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Buying Property in the United States
Can someone please explain the best way to obtain a mortgage for a property in the USA. Is it better to obtain a mortgage from the USA or from the UK. I have found various companies from the UK who help you navigate this process but I was wondering if anyone had some advice or guidance please.:)
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Quick questions about re-mortgaging and overpayments
My 2.69% rate ends in 12months and I am eligible to switch to a new mortgage deal. when I go to switch to a new deal could I add some savings to reduce my mortgage amount without incurring penalties? For example: mortgage amount before new deal 100k, 20K in saving, can I ask for mortgage of 80K? Does anyone know if Halifax…
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First Time Buyer looking for some advice!!
Hi, Me and my gf have had an offer of £158,000 accepted on a 2 bedroom flat, we have began the process of getting a mortgage and will be receiving mortgage in principal before going into the full application process. Our total income is 44k and aside from phone bills my gf has a credit card currently with about £400 on it…
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Mortgage expiry date
Hello We are in the process of buying a new home which isn't yet built. We are due to exchange contracts this Thursday but our mortgage offer expires before the house is due to be complete, now we have been told that we can re apply for a new mortgage at no extra cost to us, this all seems to be a little strange to me &…
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Halifax DIP - how do I find out the score?
Hello MSEs I've got a DIP from Halifax , however have seen people on this forum talking about being scored A, B or C. I have gone through a broker for this, and have a PDF of the decision in principal, however there's no score/grade on there? All it says they need from me is one month's payslip? where will I find out the…
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House Building
If I got a house built, paid for the land, designer, materials and paid the people to build it. Do I still have to get a mortgage and pay a mortgage on it ? or is the fact I've paid for the building of it enough ?
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Land registry
Hi, we instructed our solicitor to start work on the house we are buying 3 weeks ago. They have received the contract from the sellers solicitor and the searches are all back, they said they are now waiting on stuff from the land registry. Has anyone got any idea how long it could be now before we exchange?
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Halifax mortgage- HELP
Afternoon all!! My husband applied for our first mortgage through a broker a week ago. The application was submitted last Tuesday, after getting the DIP a week prior. A full credit check was done last Thursday. I am not going on the mortgage just yet. We may be buying a family home, but in all honesty our relationship…
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Gift deposit
Hello, Apologies if i am going over old ground here… My girlfriend and I are first time buyers. We want to buy my Aunt's bungalow but we have to act fast as unfortunately she has to go in a home. This will be a private sale. Almost five years ago i was forced to declare bankrupt so although Experian says my credit rating…
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Consent to lease
Hey guys, I have my consent to lease, but I am unsure if I can get back to my house and share it with tenants?
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How likely is it that I'll be added to the mortgage next time around?
My OH and I decided to buy a house together only when we applied for a joint mortgage we were turned down as I wasn't working and had two children dependant on us. He also has two children which he pays maintanance for. So, leaving me off the mortgage he was accepted by nationwide as a sole application and we moved into…
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How long to trace a CHAPS transfer
Please can anyone let me know how long it should take to trace a CHAPS payment. It was sent on the 17th April but I never received it so the bank started a trace on 23rd April but never said how long it will take just the usual "we will let you know" but as yet I have heard nothing. They said the account number and sort…
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Dummy question on property chain
Hi all. Just bought my first property, not exactly what I wanted, but what I could, as I am still at the first step of the ladder :-) I think that is the majority of the cases (I hope). Out of curiosity, when I sell this property, how does the (in)famous chain work? I put my house on the market and receive an offer. Only…
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Re-mortgaging with pay day loans on file.
[FONT="][/FONT][FONT="][/FONT][FONT="]Hi all. Three years ago me and the now wife bought our first house. We’re on a 5 year fix that ends in 2 years. It’s 4.39% with Nationwide. We’ve just started overpaying by £80p/m so when the 5 years is up we should have 40% equity in the property (bought for 215k). Our…
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Hoping seller hasnt cost me chance at buying
We had agreed to buy our first house 6 weeks ago and got the valuation completed (costing me £350.00) and had the mortgage offer. We were over the moon. However, the seller he hadnt sent his paperwork back to his solicitors to have the contracts drawn up. Each week he came up with a new excuse (sickness, holiday etc) as to…
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Buy to let mess
Looking for some advice, got a but to let property when I jointly owned another house with a friend, we had a falling out and I had to move into my by to let, my 'friend' rang my buy to let mortgage company as soon as I was off the joint mortgage and told them I was living in the buy to let and they have now asked to see a…
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Sole mortgage and protection of spouse
Hi there, My partner and I recently bought a property. Although we are married, we needed this done in my name only, as my partner is from overseas and has tax/credit difficulties. I want to make sure my partner is protected in the event of my death, so I'm taking out mortgage life assurance to cover the loan. That seems…
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Remortgage - Current Lender or Switch?
I'm in a bit of a quandary in terms of remortgaging... my current deal ends on May 31st, where the SVR of my current lender shoots up to 5.99%, so I need to get off it! My current mortgage lender has offered me a new, 2 yr fixed deal at 3.49%, on my outstanding debt of just under £105,000. I have 28 years left on my…
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Mortgage, DMP, buy new house
Hi, I am currently on a DMP and have been for 3 years remaining balance is £17500. I also have a mortgage which has never been in arrears or defaults. Due to an expanding family we are looking to move but I know that this is going to be difficult because of the DMP. If I were to buy a new house would my current mortgage be…
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Buying a house from family - mortgages, joint ownership and a few questions!
I'm hoping their might be some mortgage experts/advisors around who can give me some advice. Basic situation; A close family member owns a property which my husband and a currently live in (it is not her own home). Although she's still in good health now, she has a fairly substantial estate and it would make sense to think…
