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Mortgage Calculator (To See Benefits Of Overpayments - one-off and consistently)
Hi, The best one I ever found was on the Smile.co.uk website. Since I last looked it has dissappeared. What is the best 'out there' at the moment. Extensive google searching hasn't turned up anything close to the flexibility and graphical capability of the one that used to be on smile.co.uk. Thanks in advance for your…
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Nationwide Mortgage - Advise Needed
In late 2008 I applied for a mortgage which was a 2 year fixed rate at 5.78% which began on the 2nd January 2009 and from the paper work I had it suggested and I quote "This interest rate expires on 31 December 2010". This paper work was from Nationwide with my Mortgage Arrangements. Fast forward to now I receive a letter…
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Intending to fully offset, do I need to disclose this
Hi all I'm (slowly...) getting closer to buying as a FTB (I rent currently) so going through all the various options and such. At the moment I think an offset mortgage is the way to go - based on amount of savings etc - basically we have put all 'surplus' income above basic living expenses (& lived below means) into…
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Mortgage question...
Hi all, and sorry for the vague thread title! We have been planning on buying my mothers old house next year after selling ours, however, a member of the family has just told us that because we have very little or no equity in our house due to the drop in house prices, we don't have anything to put down as a deposit. The…
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do i need a broker to fix my mortgage
hi All i am on the variable rate of my mortgage , no tie ins etc. I want to move mortgage lender and have found the best one jfor me. Can i just call the mortgage company and if so what else would i need to do. mortgage company will pay all legals etc. My q's is can i do all htis myslef or do i need to use a broker for…
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First time buyer - query on fees
Hi, I have just had an offer accepted on a flat I wish to buy. Getting my offer accepted was the easy part (even though it has taken ages :D ) as I have no experience of buying homes and am not sure what I should do now! I am going to call a mortgage broker to see what sort of deals I can get. What I am confused about is…
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house buying (mortgage) advice!
Hi Everyone! I'd like to ask for some advice regarding my financial situation and would love to hear from some of the many experts here on how you think I should proceed.. Essentially - my girlfriend and myself would like to get on the property ladder. I'll explain our financial situation: Me I'm in not such a great…
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Seller refuses to pay indemnities
Our seller refuses point blank to pay indemnities due to his not having the necessary docs for an extension and other missing particulars. The seller has been the one insisting on a quick sale so the irony that this is all causing delay is not lost on us. He's threatened to pull out of the sale if we don't complete by next…
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Tracking Down a Broker
Any suggestions of how to track down a whole of market broker in NW Kent / SE London area? The guy I used before is now retired ...
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Overpaying on fixed rate mortgage
Hi Guys First time I've posted - could just do with a little help :) In a fixed rate mortgage deal at 5.6% until June 2013 with Santander - like a lot of other people it was a good deal at the time. Owe £206K the early redemption is about £8.5K. Suffering not only because of the lower interest rates which we haven't…
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fixing mortgage advice
Hi We have recently moved on to halifax standard variable rate of 3.5% after coming off a fixed deal at 6.5%. We are looking to move in the next year to a larger house. I just wondered if there would be any problems with us fixing for another 2years if we decided to move in that time....can we get a 2nd mortgage on top.?…
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Can I split my mortgage between 2 lenders?
My mortgage is with The Derbyshire and has a number elements with different conditions. One element ends this year but other elements are still tied in to a fixed rate until the end of 2011. Is it possible to move part of my mortgage to another lender whilst leaving some with The Derbyshire so that I don't incur early…
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2nd Opinion Needed - Poor Credit Rating
I'm just after a little advice from some of the experts on the forum. We've seen our financial advisor and he didn't offer us particularly encouraging news, so I thought it might be worth asking on here to see if everyone agrees with him. Me and partner are looking to purchase a new home. Current place of residence belongs…
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First time buyers - will we get a mortgage??
Hi there, Myself and my partner are looking for buy in the new year under a shared equity programme. My credit file, is ok, no defaults, a few late payments -all up to date. His credit file isn't so great as he has 1 default from a few years ago, but everything else is fine. We both get decent bonus' in December that we…
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can I borrow more?
I am going to apply for a fixed rate mortgage. I currently earn 23.5k and will be the sole repayer. I am looking to borrow 100,000, however I understand that you can only borrow 3.5x your income. In addition, my girlfriend will be living with me, effectively as a lodger (I daren’t call her that!!) paying me rent. Does that…
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name on mortgage but not on title deeds - pls advise
Hi All, If anyone can assist on this confusing matter I would be gratefull. 6 years ago we purchased our council flat as part of a Right to Buy. The property was registered to our mother. I took the mortgage on my own name as she does not work and is a house wife. HSBC completed the transaction successfully and I have been…
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Mortgage possibilities with bad credit rating
Hi everyone Just after some advice really.... through nothing other than complete and utter stupidity and immaturity I managed to rack up credit card and overdraft debts amounting to a little over £11k. I am aware what a mess I got myself into and only wish I could turn back time as unfortunately its done now. I am…
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Charge showing on land registry
Hi My aunt Betty died leaving a house worth £350 to her nieces and nephews including me but there is a unpaid mortgage of £280k. I've asked the mortgage company when the loan was made, etc. but they keep fobbing me off. She was suffering with dementia and it's rumoured that she took out the mortgage recently so she may not…
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Cam
Hi, I have a current account mortgage with RBS. I was under the impression that this was a flexible mortgage, but I have been sent a letter asking me to contact them as I have arrears. They have tried several times to get me off this mortgage, telling me that its an "old " product, but I like it because of the flexibility,…
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Second residential mortgage
Hi, Basically my partner and I are looking at buying a repossessed house. Nice house and good price but its in an area we really want to live. Problem is we have two houses/mortgages already. In one way its a good problem as we average 70% equity across the two but bad in that neither are on the market and the market is…
