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Mortgage Holiday
Hi I bought our house in June 2009 and have a 3 year fixed rate with halifax. Put down a deposit for £33k on a property bought for £150k. I'm now pregnant and thinking of ways to help through the 3 months I'll be on SMP... I took a payment holiday last year in August as my paydays changed due to a new job and this was to…
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End of endowment Confusion (by me)
Hi All I have just received a letter from Aviva telling me that my endowment is approaching maturity on 1st June…. The endowment was a ‘Guaranteed Min Cost End’ policy taken out on 1986 with NU (now Aviva) of £16,500 Their estimated maturity inclusive of ‘payment towards shortfall’ is £12,100 I took out a second ‘top up’…
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1st time buyer mortgage advice please
Hi all, Apologies in advance for being naiive etc but have never had a mortgage before. To cut a long story short, I have a really poor credit rating. Without wishing to disclose too many details, I was in financial trouble. I have now paid all my debts off etc, but my credit rating is shot, and as I understand it, will be…
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Endowment Maturity Value
What would you expect the maturity value to be on this date, including all bonuses and terminal bonus?
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Name on Deeds = Name on Mortgage?
Hi guys, Quick question, do the names on a mortgage need to match the names on the property deeds? Reason I ask is, my wife and I are looking to buy a property and for the initial few years I will be the sole person on the mortgage but I would like to put her name on the deeds. Is this possible? Thanks in advance.
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Mortgage Question - Early Repayments/Changing Terms
Hi there, Looking for a bit of advice/clarification about mortgages... I've managed to get a mortgage as a First Time Buyer and it is fixed for two years. The repayments are over 20 years and if I wish to overpay then I am charged extra. My question is this... if I transfer my mortgage to a different provider after the 2…
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misold mortgage
Sent on Central Trust Headed Paper Letter reads, Dear Mr and Mrs +++++++ THIS LETTER IS IMPORTANT-IT CONCERNS THE MORTGAGE ADVICE WE GAVE YOU IN +++++ 2006 AND REQUIRES YOU TO TAKE ACTION TO REVIEW WHETHER OR NOT OUR MORTGAGE ADVICE WAS APPROPIATE In +++++++ 2006 we gave you advice about your mortgage options and arranged…
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What happens now?
My wife has taken severance from her local council(along with thousands of others).The fixed rate mortgage is up for renewal in June and at the moment she is working for an agency,so what will happen when we go for renewal.
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Mortgage due for renewal
Hi all Our mortgage is coming to end of its 2 years fixed period in May and we're looking to switch to another fixed. How do I go about it? We were first time buyers 2 years ago, will that matter now? The house will be worth more now than when we bought it, so would I need to get the house re-valued? If so, how? How do I…
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woolwich won't port my mortgage current account reserve
Hi All, I'm a first-time poster so my apologies if this question has been asked already. I am porting my current mortgage with Woolwich. I have absolutely no debts and am not asking to borrow any additional funds. I used 7k from my 12k mortgage reserve to pay fees etc and to ready my house for sale. I have been informed by…
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Halifax Banking on line problems
yesterday I attempted to pay my visa on line without success. They report a technical problem. Why? Can anyone help?:j
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Multiple mortgages - advice please
Hi I have found myself in what I think is becoming a more common situation...I bought a house with my sister (who now lives there alone), met my husband who had his own house and then we both got new jobs in an area too far away to commute. To solve this problem we rented his house out to a friend and we are now renting.…
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Mortgage Financial Advisor Commission
In June 2007, I took a mortgage with GE MONEY arranged by an independent finanacial advisor, who charged an arrangement fee of £250.00 and on the basis that he would receive a commission, during and throughout the arranged fixed term of 3 years, from GE Money. The fixed term was terminated June 2010 and the mortgage…
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Mortgage - small income - buy to let
Hi all I am looking to buy another property. I want to mortgage the house I live in that is paid for to put towards the other property. I am self employed, part time. Is it possible to get a buy to let mortgage these days with little income and basing the repayments on the rent I get?
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Mortgage with default
Hi all, Can I get a mortgage with these details for around £120,000. 1) I have a default from 2008 for £1100 2) I currently have a loan for £10,900, all payments have been on time and is all upto to date 3) I am in fulltime employment Any advice would be appreciated Thank you
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Ing Mortgages? and help reqd best mortgage for me..
hi guys looking at moving house... i paid off mortgage 5 yrs ago so will have £185000 equity.... looking at house in region of £330000 max so borrowing only 40%(145k) i contacted ing whom adv that mortgage can take 10 weeks, they will only account for 50% of my regular commision and when i asked about interest only they…
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Early repayments, mortgage terms and all that interest
Hey guys So, I had two pivotal ideas infect my brain a few months ago, and haven't been able to shake them; the first was to not have a mortgage, ever. The second was to build my own ideal dream house. I am nothing if not horrifically ambitious. With regards to the second point (building my own house), I've realised that…
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Mortgage leaving Fixed rate how should I manage this?
Hi, I think I have a basic understanding of mortgages however I know fine well others on here have a far better understanding. I am interested in others views of the situation I find myself in and how I should proceed. Here is the situation. My mortgage has two parts both were with the alliance and leicester now santander.…
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Am I able to switch to a new mortgage?
Hi guys, I hope someone can help. I came to the end of my 3 year fixed mortgage a while ago and am now on the SVR of 3.99% with 26 years and 2 months left. I have £155,352 left to pay but my property is now valued at approx. £150,000, meaning I have a LTV of roughly 103%. I spoke to my current lender (Scottish Widows) and…
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Remortgaging with Poor Credit History
I'm desperately seeking a remortgage to release 12k for debit consolidation. (This would pay off credit card debt, money owed to friends / family, and business debts) We have a £140,000 mortgage on a property valued at about £240,000. Obviously, that's a small amount of the total overall equity so that is in our favour,…
