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Mortgage, deed of gift, insolvency indemnity insurance
Hello all, I bought a house 5 months ago using a cash gift. Since then I need to get some work done and am in process of getting a small mortgage. The mortgage company is asking for a signed deed of gift - which I believe can be got from the internet (it's a simple plain cash gift no strings and relative has no interest in…
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First time buyers. Do we have a chance?
Any advice appreciated.
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Can a seller put house back on market without telling current buyer?
............Got a horrible sinking feeling. :(
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Fixed 2 year mortgage offer, but planning on going to university
Hello, me and my fiance are FTBs and would really appreciate some advice! We've had our offer on a house we've fallen in love with accepted and things are moving along slowly but nicely. Coventry Building Society has given us a great mortgage offer on a fixed rate 2 year mortgage. We've made an appointment with our…
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Anyone tried to get a Santander mortgage recently?
It seemed pretty straightforward. We'd had a mortgage with Santander for 9 years, we were buying a new house and all we wanted to do was transfer our existing mortgage to the new house (roughly the same value), as we were entitled to do under the mortgage terms and conditions. You'd have thought it would have been simple.…
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New Mortgage Rules??
I've been approved for a Santander Mortgage but the property I am buying is causing trouble for me. I worry that I won't be able to complete before the mortgage expires at the end of July. My Mortgage was approved in March 2014 will it have been subject to the new rules or if I have to re-apply for a longer time period to…
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Will moving jobs affect mortgage application?
Hi everyone, I'd be grateful for some advice about whether a change of job is likely to affect my mortgage application. I'm applying for a sole mortgage and have a decision in principle so far, and have completed an online mortgage application with HSBC and am waiting for my telephone appointment later this week. I'm in…
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shared-ownership property for the over 55s
Do you think there are any disadvantages to the over 55 properties mainly with Housing Associations if you only buy a percentage of it? I want to buy 70% which would leave me rent free with that amount. I have just sold my house to be mortgage free and can afford to buy the 70% share.
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Halifax - decline?
Hi there, We've been trying to buy a house under the help to buy scheme 2 (95% with 5% deposit) We have seen a mortgage adviser and we could borrow £160,000. We found a house for £158,000. Mortgage adviser found Halifax was best. So we started the application process. Only to hear last week that they could only offer us a…
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MMR Affordability Rules
Can anyone tell me exactly what the rules are? I am specifically interested in whether the rules state that whether the affordability calculation must be accurate. e.g. if a lender is aware that they are declining a loan based on affordability and that they admit that their affordability calculation is inaccurate are they…
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Drive by valuations?
I rang Natwest today just to get an update on our application. Didn't expect anything as its only been a week and a half but it showed that a drive by valuation had been done which valued the house at what we've offered. Not heard of this before. Is it something that's routinely done st the beginning of a mortgage…
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Down-valuation when remortgaging (anyone else had this prob?)
Went to remortgage recently and found what for me was definitely the best deal- 2.09% with Norwich and Peterborough. Based on 66% loan to value. All was going fine until the valuers returned their report- which valued my gaff 9% less than what I'd told N&P it was worth. The figure I gave N&P was the same figure that was…
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Mortgage broker/advisor required
Hi I'm aged 55 and buying my first house. I am looking for a 75% 2yr fixed mortgage on a max house purchase price of 200K. Married with single income of @39K. Solidly secure income working 7 years for private family Co, with no pressure or plans to retire. I am looking for a mortgage term of 19 years to assist with the new…
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remortgage for debt consolidation?
Hi all I'm hoping for some advice regarding my mortgage. I am due to find a new deal and as I have a good loan to value ratio I was looking to borrow extra money. I currently owe £76000 and my property is worth £150000 (20000 more then what I brought it for 3 years ago) I am looking to borrow at least £92000 in total. I…
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Mortgage misselling...
Hi, I've just received a call from a company called Full Financials. They claim to be working on behalf of the Justice & Protection dept, to help get money back for missold mortages. He was very convincing, taking me through government websites, confirming their claim no with them is CRM12580 & after answering a series of…
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New O2 Refresh contracts and mortgage
I've had my mobile phone with O2 for years. I can upgrade next month. They've changed their contracts though, and now do O2 Refresh (they don't seem to do normal phone contracts any more). Same sort of amount per month (£38) as I've always paid, but now it's split into two separate parts with two different…
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deal ending - trying to switch
3 years ago I bought a house as our first home. It was a low price because it needed renovating. The price of the house is now £30,000 to £40,000 more than we paid for it, based on comparisons to houses of the the same build being sold in the same street. Our original 3 year fixed deal is coming to an end and we have been…
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Problems with Halifax
Hi. Around 6 months ago my partner and I successfully applied for a 'let to buy' Mortgage with Natwest, the intention was that my partner would let her property out (which she has) and I would let my property out once work on our new home was completed. We didn't really want to let our properties out but we bought at the…
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fixed rate end, when to apply?
Good afternoon, Our fixed rate mortgage ends at the start of July 2014, when would it be prudent to start the application process on the new fixed rate? Also, If we were to stay with our current lender (Leeds), what are the chances that they would reduce some of the ludicrous product fees to keep our loyalty? All advice…
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Mortgage FREE in 3 years
This post is concerning the mortgage on the property I live in now. The advice to over my usual fixed payments was a good one and the amount I owe is now just over 14'000. As I originally purchased this with an ex-partner when we broke up I brought him out and he signed paperwork relinquishing his stake in the property. I…
