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First Time Buyers - New House
Myself and my partner are looking at buying our first apartment and have found a development of new houses and apartments. One of the apartments is very cheap due to incentives offered which reduce the price significantly. We are confused and would like an idea of what to expect from the process before we go to view the…
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Please help - 5 weeks of problems trying to acquire nationwide AIP
I am a recently qualified doctor about to start my new job in August. My partner and I have relocated to the area where I will be working and he has began his new job. His job is permanent but has a fixed probationary period of 6 months. Before we moved back, my mum offered to gift us a deposit and had a discussion with a…
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Partner has previous repossession
Hello First off, thanks in advance for any advice My partner went through a repossession in 2009 following a redundancy. There was a shortfall of 20k which he hasn't been paying as they have stopped chasing him and have marked it as settled in December 2012 following a default in June 2012. I've been looking at getting a…
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Official reduced mortgage term v longer with overpayments
My current fixed rate is due to expire in about 9 months so I'm just starting considering what my next move should be. I'm due to pay off a chunk of mortgage with a lump sum before I remortgage, so if I keep the same term, my payments will reduce significantly. With this in mind I'm contemplating either reducing my…
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Valuation problems and delays- Help!
We are using a broker to obtain a mortgage through TSB. Our full application and all supporting documents where sent through to TSB on June 19th and the valuation (with Colleys) was booked in for the 24th. This date came and went without word and when we chased last week it turned out that the valuation had not taken place…
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HSBC - how long to process mortgage ?
Hi, Just wondering if anyone can give me an idea of the current amount of time HSBC are taking to process a mortgage application, once you've had the interview to make the proper application (ie. not just the one to get an agreement in principle) ? I asked HSBC but they were a bit vague. Any figures from people out there…
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High amount of debt and remortgaging
Hello MSErs Hoping for some advice please. I am due to remortgage in September and would like to know if you think I will be able to. My situation has changed since the last time I was looking into mortgages, in as much as I have built up a hell of a lot of debt. It is unlikely I will pay off much between now and September…
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Let down by broker. What can I do?
Mortgage Application was submitted on 5th June and I chased it after 1 week, 3 weeks, 4 weeks etc. Just got a vague holding response each time. Found out today some of the documents the bank needed were not submitted on time so the bank just cancelled the application. The broker resubmitted yesterday but didn't bother…
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Is there hope?
Good Evening Folks, I'm looking for some advice to see if this is even feasible before I engage a broker and would welcome any thoughts. Our landlord has just announced he wants to sell up and has offered us first refusal, however our credit history isn't the cleanest and I'm petrified at the thought of applying and…
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Equity release
We have a house in fulham with alot of equity in it. Whats your guys best advice to release equity from the property. We're overseas landlords and the house is currently rented.
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Surrender Endowment?
I took out a with profits endowment policy with AXA (now Friends for Life) in July 1999 for £25k paying £47 per month for 25 years so it still has 9 years left to run. The policy is not attached to my mortgage as I have switched to a repayment mortgage so technically I am free to do what I please with it when it matures.…
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Charging order & remortgage - Advice Please!
I'm new on here so apologies if this is covered on another thread. My home is currently has been mortgaged with Nationwide for about 15 years and I have had a remortgage accepted with NatWest. Several years ago my ex-wife and I consolidated our loans through Nationwide. This loan was in joint names. We got into difficulty…
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Can't Find the Cashback on Woolwich Mortgages?
I'm looking to re-mortgage as I'm currently on Natwest's standard variable rate. I've used the MSE Best Buy Mortgage calculator to find me the best Fixed Rate 10 year mortgage with a low setup fee and it's pointed me towards the Woolwich (Barclays) mortgages. MSE claims there is a £35 setup fee and £475 cashback, however I…
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Refusal of Consent to Let (Santander)
Hello, I am having a complete nightmare, I am in the process of relocating with my work to the USA. - My wife spoke to Santander 2 months ago where the mortgage advisor told her we could get consent to let if we paid of our arrears of £90 which we have no idea where it came from. It was the end of the month money was tight…
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Help to Buy 2: 7 Year Restriction
Hi all, I've received a 2 year fixed rate, 95% LTV, mortgage offer (approved) from Natwest. But have been getting mixed responses regarding this statement in the paperwork: "You will not be able to apply for additional secured borrowing until the expiry of 7 years from the date of completion of the Original help to buy:…
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Chances of Getting a Mortgage
I'll try and keep this short. Basically a first time buyer looking to buy at around £110k, 15% deposit. Around 3 months ago, before I even thought anything like this would affect my credit rating, I opened 2 new bank accounts with high interest offers. I thought I was doing the right thing at the time having my deposit…
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Nationwide error & exchange date next sunday :\ advice please
Hi, We are FTB's in the process of buying a new build property with 20% equity loan in the South East. We reserved the plot June 16th with an exchange date of July 19th (which is only a week and a half away!) We put through our full application on June 17th and the initial process was quite smooth (NW asked for docs which…
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HSBC 1.99% Lifetime Tracker via Premier ?
Look at going to for the HSBC deal, by opening a Premier account with £50k invested with them, as they'll let me have an interest only mortgage. Anyone used this method, if so did it work out and how long did it take. Don't want to delay the chain we're in !
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help to buy scotland
Hi there, Just looking for a little bit of advice really. I have a mortgage just now and i am looking to move into a new home. So i went to the bank to discuss mortgage options and everything got the green light. So i found the perfect house, a new build by Barratt Homes, and advertised on the website is the Help To Buy…
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Where can I find a Private Lender / Private Mortgage
After speaking to 3+ brokers today I found out because I'm self employed, first time buyer, age 22, who want's to let and doesn't have "audited" two years of accounts (I filled them myself on HMRC) basically I'm doomed to be living at home for the rest of my life. I want to buy a property to rent out and generate…
