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Sell of BG Group to Shell
We own BG shares and understand they are being brought out by Shell. Does anyone understand the implications to us, as shareholders? We've had a letter from BG Group but you need a degree to understand it!
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Remortgage current property came in £70,000 less help!
Hi I am really hoping someone can help me with my problem. I wanted to remortgage with my current lender in my current property. Don't want to borrow any extra just wanted to get a better interest rate. They have sent their surveyor around and I have had estate agents around to value as well. The estate agents have both…
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BTL Interest Only; Can I make capital repayments as well?
Hi I'm looking at BTL mortgages and would like to go interest only, but would also like to be able to pay off some of the capital if circumstances allow. Is this normally allowed by lenders? Thanks
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Additional Borrowing with Halifax
Good morning, Hopefully someone can iron out a few questions we have before our meeting on saturday. Back in 2012 we bought our house on the RTB scheme and borrowed 30k from the halifax over 8 years, 5 years fixed. (House valued at 75k) We are now at the point where we need to do home improvements, full new kitchen,…
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Keeping my mortgage offer safe - First time Buyer
Hi all, First poster :) I hve gone through the process and found my home, had my offer accepted, mortgage accepted, exchanged and have a completion date. I am purchasing via mortgage, and it is with the Leeds Building Society. I was having a conversation with someone at work who said to not take things out on finance…
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CII or IFS
Hello all, sorry if I have posted in the wrong area! I have been looking at doing my mortgage qualifications for some time. now i am debating whether to go through the IFS route or the CII route. IFS i would take the modules individually and be approx £365 per module (including the CDT tool) or doing the combined course at…
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First Time Buyers - can we get a mortgage?
Hi, I've been reading this forum for a while now and was wondering if you could offer some advice to put my mind at rest? My partner and I have moved back to our parents house to save for a deposit for a mortgage. We are hoping to buy at the end of the year. We hope to have £20-30k deposit on a house value of £200k max.…
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Quick question
What are the Halifax Intermediaries please? I stumbled on their website and their lending calculator is way off the main Halifax site? TIA.
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Mortgage process started...
On Friday we had an offer accepted on a property. I provided broker with docs yesterday and mortgage application was submitted. Broker said we passed the initial credit check. This afternoon Halifax asked for further documentation relating to a mortgage we currently have with them for a rental property. Sent bank statement…
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Mortgage lender for maisonette
Hello all Wife and I have had an offer accepted on a maisonette and have now realised that not all mortgage providers will consider lending above 90% on these type of properties. London and country broker is having a look for us and would appreciate it if anyone else could point us at any lenders who we could also…
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not on electoral register_mortgage
An EU citizen living in the UK many, many years, have good credit history, never borrow any money, not own a credit card, have bills on direct debit, never over drawn, etc, etc....but....not never been on electoral register in the UK. Would this affect the mortgage application? Thinking of asking my friend to go for a…
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Worth negotiating with current provider?
Hi there Am on a 3 year fixed rate with Furness - 3.49% Current deal ends 30th September this year and their renewal letter has just come through. Their best "like for like offer" is 3.05%, fixed at 3 years. However, a cursory glance at their website shows that new customers are being offered 1.99% fixed for 2 years, or…
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help for student who is a first time buyer
I would like to buy a house for investment. it is £60,000. My partner has 2 jobs. he has his own business now for 15 months and an evening job. His total income would be in around 20,000 per year. i am a student and my income is around 10,000 per year this includes part time job and grant money. (no loans) we would like to…
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Endowment complaint - is it too late to appeal to the Ombudsman?
My girlfriend (now wife) and I took out an endowment (100% managed fund -unit linked ) with the MI Group (now Sanlam) on 2/11/1990 which is due to mature on 2/11/2015 to cover our first mortgage of £45,450 for a premium of £65 /m. As at 15/5/15 their value is £26,785. We complained to the MI Group in Aug 2005, received a…
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Would this work
Some years ago I sustained a back injury at my employment, this injury lead to long term sick leave and I was told that I needed an operation on my back.:( I was laid off by the company; I was told I will be off work for some time; I ended being out of work for around 5/6 years and to survive we got credit cards and…
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Success! Or is it..?
Santander agreed our mortgage application yesterday, our broker said they will now go quiet for a few days as the valuation has been instructed and need carrying out. It's my understanding that Santander can still pull out at this stage though. Is the agreement now set in stone or is it not official until we get our…
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Credit score and mortgage
Hi all, I know that credit scores generated from the agencies don't mean a great deal and that lenders use their own lending criteria, however I was interested to see that average Equifax score in the UK is 380 which is in the 'FAIR' category. This does suggest that the average lender is not unblemished. How does this sit…
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Are we now considered 'sub-prime'?
It'll be time to think about remortgaging in around 2 months time and have had a real rollercoaster ride since we last changed provider. My loss of income for a period meant we had to enter payment arrangements through SC and have trashed our credit file in the process. We are not in a DMP or IVA and I am now back in work…
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Woolwhich V Leeds BS
Hello, I have just discussed my options for a mortgage with a local broker and he has told me the only 2 lenders that can help me are going to be Leeds BS or Woolwhich. Basically I have just has surgery and as a result have been off work however I receive 6 months full pay so my salary has not changed. I am due to return…
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Halifax mortgage process
Hello all, I have posted on here before but have a bit of an update which I wanted ask about as It seems a bit doffernt to the process's I have read about. So I have applied for a mortgage with Halifax last Wednesday. I had a call from my brokers pa today to say it has been through the underwriter and was all ok'd now they…
