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Mortgage after bankruptcy
Hiya I was wondering if anyone has had a mortgage after discharge from bankruptcy? If so how much deposit? Who was your mortgage provider and how long after bankruptcy did you have to wait? If there is already a thread on this can someone let me know as I've searched but can't find it? Also when I buy I wondered if there…
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First Time Buyer Mortgage Recommendation
Hi All, Posting on behalf of my little brother, he has a found a new build he wants to buy and the builder is pushing for completion within 30 days. Can anyone recommend a good 90/95% FTB mortgage ? and a broker ? He was dealing with countrywide but has been let down badly as they kept coming up with deals and then as he…
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Need assistance to apply for a mortgage
I need to get a mortgage for buying a new home in Toronto. Me and my wife have a permanent job there and I own a house in Markham which was previously my parents house. Now they have moved to US leaving the house in my name. So I have decided to take a mortgage from Butler Mortgage to buy the home. This is my first…
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Seller conveyancing own sale?
Hi, We are first time buyers and have just received our memorandum of sale and I notice that our seller is conveyancing the sale herself. Is this common? Could it have an effect on how quickly everything goes through compared to her using a solicitor or does it not matter as long as she send all relevant documents etc when…
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Help to Buy & Porting Mortgage
Hi there I currently am in a fixed mortgage with Woolwich on my current property. A new development has began near us and we have been considering a purchase making use of the Help to Buy (Scotland) scheme. Whilst I understand in order to be eligible for the HTB scheme, we cannot own another property at the time we…
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Changing mortgage deal if made redundant
I am working but my partner has been made redundant. Our 2 yr fixed deal with nationwide has come to an end. I want to get a new product as can get a lower rate but am not sure if you can do this now our circumstances have changed? Can they take our mortgage away? Will the fact she is unemployed mean they won't lend to us…
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Payday loan history and mortgage
Hello all, I got trapped in the payday loan cycle in a really, really bad way - at its "peak" my payday borrowing was around £7k with six different lenders :( Anyway, I slogged long and hard and paid off every last penny of principal and interest, finishing about 18 months ago. I still hate myself every day, but I made it.…
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Natwest Mortgage Advice
Hi all, I'm new here so please bare with me. So, I completed a mortgage application with Natwest, via a broker, last Saturday. The broker advised me that is it is a 95% mortgage (HTB) it would obviously go for full underwriting. He also stated to me that I had to provide payment card details in order for the survey fee to…
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What constitutes an AIP?
What actually is this? As with our broker it was literally looking at a sheet that stated some figures and then submitted a full application. I'm not sure we've actually seen one?
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Reccomend a broker
Hi folks, Due to recent events we will most likely be needing a new broker and as he was the only one around us for probably 50-60 miles, we will need a national one/one that is happy to deal via phone and email. Quick recap on our situation: I earn £24k, Partner earns £18k, I have a default that started May 25th 2010,…
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What to do at the end of a fixed term
We are thinking of moving and increasing our mortgage quit a bit, I have been looking at figures and it gives me 40 products to chose from. On my current rate I'm on a lifetime tracker .95 + bbb r so 1.45 currently I would take this with me but any new rates would be in the region of 1.95 for two years then 3.45+bbb r Do…
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Buy to Let mortgage - changes
My OH and his sister have had a buy to let mortgage on their inherited home for the last 5 years. The tenant is now moving out and we want to move in and do some refurbishing before selling it and splitting the money? Can we just keep the buy to let mortgage as it is for 6month - one year?
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Halifax and Colleye's bad communication
Hi all, I have applied for a mortagage through the halifax for a new build flat. The valuation was done 2 weeks ago but Colleye's are still awaiting recipet of the CML discloure of incentives form. This was signed by the developer and sent to halifax on Monday who acklowged recievening the document instantly and said they…
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Remortgage before end of fixed rate?
I took a mortgage for my first home a year ago, and as I had only 5% depoisit I had to go for a crap interest rate (5.19%). Now I managed to overpay enough to be close to have 90% LTV, and I was wondering if I could go on the market to check whether I could remortgage and get a better rate. My fixed rate ends in a year. Is…
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Advice please on debt vs mortgage
Hello Thanks for reading, we’re hoping for some advice! We are both 47, no dependents. First full-time income of £47,500. Second income made up of two part-time jobs (one permanent, one 1 year into 10 year contract) £23,750 and £4000 respectively. Total guaranteed household income £74,250 (plus about £5K-£10K self-employed…
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Valuation impact on LTV
Hi, Any help would be great. Gone all the way through further advance with First Direct as existing customer. Valuation came back a tad under value I had given lender. Was on a 65% LTV deal but total borrow would take me to 68% LTV, so just outside. How strict are FD on such matters? Will they give me some leeway do you…
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Remortgage at end of fixed term deal
Please be gentle with me and forgive my ignorance, but I don’treally know what to do and when, when my fixed term comes to an end and youtype anything like this into google and you get such differing responses. My husband and I are due to remortgage in June of next year,by that I mean that our fix term of 5.99% is due to…
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Advice re mortgage redemption needed
My sister called round today to ask my advice re mortgage redemption, and I wasn't really able to help her. I am hoping someone on here may be able to assist. The situation is that she has an endowment which has just matured and the cash is sitting in the bank waiting to be paid off her mortgage. She has two mortgage…
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Can my boyfriend buy me out?
Two years ago my boyfriend and I bought our first house for £165k. I put 20% deposit down myself, he did not contribute to the deposit. Although I didn't 'protect' it, in that I didn't do a deed of trust and it wasn't declared in any way that the 20% solely came from me. We have been paying the mortgage payments equally…
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Don't know where to turn
My husband and I are splitting up and I am completely stuck mortgage wise. We currently have a £200,000 joint mortgage on a £280,000 and I do not earn enough to take his name off the mortgage, pay him his equity and continue the mortgage in my name. My parents would help but both are over 65 and will not be considered as a…