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Fix or stay on my "dodgey" BBBR Barclays tracker
I have a 2.18 plus BBBR 0.5 lifetime tracker with Barclays/Woolwich. Currently paying 2.68% Now the problem is the BBBR is the BarclaysBankBaseRate which is not guaranteed to follow the BoE rate. I could take one of the 5 year fixes (2.79%) for example..OR do I trust Barclays wont ramp up their BBBR and keep it following…
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Remortgaging advice
Hi, this is my first post so hopefully I am in the right place. I was wondering if I could ask some advice on remortgaging please. I am currently in a parent child mortgage with my mum, but could now apply for a joint mortgage with my fianc!, however I am confused by the debt to income ratio. Is it just credit cards and…
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Is it worth chasing?
Hi. I'm new to the forum so please be gentle! I have just had a company talking through everything about me being mis-sold an endowment. I didn't realise people were claiming for these, I just thought it was the PPI stuff. They (obviously) thought I might be due some compensation. However, I took the endowment out in 1992…
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ways to increase the amount to borrow
Hiya, my partner's basic wage is about £40k and this year with over-time he has had about £53k but if you put that into the Halifax calculator it says we can borrow about £210,000 but if you say his basic is 53 you can borrow much more. We need to move in about 2 years and by then he might be on 53k but not sure yet. His…
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Can/should I remortgage away from Accord?
I am looking a fair distance ahead (end of year) but want to start my thinking early on this one. I am currently on my third successive product with Accord, a 2 year fix at 3.49%. I have had to stay with them before as unable to prove adequate income but have been slowly paying down the capital amount outstanding such that…
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How to get a mortgage on this house?
Hi all, Wondering if you can help me with whats turning out to be a complicated motgage! My husband and i are attempting to buy his mothers home. shes in her early 60's and is widdowed. My husband is also an only child. Her home is still the family home and she simply cant afford to live in it. My husband and i sold our…
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Returned Direct Debit Fee?
Hi Everyone Thanks for reading! I'm looking to find out how much banks/ providers charge for the above. A google search does nothing for me and I have looked at many websites and have found nothing. If anyone can tell me what the charges are for each or any bank that would be great! I'd also like to see a copy of the…
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Chances of getting a mortgage
Hi All, I was wondering if anyone can give me their opinion on what they think the chances are of me obtaining a mortgage on a shared ownership scheme of say about £60,000. I earn £35,000 per annum, I have two credit cards with only £800 outstanding in total and have lived at the same address for 6 years. My credit report…
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undecided what to do
Hi All I have a btl mortgage which was a 5 year rate - fixed at 6.29% (ouch) with bank of ireland (2 years left on fix) I can overpay nearly 10,500 before march 31st with the product I have I have £10,000 in an isa currently earning 3% but next year rates look dire so am wondering whether I would be better putting it into…
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Cash & Asset rich but want a mortage at 72.
Hello i am cash and asset rich but want to take out a buy to let mortgage. I am femalle and 72. Can i have a mortgage at a good rate taking everything into consideration. My estate is probably worth 1.75 Million and i want a mortgage to the value of approximately 140,000. I can't find any help online and would very much…
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Mortgage offer received! When to get home/contents insurance?
Hi! We have finally received our mortgage offer! We are due to move in next month, but was just wondering when to search art organising our home/contents insurance? Will a credit search for this insurance affect the mortgage offer? Thanks Sadie
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Does the follow on rate really matter?
Hi As no one knows what is going to happen to rates in the future does one need to take into account the follow on rate of a mortgage if they take out a longer term (5year+) fix? Just wanted to kind out some opinions!
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Another LTV question...
My partner and I took out a mortgage last year with HSBC for 90% LTV. At the time HSBC had a better rate based on a LTV of 80% but we did not have sufficient funds available to finance this. A year on and now HSBC have a better rate available fee free for a LTV of 85%. My question is how will HSBC determine my current LTV…
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building an extension...
hi all, not really sure which place to put this thread but here goes... i want to build an extension for £20k ( roughly).... i have £13,000 in savings i have £50k equity in my house i would like to keep my savings as they are, but want to know the best way to finance the extension....? loan? extend mortgage? credit…
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Mortgage advice needed.
I currently have an interest only mortgage with Birmingham midshires with my husband fully paid every month no missed payments at all. We are considering moving due to our expanding family and going on to payment. Unfortunately I have a satisfied default on my file from last year everything else on both our files paid up…
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Mortgage with bad credit
Hi, Can I get a mortgage with bad credit and little or no deposit?
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Can we get a mortgage?
Hi all. My girlfriend and I would like to buy my fathers house. But here's the catch. I am currently in a DMP of approx £20K. My father is moving away but wants us to have the house at a cut price. The house is currently valued at approximately £120k. He wants £90k for it. Is there anyway of us buying it to consolidate my…
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FTB - direct or through a broker?
Hi. My partner & I are looking into buying our first house. Finding it all quite daunting. Is it best to apply direct to the mortgage provider, or go through a mortgage broker. Is using a broker less stressful? Do they liaise with solicitor etc? Thanks in advance for any help.
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is joint purchase realistic?
Hello I am in my late 60's and considering jointly purchasing a property with my adult son. Each of us already owns a property (mine is paid off and he has a mortgage on his). We would like to buy a larger property with space for both of us but that would allow us to make savings on the ever-increasing cost of utilities…
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Interest rates going forward?
Hi guys The impossible question I know, but is there a general consensus on interest rate moves over the next 5 years or so. Reading around some expect interest rates to remain at 0.5%for another few years and then only rise slowly, is this the perceived wisdom? I ask because I'm torn in what to do next I am on a svr of…
