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Remortgage every 2-3 years?
Do people think this is a viable strategy for paying back a mortgage? Does it generally pay off to keep paying the lower interest rates by paying higher up front costs?
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Decision in Principle accept then 2nd application referred after reservation
Hi I applied at the nationwide for a DIP, this came back as accepted based on the questions they asked. I was then told by The developers I needed to apply via their brokers. Their application got referred as they asked different qualifying questions. I'm now waiting for that decision and subsequently been told I could…
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how long after i clear a debt can i apply for a mortgage?
I owe around £15,000 on 2 0% credit cards, and have £30k of shares that I do well from, with dividends and trading them. When I want to apply for a mortgage, will it be better to have no debt, and only £15k of shares? (I'm guessing yes) And how long before applying should I clear off any debt so it doesn't show up/effect…
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Not sure if on the electoral roll
hi there I would like to apply for a FTB mortage next year and am a bit unsure about my chances of getting one as I'm not sure if I was registered on the electoral roll at my previous address. I have been living in my present flat for almost 2 years and been on the ER the whole time but before that I was living in a flat…
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Is There Such A Thing As A Lenient Mortgage Company?
Are some mortgage lenders easier than others?...EG do some just search just one CRA where as others may search them all and National Hunter etc and go back 10 years+ through your history rather than 3 etc?.....
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Broker
Can anyone recommend a good reliable broker in Northern Ireland for a first time buyer?
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mortgage query
was wondering if anyone could advise, I live in a property that requires updating and extending , I cannot borrow no more against this property,i also have another property which has stood empty for a while due to renovations being done, I have a 50k mortgage on this property but its worth possibly 90-95k someone now wants…
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pay off mortgage using interest free loan?
We are looking at increasing our mortgage repayment to try to repay early. I have the option off getting a £5000 interest free loan from work which would be £104/month for 4 years. I'm thinking get the loan, pay the 5k off the mortgage straight away and repay the loan interest free over the next four years.... Is that…
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Post Office Solicitor Panel
Hi Having a bit of a nightmare with my mortgage application in that my solicitor isn't on the Post Office approved panel and can't complete the application. As far as I can see I have 3 options: * Move to an approved solicitor and lose fees to current 1 * Move to a new mortgage provider and lose fees to current 1 * Pay…
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Santander - reasonable ?
Hi all, I have a mortgage rate due for renewal. I have 2 parts to my mortgage, 1 part interest only which is covered by an on track endowment, which has 4.5 years to run, and a repayment part. I want a 5 year fixed rate, but Santander wont give me it as it exceeds the term of my Interest only part. I am obviously happy to…
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Any lenders other than Halifax for asbestos-roofed house?
Hi all, does anyone know if there are any lenders other than Halifax who will accept an asbestos-roofed house for remortgaging? My two-year fixed-rate deal with Halifax is ending in mid January, which is not a problem as it will actually go down slightly, but I'd like to see if there are any better options. The house was…
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Assess My Chances
Hi, I am looking to purchase my first property. I have a few factors in my favour but a CCJ against my name. I want to know the extent to which this will prevent me (a) getting a mortgage and (b) getting a decent rate. Property Price: £120,000 Deposit: £48,000 Loan: £72,000 LTV: 60% Single applicant, £44,000 salary. Credit…
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Satisfied CCJ problem
Good evening, We are at our wit's end with this problem and any help would be massively appreciated. Basically, we've managed to save for a 5% deposit (£8500) on a house and have had an offer accepted (£170,000). Fast forward to our initial meeting with a mortgage broker, following which we were told that we had failed the…
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Applying for Buy To Let and Residential Mortgage at Same Time
Following on from this thread really: https://forums.moneysavingexpert.com/discussion/4849974 I have been notified by my housing association that I cannot rent out my shared ownership house unless I have tried to sell the house first (they have suggested 3 months on the market). With that in mind, if I were to apply for a…
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Mortgage Indemnities Insurance Help!!!!!
Hi everyone, I'm a FTB the house we are trying to buy requires us to have 3 indemnities policies. My question is will this effect our mortgage offer from nationwide? has anyone heard of a mortgage offer being withdrawn due to indemnities Many Thanks
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Wondering????
Do dishonesty convictions disqualify folk from getting mortgages? How long for? Do non dishonesty convictions affect mortgage applications?
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Credit check confused
Hi I have paid off my 0% credit card early november. I have no other debt. End of January Im thinking of opening an ISA following Natwests rate drop so i can transfer my deposit savings from 1% to 1.75%. In april I am looking to get an AIP and then a mortgage shortly after. As far as I am aware my credit history is…
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Mortgage Problems
Man and a Woman going through a divorce. The woman is currently living in the house with child paying the mortgage but interest only. The mortgage on the house is still joint. The house is in negative equity by roughly £15000. As part of the divorce agreement the woman could ask the man to get his name taken off the…
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What is the lowest amount you can get a mortgage on
Hi All, Just wondering... What is the lowest amount you can get a mortgage on... Also what do you guys recommend when nearing that low amount, to just go on the SVR or maybe a fixed...? Cheers
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UK expat seeks Mortgage in UK
HI I am British, 55 next birthday, work abroad and require to purchase my ex-wife equity after our divorce. I require to borrow 100,000 pounds over 10 years, for me to own the marital home. ( current valued 300,000pounds). I have previously approached my current lender (Halifax) who have refused me the mortgage as they say…
