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need to raise 15k
i need to raise around 15k and I dont have a clue what the best way to go about this is. Can anyone with a bit of money knowledge help. credit card is out, and we already have 2 loans which both finish in feb 2013. our property is paid up and wondered if it would be sensible to take 15k out against the property and if so…
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Mortgage Newbie, how much I can get
I've read the Mortgage guide on this forum and as I understand loan companies normally offer 3-4x of salary. A typical salary in London could be a, let's say, £30k. With this the max amount one can get might be £120k. With £120k you can't afford a rat hole in London. So my question is how do people manage to buy house in…
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How to go 'straight to application'?
I've been turned down for one mortgage, and some people here, and my IFA, have said that I should apply with another lender, but this time go 'straight to application'. What does that means and how do i do it?
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Confused FTB/ cash buyer
Please could someone advise as to whether it is feasible/ possible to buy a house for cash and then mortgage to pay back family who lent us the cash? We plan to consult our bank and broker but would appreciate a bit of info before we do. We have seen a house we like for £135K. My partner's family have been amazing and…
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Renting house out & buying another...
Just a quick query. If I have a mortgage on a property and I rent it out, would the income from that be added to my overall income when applying for a mortgage for another property?
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Poor credit mortgage
I'm looking at buying asap, however still saving at present. I have an adverse credit file which includes a settled default. This was settled over 5 years ago and will therefore come off early next year. Other than that I have a loan which I'll finish paying next month. Unfortunately, on this loan I had an arrangement to…
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Advice regarding separation please.
A very common situation I'm sure but basically I split from my partner back in March this year and our house has been up for sale since. My ex partner had been contributing to half of the mortgage and insurances until this month and she has decided not to pay. I knew this day would come. The house is in negative equity.…
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First Time Buyer needs abit of help.
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Conveyancing...
Does anyone have any idea how long the conveyancing process can take in Scotland? Thanks Craig.
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Scottish Building Society-self build
Currently looking at self build mortgages but few specialized lenders seem to lend in Scotland. Does anyone have any experience of this lender or indeed any others in Scotland? Also, we are purchasing the plot from a relation as a 'below value sale' will this work to our advantage with the mortgage? I have heard of below…
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Re-mortgaging within 6 months of purchase
I hope you can help me. I bought a property at auction in April and have been happily beavering away, getting it renovated and up to scratch with the intention of renting it out and re mortgaging - freeing up some equity to move on to the next purchase. I have been told by the mortgage broker I spoke to that I would have…
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Santander advice i get a solicitor
that should be advise..... sorry ! :-) anyway...... In order to add my name to my wifes Santander mortgage, they have insisted we must hire a solicitor to take care of the deed paperwork. Today they sent us a list of solicitors in our area to choose from and said that we must use one of their registered solicitors. Before…
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Buying a holiday home
Hi, wanting to buy a holiday home, but don't seem to be any mortgages to suit me. My partner and I are mortgage free, but we own our home as tenants in common. This means the mortgage companies can't take a charge against it. I have a 15% deposit and can easily afford the repayments. Can anyone offer advice? Thanks
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Overpayment on Interest only mortgage
Hi Folks, I have an interest only mortgage and currently no endowment or means of paying off the capital (but that's for another thread) Can anyone tell me if there is any advantage at all to paying extra on my monthly payments , bearing in mind it's only the interest we are paying? Thanks
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TOE on a consent to let Nationwide Mortgage - is it possible and costly
Hi There, Wondering if anyone has advice. I have a joint mortgage with my ex partner, interest only for £100k, house probably worth £105-110k. Neither of us paid any deposit. Have a consent to let for three years. We have split up and I would like to transfer the mortgage to me only. I can afford the mortgage on my own…
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Help with mortgage application!!
We have had a mortgage with Natwest for five years and applied for a new mortgage last week, including porting our existing rate etc. I had a call from the advisor today informing me that our application had been declined on the basis of (in their words) 'a heavy dependency on an overdraft and poor misconduct of the…
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ex wants half the mortgage money
Hi my brother has split from his GF and they jointly own a house which he now has moved out of they have a 3 year old child and his ex is demanding he pays half the mortgage plus £200 a month for the child is she allowed to do this??? He has the child more than 2 nights a week and paying her this amount plus the bills on…
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Nationwide Flex account mortgage
Hi my first post on here, having always had fixed rate mortgages & im tempted to a tracker. The reason for this is my life has went through a few changes & I dont want to be tied in with redemption fees as im thinking I may move at a later date. Can someone please look at the nationwide flex account 5 year tracker? no set…
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FTB mortgage application
Hi Folks, I was here a few weeks ago asking about vendor paid deposits and many of you where kind enough to answer my queries then (thanks :D ), although we didn't apply in the end as the scheme only had a few days left to run, and it was just too rushed. So i have a new query for you all, if anyone would be able to help…
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ground rent
just about to complete on a remortgage, but solicitor wants proof ive paid ground rent on leasehold prop, but i dont no who I should of paid it to, as my neighbour collected it and sent it, she died 6 yrs ago so never been collected since then.
