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Am I screwed!
Hi my hubby and I are thinking about moving and we are putting our house on the market this week. We have found out about mortgages and we think we may be ok although I am a little complicated as I am changing jobs soon. However I went to use my credit card today and it was declined. I am 3 days late paying. I have never…
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Speeding up Council Searches?
So I am buying a property. I am waiting on the council to complete searches that the solicitor has instructed. The solicitor said it can take 6 weeks to complete. It has been around 3 so far. Just wondering if there is any way of speeding this up? Even paying the council a back hander to speed mine up? Eager to complete…
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Foster Carer Allowances as Income?
Looking for some advice from any brokers out there. Foster carers are self employed but with all of the tax relief available, it's almost impossible to show a net profit each year. Does anyone know of any mainstream lenders who are sympathetic to this? I have already enquired with Endsleigh who are calling me back.
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Do vendors find out the mortgage valuation result?
I had a valuation done on my property I'm selling last Tuesday morning. The surveyor from Countrywide popped in for 10 minutes (he mentioned he was instructed by Nationwide) and that the report would be back with Nationwide in 48 hours - so by last Thursday lunchtime. Do vendors usually find out about valuation results?…
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mortgage and dependents question
hi I would appreciate some advice ad info here as i have scoured the internet with no joy, and my mortgage adisor was a bit useless. basically I recently had a sole mortgage application declined as my income was to low with 2 children/dependents. i was wanting to buy out my husband. As it is now I will sell up in 4 years…
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Mortgage Confusion
I am looking at a shared ownership house and need a small mortgage of approx. £22k. Potential down side is that I am in temporary employment, albeit on a long term basis. I need to know if a) I am likely to get a mortgage B) who lends on shared ownership properties? NB parents are in their late 70's would they be…
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FTB No Survey for 15 Year old house
Hi After reading many comments on the pros and cons of home buyer report, we are seriously considerly not spending the 400+ on the survey and instead hire an electrican to get a periodic check/condition report, plumber, gas engineer and roof or damp report. Do you think this is money better spend, probably will cost in the…
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Capital Gains-how do i find out historical house price?
Hi there I was gifted my lovely mums house back in 1987 and my mum and dad continued to live there, whilst i looked after them. My mum has passed away recently and i am trying to work out what cgt would be payable if i should sell the house. I am trying to work out whether to sell or rent, although to be honest both…
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Accepted house offer withdrawn
Evening all, I have been viewing properties for a number of months and finally found something a fortnight ago. The property had received 2 previous bids over the months but these fell through, hence the property was back on the market. Anyway, after a viewing and some negotiation, we put an offer in which was accepted. We…
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Halifax application
Have recently sent in the full application to Halifax for mortgage. Does anyone know the current time frames for them to process it through. Not in any rush as house will not be built till November but little bit excited/nervous. Broker said the application looked straight forward enough! Thanks
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Natwest app gone in today!
My full application has gone into today and has gone to the underwriters for referral. 2 questions is this normal and how long does it normally take? thanks
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3 year or 5 year fixed rate?
Hello All. I've been speaking to a Mortgage Advisor who was pushing me to take a 5 year fixed rate... At the moment I live in a one bed flat in London. My long term plan is *hopefully* to move elsewhere in the next to 3 to 5 years and rent out the flat. I'm thinking the safest bet is to stick to a 3 year fixed rate and…
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Any EMEX mortgage holders
Hi to all. I am wanting to establish if there are any EMEX mortgage holders who are being " administered " by The Mortgage Works?? I am challenging them on why TMW are not allowing EMEX customers any other rates. Collectively we could make a difference.
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Remortgage before Scottish Independence or after?
I've just come out of a fixed rate mortgage and would like to get another fixed rate for the next few years but the house prices here have gone down and I'm also not sure if I should wait until the Scottish independence vote to see if it makes a difference to house prices and mortgage deals. Does anyone have any good…
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Charging orderrepayment question.
Hi, I have a chargin order on my property with HSBS....they have offered me a reduced settlement figure...If I pay this, and sell the house, can they clain the rest back?
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Mortgage Lender Checking on Your Job
Hi guys, I've often wondered how do mortgage lenders check that you're job is real? I understand they see the payslips and bank statements but do they do any other jobs to make sure you haven't made them up or have left the job? Thanks
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want to remortgage to borrow more
However, have just checked mine and oh 's credit file and his says poor, and has missed payments from a year ago. Since then he has paid all credit on time and has a loan with our bank lloyds. We want to remortgage with lloyds as it's our bank and offer a good rate. However, I am scared we'll fail credit check now. They…
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Miss sold invested bond
I was on holiday when watchdog did a piece on investment bonds sold by bank/building societies, we were sold a 5 year bond at 60 years of age(silly I know) and lost money on it can anyone advise please.
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Let to buy
Hi Looking for some advice please We own our house outright which is worth 85000 (ex council house with 2years left to pay any discount back) the rent we could generate is around 500-550 a month. We need to move into a bigger property and have been looking at let to buy, how does this work? What price house can we buy?…
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A question for those coming to the end of an Interest Only mortgage
The scenario is this....... You have an interest only mortgage and are coming to the end of the contractual term. You have no repayment plan. How have you been treated by your lender ? The reason I ask is this. There seems to be an increasing number of posts regarding this situation where people ask what they can do and…
