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Change to fixed rate? New tracker?
Hello, I'm sure someone will have asked this before but I can't find any posts that match our situation. If anyone would be kind enough to give your considered opinion it would be a great help to this very befuddled person! We have a lifetime tracker with the woolwich which we've been on for 4.5 years. A rate of 3.19%.…
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still financially connected?
Hi, I read recently that even after you have split up with someone who you have had a joint account with and a mortgage that they can still be affecting your credit report? This happened about 8 months ago and whilst my Credit Expert shows no details of this my score is lower than it was, I read on here that I need to…
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Mortgage on Fixed term contract
Hi Our situation is I got made redundant from my job of 12 years in July due to partial site closure. I have since been employed on a temporary contract for what was our main customer on the same site starting Sept with a fixed 6 month contract. The likelihood is this will be extended to 12 when the 6 months is complete in…
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wife on title deed while not on mortgage deed.
Hi, Recently I applied a remortgage from nationwide. Basically I only applied on my own name since I wwould be the one who repay the mortgage. So I didn't think about to include my wife on the mortgage application(same as last time with HSBC). However after talking to the solcitor, been told I can't have my wife on the…
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Any advice about potential mortgage fraud. Please
My Mother and Dad have had a mortgage together for around 20 years now. My Mum was in a bad accident three years ago and her memory has suffered since. Anyway they've recently separated and since ive returned home from a job abroad, discovered her name was taken off around 2 and half years ago. Long story short my Dad and…
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Old repossession help please
Hi, I bought a flat in 1992 with my then boyfriend. We split up and the flat was subsequently repossessed and sold in 1997. There was a shortfall of around £11,000. I have been paying (admittedly only a small amount of £20 per month to Shoosmiths) for about 15 years. Octobers payment was not taken from may bank so I called…
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Mortgage with defaults
Good afternoon, Would appreciate hearing from anyone with experience of getting a mortgage despite defaults. Our financial situation dipped dramatically after losing several key clients in a space of a month. I used to work with my partner as we were both self-employed in the same industry, so the lose effected us both. We…
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Nationwide lending criteria - any brokers out there?
I've completed honestly the calculator for a nationwide mortgage and they told me what they would be prepared to lend me. I found a house and have obtained a decision in principle for less than the amount they said they would be prepared to lend. I've gone with nationwide because I am a single mum and have…
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interest only mortgage
I have Bipolar disorder with a very large element of seasonal affective disorder. My father wants to relocate me to Spain permenantly. My father is 93 so getting a mortgage is difficult apart from equity release which is expensive and restrictive. So we have turned to my brother in law to find us a mortgage. We would buy…
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Amortization graphing tools to compare two mortgages
Just in case anyone can point at one to shorten my search or knocking one up in a spreadsheet. I am looking for a tool that can display multiple mortgages based on ANY 2 of the 4 variables. Specificaly looking for given the interest rate and a payment, graph the mortgage size against term Each loan can have a different…
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Joint Mortgage & Ex has left Country
Please help I am after some advice I jointly own a home with my ex husband (not deviorsed) I had to leave the home and he remained with the promise to pay me out which never happened. The agreement was that he would pay the mortgage as I had to pay to rent accommodation, I change my address etc with my bank but I went to…
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Are HSBC Slow
Our buyer is getting a mortgage through HSBC and we are hoping to move before christmas However the buyer seems to have taken an age to have applied for his mortgage. Estate agent has chased him today and he said he applied online on monday and is going to hsbc today for a further appt I dont understand why this might be…
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booking fee refund
Hi My term for a mortgage product was coming to a end, and I changed the product with the same lender and paid a booking fee of £250.00 a couple of weeks back, and the new product (rate) kicks in February 2015. I am still on the old product at the moment. I just found out the lender has now dropped the booking fee for this…
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Adding a partner to the mortgage
I have a house which I bought 4 years ago with my ex-partner, who I 'bought out' of her share of the property when she moved out. I would now like to add my new partner to the mortgage. I'm aware of the procedures and legal fees involved in doing this, but the problem lies in the increased value of the property. We've had…
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Arrangement to pay on mortgage
Hi, Could somebody please give me some advice on an arrangement to pay on my mortgage? In Jan 2011 I received a letter from my property management company explaining that I hadn't paid my service charge, this was because they had been sending letters to an incorrect address. After speaking to Santander they offered to add…
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Mortgage on shares and taxes
Hi Suppose one takes out £50k from a mortgage on their shares in a public company. If no repayment was made and the shares were forfeited, the £50k would be essentially tax-free. Also, the lender wouldn't be able to screw you over by selling cheap as well. Am I missing something here? Cheers
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Letter from Leeds BS
Hi all, I have submitted my full mortgage offer to Leeds BS, and I've received a letter today which I'm hoping is a good sign but it doesn't seem to say much. It says: 'Thank you for your recent application. I confirm that the society has carried out an initial assessment and we are currently liaising with your introducer…
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First Time Buyer - Complete Novice
Having just saved up a deposit I'm now starting to look into buying my first home with my wife. I've never done anything like this before and I am completely naive about what to do. Do I look for the home first and then start looking for a mortgage that'll cover the cost, or do I sort the mortgage out first so that I know…
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please please Iam in need of help
Hi guys aim looking to remortgage..went to Country wise brooker who shown me two options... (belowe\) but not to sure which one to go with/ Option 1 is great but £995 fee!!:eek::eek::eek: is it worth to pay it for two yr fix. or should i rather go with option 2 and use that 995 twards overpayments? The first one is at…
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So stressful!
Hello! Been reading lots of posts and until now I never realised how stressful it is moving house. I sorted my own mortgage when we bought our first home, no problem - but this time, I am so nervous! Should I freak out or not? We have sold our house and had an offer accepted for what I hope to be our new home We have a…
