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Can they make my girlfriend move out?!
I'm having some trouble here... I have previously owned half my house with a friend, and I am now financially able to buy their half and own my home outright. This suits us both in the long term, and I can easily afford the repayments. However, my girlfriend has been living with me (paying rent). She has no credit score,…
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Shared Ownership mortgage - Am I unlikely to get one?
Hi All, My parents have offered to help me buy my first property but my situation is not black-and-white. I've spent some time getting my head around the ins and outs of how mortgages work but am still unclear as to whether or not I have a cat in hell's chance of making it happen. I hope someone with more expertise can…
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Mortgage - bank mistake
This is a bit complicated so please bear with me! I have a rapid repay type mortgage product/bank account taken out in mid 2008 with a regional bank that brings a certain type of pudding to mind. 9 months after taking out the mortgage i was made redundant and shortly after that (June 2009) I rented out the property with…
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Don't know what is best
Im Self employed so i think that sticking with my current lender is the easiest and safest option at the mo otherwise will have to go through proving income again, valuation fees etc £135k left on mortgage (£350k value) 13 years left on mortgage Current Lender - Santander Offering 2 yr fix 2.49% with 1k fee 2.99 with…
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Transfer of Title to wife with ex-husband remaining on mortgage deed? Who will lend?
Hi, I have been trying to reach financial settlement for over 18 months. Main problem is that there is only 80k equity in the house, I have found employment since our separation but am unable to make a significant income as I remain the only carer for our three children with my husband's contact being limited to once a…
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Endowment questions
Afternoon All I received my latest statement from Aviva yesterday and wonder if someone can offer advice on if it is worth keeping this policy running. It is no longer linked to any mortgage Annually we pay in £740.16 We did think of surrendering this policy and paying a lump sump in to our mortgage (bringing it down to…
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Mortgage advice removing ex please
Hi, my boyfriend broke up with his ex gf years ago. They'd bought a house together. She's been saying for months that she'll take his name off things but hasn't. She is claiming benefits illegally. What can we do? Can my BF just go to the bank and say "I want my name removed" or would the house have to be sold? What if she…
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A few questions around endowments!
We have a Friends Provident endowment maturing in Oct 2013. It was taken out for £55k but a number of years ago we converted what we thought was the projected shortfall into the repayment element of our mortage. So we only owe £30k on the endowment element of the mortgage. We have had a figure from FP yesterday with a…
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FTB Mortgage but wife is on a Spouse Visa
Hi Guys, My wife came over to the UK from Canada a year ago and has been on a spousal visa which ends in April 2014 at which point she will be eligible for an Indefinite Leave to Remain. We are looking at houses and want to make a joint application but no one really knows if this will be accepted. We tried one application…
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Mortgage searching help
Hi there. My partner and I are staring to look for our first ever Mortgage. I've read Martin's guide (twice) yet I'm still finding it hard to take it all in. He mentions to go through brokers but I don't even know if there are any where I live (Swansea) or if they are any good? Also, when I'm looking at mortgages direct…
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Santander Looking at property - good sign?
Full mortgage Application in with Abbey / Santander, have received a call today as they are looking to arrange a survey of the property. I have heard this a good sign that they are now looking at the property? Ie. if they had a problem lending me the money they wouldnt begin surveys on the property? Is this true or does it…
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Halifax customer retention deals
My fixed rate mortgage with the Halifax ended over a year ago so I've been on their standard rate for a while now. Looking around for deals the Co Op 5 year fixed looks like it's the best deal just now. House is worth £250,000 with o/s mortgage currently £70,000 but I'd like to remortgage for £90,000 over 15 years to do…
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home improvements
I currently need to free up some cash for various reasons and am thinking about getting a home improvements top up on my mortgage. A friend did this recently and was asked to provide estimates for the work. is this the norm now? How much detail will they go into with this and will they follow up afterwards to check if i…
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How to legally own half the mortgage! ?
Hello! Me and my girlfriend bought a flat a few months ago. I gave her half the deposit and I pay of the mortgage etc. I am not actually on the mortgage as I was recently self employed when we bought it - so its in her name. We want to draw up a legal contract (or something) to say that I own half the mortgage. Any ideas…
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Impending salary-rise and mortgage - first time buyers
Hi all, Would really appreciate your advice. My partner and I are looking to buy a house this summer. We have checked our credit reports and they are "good" (mine - 930) and "excellent" (his - 976). I hope mine will now go up to excellent as he's just paid off my credit card (£2000) but I don't know if that's how it works.…
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Re-Mortgage is it worthwhile?
Hi, I took out a 25 year mortgage 5 years ago, with the Halifax. Before that I was on a 2 year 'fixed rate' interest only deal with Birmingham Midshires. I am starting to think about re-mortaging and if it's worth it for me. If I re-mortage can I only get the best deals on 25 year terms or can I re-mortgage to the 20 years…
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How to remove Charges against property
Divorced April 2011 Made tenants in common and I was awarded a fixed sum from equity, the remainder due to ex. He declared himself bankrupt in July 2012. Bank took me to court for repossession under 56 day order, Then had offer on house accepted. He has a second and third charge on his now, non existent equity. Due to…
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Mortgage in principle credit searches
Morning folks, Now whilst I appreciate that some people will consider me somewhat naive, I just wanted to make sure that people were 100% aware that in principle applications can trigger a credit search on you file. My mortgage broker did not mention this would occur for an in principle application and I only noticed this…
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Mortage payments
Hi all, i am new to boards and am seeking help, we bough a house in Northern Ireland when we got married some 10 years ago. after a few years due to family health problems and work we moved to the republic of Ireland and purchased another house and rented out the house in NI, everything went fine until we ran into…
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Can I add my mother to my house deeds?
Can I add my mother to my house deeds if I get the permission of my mortgage company, and also have her name added to the mortgage? What is the chance the mortgage company would allow this? The reason I want to do this is to help her consolidate her debts via a secured loan. Obviously she needs to be a "home owner" to get…
