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When applying for an HSBC mortgage...
...is it better to do it in branch, online or by phone? Do you get a more personalised service in branch, or do the in branch staff just do the ringing up the mortgage call centre for you? Thanks
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New Buyer looking for some basic advice
Hello everyone, I'm currently 27 and have been renting with my partner for a good few years now (I have never owned a house). She already has a mortgage with her ex husband that is in negative equity so she is out of the equation for getting a mortgage. I earn 27k a year and have zero debt (credit card/loans etc). I…
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How will loan affect my credit?
Dear all My partner and I are looking to buy a house, in the region of 104,000. We have a 26,000 deposit, and we are first time buyers. I however have had 2 ccjs, which are paid off and will be off my file as of next month ( been on 6 years ). And I have a welcome loan, which was a joint loan, which is being paid off but…
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After Valuation
Hi all, currently waiting to hear back from Nationwide about the progress of our application. We are completely in the dark we haven't had any communication through email or text to say it's valued up (valuation was the 5th September) luckily I've been in good communication with my mortgage advisor who said its valued up…
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Finding a Mortgage Broker
Hello, I recently contacted London and Country mortgage advisors and got a decision in principle for how much we could borrow. Now I have registered with a few estate agents to start viewing properties, a couple of them have enquired about my decision in principle and then said that it's not a valid decision in principle…
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Can someone explain this LTV scenario?
Hi all, Please could someone explain this basic mortgage situation for me? I think it comes down to my lack of understanding around loan to value (LTV). Say I owned a £100k house outright. If in the future I wanted to move out of my current house and buy a £200k house, what would I need to do about a new mortgage? 1) Take…
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Should we look for a new mortgage deal?
We are currently 4 years into a 10 year fixed rate with First Direct at 5.15%, 30% LTV with an early repayment fee of £1800. There seem to be loads of cheap fixed rates about, 2.64% with HSBC, and think it might be worth swapping. Anyone got any thoughts?? Is it a lot of hassle for marginal gain? Thanks in advance.
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In a right pickle!!! Any advice re BTL?
Hi All In a bit of a pickle and been to see 3 mortgage advisors and getting different advice all over - can anyone clarify what is the best way forward for me. Renting from a private landlord who has agreed to sell the property to me for £122,000. I have 25% deposit (£30,500) and my partner owns his own property outright.…
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Paying back shortfall after AVS
Hi... This is my first post so not sure if it's in the right place!! Hoping someone would be able to shed some light on this. My partner has just started to consider assisted voluntary sale as a last resort. He will have a shortfall of approximately £30k after the sale so wondering how it is that gets paid back afterwards.…
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Mortgages, solicitors ect, First time buyer
Me and my partner are hopefully moving to our first home together (my partner has had a house before) but i'm a first time buyer. We've just had our offer accepted on a property and today was meant to be finalising our mortgage (Natwest through Frank Innes) unfortunately to be told going through our Estate Agents the…
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Looking for advice :(
Hi everyone, I currently have a mortgage with Kensington for a property that I no longer live in. Its an interest only motgage and not a chance I am ever going to be able to sell it for what I paid. I am really strugling to make payments as I no longer live there and letting it out is also not an option. I am moving to…
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Mortgage and DMP advice?
Hi, I am just after some words of wisdom please as I dont really know where to start :-) DH and I are on a DMP and have been for about 5 yrs. We each have one default from August 2011. We are now in a position to either pay the whole DMP off now or keep our savings and pay off the DMP in the next 6-9 months. Since the DMP…
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Kent LA Mortgage Scheme
For info in case it's news to any mortgage brokers local to Kent. http://www.lawgazette.co.uk/news/council-lawyers-create-first-time-buyer-boost
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Mortgages with no ERC' s ?
Hi all, i am currently looking to sell my house ( no mortgage ) and buy another house. I have a large deposit for house. house price agreed at 115 k deposit 55k house selling roughly 83k. So my question is when i sell my house i would obviously ( i think ) just pay mortgage straight off. So is it advisable to only go for a…
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Do I need to be at valuation?
I've just had confirmation that a valuation has been booked (via Nationwide) and it reads: You do not need to be present if your valuation is an External Inspection only. What does this mean? Do we need to be there? I assume it is internal and external...
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BTL Mortgage - Have big savings but no job!
Hi all, Looking for some feedback on buy-to-let mortgages. I’m just starting some research and I’ve been reading a lot of threads on here. I’m simply looking for a better way to spend my saved cash and looking for investments for the future. Interest rates for saving are low so the return is pretty poor and the cash is…
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Shall I go ahead or wait?
Hi Getting on a bit and have been thinking I should grow up and buy a home! I live with my 12 year old daughter. I earn £33300 pa, get child maintenance and CBenefit. After tax and inc mainteinance, my monthly take home is £2430. (£2113 wages). I'm looking for about a £90,000 mortgage and have a deposit of around £85,000.…
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Renting a house out while on fixed-rate...
We're nearly a year into a 5 year fixed-rate mortgage with the Nationwide. Good credit record etc. Husband may be offered a really good job which would take us abroad for between 3-8 years. What is the likelihood of Nationwide agreeing that we can rent out the house during that period without switching us to a buy-to-let…
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Flexible mortgage & o/d facility
Hello, For the last 12 months I have been having a very big problem with Barclays and I don't really know how to solve it. wonder if anyone out there can help me please. I had a mortgage with Woolwich plc which is now Barclays plc for £220,000 in 2008. This mortgage had with it a current account with an overdraft facility…
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Am I mortgageable?
When I bought my first house back in the early 1990's it needed some work so my then wife and I took out a couple of loans and made the necessary improvements. We sold it a couple of years later for a healthy profit, cleared the loans and so the cycle began. By the end of 2006 and six houses later our marriage broke up…
