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Any single parent MFW Diaries I can read?
As the title says, I am looking for some inspiration.(SP?) I am a single parent with two young children but would like to over pay my mortgage, even if just a little. Wondered if there are others in a similar position to me? I would love to read those diaries for some ideas. Thanks in advance. Merry Christmas x
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Consent to Let - Problems with Deeds
Hi guy, looking for some advice. I have a flat I'm considering letting out. It's a nice flat and should hopefully attract a rate which would just cover my mortgage payments; in other words I won't be making any profit from the venture. My only problem is with the deeds to the flat... I purchased the flat in a regeneration…
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First Time buyer - no deposit
Hi All, after some advice please, please bear with me as its not straight forward! I am buying a plot of land from my parents which is adjacent to there house with permission to convert it into a 1 bed studio, buying for £50,000 and it will cost £30,000 max to do the work, it will then be worth at least £120,000. I earn…
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Mortgage advise - applying for a second
Hello, I hope someone can help - I have been reading this forum for a while now for advice! My partner and I are looking to buy a home for ourselves. I currently have a flat with £49,000 left to pay back and he has a flat, mortgage free. We would like to keep both flats and take on another, joint mortgage. I am self…
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Purchase price - Vendor paying 5%
Hi there I am about to exchange on a property, the purchase price is £175995 , Taylor Wimpey are paying 5% ,I have 15%, so HSBC have given me a mortgage of £140795. The Valuation came in at £167195 -And on the survey the £8800 incentive is mentioned. So I guess they treat the 5% as a discount in theory. My solicitor is…
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Success stories after +6year CRA issues
As the title suggests really are there any success stories from people who have had defaults / ccj's drop off their account after 6 years who have successfully got a mortgage after this date ?
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Offset vs overpayment for future house move?
We have a house worth about £100k and our Mortgage balanceis 85k. I am looking to invest about £2600 a month into the mortgage(basic payment is £460), either as over payments or into the offset. We are aiming to clear the mortgage in 3years. After 3 years, we will be looking to move into a biggerhouse, probably about…
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Ex-IVA - looking for shared ownership mortage - possible?
Was hoping for some input from those in the know... I completed an IVA in late 2009 by way of full and final settlement, all defaults and any negative markers came off my file Autumn 2012. I have 3 x credit cards (taken out early 2010 and later) and 1 x store card which are run impeccably - used every month and balance…
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Buying out partner - help pls
Hi, I'm after some advice please. Looking to buy out ex-partner. We're Mortgage free and not married. Without going into amounts in detail. I think I need to find funding (new mortgage) to raise capital for: Her initial deposit + her share of the mortgage per month times the number of payments made (off the capital, not…
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Credit score maiden name issues
Hello, My wife and I are hoping to get a mortgage with Nationwide. I believe that they use Experian and so we checked her file. We discovered that she was recorded as being registered on the electoral roll at our old address, dates:05/2009 to 10/2012 (we moved in April 2012 and are on the electoral roll for our current…
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Mortgage and Nursing agency work
My partner and I are looking to buy a house next year. We both work in the NHS. He has been in his current job for 15 years. I have been in my current post for 3 months but plan to leave. I was previously in one unit for 4 years then in January of this year left to move to another unit for 4 months before leaving that unit…
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How long does it take to remortgage, and what are the 'costs'?
Hi, a couple of questions. Next year I will need to remortgage our house. I will be swapping providers. Standard house, 80% owned, clean credit history, so can't see anything weird and wonderful to cause problems. How many weeks do you reckon before my current deal expires should I start looking and making arrangements?…
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Not allowed to stop overpayments!!!
I was talking to a chap at work today about mortgages, he's been overpaying on his mortgage but now he's split with his partner has asked if he can go back to paying the normal mortgage rate as the house is up for sale and the bank has said no! I am in disbelief as I thought that over payments were voluntary and that if at…
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nationwide mortgage big worry for my mum
hi all hoping you can help if this is in the wrong forum i apologise but i really need some help The situation My mother who is disabled (ms progressive) has a mortgage with nationwide with about £12k left on and about 6 or 7 years to run. She pays this monthly via mostly a payment through her ex husband (my dad) My dad…
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Retired House Buying and Selling
My wife and I are 70 years old and own two houses on which we have modest mortgages. We have pension incomes only. We would like to free some of the equity from one of the houses in order to improve and enlarge the other house so we can move in and make it our only property, selling the first one and settling the loan. We…
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Credit check question - addresses
Hello, My boyfriend and I are hoping to get a mortgage in the very near future. We are first time buyers. We hope to do this fairly quickly as we have seen a property we are interested in. I have been reading around the subject and have a question about the credit checks that mortgage providers will do. We have been living…
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Do youngsters need credit history to get a mortgage - advice appreciated
Hi, my daughter will be wanting to apply for a mortgage in a couple of years time and has asked whether she should get a credit card now to build up some credit history. She has had a bank account since the age of 14, she has never borrowed any money and she is in full time employment - so we guess she has no credit…
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mortgage deposit problem
hi a family friend is willing to lend us a large sum of money towards the deposit to help us buy a house. now before you jump in and say that the mortgage lender wont like this... let me go into a bit more detail. the place we want to buy has a large plot of land that we would like to sell some of.. the family friend is…
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Cheapest 5 Year Fixed
Anyone tell me if there is a good 5 year fixed out there? Seen the britannia at 4.1% APR with a 999 fee Any better ones out there. I have a 60% deposit looking to borrow £150k ish
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Mortgage help - small claims court
Hoping for some advice/help! My husband had a mortgage with his ex partner and when they split up, she insisted she kept the house and he had to move out, give up his key etc and was allowed to take nothing they jointly owned. Her father agreed to take over my husbands share of the mortgage and agreed to have it put in his…
