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Who is up for a complicated question??!
Hi, first post and I think I might have a belter for you mortgage buffs... My father died recently and I would like to buy his house. He has an equity release mortgage outstanding against it. I have a sibling who has been left 50% of the equity along with my 50%. To purchase the house I would need about £210k to pay off…
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Occupier's Consent Form - Cannot Find An Independant Solicitor To Witness
I thought this would be a relatively straight forward task, ring round a few solicitors, get a few quotes and pick the cheapest to go with. However, all the local solicitors (bar one) in my area, have said they don't provide the service or only provide that service to existing clients. Is there a reason why solicitors are…
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Re-mortgage, now age is an issue
Hi, just signed up as in a bit of a pickle with my mortgage. Had to put my dad on the mortgage when me and ex split. Due to age mortgage dropped to 21 years (to 75). Renewed for 2 years no problem. Now trying to renew, and am 4 hours in with an advisor so far, and am looking at term dropping to 12 years - taking dad to 70,…
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Nationwide Mortgage Porting
Hello We're just remortgaging to Nationwide on a 4-yr fixed rate. Our house is also for sale as I'm splitting up with my OH. The majority of the equity is mine, we have very different philosophies of spend and save, which is one of many reasons for splitting up. We have an agreement on how the sales proceeds will be split.…
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Quickest and Easiest
Hi, Just wondered if anyone could recommend the quickest and easiest mortgage provider to go for at the moment. I tried to make an appt with my bank (Santander) the other day and they said it would be over 3 weeks away - apparently their call centre also has a wait of over a week. In terms of easiest, which providers are…
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Mortgage options if I give up work?
Currently we are trying to sell our house as we have 2 young children and need more space. The mortgage we are looking to get would be for a similar amount or possibly less than our current amount. Due to circumstances beyond our control i may be temporarily forced to leave my job in sept/oct. If our house sold and I was…
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Retired remortgage
Hi My dad is 69 and owns two houses both mortgage free. One is jointly owned with my mum and the second is sole ownership, this one he rents out. As he lives apart from my mum he would like to purchase a small bungelow. Can he remortgage the let property if so will he get the full value of the house? I know most people…
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The Fresh Money Group
Hi all just wondering if anyone has had any dealings with or knows anything about The Fresh Money Group. They called me this morning and originally said they were The Mortgage Review Centre but when I asked for a website to go to he said The Fresh Money Group. I have looked into both names and the mortgage review centre…
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How long to Fix?
Obviously this takes a bit of guess work and a crystal ball, but basically our current deal is up and the best deal offered is from our current provider (Woolwich) as there a no fees involved. The best choices seem to be 3 year fixed at approx £695 a month, but 5 year fixed at £752 a month. I'm tempted to go for the 5 year…
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mortgage when pregnant
Hi So stressed out live in Belfast, our house sale has fell through twice in last eight months time wasters. Anyway is back on market with a lot less interest 2 bed terrace. We have a mortgage promise from nation wide. I have only found out I am 9 weeks pregnant. Do you have to declare to mortgage companies, I am wondering…
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porting my mortgage problems
i am going through the process of applying to port my existing mortgage. on the day i was intending to send the forms and fees i was informed that i had been gazumped. i telephoned and explained the situation to the mortgage company (oakwood homeloans limited). i explained that i needed to know what would happen with my…
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How does this mortgage sound?
We are going for a mortgage through a broker due to other half being an IT contractor... Broker has come up with what he thinks is our best option..... House value £249k Mortgage £100k 2 yr tracker 1.45% + base rate then standard variable rate 4.24% How does that sound? Not as good as our current 0.95% interest rate!!! But…
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2 P60's - Mortgage Application
Hi All, After last weeks disappointment with my current lender (Chelsea BS) dropping the amount I could borrow by approx 25k, I then enlisted the help of a Broker who is a friend of my OH. Anyway, things at this stage seem to be going well. DIP & Application on Tuesday and advised us that we can borrow well in excess of…
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Mortgage Term Help
Evening all, I wonder if anyone could give me a bit of advice please regarding remortgaging and remaining term. I recently completed on my first house and chose a 2 year fixed term mortgage. The mortgage was sorted in March but because the purchase and completion was delayed I didn't make my first payment until this month.…
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Can I get a mortgage on a 23k salary?
Hi, I am looking at first time buying. I have a deposit of £30k. What's the maximum all the decent lenders with decent rates will offer me? Is 100k mortgage achievable on this salary? * I have a loan of £135 per month with ZOPA. That's all my debt. Total to pay 6k. * I am looking at mortgage of 100k and house price of say…
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Who accepts multiple sources of income?
We went to an IFA and he told us only Natwest would take us due to hubby working 2 jobs we need considering, but a very quick google has come up with a couple more who say they will. To be honest we didn't overly trust the IFA as in the first meeting he said it was no fee as he'd get commission from the mortgage provider…
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HSBC Booking Fee
At what stage is the booking fee payable? Is there a charge to put this on credit card?
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Pay off CC or keep for moving costs
Hi, My girlfriend and I are looking to move house soon, have a mortgage broker to work with but I have one question which may be able to be sorted before I speak to my broker or any potential lenders. I have a interest free CC with £2k on it, we have £2k saved up in bank account which the plan was to use towards fees to…
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Future Mortgage
I have recently been in an IVA which started in April 2009 i paid it off in a F & F settlement in 2012 and received a Notice of Completion on December 2013 though i still have to wait until 30th May 2015 for all defaults to drop off. In July of this year i sold my house and made £16k which is currently sitting in the bank…
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80k deposit but cant get any type of Mortgage please help
Hi, I am soon to be a Dad for the first time, my Wife and I live in a tiny 1 bedroom flat in London, its worth £255k but I have no equity in it after 8 years of ownership. We need to buy a house to to the arrival of our first child, I also work from home so I need a quiet space away from my Wife and Baby in order to work -…
