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Default but no Credit agreement
To cut a long story short, a legitimate debt, which has been bought a few times, now owned by Hoist has recently been settled. Hoist has entered this with the CRAs as a settled default. No default was present before this, but there is a CCJ, which was filed by Santander (this is not in dispute btw) The original agreement…
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Business Mortgage Help Please
Hello, Can anybody help me please I'm at a bit of a loss as to what to do. I would like to buy a pub. As this pub is in the North it's only £100k. I have what I think is a sound business plan and also a back up plan to revert the pub back to two cottages should the business eventually fail. Thus, increasing the property…
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House buy out advice please
Not sure which room to put this in? A friend of mine (Dave) has split with their former partner (Jill). They purchased a house together with a joint mortgage. Jill is buying Dave out of the property who is moving out once it’s sorted. Jill has had a contact created laying out the agreement in terms of the buy value and…
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Fixed rate mortgage and moving house
Hello all. Think we may have made an expensive mistake. We have been living in a shared ownership property and have just purchased the second half of it so we now own 100%. It's been worth doing as the value it's been sold to us at is based on a surveyors valuation which is significantly lower than the current market value…
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interest only mortgage with ge money term end next year
Hi I just wondered if anyone has got an interest only mortgage with ge money and been successful in extending the mortgage term. i am in a position were mine ends next october with no money to pay it off and wasnt aware that it was ending next year.This was a remortgage which i thought my broker had arranged over 15 years…
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interest free mortgage what to do
Not sure what to do I bought a house with my wife, she was on more money than me at time, then we had kids she decided not to work and I struggle to pay mortgage, I tried paying it my self couldnt manage payment as over 70 % of my wages went on it the only way was interest only only. To cut a long story short she got me us…
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What does it take to get Help to Buy mortgage?
I've recently been turned down for a Help to buy mortgage (95% LTV mortgage guarantee scheme). Apparently, in the news today, 48,000 homeowners have availed of the scheme, so i would really like to know what is required to be accepted. I opted for HTB as I found a fantastic house in July - totally out of the blue - and…
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want to buy a home
My husband and I want to buy a new home around march of next year, we both have good paying jobs but due to an ex partner I was left in debt which I cleared but now have four defaults on my credit report, three of which will be six years old by March but one will not expire until August 2015. My ex is still attached to my…
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AIP referred
Totally confused and panicking!!! Got an AIP with HSBC a month ago...had an offer accepted on a house. Decided not to borrow from HSBC as we found a good deal with Coventry BS...phoned up to start the application and didn't even make it past the AIP and it ended up being referred.....??????? Both of us have recently…
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How easy is it to swap rates after mortgage offer?
Mortgage offer has just arrived, but since the application the bank now has a better rate available with no fee (which is why we couldn't apply for it first time round). Nothing has changed regarding the application. Is it just a case of another quick application put through their system for this rate and (hopefully) a…
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could we own our own home?
Hi, just dreaming about the possibility of owning our own home at the moment. Will try and keep this succinct but would like to know any tips to follow over the next 2 years in order to maybe own our own home. So, we are about to start renting a 3 bed home for £595 a month. In 2 years our landlady says there may come a…
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HSBC, mortgages and appaling phone customer service
Two weeks ago I phoned HSBC because I saw in the papers that they were advertising the same mortgage I've got, but with a much lower rate. So I've asked them if I could switch to the new product and they said I could and that it would be free of charge. They then gave me an appointment for 10 days later, which was a bit…
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Halifax Mortgage
Hello We had our AIP from Halifax 2 weeks ago & the full application was done today & the valuation is being done on Friday. Our Broker seems confident that we will get/have the mortgage but I can't help thinking it could still be declined. Can it still be declined at this stage? He says that they have done the credit…
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Shared ownership - cheap fixed rate?
Hi all, As I'm out of work at present I'm considering ways to save a few pennies where possible. Due to being unable to claim on my PPI I checked to see if I could reduce my mortgage payments. I called Halifax and according to them I'm 48% LTV as it's a 50% shared ownership house. On that basis I could switch from my 3.99%…
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Protecting my repayment of entire sum on a joint mortgage
Hello Just after some advice really please. My partner and I purchased a property 2 years ago and got a joint mortgage. I have recently inherited some money and wish to pay off the entire mortgage loan which I am happy to do. However I wish to protect my investment should anything happen to us. Do I need a Deed of Trust or…
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First Time Buyer
Hi Guys, Not sure if this is the right place to post? I am looking for advise on getting my first mortgage with my partner. Where is the best place to go to speak to someone about it and what kind of info will they need from us? Also, what are the different kind of mortgages and the best ones to request/apply for? Thanks…
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home owner
I own the property I live in, can I give it to my daughter and still live in it.
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Mortgage and tax free income
I was hoping that someone might have experience of the following situation: I left the Army a couple of years ago after being injured on operations. I have retrained and am starting a new career. I would like to try to buy a house in a year or two and am working out my sums at the moment. I am very fortunate in that I…
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Finding a broker
I am a FTB looking to get a mortgage on a house in an area I've not long moved to. What is the best way to find a good mortgage broker? I have found the house and had my 'offer' accepted. So it is just the mortgage to sort. Estate agents aren't involved. I don't know many people in my new town that have purchased a house…
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Joint mortgage after splitting up - what to do?
Hello, I have seen some threads on the previous page but I'm confused as to what the process is for me. I split from my ex a few years ago and have continued to pay half of the joint mortgage ever since. I just saw the property as an investment and now I am at the stage where I would like to release my share of it so that…
