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5% mortgages; unavailable at the moment?
Hi all, any help with this would be appreciated it. Myself an my husband are looking to move from our mortgaged two bed to a four bed property. Unfortunately, I was doing supply teaching for the last two years and only just have a full time permanent teaching job. Hence our savings are somewhat...depleted:o. If we bought a…
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Mortgage with sister
Hello, I have an odd question! Me and my fiancee have been trying to sell our house for 10 months so we can buy his grandparents house, who have now both died. My fiancee's dad has taken out a mortgage on the grandparents house for us so we can move in. We have been in the new house a couple of weeks. The house we were…
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Council discount RTB
Hi All, I'm looking at buying my council flat sometime next year, and have heard you can use the RTB discount as a deposit ??. Can anyone please confirm if it's actually true. Thanks in advance Karl
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Sending documents to mortgage company
What is the best way to send the required documents to the mortgage company? They have provided a 1st class free-post envelope, but i am assuming it should be sent with proof of postage at the very least? Or do I send it special delivery? It contains passports, marriage certificate etc... The address is a PO Box address.
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Is this possible?
We have a house with no mortgage that has just been valued at £130 to £140k. We want to buy a bungalow for which we intend to pay between £135k and £138k. We would like to buy the bungalow before we sell our house so that we are able to do the work it requires before we move in. Therefore, we would like to borrow around…
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First time mortgage. Please help!
Sorry this is a bit of long story!! Desperately need some advice on this! Me and my partner decided to make an offer on a house following a decision in principle which we were told we could borrow 180k! Now we both fully understand it's not completely accurate but gave us a lot of hope. We have a 20k deposit on a 170k…
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Buying out Ex partner share of the property
Hi folks i need your advice on the finances of buying my partner/ or her buying me out out of our property we own but cant figure out how much I would need to pay to settle this. The house was bought for £88,500 of which I paid a £28k deposit and have subsequently paid £15k in overpayments totalling £43k. She has paid no…
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What are the benefits of overpaying whilst in a fix rate deal?
I have posted this in mortgage free forum also as I wasn't sure where it would be most apt. I would like to know whether there is any benefit of overpaying whilst in a fixed deal or not? I have 2 years left on a 5 year fix where I can overpay by 10% (£3k early repayment charge if I want to come out of the fix). I was…
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Mortgage application with Leeds Building Society timeframe
Hello hopefully someone can help on this. My and my partner are hoping to get a mortgage on a property that we have had an offer accepted on. We initially went to barclays as we both bank with them and went through a mortgage application in branch, we got accepted for a mortgage in principal but there was a error code on…
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Valuation by HSBC
So.. We bought our house in 2006.. At the time it was valued at £195!.. We went to remortgage with hsbc this last month and they sent their valuers around last week. We suggested that the house was now around the 180k mark.. Which is around 15-20 k under the values of similar houses in the area.. Yet the valuation has come…
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Help to Buy - Mortgage Product runs out next year..
Hello, I have a mortgage from Halifax on the help to buy scheme which I took out almost exactly one year ago. As the product is for 2 years from the lender I will obviously be looking to remortgage next year some time, however I am not clear given that the Help to buy scheme lasts for 5 years if I am still restricted to a…
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Portable mortgage but is this correct?
Looking to put our house on the market in jan and have been in touch with our current mortgage provider Britannia, they have said that our mortgage is portable with a small fee but they would basically charge us a full redemption fee (2k) which would then be refunded to us within 6 months of moving. Is this correct? Surely…
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Shared ownership mortgage
Just a quick question for checking my own affordability. 2 person, earning 26.5K each, buying a 50% share of a 430000 house with 60K deposit. What is the typical interest rate and monthly repayment for a 3 years fix, (terms 30 years)? If the deposit is to be increased to 86K? Every where I see is around 3.8-4.9%, it this…
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Please delete
Have just been reading some posts and found the answer!
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Remortgage to fixed deal
We have a mortgage application appointment with our bank this week as we are hoping to re-mortgage in order to go onto a fixed rate. When we took out our current mortgage it was via a broker. I have debt outstanding which defaulted about 7-8 years ago and no longer shows on my credit file but I am repaying a small amount…
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mortgage broker rates?
What's a good rate for brokers to be charging?
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standard life 25year endowment maturity
Ours matures in a couple of weeks, anyone had final bonus recently? (Not linked to mortgage for years so just a Xmas bonus this year!) :j
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good idea to get a fixed rate?
What's a good interest rate on a 4yr fixed rate atm? Or is the rates offered different individuals?
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Default and Getting a Mortage
My wife and I are looking at getting a mortgage later next year. I have been with Experian for about 6 Months keeping an eye on my Credit Report, All seemed good, with no CCJ's Default etc, only negative was saying i have no settled accounts so i decided to apply for a barclaycard Credit Card this morning,( so I could…
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Buying parents house with a 'gifted deposit'?
Hiya, So my partners Mum wants to sell us her house, to help us she will give us the deposit, the only problem is she wont have the money until the house sale goes through. Is this possible? I did a little digging online and found that if we were to do this we would need a signed letter drawn up by her solicitor to say…
