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Endowment Policy maturing soon - No longer have property
Hi I have an endowment policy which matures in in a few weeks - the flat it was meant to pay for was sold a long time ago and i kept the endowment on as a saving fund. Does anyone know if i need to do anything like provide proof of having paid off the mortgage to make sure the money comes to me? As flat was sold quite a…
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First Time Buyer Mortgage with the Halifax
a few weeks ago my partner and myself had a meeting with a mortgage advisor at the halifax. We were offered a 90% LTV mortgage where halifax would pay the stamp duty if the property was worth up to £250,000. during the meeting we were asked what sort of properties we had in mind and we said we would look at anything,…
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Does your mortgage advisor need to be local?
I'm currently looking for a mortgage advisor and I wondered whether they need to be in my local area? I have recommendations from my family, but these are all around 50-60 miles away. I wouldn't have any objection to doing everything by phone, post and email. But I don't know what the drawbacks of doing things this way…
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Mortgage buy to let..
Hi, I have £25k which i'm fairly sure I would like to invest into a property rather than in savings, although this area is totally new to me. I have requested the PDF download on mortgages although it hasn't been sent through yet, so have a few questions.. I'm not currently on a mortgage although am thinking of buying to…
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Mortgage deal - broker fees? Help needed
Hello Thank you in advance to anyone who offers their opinion on this. I’m new to posting. I’ve been looking to remortgage my house. I was in a 5 year fixed deal with Santander. It is now on a variable rate at 4.99%. Our mortgage is £110000 and our house is valued at £130000. After doing some comparisons on this website, I…
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Help To Buy - Advice please
Hi, I'm currently considering taking out a Help To Buy mortgage. I have spoken to our Local Homebuy Agent and have run the figures by them over the phone and they said that there is no reason why we wouldn't be accepted. The best rates that I have found so far are from Nationwide, has anybody found any other lenders with…
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Too late to pull out of buying ?
Using a mortgage broker, we had a valuation completed on property. Broker advised that valuation was ok, so went ahead and applied for mortgage. Halifax have agreed mortgage after valuation....we waited for a copy of valuation which never arrived. Because broker advised there were no problems, we progressed to sign…
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can I get a better deal
I've got a mortgage with santander, we've been with them for 10 years never missed or been late with a payment. Our rate is currently 4.99% not on a fixed rate deal or anything, I called them to see if they could offer us a better rate and was told they wouldn't offer us anything. So, do you think I can get a better deal…
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Poor credit history mortgage
Hi all, 7 months after losing my precious husband to cancer, I want to move house. My house is on the market, @£230k and I've found a cottage for £219k but the owner will accept a lower offer of 210k. I have a £9600 mortgage with nationwide, and I'm allowing 10k to move, which will be covered by the profit on my sale, but…
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Drive by property valuations
Can someone help me. We have a mortgage lender looking to take us to court to repossess because we are "end of term" and our endowments have disappeared without trace from the insurance company. Our lender wants a redemption and we cannot raise funds by equity release because my wife is too young. We have a 23% LTV ( i.e.…
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Complex mortgage and wills question!
I was wondering if anyone might have some helpful pointers to something I'm considering. Slightly long story, sorry! My father lives in my nan's house. When she died the will said that my father could stay in the house, but ultimately the proceeds would be split between him and his siblings. Quite a few years ago we…
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Buying in France
Hi, can anyone point me towards some good websites or forums giving advice on best practice when buying a property (for holiday letting) in France. Thanks
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Advice sought for mortgage mess
Short as possible back story - Husband bought a house with ex in 2005, he moved out in 2009 but continued paying his share of mortgage and bills whilst house was up for sale. In 2010 he applied to take on the (approx) £90k mortgage on a salary of about £30k with a cash deposit of £15k but the bank turned him down - ex…
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How to calc. mort. repayments.
Hi...Is there a simple formula for calculating monthly repayments using mort. % / house price and period of repayments? thanks
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NRAM - not behind on payments - NRAM seeking possession
Dear all, After financially difficulties we had reduced repayments on our mortgage with Northern Rock. At the end of the agreement they asked for financial statements and in January 2013 we had a court hearing as they felt our ability to pay was not strong and they were seeking repossession unless we could clear the…
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Getting a mortgage as a trainee solicitor (2 year contract)
Hi! My fiance and I are looking into buying our first home in the next 12 months but the problem is I am wondering whether any mortgage companies will take my earnings into account, considering I will be on a fixed term contract. (My fiance is on a permanent contract and earns more than me.) The houses we like cost in the…
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Redemption Administration Charge / Santander
We are on the last lap with our mortgage , due to be paid off during October. Last week I contacted Santander for a balance enquiry and the chap on the phone quoted me my balance plus a RAC of £ 295 as an illustration of what it would cost to pay of as at that time. I seem to recall an earlier telecon that I had with…
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Best option
Hello I am asking a question, that my son asked me. He is 23 soon and him and his girlfriend will be looking to find their own little place soon. He asked what the best way of saving for a mortgage would be. I suggested starting an endownment policy to save in, for the future when they decide to purchase a flat/house.…
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90% Mortgages on new build with Solar PV Lease. Who?
90% Mortgages on new build with Solar PV Lease. Which banks or BS are friendlly? Please do not say Skipton, as they have been messing me about for 3 months.
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Mortgage advice - putting my mind at rest?!
Hi forumites My wife and I are looking to move house but I am concerned that we will not be able to get the value of mortgage we are hoping for, (around £170-180k for a £230-240k property). We are about to put the house on the market so may still be some way off but I wanted to get an idea of what we might expect. I have…
