
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Help!!!
Hi everyone Wondered if someone helpful could help with my query. My partner owns his own flat which has a mortgage of £80k, the flat is worth £120k. We want to buy a house this year as we have a bubba on the way. We cannot get a joint mortgage as I went bankrupt earlier in the year so everything will be in his name. But…
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First Direct Text Message
Hi Having received a Text from First Direct last week confirming receipt of my application. I received a call from one of their U/W's today. The whole experience was a bit like being on Mastermind with a specialised subject of my finances. Later this afternoonI received a Text saying my mortgage application has been…
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Help - simple question, moving house mortgage
This is a really simple question (probably) but I really can't get my head around it, please could someone humour me (!) and give me some pointers? We have a joint mortgage. House was bought for £131,000 and would probably get around £140,000 for it if sold now. Outstanding mortgage is £84,000. On BMR at the moment, not…
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Fixed rate finished, Should I stay or should I go now?
Hi my fixed rate mortgage is up and I'm thinking of moving my mortgage provider from NPBS to The one account. I was wondering if anyone else here uses them and if they are secure and any good? Also are they the only offset providers out there? Cheers.
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Deeds/Mortgage question?
Thank you for all help with this issue
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First time buyer- Help
Need an honest opinion. Are we crazy? We have a 5,000 overdraft and are currently renting (2 years now). We desperately want our own house. We have a 7000 deposit (the house we want to buy is 129000). We cant really afford more than 500 a month on repayments. Could we get a mortgage? and if so who with etc? Thanks
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Woolwich AIP....sort of?
Hi, I have just got off the phone with a Woolwich Mortgage Advisor, and am very confused, as it didn't go as I had expected. I was enquiring about a mortgage in principle, and she said she couldn't give me a definitive amount that we could borrow until we have had an offer accepted on a house, but just a rough idea. She…
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FTB - undervalued property
Hello everyone. Right, I'm a first time buyer, some debt, but a 10% deposit. I have an opportunity to attempt to buy a house. I can probably get a mortgage for the required amount. However, it will be at the top of my lending. The thing is, the house does need some work. This would be the whole point of buying it, because…
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New mortgage in place before sale
I am putting my property on the market in May, and have a question regarding applying for a new mortgage. Basically I stand to gain around 35k, and plan to pay off 10k debts and put the other 25k down as a deposit. Can I make a mortgage application, based on what deposit I believe I will be able to afford after the sale of…
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Estate Agent Fees
My gf and I are FTBs. Through a family friend we got wind of a house being put on the market and have been able to view and make an offer privately (without the use of Estage Agents). The property was valued by three separate agents for valuation purposes they day we had our first viewing. My question is, what would…
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Advice on co-habitation/new house
I hope this is the correct thread! I currently live with my partner - I own a house which I rent out. We are buying a new house (I am still keeping my rented out house), but the mortgage will be in his name (he earns a lot more than me - there may be problems with my name on the mortgage in getting the credit). I will be…
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Can I get a mortgage?
Hi I was wondering if someone could help! I have recently split up with my partner and am in the process of selling our house. Hopefully if we sell at a reasonable price I should come out with £4k (best case scenario!) I have worked hard for the 2 houses that I have lived in with my partner and am rather upset that I am…
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Deeds, JSA and mortgage question(s).
Hello all, I am currently on the New Deal through DWP and although attempting to start a business, its going slowly. The main benefit of this New Deal is I continue to get my mortgage interest paid. I think I will be earning proper money within 3- 4 months - although possibly not enough to convince the mortgage provider…
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Buying into Partners Property
Hi everybody. My situation is this, my partner and I have been livin together for 6 years in a mortgaged house. His name is on the deeds and he paid £30,000 deposit and he pays the monthly mortgage and I have paid all household bills and food etc since we moved in (may seem odd to some people but this suited us at the…
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LTV Query
Hello, Just registered as I'm moving house shortly and have a few things playing on my mind. I live in Scotland, and have been looking at several Home Reports, including the Single Survey used by lenders as a valuation. Many of the properties I have looked at have a survey value greater than the asking price, so my query…
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Increasing a Halifax re-mortgage, checks?
Hi all, we've just come off a Halifax 5 year fixed rate and gone onto their base rate thingy for a while, we now want to sign up for another fixed rate with them which I understand is very straightforward and without income checks etc., can anyone tell me- if we wanted to increase our mortage amount by 5K for home…
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Post Office Mortgage Approved
Hi, We are buying a house worth £170K with a mortgage of £65K from the Post Office (our combined salary £65K). I am amazed how quick they are. We only applied seven days ago and already the survey has been done and I received a text (it all seems to be email/texts) that our Mortgage has been approved. Pretty impressive. We…
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Is there such a mortgage?
I'm hoping someone can give me some advice. The mortgage on our house is due to end this year. We would like to buy a property elsewhere, either in the UK or abroad, with a view to selling our current house when we retire in four or five years time. We would like, if possible, to take out a mortgage, possibly on our…
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Do I Pay or Save?
I have read all the info provided and also the comments on the Forum. I am more confused now than before I started! Can someone give me a straight answer, please? I have a mortgage of £18,494.06 with 9yrs 5mths left. A current interest rate of 2.5% gross. I am paying £183.90 p.m. on a repayment mortgage. There is a one-off…
