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Seperated from Girlfriend
Hi all, im 23 and me and my Girlfriend of 4 years have just seperated. We have a 2up 2down terrace house togethor with a 68thousand pounds left on the mortgage. She is willing to sign the house all over to me and I would like to keep it as Im being told if i do sell it it would be hard to get back on the ladder in the…
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Nationwide fixed till 2012- get out ?
In 2007 we fixed our Nationwide mortgage for 5 years at 5.63% which ends in Nov 2012. I have just had a look at some of the rates and they are in the 2% region. Is it worth looking into getting out or should I stay ?
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Do I need Pay Slips for Mortgage Application
When applying for a Mortgage do I need to provide copies of Payslips or would Bank Statements for the last 3 months suffice.
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Mortgage Deal Coming To An End
I am currently with Nationwide on a 3 fixed on 5.98%. This deal comes to an end in December then reverts to a variable rate currently at 2.5% (because it reverts to a Base Mortgage Rate guaranteed to never go above 2% of the base rate) Should I let my mortgage revert, or should I go for a 5 year fixed deal at 3.89%, which…
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Mortgage Endowment
We bought an Endowment policy from Guardian Royal Exchange (Freedom for Homebuyers) alongside a mortgage from Abbey National in 1992. We sold the house in 1998 and the mortgage was cleared. The endowment policy ceased at the same time and we expected a refund of monies paid into the endowment, as had been promised when we…
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Taking over half a mortgage
My girlfriend owns a flat with her sister. They now want to sell. However, they've been told they'll need to sell at almost a loss in order to get rid of it. My girlfriend is not keen to do this and wants to hold on to it for a few years, her sister wants to get rid of the place no matter what. We're thinking of looking to…
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Application for change of title declined
Hi, I recently applied to my mortgage provider remove my ex partners name off my mortgage and was declined. Their reason for declining was : We cannot count your shift allowance or location allowance as a stable income. Now my mortgage is relatively small currently sitting at just over £120k. My income PA everything…
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Woolwich mortgage offer-how long is it valid for?
I applied for a new mortgage with my existing provider so that I could take over my current joint mortgage. I had the mortgage offer verbally confirmed on Friday and the paperwork is in the post currently. I have just spoken to my flatmate (who instigated the buy out as she wants to leave the property) and told her the…
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Help!!!!!
my ex reduced his maintenance by half a couple of months ago, which ment that myself and my partner would struggle to pay the mortgage, this has gone worse as my partner suffered a heart attack 2 weeks ago and can not work for the next few months till he recovers as he is a hgv driver. This means that our joint income is…
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Help!!!!!
my ex reduced his maintenance by half a couple of months ago, which ment that myself and my partner would struggle to pay the mortgage, this has gone worse as my partner suffered a heart attack 2 weeks ago and can not work for the next few months till he recovers as he is a hgv driver. This means that our joint income is…
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help!!!!!
due to my ex reducing his maintenance by half, my self and my partner were going to struggle with the mortgage payments.....however, my partner suffered a heart attack a couple of weeks ago and can no longer work for the next few months, this means we will not be able to afford the repayments. The mortage is in mine and my…
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What sort of mortgage could I get?
Ok guys I currently have a mortgage of £100,000 on a maisonette I'm selling and wondering whether to transfer this to a new property (which I have only just begun looking) or whether to sell first then buy a new place with the lump sum I get as a deposit? Income is currently £18k, deposit is likely to be between £20-30k.…
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FTB with big deposit. Good time to tie into a fixed rate for 10years?
1st time buyers here. Doing some research today on some comparison sites it seems Yorkshire Building Society would be able to offer us a 10yr fixed at either 4.19% (with extra set up fees) / £623 per month or 4.39 (with minimal setup fees) / £632 per month. As interest rates are likely to be the lowest they will ever be,…
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FTB with big deposit. Good time to tie into a fixed rate for 10years?
1st time buyers here. We have saved up £20k of our own cash, and are luckily being helped by family to increase our deposit stake. Originally was an additional £15k but have had the offer of a further £5k to bring our total deposit of £40k on a house worth £155k. When we had the £35k deposit in mind, We were eying an ING…
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Best approach to be accepted for mortgage?
Hi everyone, can anyone give some advice on the below scenario? OH and I are looking to buy a property and have a deposit of between 30-35% (depends on how much we can get the price down by). We'd need to borrow around £280k, which is 2.25 our combined salaries (excluding bonuses), and are looking at a deal from HSBC. We…
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Conveyancing fees?
It's been quite a while since I've bought a house. A quick search suggests that the fees range considerably. Is it a case of "you pays your money....." or is it because it is largely impersonal and done on line (which suits me)?
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Maximum Mortgage
My daughter is looking to buy a 3 bedroom flat in London. She is single and would rent out the other 2 bedrooms. I will gift her the difference between the purchase price, (less savings), and the maximum mortgage available. Would the income from her flatmates make any difference to the maximum mortgage offered, or would it…
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Got Mortgage offer but better rate now avaliable
Hi, We have received our Mortgage offer from ING Direct for a 3 year fixed at 3.99% until 30/9/2014, was looking to sign and get it posted off today, however just checked and ING are now offering a 3 year fixed at 3.69% until 30/10/14. Everything else looks the same. We have early repayment charges, on our current deal,…
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Porting a mortgage
I am a pensioner heading rapidly towards 70. I have no income apart from my Pension Credit payment of £132/week. My current flat is worth approx £150,000 and I have a mortgage with £35,000 left to pay over 6 more years at a fixed rate of 5.89%. I have to downsize and pay off various debts. I have found a retirement flat…
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Lender's rate has reduced since I began application - can I take advantage?
Hi I have completed much of the mortgage application with YBS and booked onto the 3.99% 5 yr fix, which back in June was market leading. I have stalled the later stages of the mortgage process (I've done all of the credit checks, proof of income etc) due to house sale falling over. With 2 weeks left of 90 days grace lender…
