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Can I move early onto Halifax SVR?
Hi I have seven months to wait until my fixed rate with Halifax ends and I have a ERC of around £700 at the moment. Would Halifax let me pay the ERC and move onto their SVR, saving me around £200 per month? :money:
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How long to wait
Hi there In the process of selling and buying mortgage applied for all forms bben filled in and sent back to solictor etc. Our valuation is being done tomorrow on the property we are buying. Was just wondering have heard nothing from our purchaser on when the valuation for them on our property will be done been over 3wks…
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Halifax - consent to lease conundrum
Hi hopefully someone can help, I'm going round in circles! My circumstances have changed and I'm having to rent elsewhere short-term. Initially this is for six months, but ideally it would be for three years (also giving me chance to save up to sell my current flat and relocate). I bought my flat for £105k in 2005 and have…
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Can i get a mortgage?
Im trying to get a mortgage, Ive already had one application turned down and so now im with a broker who has said he can get me a mortgage. He wants to first try nationwide as im still in my bankruptcy term until the end of the year. My situation. Discharged from bankruptcy Nov 2006. Current earnings 25k plus commision…
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Completion day!
Hi, Our solicitor has told us we will complete on Friday, I am just wondering whether everything has been done? Deposit is transferred, Solicitor paid, Contracts all signed with both parties, Home insurance in place, Mortgage provider has said money is ready for release. Is there anything else I have forgotten? Really want…
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Can I use existing property as security/deposit on another
I fully own my flat it's worth around 40-60k (not been valued since I bought it - basing the figure on initial value and selling prices of others in the area currently) I've seen a house I would like to buy, I can afford a mortgage on it fine but don't have the initial deposit. Can I secure the new house against my…
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Financing a house extension
I am thinking of extending my house but I don't have a clue as to the steps involved. I know I'll need planning permission and drawings and some quotes before I approach my mortgage company but I'd be grateful if someone who has been through this could give me a step-by-step guide as to what to do. regards skinner
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Remortgaging a property you don't own?
Hi there, I wonder if anyone can give some advice please. Briefly, my parents own their property outright. They recently looked into equity release schemes as they would like to free up some cash from their property but don't want to downsize. Thankfully they have realised that, financially, equity release is a really bad…
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2nd Time buyer confusion!
Hi, I am a 2nd time buyer, but sold me previous property 5 years ago and have been in rented accomodation since. I have received an AIP from Halifax (£87,210), but have now read horror stories of their "soft footprint" AIPs! Bit of background, I earn £22,000 plus an annual 10% bonus, have a loan repayment £300 per month…
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Debate: Taking a Tracker Mortgage is a Good Bet!
Any thoughts on the debate question: "Taking a Tracker Mortgage is a Good Bet"? I'm in the process of remortgaging and after spending almost 15 years on fixed rates because I wanted the certainty I am actually considering a tracker. My current fixed (deal ends June) is 4.49% so not horrendous but higher than my current…
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Repossession court case
Despite paying back the extra amount asked for by Barclays they insist on taking me to court. They do not respond to my letters. Has anyone experience of these hearings? Is the house taken from you there and then or do you have further means of redress? Thanks
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what to do with my endowment?
Due to repayment of my mortgage, my now unrelated endowment policy has seven years to run, but my mortgage will be paid later this year. I essentially have a non-mortgage tied endowment policy, which although has performed really badly over the years currently has a sizeable value. I see this value as long term and don't…
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What happens at end of interest only mortgage
What happens at the end of an interest only mortgage if there is nothing in place to pay off the capital? Found out a friend is doing this and doesn't know what then happens - he's not too bothered as his mortgage is cheaper than local rents so that's how he's looking at it. But I think he needs to start making some plans?…
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low paid
my daughter £15,000 per year what chance has she of getting on the property ladder. she pays £396 a month rent, then theres other outgoings council tax. water, gas , electric,atthe end of the day its a struggle for her to make ends meet, she works long hours and she thinks she is just not getting anywhere having to rent,…
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HELP With first time mortgage..
Hey guys and girls, Ive been trying to sort out my credit the last few months as me and my wife want to buy a house, in 2007 i was issued with a ccj which was my own fault as i did not leave a forwarding address and have not kept on top of my creidt file till around a year ago.. the ccj was £152 for the water board its now…
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Marathon runner needs some help over the last hurdle...
Hi, Can anyone advise? Like some others, I thought of my mortgage as a 25 year marathon. I didn't realise that you could overpay/reduce the term etc. So several years after my light bulb moment (thanks Martin for the overpayment calculator & MSE posters), with much work, I hope to be in a position this autumn where the…
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remortgaging to buy to let
I have a property which I am renting out due to not being able to sell & want to remortgage to a buy to let mortgage as I have relocated & want to purchase a 2nd mortgage property in my area eventually. after researching I think i owe just below the value of the property, I dont really have any savings apart from money for…
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Anyone struggling with HSBC solicitors?
I am just in the process of looking for a mortgage. My existing mortgage is with HSBC and is a great rate! I am now moving house, and I've been looking around. Surprisingly, I think HSBC are still offering the best mortgage around - 2.69 tracker for lifetime (2.19 above base for life!). However, my estate agent just…
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Mortgage - partner has a default from 2010
Hi there, I hope someone can advise! With a joint salary of 48k and 10k deposit partner and I were looking at a house on the market for 165 (overpriced, would hope to get it for 150-155) and we have been speaking to a mortgage advisor. Partner didn't realise she had a default from 2010 which was from a credit card about…
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Guarantor Mortgage/Wait 3 Months
Hi guys, You may have seen a previous post from a week or so ago about my situation regarding mortgages. Basically my girlfriend has a teaching job lined up for September but as she is a student at the moment, we can't get a mortgage without a 20% deposit until June. Even then the mortgage offer that we could consider…
