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first time buyer help!
My partner and i would love to buy a house he is on about 19,000 and going up and i am on around 15,000 we dont have a good credit score something we have been working hard on my ccj's will be gone from 2015 and the rest i owe £1,600 which is also getting paid off. my partners is higher then mine but about the middle of…
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Completion date 7th November, safe to get credit?
Looking at potentially getting an argos card for a couple of small white appliances (Dishwasher & Tumble Drier) to utilise buy now pay later. Is it safe to do this prior to mortgage money hitting the solicitors or is it wise to hold off or maybe put it on an existing card?
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Mortgage advisor question?
Buying a house from Connells & they have passed us over to their mortgage advisor. The condition that you sign for is upfront payment, however if the house falls through you have to find another property within 90 days or you lose the money. I have been told this is "condition selling" and it is illegal but I can't find…
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Mortgages with one missed credit card payment- which lender?
Looking to remortgage. Very good credit scores apart from my partner missed one payment on a credit card in July, about 20 days late. He has no other missed payments in last 6 years nor do I and scores on credit files are both in the 980 to 999 experian range. We are looking to borrow 65% LTV. Have more than adequate…
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What do I do with equity from a house sale between moves?
Hi, After some help here! We have a sale completing on our house (fingers crossed) in about a month. As a result we will have about £100K of equity winging its way into our bank account. Now this will be used as a deposit on our next house but as we are moving across the country, we may not be buying another property for…
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Woolwich/Barclays mortgage app Help please!
Hi, So this is my first post on here please be gentle! My partner and I have just been to see a whole of market mortgage broker as we are looking to buy together. This is the situation: Partners deposit: £33000 LTV: 85% Partners Credit: Excellent My credit: poor We will be doing a tenants in common aggreement and paying…
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Accidential Landlord query..
We tried to sell our house earlier this year but failed to sell at a price we could afford. We are now looking into renting out our house and purchasing a new house. Our current mortgage is with Nationwide and we can convert this to a buy to let mortgage (with a 1.5% increase in rate and £30 fee). For the new purchase, if…
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Endowment Compensation
Hi Folks, I have recently been contacted by a firm which states that they will be able to persue my case for compensation but I have my doubts- The time limit expired in Scotland over a year ago. I had tried to claim compensation by myself and through companies numerous times but due to lack of evidence I/they always hit a…
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New deal/Remortgage
Hi I was wondering if anyone had advice regarding new deal/remortgage. Here are the facts: We purchased a property in 2011 for £105k at LTV of 90% (10% deposit) with Nationwide. We had a two year fixed rate at 4.49%. This is due to expire in December 2013. Therefore £94k mortgage. The property we purchased was valued by…
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Leeds BS should i be worried ?
On the advice of our broker my husband and I have applied for a 80% LTV mortgage with Leeds BS due to the % deals they are currently offering for first 3 months. We have had the mortgage agreed in principle however I have read some horror stories over the last few days about this lender taking fees and then turning…
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NRam mortgage end of term
Hi all. Father in law has a mortgage with NRAM, it was taken out with northern rock then transferred. His fixed period has ended and he wants to take a new fixed deal. Is there anyone who has taken on the NR mortgage customers? or is it a case of finding a broker to find a new company and doing a full application? He wants…
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Mortgages & Loans
Hello I am just looking for some advice - I have put an offer on a site and it has been accepted - are loans for sites more difficult to get? My partner owns his house and we were thinking of re-mortgaging it to pay for the site - is this a good idea? Any advice would be greatly appreciated!
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Woolwich reserve account
Having had a Mortgage with the Woolwich for many years, we have had the benefit of having a Open plan mortgage where you can borrow from a reserve account attached to the mortgage, you get a separate card etc and bank book. Anyway a few years (as you know) The Woolwich mortgages were taken over by Barclays, I didn't want…
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FTB coming off fix deal
Hi all, im due to come off my 5 year fix rate deal with natwest in june....my house was valued at 95000 when i bought it and my outstanding mortage will be around 80000...my fix rate was 5.99% and i believe natwests rate u go onto if you dont take a new deal is 4% My questions are, what happens....i was a first time buyer?…
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Mortgage Broker Query
I've just asked a broker to find me the best deal and she's suggested a mortgage from Accord. However i'm pretty sure it's not better than two other fixed rate mortages from Chelsea BS and Yorkshire BS. I've looked at the cost of interest plus arrangement fee over the length of the fixed term and it's definitely more than…
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Help to buy scheme. Maximum deposit size
Hello all, I (seemingly like many others) have been looking into the help to buy scheme recently. Whilst it is clear that people can now buy with a minimum of a 5% deposit with the government picking up 20% of the value of the property to help you have a 25% deposit (and therefore better mortgage rates), it is unclear…
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Mortgage questions! Santander content.
Evening all. I'll start at the beginning (it's a long story). Me and my other half have been renting for what seems like aeons, when our first child arrived last February we started thinking of buying somewhere. The other halves grandmother was then taken into long term care (you can probably see where this is going).…
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Halifax Mortgage Application - Credit Check
Hi, Looking for someone to put my mind at rest!! We have submitted our full Mortgage application with Halifax on Saturday- I have been checking my Credit Reports tonight (with Check my file) and can see a search by Halifax on Saturday (when we submitted application) will this be the full credit check or the soft one? We…
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which mortgage to overpay ??
Hi. Please can you help solve a disagreement with my husband. We have 2 mortgages both at the same interest rate. One is for about 70k and the other for about 10k. If we were to overpay £100 per month does it matter which one we pay the overpayment to He thinks we should pay off the higher loan but I think it doesnt matter…
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Turned down for a mortgage- please help!!
I know it's not the end of the world but I'm devastated. I have just been turned down for a mortgage due to high levels of credit card debt. The debt is £29000, accrued paying for a professional degree (now qualified 5 years and paying it off). I have £80k of equity in my house so will be paying the debt off with the…
