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Buy-to-Let Mortgage for Property Abroad
I'm hoping to purchase an investment property abroad (probably France or Spain) and I'm looking for advice about getting a buy to let mortgage. My intention is to have a repayment mortgage so that in 20-25 years time, it's paid off and providing me with an income. My home mortgage is currently 50%, so I intend to leverage…
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credit card balance and impact on mortgage lending amount
Hi, We're looking to buy our next house and therefore re-mortgaging. Between us, we have around £15k of credit card debt (university). My question is, how does credit card balances impact the maximum a bank will lend. I have about £13k of savings (instant access-ish), which I could use to pay down the balance of the credit…
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Chances of HSBC Mortgage being approved?
I have a Mortgage Certificate (decision in principle) from HSBC and have just had an offer accepted on a house. The next stage is to hopefully have the mortgage approved, but there is almost a two week wait before I can see the HSBC mortgage manager. In the meantime I have been doing some research and I keep reading that…
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ybs
Been a ybs mortgage customer from 2007, i have noticed over the last six months they have been pushing up their rates for existing customers and now they have cut the deals to just fixed and have no trackers available, this is a move from what they did have. When you look at new customers deals they are around 2% less on…
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Kensington Mortgages
Please find below a brief description of my problem with Kensington Mortgages Ltd. 1) Me, My wife Selvy and our 2 children live at Harwell. We run a small News Agent business from here. This is a leasehold property. 2) We have our own 3 bedroom house in New Malden Surrey, in which tenants living which is mortgaged to…
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What Would You Do?
This is the situation. Want to buy a house for £165,000. Have £120,000 set aside for a house Could find another £45,000 if necessary but would rather not touch this money Live in a mortgage free house which is up for sale. Would you re-mortgage the house for £45,000 and then rent out or just wait for a buyer? Would you use…
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MSE News: Co-op launches lowest-ever five-year fixed mortgage
"The deal has prompted brokers to suggest homeowners consider fixing their mortgage given the ultra-low offers available..." Read the full story: Co-op launches lowest-ever five-year fixed mortgage
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Mortgage - surveyors HELP!
Hi, We're currently trying to purchase our rented bungalow. We're concerned that as it isn't reg building materials (metal and breeze block) we will struggle to get a mortgage. I know the standard advice is 'don't go there'!! But we love it here, can't find anything else and are crazy enough to take a risk! We can't get a…
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Solicitors Letter...
Im sorry if this seems like a really silly question. My solicitors have asked for details of where my gifted deposit is coming from, not an issue given names and addresses etc. Called the solicitors and asked what the letter will say as my grandparents are coming up for 90yrs old and want to forewarn them as they can get…
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Moving Home and so confused over mortgages
Im currently looking to move home from my current house to a new build through part exchange with possibility of shared equity. the home im in currently is worth around 78k. The home im looking at is wirth 200k When i first bought my home here it was all done through nothern rock, and was 100% mortgage. Now im looking to…
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Mortgage after getting a new job
Hello My partner is currently at Uni (due to finish in May). She has been working part time at the workplace we worked at for 3 years full time before going to Uni. When she gets a full time job, would we be able to get a mortgage straight away, or would we need to wait x amount of months before we would be accepted?
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Endowment, Sum Assured
Hello I know this type of question may already be out there but its a minefield trying to decipher the relevant information so i thought i would just ask my questions instead. I have a Standard Life Endowment policy (35K ish) that i took out in 1992 when i bought my first house. I since paid off the house circa 2002 but…
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Solicitor Mortgage money laundering
Hello I would really appreciate some advice about a mortgage I'm currently in the process of getting. I have got to the stage of nearly exchanging contracts but prior to this the solicitor needs to make sure the money laundering bit is covered. They initially needed to see how I was funding the deposit and I had that…
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info please
i have just filed 3 complaints of miss sold endownments to standard life , abby national and scottish ammicable . abby has been running since 1986 , standard life since 1995 , and amicable since 2002 . do i have a chance of compensation . i was told at the outset that it was the only type of mortage i would get because of…
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Move to fixed rate after 1 month of Tracker? (Co-op)
I've just seen that Co-op are offering some cracking fixed rate deals, my currentl LTV is 75% so I could get a fee free 5-year fix at 3.39%. I have only just moved to an HSBC tracker at 2.79% plus BOE rate which is 3.29%. Would it be worthwhile moving to the co-op fix which gives me the peace of mind, there are no…
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Old bankruptcy file
Hi, I have had a FirstBuy scheme agreed, a mortgage offer from Nationwide in writing, everything going through and exchanging today. Just reading forums on here though has got me worried. 10 years ago I was bankrupt. This is now not on my file, and my credit history/file is very good. I notice the solicitors do a 100 year…
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Looking to the near Future (realistic mortgage application)
Hi, My wife and I are looking to buy a house in around six months time, or at least secure a mortgage to then start looking, I was made redundant from my last Job (34K per Annum)recently which has enabled me to pay off my modest debts (around 5k) and my wifes credit card (about 5k) im left with about 70K to use as a…
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Brighton mortgage broker
Hi there, I'm looking for recommendations for a Brighton-based mortgage broker. Thanks! Ben
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Hello Guys
I just joined in and would like to greet everyone here, how are you guys? It's great to be here and be a part of this community.:beer:
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My bank wont let me change my loan to a mortgage.
Hi I need some advice as I have got myself into a situation. I have previously bought and renovated buy to lets successfully so thought I had the hang of it but with my latest purchase it has all gone wrong :-( Previously I had a very good mortgage broker and everything was fine with my other properties but with this…
