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Can I move mortgage product between exchange and completion?
Hello, this is my first post so apologies if it's in the wrong place. I hope that one of you may be able to offer advice as I am in the process of buying a new house. I was offered a mortgage through the post office at 4.29% and we exchanged contracts a couple of weeks ago. We're due to complete on 2nd Sept. I have noticed…
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When do we move?
We would like to move to a bigger house at some point in the future, but there are a number of factors to consider which would affect whether it would be a good idea to move sooner or later. I would appreciate any opinions. - Our age. I am 31 but hubby is 48. Therefore, any mortgage would have to either have a short term…
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help mortgage SPLIT
Hi I am new to all this so here I go. my ex moved out on 28 feb 2010, we have a joint mortgage, i have a ccj setteled with one year to go, what are my options my mortgage is with northern rock, she is now hassling me to change over mortgage, we paid 91000 for my house in 2005 this year i have had central heating new…
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Dilemma - 3yr fixed or 5 yr fixed
Hi peeps, Ive just seen a great deal on YBS mortgages. I am currently on HSBC SVR since its been difficult to get a 90% mortgage at a decent rate. I have been watching the market for a while and overpaying slightly and it looks like I can get an 85% mortgage. I am torn between fixing for 3 or 5 years as well as whether to…
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Split from violent ex do i still need to pay half mortgage?
Hi I had to leave the family home 3 yrs ago due to a violent ex partner,(hes been charged twice with common assault against me he would of gone to prison but i asked he got help for temper instead) we have no children together, but i had my teenage son living with me.We moved back in to my parents and i pay rent to them. I…
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Can I pull out of a new mortgage before the product tansfer date ?
Hi, My current product with Accord expires at the end of August, and I have already signed up to a new product the same lender commencing the 1st September. My circumstances have changed and I want to sell my property. I now want to pull out of re-entering another term and revert to the lenders standard variable rate for…
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Property Valuation Question
I am remortgaging and looking around for a deal. Say for example I see a good deal which requires an 85% LTV, but I'm not sure if my LTV is 85% or 90% would it be worth trying to apply anyway? Could in theory they say yes you can have the mortgage in principal, send someone round to value the property who values it at less…
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Buying my partners husband out.
hello,hope i can get some help here. my partners house is in joint names with her husband,he wants to sell me his half,he needs the money quick,what are my options,i have the funds to do this.there is still money owed on the mortgage! can i get a whitnessed letter of surrender to me,and the deeds changed into my name?…
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Question solved. Please close.
All now solved.
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Mortgage Interest rates
When the Bank of England change interest rates my mortgage payments do not change. It is not a fixed mortgage and is repayment. I asked my mortgage provider why my payments do not change and I was told that they do not use the Bank of England rates but they will not tell me whose rates they do use. Does anynone know where…
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ex bankrupt mortgage
Hi, Not sure if this should be on the BR boards or this one as it's about mortgages. My fiance and I (well we will be married by the time we can afford it) want to buy a house. By our reckoning it will take us about 3 years to save up around 25k unless a job situation improves. This ties up very neatly with being 6 years…
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BTL - interest only or repayment
Hi Any advice is gratefully received. I will be renting out my current house and re-mortgaging it to fund the purchase of a new home. My current home is worth £200k and so I will get a BTL mortgage of £140k to use for the next home which is worth £270k. The mortgage on my new home will be £200k meaning that I then apply…
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Post office - Overpayments
Hi guys, Just flicking through the post office mortgage details and the subject of overpayments. could you have a look at this extract, "You can overpay at any time during your mortgage term. If in a promotional period, you can overpay a minimum of £500 and a maximum of 10% of the outstanding mortgage balance (as at 31st…
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Mortgage Express Settlement Charges
Hi Does anyone know if (the now defunct) Mortgage Express are currently waiving any of their charges for paying off and closing a mortgage account? I'd heard that they were keen to clear their mortgage book and were offering incentives to those paying off their mortgages. My original paperwork shows a settlement fee of…
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Mortgage help
My wife and I are buying our first house together (we previously both owned our own properties, now sold). The house value is £180,000 and we have £120,000 deposit so a good LTV ratio. We've also got a 4 month old daughter so fixing our mortgage seems a good idea for security, at least until she starts school in 5 years.…
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converting to buy to let and landlord tax
Hi all I have been letting out my flat since about this time last year. Am I correct in thinking the first tax return I have to fill in is due in October (paper copy)? Is it a relatively straight forward one to complete in relation to the horrible self assessment one? The other thing, I was naive of this before but have…
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Incorrect adverse credit rating, and it's effect on getting a mortgage..
Help!! Have recently had an offer accepted on a property, which is well below the asking price, and is conditional on us completing quickly. we need a mortgage which will be about 88% LTV on a short term basis, until I sell a property. Ran through the mortgage deals available, and had settled on a provider, only to be told…
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Which mortgage to overpay?
I have recently inherited £20k which I would like to put against my mortgage. The problem is that I have 3 mortgages with my current lender (Nationwide) due to 3 house moves. My question is which mortgage am I best putting the money towards? Mortgage 1 : £108,000 at 2.5% (not fixed can overpay as much as I want) Mortgage…
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SMI question
Scenario question - a parent and son co-own a property as joint tenants with an interest only mortgage. The son was eligible for the mortgage as he was in full time employment and the parent was not as she did not work and has not worked now for 20 years. The son lived with the parent in the property and met the mortgage…
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applying for a mortgage while on maternity leave
I am currently on maternity leave and will be returning to full time work in October this year. My husband and I would like ot move closer to work before then. However, we've just been told that we don't qualify for the mortgage amount we want because I am on maternity leave and my payslips only show the statutory…
