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Mortgage Tips for FTBs
We're meeting a mortgage advisor tomorrow and just wanted to know if anyone had any tips for things to ask. Also, are we likely to be able to get a fixed rate deal or are they disappearing?
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Raising a loan against an endowment...
Hi - first time poster, I hope someone can give me some information. Can a loan be taken out against an endowment by only one of the parties on a joint policy? My husband won't agree to it but it's not just his so I wondered if it was possible. Thanks! Jo
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Marriage split & mortgage
Hi I've recently got married and new husband has now changed his mind and wants to split. I've got little say in the matter and now left trying to pick up the pieces. We have a house in joint names and joint mortgage, he said that if i wanted to keep the house i could and he would move out. But i'm not sure what is…
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Financing a property inTurkey
Hi Hope someone can help. My husband and I are considering purchasing a property in Turkey. We would need to borrow around £70,000. We have a mortgage on our home in the UK at the moment (the property is worth around £300,000) and we have a mortgage of around £7000 left on it. We would be able to pay that off with savings.…
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Advice Please - 3-way mortgage
OK, I am looking for some specialised advise regarding my mortgage. Basically, I am in a strange setup whereby I live with my nan, granddad, mum and brother and sister. !We moved into the house in June 2006 when the house was worth £295,000. !My nan and granddad put down £245,000 cash and we arranged a £50,000 mortgage.…
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inherited disaster
Dear all Unfortunately my brother was killed a little while ago and i have been left with a flat he owned. It is in the middle nowhere and no one seems interested in either renting or buying it seems. The property is costing me £520 a month which i simply cannot afford, my once meagre savings have taking a good kicking and…
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Impact of credit rating on a mortgage
Girlfriend and I decided at the weekend that we'd move in together and buy a place near where I live. She (and I) are fortunate that she owns a flat outright in London to sell to put money down as a deposit. In order to get a nice house it would mean me getting a mortgage. Because of the flat my gf owns the Loan to Value…
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problems with maintence in my leasehold flat
I wonder if anyone can help me i have been scouring the net to no avail I live in a leasehold flat (not X councill) I have lived here for 8 years Since i moved in the state of the place has gone down and down When i first moved in the councill used to cut the lawn Then they stopped I asked them why and they said they have…
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Moving house with -ve equity
It is with some trepidation that I write this but I would appreciate all thoughts. We bought a house back in Q4 2006 in order to get on the market and (before the crash) this was going to be short-term as we planned to move in 2 or 3 years. We are now currently about £30k in negative equity and have wanted to move for some…
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Transfer of Equity
Hi All, I am looking for some advice on the Transfer of Equity on my mortgage. Basically, my ex partner, wants nothing to do with our joint property anymore. My step father is willing to change her 45% into his name. He is 69, of considerble wealth and would basically like to really help me out. The property has been for…
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Can I just get a standard vanilla SVR mortgage?
Hello, I'm looking around for some advice but I don't seem to be able to find the answer to this question. My fixed rate buy-to-let mortgage deal comes to an end soon and my option with the current lender is to transfer to their standard variable rate as they do not have any buy-to-let products available. Their rate is…
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Halifax - Are they right?
My husband and I have held several mortgages consecutively with the Halifax over 25 years. Our current fixed-rate mortgage was taken out in August 2008 as our first fix on the property came to an end, just before rates started to slide. Foolishly - very foolishly - we committed to a 6.1% five year fix on a mortgage of…
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Not a chance right from the start!
Hi, I bought my home in 2004 just before house prices went overboard. Being only 22 at the time and being my first property I decided to go to my own bank RBS. Both myself and partner were working full time with no debt. RBS refused us TWICE! This meant anyone else we tried also did the same destroying our credit record…
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Can I change mortgage from 12 yrs to 10
I'm just in the process of changing my mortgage as the fixed term I was on is coming to an end. I've been advised that Northern Rock have the best deal for me at the minute, can I change years left on my mortgage to 10 years down from 12 or do I have to stay with the term i have?
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Avoiding ERC?
My girlfriend is selling her house and she has a few years left of her fixed deal so is subject to a 3k ERC if the mortgage is redeemed. We plan to sell her house and rent for a while so that we can buy a new place together chain free with the existing mortgage ported over. Obviously if we chained a purchase up with the…
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Self Cert Mortgages
For the past 5 years ive had a 'self cert' mortgage, which has been great. Im self employed and cannot always prove my income;) I am wanting to sell my property and buy a smaller house and use some equity to purchase a 'buy to let' for future earnings but im now worried if I will be able to get a mortgage. Does anybody…
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Brokers - Not feeling confident
It's all very well to say London and Country are fab and I'm sure they are fab if only I could actually get to speak to my broker!:( Been trying 2 hours now...constant voicemail...spoken to 'the girl' who would 'pass on my details'....I'm not feeling confident now about dealing with them. I haven't engaged them yet, only…
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Still paying back on house repossessed over 14 years ago
Had a mortgage with my now ex-husband. I initially staying in the property when he left and explained to the mortgage company - Mortgage Express, the circumstances. They were always very unhelpful, but the mortage was paid by benefit for around 18 months. I then met someone new and moved out. My ex-husband moved back in.…
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Do we pay tax on a "gifted" deposit for our first property?
I am looking to buy a flat with my partner to live in and we are hoping to put a deposit down of £45,000 (25% of the purchase price). £10,000 of the deposit is coming from my side - the sale of my car, and a gift from my parents/grandparents. £10,000 is coming from my partner, with whom I will be living with in the new…
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Becoming self-employed...what happens with mortgages?
Hi all, Looking for some advice here... I'm in the process of going self-employed, & am currently on a 3-year 'interest-only' mortgage deal that runs out in April 2011. When I was an employee, I simply 'tarted' from one deal to another every 2-3 years to ensure I was getting the best deal on each occasion. However, by the…
