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Valuation for remortgage
Hi, We are looking to have our home revalued after carrying out a loft conversion (adding a double bedroom, bathroom and large separate dining room). We don't have much of an idea of how much the house is worth. Nobody has made the same alterations in the area and online valuations from Zoopla and Nethouseprices etc vary…
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Can you add to your mortgage to do a loft conversion
hi all new to the forums and looking for some advise. is it possible to add the cost of a loft conversion to your mortgage many thanks
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% above BBR
When my fixed turn finished we reverted to x% over bank base rate, cannot remember at the minute what the % is without going look at paperwork. Should I be worried with lenders increasing their SVR ? thanks
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Turned down by 3 mortgage providers...
Hi I have recently been turned down by 3 separate mortgage providers, including my own bank whom I have been with for nearly 20 years. I have a 10% deposit and am looking to borrow £180,000. I earn £80,000 a year and have been in my job for 9 years. I ran an Equifax report and my credit rating is 511 which is apparently…
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Is this a decent mortgage rate?
I've been offered a tracker-to-fixed mortgage with the rates below, for a £1995 fee. The amount borrowed will be in the region of 330,000, with a 25% deposit. Year 1: BR + 1.79% 2: BT + 1.79% 3: Fixed 3.49% 4: Fixed 3.49% 5: Fixed 3.49% Can I do better? I've looked around, spoken to L&C, and can't find anything better.
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Should I look for another mortage from my current fixed at 4.89% ?
I am currently on a 10 year fixed mortgage rate that runs out in August 2015 with a rate of 4.89% Having looked around most rates seem lower than this at the moment. Should I be looking to renegotiate with Nationwide or look elsewhere. Also I have some credit card debt, should I think about moving this at the same time?…
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Have I made the right decision with rates?
I am a first time buyer, I have been through a mortgage broker who found the best deal for me was Natwest 2 year fixed mortgage over 25 years. the property is £160k and I'm putting in £40k deposit. The deal the adviser recommended was newest 3.15% fixed for 2 years with a product fee of £999 payments would be £578.46 fees…
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MSE News: Bank of Ireland to raise mortgage SVR
This is the discussion thread for the following MSE News Story: "Bank of Ireland will become the latest mortgage lender to raise is standard variable mortgage rate, it announced today ..." Read the full story: Bank of Ireland to raise mortgage SVR
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Am I better off overpaying or shortening the term
Hi I owe 80k and am hoping to pay it off in around 10 years. I am looking for a 5-10 year fixed rate that I can make overpayments on. My husband doesn't feel very secure in his job so we like the option of payment holidays in case something happens. My question is: Should I look at shortening the term of our mortgage and…
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Accord Mortgages
Hi, does anyone know if there is a hold up with Accord at the moment? We had our survey done a week on Monday and still haven't got an offer through. I called my broker this morning who said that they had stopped new applications last week due to rate changes, and that had resulted in a backlog, but he also asked for more…
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endowment
i dont know what to do! im struggling to pay my £80 a month endowment from my income support! its killing me, in five yrs time it ends being £25.000 short, i dont know what to do:mad:
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short term employment mortgage
i currently work on a rolling 3 month employment contract, i earn 28k per annum and have a deposit of 35k, i hope to get a mortgage for a property with a value of around 155k, is this possible on a short term employment contract?
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Credit Reports - New Mortgage
My fixed rate is due to expire later this year so looking to get my report sorted in preparation. I have a few credit cards and bank accounts with an overdraft on them but all with a nil balance. Is it worth getting most of these closed so they are 'settled' and to remove the overdraft on the bank account (I use this…
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Mortgage after IVA?
Hi all Any advice would be appreciated! I entered into an IVA just over six years ago. I clear this after 3/4 years and it is now 3 years since this has been fully satisfied. I now would like to get a mortgage. I have a good job now (Teacher), have a large deposit from the sale of my last house after my partner and I split…
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Alliance Leicester Mortgage Looking for advice
Hi there, On 30 June 2012, I will have 3 years remaining on a 25 year Alliance & Leicester mortgage to finish in 2015. I was simply looking to book a fixed rate out for the remaining 3 years. The Santander website quoted a 3 year fixed rate at 4.04% with no fee. But when I phone up I am quoted 4.49 as I am an A&L customer.…
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Can I get a mortgage if I'm not working
I am currently not working ( through choice ) and not claiming any benefits. I have a house which is mortgage free but have seen another I would like to buy. I have a deposit of over 60% and would be able to clear the mortgage when my house sells. I was thinking of putting enough aside to pay the mortgage on the new place…
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Advice please re motgage for a 78 year old
My lovely Mum is looking to re-mortgage to pay off some debts and up-date her home. She currently has a 24,000 mortgage with the Halifax. Her home is worth beween 350,000-400,000. She bought it for 300,000. Please can anyone advise as I have approached lenders who have said she is too old and the thought of equity release…
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Flat above a shop
Hi, I just wanted to check that I'm getting this right... A flat has just come on the market which is in my price range (I'm a FTB with only 10% deposit), but it is above a newsagent. I had been looking at Post Office mortgages as they seem a reasonable deal, but I noticed in their lending criteria that don't accept…
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A good book for those considering a lifetime mortgage?
Hi, Can anyone recommend a good book for someone considering a lifetime mortgage? I understand the basics, but I would still like to learn as much as I can before committing to one. There are aspects of the subject that I am vague on, such as how things like future inflation, and property appreciation/depreciation, affect…
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NRAM direct debit problem for March '12
Morning all, Apologies if this has been posted by someone else already. It would appear that NRAM have had a major problem in collecting March's direct debit from customers. I should know, I am one. My payment left my account on the 1st as normal and was paid back to me on the 5th. Upon enquiring, the agent at the contact…
