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Sneaky banks adding fees to mortgage
I have been a lurker on these boards for a couple of years now and have found the advice on here to be invaluable. I have saved loads of money. I never felt the need to join until now though. Today I looked at my mortgage statement and discovered that the fee I have been charged to change my house insurance from my…
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Can you have two mortgages on one property?
HELP :-) We thinking about moving house (to a more expensive house) however because of the mortgage I have we would have to pay charges (early repayment) so I need some advice... I currently have a mortgage with C&G (fixed 5 years @ 6.9%) for 80K we are two years into this deal and if we were to pay this mortgage the early…
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First time buyer advice
Hi folks. Need lots of advice. Just been accepted for a mortgage. Don't know where to start. Seen a house i like, made an appointment to see the house. tomorrow 6pm. What sort of questions do i need to ask. when it comes to making an offer where do i go from there.... I don't even have a solicitor, yet. My uncle is the…
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First Time Buyer
Hello, I'm looking for some advice - I've tried using the web but a lot of the information is scattered. I'm 22 earning about £18.5k/yr salary in a job I've been in for 2 years. Looking to buy a flat (works out cheaper than renting - plus with renting it seems you're throwing your money down the drain paying someone elses…
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buy or sit tight?
Hi, looking for some guidance on my position. Have a house without mortgage standing me at £290k (bought last September 2010 - was a new build - last of small development of 9 house originally priced at £399k) - we are not happy with the move and want to return to our home town. Had offer of £275k on this house. Found…
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taking my name off the mortgage
could anyone advise please, been split up with my ex partner for 2 1/2 years and i still pay the joint mortgage we had and all the bills approximatley 800 a month and its killing me and preventing my from doing anything really. The ex does not work and claim incapcity benifit. there is alot of equity in the house but she…
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How much does my salary affect how much I can borrow?
Hi This may seem like a silly question.... I have been multiplying my salary by three to work out roughly how much I can borrow. However, I am currently interviewing for two jobs - one which pays £35k and one which pays £38k. The actual difference in salary isn't much but does this really translate to £9k in terms of my…
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Remortgaging and changing name on mortgage, completely clueless, HELP!!!
I have been living with my partner for two years in a house he bought with his brother in 2007. They each put in 40k and now his brother wants his 40k back. House price 203k. Our joint salary 50k. I don't have 40k to put into house so we need to remortgage and put our names on it rather than my partner and his brothers.…
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Flexible cash release plan - was this legal?
My parents took out this flexible cash release plan with their mortgage company in 2002. I asked them what the plan was and they honestly didn't realise what it was all about as they are old. After I looked into it, that this plan was a lump sum given to them by the mortgage company for an indefinate period. The interest…
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Natwest First time buyer mortgage decline due to lack of Debt
Hi I hope somebody can give me some information. I'm a first time buyer I had an agree in principle for a mortgage with Natwest and have just had an offer accepted on a house. I've just started the application progress for the mortgage and they have advised that my credit check has been declined but the could not advise…
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Names on Endownment
I took ot an endownment in 1999 with my then partner, we then spilt up about a year later and we went our seperate ways. If I remember rightly we signed something to say that the endownment was solely for me. However my ex partners name remained on the endownment. When I asked about this, I got a response along the lines…
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Selling a house with a tenant
Hi, I hope someone can point me in the right direction with a problem we have. My husband bought his family home when his dad died with the view that his mum should stay there for as long as necessary, she is 85. He pays a mortgage payment and we do not receive any payments at all from her for living there. My name is on…
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Confused about amount we could get
We have a largish deposit about 125k (ignore costs they have been catered for). Currently in rented as we sold in october I've been trying to work out what houses we can look at but can't work out how much of a mortgage we can get. Dh is on 34k (potential for bonuses) plus of course we get tax credits etc. Children also…
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Shared Ownership - Remaining Purchase... Help!
Hi all, As lame as it sounds I always turn to MSE and your help never fails to let me down! I have been in my shared ownership flat for 5 years. Owning 75% of it. With the intention of selling it, it went on the market. We had a buyer went all the way through the various valuations (the 25% owners Oribt required) and…
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Mortgage £100,000 - payments
We have a mortage of £100,000, our house value is £200,000. We fixed 3 years ago and it comes to an end soon. We pay £709.00 per month. Does this sound like a high payment in todays terms? do you think it will he higher/lower if we change our mortage soon? Many thanks
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5x joint income morgage
Hi all, does anyone know of lenders offering 5x joint income mortgages (with 25% deposit if that matters). So far I've been able to confirm Lloyds are offering it and possibly Accord. Many thanks
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MSE News: Fixed mortgage rates expected to fall
This is the discussion thread for the following MSE News Story: "Homeowners remortgaging were today told to sit tight as commentators predict fixed deals have further to fall ..." Read the full story: Fixed mortgage rates expected to fall
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Mortgages - Poor Credit - Which Bank?
Hello, I have heard that certain banks do not care about late payments on Mobile phone contracts or defaults older than 2 years old, etc. For example, HSBC are supposed to be hard-going on even 1 late payment. Is it possible if we could get a list together of which banks are most likely to give a mortgage with someone with…
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Unsure FTB
Hi all, My wife and I are looking to buy our first place, we're currently living with my parents. We've had an offer accepted for a place we really like- it's £400k. My parents are helping out with a deposit, we're looking to put down 25%. I'm absolutely terrified about having a mortgage though. We've got a pretty good…
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best tracker on the market for 75-70 % ltv at the moment?
thats the question, anybody done research in the last couple of months?
