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Save To Buy Scheme ?
Hi all We are looking at selling our property soon and have been to our Building society to look at Mortgages. We were given 2 options, one was to apply now, the other was to do the Save To Buy scheme (which would mean staying put for another 6 months. i am quite desperate to move now due to poor health brought on by noisy…
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Switching mortgage deal (Halifax) on Help to Buy
We're coming to the end of our 2 year fixed rate deal with Halifax having bought our house with Help to Buy in 2013. We'd like to look at our options for switching but would like to know if they'll run full credit checks again when it's not a full mortgage application? Does anyone have any experience of this? Have tried…
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Mis-sold mortgage?
I'd appreciate some advice on an issue related to a relative of mine. She's 39 years old, single with no dependents and has been in full time employment for over 15 years. In 2007 she went into Alliance & Leicester to apply for a mortgage for £46,000 and took their recommendation on the best product for her needs. She…
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Please help me know what to do about my endowment!
We bought our house with an interest only mortgage 16 years ago, so we have 9 years left.We took out an endowment at the same time, which we pay £250 a month into. The endowment is on track to pay off the mortgage in 9 years, assuming a 3% growth. The mortgage is 125k. My question is, did most people who took out these…
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Change of name prior to mortgage application?
Hi all, My fianc! and I are getting married in November this year. We don't want to keep my surname (no need to wonder, it's nothing 'weird', we just don't like it) and I intend on changing it by deed poll within the next month. My only reservation is whether this will affect our mortgage application. We will have…
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Getting a mortgage with an AP on my credit history
Hi folks, First time poster here but I've lurked for quite a while. My wife and I are going for a joint 95% mortgage. Her credit history is excellent but mine has an AP (arrangement to pay) on it whinch was cleared in January 2011. This AP shows on the file for a few years previous to that. Since 2011 there is nothing but…
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Meeting mortgage payments
Hello, Apologies if this is the wrong place to post. I lost my job almost three years ago. I got a pay-off which helped us pay the full mortgage (about £700) for two years. When the money ran out, the Building Society was helpful, agreeing to what amounted to interest only plus a nominal amount off the capital. We…
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mortgage declined twice
hi advice needed please- brief history first me and oh made bankrupt march 09 repaired credit file since and have really good scores on all credit files 985 plus -applied 95% mortgage and have £5000 deposit for £100,000 property applied to halifax which agree aip of £166,000 and informed that mortgage approved-yey then…
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DIP from Nationwide going with Halifax?
Hi, I had a DIP from nationwide a few weeks ago with two hard searches from them and one for nationwide flex current account. Due to some criteria problems with NW I am going with halifax got an AIP from halifax today and booked an appointment at branch for Thursday. My question is: Will I get declined because of 3 hard…
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Part transfer of deeds and buy to let mortgages
Ok hello everyone I hope you can provide answers to the 2 questions I have for you My partners mother wants to move and is selling her house, she wants to buy a second property that her daughter and grandchild can live in. She wants to move into the property that her daughter currently lives in (with a mortgage) property…
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Council tax start date?
Hello guys, I'm in the process of buying a house. I am a little confused as to when I should sort out the council tax, I will be in line for a 25% discount. Does it legally need to be sorted for the day I own the property or are you given some slack to sort it out? Thanks! edit: !!!!!! I think I've posted this in the wrong…
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Running a business from home - telling mortgage company
I've just received my mortgage offer and reading through the paperwork - just had a panic. The house is being purchased by me but my partner will live in it with me. He has his own website which he runs from home. I have just realised that this may be classed as changing the property's use? Can't see anything in my…
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Income Proof - Court of Protection Parent Carer Payments
As parent carers for our disabled son, my partner and I get regular ex-gratia payments from his compensation monies at Court, which are non-taxable. As my son's Deputy, I am authorised to make these payments under the Court Order. So far, we have not found a lender who will accept these payments for mortgage affordability…
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AIPs/DIPs - how much do they mean
Hi all How much do AIPs mean? I used Natwest and Barclays as both do soft searches, I used Barclays for a sole application in my name, and Natwest for a joint application in both our names.. I done this as my wife has a little more debt balance in her name compared to her income. I was offered £160,000 with 10% deposit…
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Mortgage Start Date?
Hi. Does anyone know if a mortgage starts when the monies are released to the solicitor or when the sale has actually completed? Basically due to an oversight on my solicitors behalf the monies were released a week earlier from when we completed. I understand we are charged interest from when the monies are released but if…
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solicitors - should we chase them?
So we had an exchange date with bellway for 14th of august. Everything is sorted mortgage offer etc we have the deposit paid the fees we needed to to solicitors etc however were still waiting to exchange should we be chasing them or just leave them to it? They are aware of the dates etc and we're recommended by bellway and…
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Rent or Buy - that is the Question!
Dear All I want to pick you brain :A on my situation : I am on a Tier 2 General with one of the largest professional services firm in London. I am in UK since January 2013 and have the validity of the visa until September 2017. Now I am in a window where I have just stayed in UK over 2.5 years and have 2 years validity…
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How much mortgage is too much
Hi, First of all apologies if this question looks vague. But, person i know owns two houses, both mortgaged and total mortgage of 550K. He is of age 32 to 33 ish. Both are independent and freehold properties. Just thought of asking whether the mortgage amount on just two homes is too much? Thanks for the help in advance?
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ReMortgage or keep cash
Hi All, thought i'd look here for some thoughts/advice on remortgage. I'm looking to downsize soon and using equity against my current property should be pretty quids in. I should only need to take out a small(ish) mortgage but thought it might be good idea to port my current mortgage and would then be able to keep surplus…
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clear debt vs deposit
Hi! Can I have some advise please? Myself and my husband have recently sold our part buy, part rent flat last year and came away with enough money for a small deposit to buy a house in the future for our growing family. We are currently living with my father while we continue to save but want to buy a three bedroom house…
