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Bigger mortgage or bank loan?
Hi all, Maybe a bit of a 'how long is a piece of string' question but maybe someone has a feel for this sort of thing. I'm interested in buying a house (1st time buyer) but it would need a bit of work done to it so require funds. Would I be better off reducing my deposit and borrowing more on a mortgage over 30 years thus…
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two mortgage questions ???
Hi i have two questions about mortgages, am hoping someone would be able to give me some info?? 1- Is there anyone currently doing 95% mortgages in the market, if so does anyone know who?. 2- Ive had a joint mortgage with my ex partner, now am looking to get my own one. Do i start out as a first time buyer as its my first…
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why can't I keep two mortgages?
I have two mortgages with A&L (now Santander), one carried over from the purchase of my previous house, and the second for my current house - both fixed rate. When the fixed rate period on my first mortgage ended, it reverted to a Life Time Tracker, which is a very good deal. The fixed rate period on my second mortgage is…
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Sell or Surrender endowment????
5 years remaining on a 25 year endowment policy Would I get more by selling or surrendering?? And where to sell??
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Offset Mortgage & SIPP's
Hi all, Does anyone know whether any lenders will allow you to offset your mortgage against a personal pension? Love the concept of it, just cannot locate any lenders offering this facility. Thanks in advance for your help.
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Negative equity and struggling with repayments - help!
I currently own a property which I rent out. It is a two bed terraced house - I paid £70k for it four years ago and it is worth between £50-55k now. The rent I receive just about covers my mortgage repayments and my landlord's insurance which is fine if nothing ever went wrong but unfortunately it does. I rent it out…
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bankruptcy and mortgage
Due to failed business, credit crunch etc both myself and my husband have previously declared Bankruptcy. We are now in a much better position and want to know that given the following circumstances what are chances may be of getting a mortgage to allow us to buy a house that is adapted for a disabled child. Husband…
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Guarantor Mortgages Advice Please!
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worrying now, how much can we borrow?
We have had our house on the market for a few months, and looks like we are going to get an offer. We should have about £18k equity, which I'm hoping will be enough deposit (10%) for another house, the ones we have been looking at are priced about £170-175k. I earn £28k, DP earns about £14k self-employed (waiting for his…
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first time buyer
we are first time buyers should we go to a bank or broker does it cost to go to a broker and what deposit will have to put down on a 65k mortgage
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Removal of an ex partner from a mortgage
I have been trying to remove my ex girlfriend from a joint mortgage but my bank are telling me that she cannot simply be removed and that the property has to be revalued, and an entirely new mortgage in just my name with a new value has to be drawn up.... Is this correct ? I only want a my ex girlfriend removed, she's…
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Overwhelmed FTB - thanks in advance!
Hello moneysavingexperts I’m a long-time reader, first-time poster on this board and would really value your sage advice…. Myself and my partner are in the early stages of buying our first flat together. We have a deposit of at least 15% and are looking at properties in the region of £200K, so a total mortgage of between…
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Does a Bank valuation of property mean anything?
I did a re-mortgage application and the bank did a valuation on my property. I don't know why, but I very conservatively estimated my property to be £220k when it should go for around £250k. The valuation came back at exactly £220k! Do these valuations actually mean anything? I just plucked the £220k out of the air and it…
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Mortgage Booking Fee - unfair charge
I have been unfortunate enough to pay a £250 fee to a mortgage company called Godiva who subsequently refuse to loan. The reason for refusal is they claim the 100k mortgage is not secure as the flat (market value 160k) is near a commercial premises (restaurant). How can i fight this or get a refund, they state refunds are…
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Are there any possible mortgages?
After some advice. Looking to buy a property that is up for sale at the moment. It's up for 80k but refurbished the ceiling price on the road for a similar property is 150k. The reason for the price is has laid empty for a few years and has been vandalised. Graffiti on every wall. Kitchen and bathroom ripped out. Basically…
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Can my partner buy half of my house?
This has been solved Thanks
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Turned down for Natwest Mortgage...HELP!!!
I have just had a call from my broker to say my mortgage application has been turned down! She told me to run a credit report with Experian which I have done and Ive got a score of 999!!! What can I do???!!!!
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Mortgage advice
Hi, I've been accepted for a mortgage with my fiancee, but I'm unsure what mortgage to choose, if I choose a 2yr fix can I then change at the end of the 2 years to another provider if they are offering better rates? Should I choose a lender with a low initial rate or a lender with a low SVR. The best I have found with a…
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Mortgage application in process but now interested in another property
Dear friends, I have been looking to buy a property having lived on rent for 5 years now. I liked one property (A) on the market and noted interest on it through a solicitor, at the same time I engaged L&C to submit a mortgage application on my behalf for the property (A). The application is now with the underwriters and I…
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Remortage on DMP
We are currently on DMP and have our mortgage with Santander we have a fixed rate of over 6% which expires in 2013. We could save over £500!! a month if we can change to a tracker mortgage for 2 years. We have never missed a payment and I'm asking whether anyone knows if they'll carry out a credit check as we would be…
