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3 mortgages, can I use different lenders?
Hi, I have 3 mortgages running along side each other for the same house from the same lender and one of them has finished its tie in period, so today I tried to set up a new deal on a lower interest rate which I could but after the product fee was taken into account the monthly payments were higher!!!:mad: So the question…
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Multiple Halifax credit card offers!
Last week when I logged onto my Halifax bank account they offered me a clarity card - guaranteed. I applied as I thought it might be useful as I do travel abroad a lot. They approved my application stating that I would get a credit limit of around £7000. Today I logged onto my account and there was another 'guaranteed'…
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MSE News: Deutsche Bank to pay compensation for irresponsible lending
This is the discussion thread for the following MSE News Story: "Borrowers will get redress after the City watchdog issued its first ever fine for this offence ..." Read the full story: Deutsche Bank to pay compensation for irresponsible lending
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Santander overpayments
Hi, I've got a fixed rate interest only mortgage with Santander. I tried to arrange regular monthly overpayments as part of the same direct debit as the interest payment but was told by Santander that this is not allowed! Is this right? My experience with previous mortgages has been that this is acceptable.
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Survey Question?
Hi all The property I am buying was built in 1907. I've been checking it carefully for damp, cracks, etc but obviously I'm not a surveyor. Had some quotes from surveyors who say because of the age of the property I have to do a full building survey for about £550 but once you add this to the bank valuation and solicitor…
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Need help with CeMAP 3!
Can anyone give me some advise with my CeMAP 3 exam? I don't work in the industry but I'm very determind and I want to get a good grade. I sailed through 1 and 2 but I'm confused with how to chose the correct product and protection product. I know it's important to get this right because the next question is going to be…
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Offset mortage...
So i went into the bank yesterday to deposit a large cheque and they took me into another room and advised me to open up a different account, i told them not to worry, just stick it in this account. Any how thay asked me what the money was for, was i intending to make a large purchase. I told them, i'm saving up for a…
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Any advice greatfully recieved!
Hi, I am not sure if I am posting in the correct place, so please forgive me if I am not. My husband and I are currently coming to the end of our 2 year fixed rate deal at 3.79% on £87,999, on our first home. I was fortunate enough to recieve my inheritance early from my parents, so we could buy our first home for the sum…
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se - CONFUSED, PLEASE ADVISE!!!
My husband and I already have our mortgage with Barclays/woolwich and have been loyal customers at Barclays for 15+ years. We are moving home (hopefully), but Barclays are saying that we need 20% deposit from us for the whole Borrowing! We are asking for an additional £69,000 but they are asking for 20% deposit on the…
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Endowment advice please
I stupidly took out an endowment when I bought my first home in 1999. I no longer own this home and therefore don't need the money to pay off the mortgage which was £60,000. I have still been paying the £94 a month as saw it as an investment and knew if I cashed in too early I wouldn't get too much back. I recently rang…
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Deposit Question?
Hi all. My dad is giving me the money for a deposit on a property that has just had an offer accepted. (FTB) He needs to give his bank 60 days notice to draw the money out which is plenty of time and neither of us or vendor are in a rush to move but I wondered what proof the bank would require? The deposit is effectively…
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What could the repercussions be?
I'd appreciate any alternative solutions to my predicament - but as it stands I feel I am only left with one option... (I'll try to keep it brief but please bear with me and read to the end and offer any advice you can) I have a joint mortgage with A&L (now Santander) with my ex partner. We split four years ago, and…
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Mortgage Advisors - help!
We're looking to move home and hoping to arrange a new mortgage. I've read Martin's advice on mortgage advisors but it's all a little confusing (my husband dealt with this last time but I don't think he got a good deal, so I'm taking over!). Am I right in thinking 'whole of the market' ones are best? Upon some research of…
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Divorce
Hi Guys, I have recently got divorced...hoooray!! The courts also awarded me full custody of the marital property/home as my ex put nothing towards it financially....hooray! Problem now arise where I have to take him off the deedas and the mortgage. My current lender will probably not lend my £186K on a salary of £24.5K.…
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Solicitor's and Deeds
Do solicitors sell flats without checking Deeds in Scotland? It sounds daft and surely the answer is No, but since moving in with partner and taking on his difficulties with upstairs neighbours I thought I'd check out the Deeds. Upstairs bought soon after conversion of roof space four years ago. I have purchased copy of…
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Mortgage Protection - Can I reclaim
Have been lurking for ages, but not seen anyone with a similar problem to myself, so here goes.... Very briefly, bought property with ex partner in 1999, remortgaged to Nationwide in 2001 and took out MP cover in both names but only to cover ex partner. Ex-partner left six weeks after remortgage and I took on sole…
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fee for early repayment
Hello I am about to pay my mortgage off in full. I have been told there is a fee for doing this. does anyone know if I can claim this back.
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Looking at new build in scotland
Hi All, Posted here before just looking for advice not lectures like some of you seem to love doing to others on here. Looking at a new build property in Scotland I have a 10% deposit I know 20% is better but thats not possible. My current lender clydesdale have said this would be fine depending on passing there criteria…
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Northern Bank 100% Mortgage and will a poor credit score affect it
Hello; I spoke with Northern Bank today who say they have 100% mortgages available for first time buyers (I was planning to give a 10% deposit). This surprised me, do 100% mortgages still exist? My main question though is my credit score, it's dropped into the poor catergory recently, due to its size and the number of…
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Options for dealing with bankrupt ex on mortgage?
Hi all, Just wondering if anyone can give me any advice regarding what options (if any) I have with the joint mortgage (Britannia) I have with my BR ex? I'll try to keep this brief.. Bought a house in 2004 with my now ex partner and within three months we split up. She moved out and I continued paying the mortgage alone.…
