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Capital Raising - help please
I have a £26k joint mortgage on a £150k property as well as another property worth approx £65k. I need to raise £40k for a deposit on a buy to let property. I can't get an increase on my existing mortgage as its with my ex who is supposed to be buying me out (18 months and no sign yet) as he wouldn't agree to it. I've been…
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TSB any good?
Thinking hard about remortgaging to TSB on one of their 10 year fixes with no ERC after 5 years. Just wondering how they are generally as a lender? Our case should be fairly straightforward.
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FTB (but technically a home owner) question..
First post on MSE! I'm looking to apply for my first mortgage at some point this year.. Last year my mum transferred ownership of her house to me and my sister. I know that this now excludes me from the help to buy scheme but was wondering if this could help me at all to secure a mortgage?
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Survey before mortgage
I am looking to move home and will be getting a new mortgage as the one on the property am selling is coming to an end. I am looking to go with Virgin Money however I am unsure when to arrange for my surveyor to look at the property I am buying. Do I arrange for my surveyor to conduct the structural survey and then apply…
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Halifax online banking
Hi, My mortgage account appears to have vanished from my Halifax online banking. All my other bank accounts are still there. Has this happened to anyone else? Thanks.
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Use capital gain to pay-off HTB EL in year 6?
We're looking at properties up to 300k, with a 20% deposit, 20% HTB EL and 60% mortgage. I know the EL is interest free for 5 years after which becomes 1.75% adjusted for RPI. Obviously this becomes a concern as it would add a further £300 to our monthly mortgage payments. Question: Assuming our new home could appreciate…
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Selling at a lost
Hi, Due to personal reason I need to sell my home, turns out we be at a lost between 5-7k!!! will we still be able to sell it.. what will happen as I believe that we will have to pay the different.. could this be turn into a loan??? any help will be appreciated Thanks
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Pros and cons of mortgage change
Hello. My current mortgage is £18,950. Payments at 4.99% variable are £156 per month. Term left 13 years 9 months. Repayment mortg. Bank has offered new mortgage at 2.14% (only assume fixed for 2 years) then variable (LLoyds bank) mrs only got simple details in rush of moment. 2.14% on £20,000 comes in at £146 per month…
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What happens when your buy to let mortgage runs out?
Hi all, My husband took out a buy to let mortgage with his father in 2006. In 2016 it is due to end. It is interest only. The house was bought for £137,500 but is worth 10k LESS at the moment with no signs of improving soon. Will HSBC just let him and his dad sign up a new contract or do you have to give the house back? No…
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In a nail biting position!
Apologies in advance for the whole long story..I need reassurances! I'm a first btl buyer and put my offer in mid sept. The broker that originally applied for my mortgage left weeks ago. Searches done draft contract all done was just waiting for the formal mortgage offer from BM. Because they were taking so long I went to…
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Consent To Let/Lease - Armed Forces
Good Afternoon, I bought a house in 2006 on a residential mortgage. The original mortgage lapsed in 2008 and I have been on the SVR (currently 3.99%) ever since. In 2012 I got married and we had our first child. We decided to relocate to where I worked. We had the property valued at a significant lower value to what I paid…
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remortgage help advice please thank you
Hello I have a mortgage with mortgage express and they have been nationalised and are not taking on any mortgages, i am worried my mortgage ends in 15 years and there is no way i would have paid off the £88000 of debt. I am currently on employment support allowance for a disability and I am not sure when i can go back to…
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Quick Enquiry
sorted, thanks
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Any cases of lenders' surveyors "over" valuing?
So let's say I offer 100k for a property, the mortgage lender instructs a valuation survey and they value the property at 150k. Would lenders ever do this? Would the additional 50k be considered in LTV calculations? If so, could the borrower qualifier for a cheaper rate?
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Can i still get a mortgage even tho o already have one
Hello! My boyfriend and I want to get a mortgage but i am already on a mortgage with my ex. My ex has refused to take me off the mortgage as he wont be able to afford it on his salary. Is there anything i can do to get round this please? thank you :mad:
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Remortgage as single parent on low income??
Hi I am currently paying an interest only mortgage and want to remortgage to start paying back capital. With the low fixed interest rates I can afford to pay an extra £100 a month on my current monthly payout. My problem is: NO bank will touch me because I work as a part time supply teacher and am therefore classed as…
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Early Repayment Fees for Existing Nationwide Customers
When it comes to early repayment charges on mortgages in Oct 2014 Nationwide tried to make this fairer (statement on the Nationwide website dated Oct 2014) BUT it is only fairer for new customers - old customers have to put up with old rates. I for example have to pay 5% early repayment on a mortgage deal ending in 2016 -…
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Barclays Mortgage Reserve being withdrawn, advice appreciated.
Hi, I hope this is the right forum, apolgies if not. I took out a mortgage with Woolwich, now Barclays, years ago and was provided with a reserve account. I didn't use it until last year and due to financial issues have built up quite a sum. I applied for a remortgage and was told to apply for an additional sum loan. I was…
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Refer Nationwide DIP- How Long Did You Wait for an Answer?
My partner and I submitted an application for a DIP to Nationwide which got referred on 27th January. We sent off the requested documents (payslips, proof of bonus, bank statements and proof of gifted deposit) which were received on 3rd February. I know it has only been a week but I keep checking my application everyday…
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Transfer of equity
OK a simple one (you'd think). The title deed etc to my unmortgaged home is in my partners name only, however we want to change it to my name only (seeing as it's me that paid the deposit and the mortgage). No argy, bargy or falling out, just a simple transfer of the asset. The solictors are asking an eye-watering amount…
