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HSBC - Surveyors
Hi All, I'm new to this forum and a FTB! Very excited to have begun this journey finally after 3 years of scrimping and saving. We have applied to HSBC for our mortgage application and it has been approved yay! Now, the reason why I am posting here is because I want to know your experiences on how the process has been for…
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Remortgage - partner temporarily not working
Hi there My husband has taken a 6 month unpaid break from work (ie he left his job) to do some exams. Unfortunately our fixed term mortgage expires during this period and we really don't want to be stuck on the variable rate. I reckon we can cover mortgage and monthly essential costs from my own salary with enough left…
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Mortgage Funds released a day before completion
Last week, my solicitor requested mortgage funds from Halifax. She requested funds to be released a day before completion. I do remember she mentioned this is normal to request funds a day before completion to ensure everything is in order before completion. The exchange and completion is set to happen on same day which is…
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Halifax! Full mortgage app and valuation fee taken!?
Hi all! Wondering if you can help... Submitted my Halifax app through our broker this morning... Checked Experian just now and can see there is a search from them from today marked as "first mortgage" I have also seen they've taken the £665 for the homebuyers survey, as it's showing as a pending transaction on my account.…
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Fixed term coming to an end..... what next
Hi everyone, I am looking for some advice regarding my next step in the world of Mortgages. I purchased my first house in Dec 2013 £192000 Value but I put down a 15% deposit. 3.25% mortgage rate fixed for 2 years so it ends Dec 2015. The rate then goes up to 4.24%. It's a 25 year mortgage. What I intend to do is arrange an…
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Need some honest advice
Hi Guys I have been reading this forum for a while now and have read some really helpful stuff. My partner and I have seen a house that we love - we have been renting for 10 years! The house is £210,000. My partner earns £48000 a year and has a clean credit history. I earn £25000 a year and have a disappointing colourful…
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mortgage calculator
hi me and my partner are looking to buy a house in around 6months. been doing a few calculations the first is with me her and 2 children. with an £18000 deposit. 4-5k income of tax credits. and employer income of 18500k gross. the calculator is coming out lending me a mere £18000. same calculator with a single application…
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Tesco mortgage and fixed term contracts
Hi, I have been dealing with a broker regarding my remortgage because I am on a fixed term contract of 3 years (I am a post doc researcher, it is the nature of my work that we have fixed term contracts). My contract began 11th May this year. I am looking for a 5 year fixed rate deal. Property worth 165K, I want to borrow…
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Broker email response - how long?
Hi there I'm just wondering if anyone can give me some perspective as to what is an appropriate time to wait for an email response from a broker? I have been dealing with a broker company that I used for my FTB and were great. I have been assigned a different case manager this time andam getting a little impatient trying…
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Getting a Mortgage with no credit card
Hi everyone My boyfriend and I are looking to get a mortgage. He hasn't got a credit card but is registered to vote. He has had a mobile phone contract for three years. Is this enough to get a mortgage or does he need to get a credit card as well? Many thanks in advance.
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Anyone waiting valuation to offer from LEEDS BUILDING SOCIETY
It has been 8 days from receiving valuation, still no offer?
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My situation
I've done a bit of reading and now am slightly worried. My situation is that I have bought a new build property off a third party and not the developer (ie. a resale). Am I able to obtain a mortgage on this? I have read that lenders do not like to lend in this situation?
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Supplementary Conditons - Paying off Credit
Hi Have a mortgage offer that stipulates credit commitments need to be paid off within 30 days of completion That is fine as we knew this would be the case and have the majority of the money to clear from equity However an amount will be paid off from salary inbetween exchange and completion (new build property so long gap…
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Halifax Experian Credit Check Help
Hello, My mortgage application went in last week with Halifax and I am currently waiting to hear back. A few days prior to my application being submitted I cleared £2000 of a £4000 credit card debt. I have just checked on my experian account and noticed that the debt is still sat at £4000 and that Halifax have ran a check…
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website tracking mortgage changes
There was a website tracking mortgage interest rate changes for all lenders, very simple interface (just a table) and they had a notification feature as well, does anyone know it? Thanks,
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Mortgage on unemcumbered property query
Hi all, I am planning to buy a plot of land in the next few weeks and have a home built which I'd project manage - but it's all very much in the early stages and am just checking all my ducks are aligned. I am planning to lend myself money from my company to buy the plot + complete the build, if my figures add up…
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Mortgage company under valued my flat!
Hi I had an offer accepted @ 300k for my flat and nationwide (my buyers mortgage company) only valued the flat @ 275k. The people downstairs on the ground floor are selling theirs @ 300k also and got 300k valued by Halifax. The flats are exactly the same size and layout - the only difference is theirs has a 1m x 1.5m of…
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is it really this easy?! renewing halifax mortgage
We just got a letter about our fixed rate being up at the end of the month, the new interest rate and new monthly payment. At the bottom it had a link to their online switch service which I have now had a look at and it says we can switch to a new deal which will save almost £100 a month, no fees, all done online in 10…
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Does it matter where salary is paid into?
We are looking to apply for a joint mortgage soon Our DIP is with Halifax My partner has his salary paid into a current account that is in my name only (this current account is also with Halifax) For us it is much easier to pay all the bills out of one account and we didn't want a joint account as my partners credit rating…
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Mortgage in principle problem
Hi all, I recently called up Natwest (who I've had a current account with for 10+ years) for a mortgage in principle, but they turned me down on the basis of a 1 month gap in employment between my current job and my previous one, citing the fact that this job transition only happened 3 months ago. This 1 month however was…
