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Aviva Endowments
Word of warning for those who about to cash in an Aviva endowment policy. Make sure your signature has not changed from when you took out the policy - otherwise you will need to send in your passport or get a lawyer or banker to verify your signature. I sent in my documentation completed as requested in good time to get…
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Is it worth remortgaging and paying the penalty
Hello, I currently have till april 2012 on my 5 year fixed rate mortgage which is currently 5.23% (seems to end in april even though I started in july 07?) My payments are currently £672 a month. I am interested in remortgaging and I am told there would be a penalty of £3055 to do this. I have done a calculation on the…
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Agreement in principle
Hello, My other half and I went in to register with the local EA and while we were there we spoke to the mortgage advisor and ended up applying to get an AIP. Anyway, I wanted to ask, my credit score with Experian is 943 and with Equifax is 508, both in the good category despite the fact that I have a high balance on a…
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got two remortgage offers - Which one would you go for?
a two year lifetime tracker at 3.09% with Woolwich plus £300 cashback or 3.65% 3 year fix with ING Any ideas? I'm also wondering who is known for being a good lender to go with / flexible on things and or any horror stories? Cheers :D
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Shared Ownership mortgages for HSMP visa holders
Hi, I would like to have some advise regarding shared ownership mortgages available for HSMP visa holders. We are currently in the process of putting an offer for a shared ownership property. We have the agreement in principle from Halifax for a 15% deposit on the mortgage required. But we currently have only 1 yr and 4…
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Mortgages & Multiple Addresses
Hi all, I am looking to secure a mortgage with about 90% LTV. My credit rating isnt perfect though so I am trying to do as much research as possible. My current credit score through Experian is 900 which apparently puts it in the 'Good' bracket and I earn in the region of £52K. I have noted from my Credit Report that due…
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Mortgage not showing on credit file
Good Afternoon All, Hopefully someone can help me! My name is currently on a joint mortgage with my ex-partner who now lives in the house. He does not earn enough to have the house in his name alone so we are having to make do for the minute. I don't want to force him to sell either as i like knowing my child has a stable…
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Mortgage Payment Question?
Hi Everyone Wonder if anybody can help on this question. Moving to a new house, completion date is projected to be 9th Sept. We want our mortgage payment date to be the 1st of every month. Does anybody know if the first payment will come out on 1st October or if not, when it will? The mortgage is with Halifax. Read some…
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Remortgage help!
Hi I am new here so hoping you can help! My partner owns his house with his ex wife and we want to take the property on ourselves (so remove her from the deeds and mortgage and add me). We are looking for 80% LTV on a property worth £285k. The exisiting mortgage is £235k but we are borrowing £225k as I have some money to…
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Are mortgage advisors so busy earning money that they don't need to return calls?
I am having an awful time trying to find a helpful mortgage advisor at the moment. We have been looking to remortgage to release equity, and potentially buy a new place to live in. 1st advisor: Got a recommendation from a trusted friend, the person recommended was too busy to take on work, passed our details to a contact…
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Getting a mortgage whilst on mat leave
I am currently on maternity leave and my employer went into administration just before I went on my leave. I am due to start a new job though with a new employer in December. My husband and I would like to apply for a joint mortgage but I don't know if there are any lenders that would be willing to accept just a written…
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Mortgage Help - Getting Spouse Onto The Mortgage
Just after a little bit of advice. I'm going to ring the mortgage company later to get some info, but if anyone here can help that would be great! This is probably going to be a bit long, so thanks in advance for reading! Basically I bought a house 8 years ago, and the mortgage was put in my name only (mainly because my…
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Fixed rate coming to an end
Hi, I have a fixed rate with the Woolwich which is coming to an end next month. I called them this morning and the lady gave me some options. And input or advice would be appreciated! I have a £50,000 mortgage and have currently been paying £290.00 per month. I can go on to a tracker mortgage after my deal ends which is…
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what happens when you pay off your mortgage?
got 3 months to go after paying around £200 a month extra to pay it off early, and getting giddy about paying it off.:j What actually happens when you pay it off? do you get an invite into the Building society to receive your deeds or do you receive them by post?
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Mortgage Advice
Hi all, this is my situation. My partner and I own an appartment which has about 105k oustanding on it over 20 years. We would like to buy a second home and rent our apparment out - im aware that the mortgage will need to become a buy to let type. I earn 70k per year tax free (i work in the United Arab Emirates) although I…
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tax credits and mortgages:pls help
Hi Just to outline the situation: I want to apply for a buy to let mortgage, but need an income of at least £35k p.a to get a good deal. I have a 20-25% deposit (my savings). My current income is 30k p.a. I have my own property i live in and make mortgage payments for. My parents who are in their fifties have a v.low…
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What's the lowest amount you can re-mortgage for?
Hi all. Am a MfW and I reckon I'll have about £20,000 to go when I come to re-mortgage next November... Current 2 year deal is 2.99% with first direct... Would it be wise for me to hold back a bit with overpayments in case my remaining mortgage amount is so small that I can't re-mortgage and end up stuck on first direct's…
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Mortgage on Second Home Mother Lives
Good morning money savers I have moved in with my partner and my mother lives at my previous home, I own this house and pay the mortgage, my mother pays no rent. My current repayment mortgage deal ends in September and there are some much better deals, but will I have any issues under these conditions? (i.e. will I be…
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Which banks tend to honour their AIP's
Simple question - Are some banks more likely than others to honour the Aip's they have given customers? I.e will do a more thorough credit check before dishing one out. Thoughts please? Which banks are good and bad. Thanks
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Endowment - keep or surrender
Hi. I guess there's no definitive answer here, but was wondering just how risky it would be to keep our (my boyfriend's) endowment policy, or whether surrendering is advised to most people. He has received an offer of £2k compensation for misselling, which has led us to wonder whether it's also time to surrender the policy…
