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Remortgage to pay back help to buy loan..?
Hi guys, I've hunted on google but found very little on this, I hope you can help! My wife and I bought a house worth 250,000 with a 20% government help to buy' loan 2 years ago. We borrowed 180,000 for a fixed 2 year term which is now up for renewal. We have spoken to a mortgage adviser who has given us the following…
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Remortgaging in someone else name
Hi This is my first post and I hope u all can help. My husband and I are desperate to remortgage as we are on an interest only mortgage. We approached our bank and they didn't offer enough to cover the loan. We think that if I did it on my own (credit rating 940) I could do it however 1. My name is not on the original…
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Wondering how much will be lended
Me and my partner are starting to save for a deposit already know the new builds local to us we wish to live, but are so worried about what we will be lended , im part time he is full and has a few extra jobs we both get commision etc but how reliable are the mortgage calculators on websites, are they genrally good or…
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Struggling to get a mortgage please help!!
Hi, I am seriously struggling to get a mortgage with my circumstances. Please let me know if you guys know a Lender who can help me.* Looking for a property valued £220,000 * I have deposit of 30% * I am self employed and have 1 years of accounts (£38k profit last year) * I am currently on Tier 1 Visa been in the UK for…
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First Mortgage Payment
Hi all, We've just received our mortgage offer for our first home and I'm just wanting to know both when the first mortgage payment will be and also what it will be, I've heard people say double, and others say just the same amount. * We are accepting the offer and taking the mortgage on Friday which is the 7th August. *…
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New Mortgage adding Existing Debts
Hi all, I'm trying to convince the Mrs (Rightly or Wrongly) that we should use the £25000 deposit we have saved to buy the house we currently rent to pay off my £25,000 debt (Car/Credit cards) then Pay her £16000 credit card debt and then save together to get the deposit back up (Probably take 5years at £1200 per month if…
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Releasing money when remortgaging
Hello, I have a buy to let property in addition to my mortgaged first home. I am re-mortgaging my buy to let shortly. I have spoken to a bank regarding the re-mortgage, basically it has risen in price and I wish to keep my LTV at 75% and pocket the increase in value in cash and increase my mortgage which is interest only…
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Halifax Mortgage Offer Reduced
Good evening, We are looking for some advice as to our next best option. We have recently applied for a mortgage on a new build property with Halifax via the builders nominated broker. We had to get pre approval for the mortgage before we could reserve our plot, which we did, and we received an agreement in principle with…
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Credit Card Debt and Mortgage application
Hi, I have approx £13000 on CC at 0%, with a similar amount earning interest in various accounts. However I;m thinking of applying for a mortgage shortly, I own my own home so will be taking a new mortgage. Is it better I pay off my CC debt before applying, will it go against me, or is ok to hold on to it until I have to…
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To remortgage or not - want to move house...Advice needed?
Hi All So this is the situation. Last year I moved in with my other half. He has a mortgage on his house. He bought the property at the height of the housing boom - about 6 weeks before the market went through the floor. He paid £122,000 for his home, with around a £20,000 deposit - and a 40 year mortgage term :shocked: He…
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Mortgage wanted
Hello all Looking of some advice on buying first property. Me and my gf have plans to buy a house. However the financial situation is this. I am a fairly paid worker @ £26000 per yr , however my credit rating is shot and i owe £7500. which im slowly paying off. My gf is on minimum wage and her credit rating is perfect. Now…
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First time buyer and mortgage problems
We're out of our depth. Can anyone help please? My daughter is a first time buyer and needing a mortgage. She looked online and got a mortgage in principle agreement from Nat West which she obtained online. When she found the property she wanted she was advised to go with a mortgage provided recommended by her mortgage…
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Halifax Mortgage offer and mortgage deed
Hi, When Halifax offer a mortgage, does the offer letter sent to the solicitor also contain the mortgage deed or are these sent separately at a later date? Thanks
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Notice on drawdown of funds from lender
Hello :beer: Just been told my my conveyancer that I could "possibly" be exchanging/completing on Friday. They then said they had today requested drawdown of funds from lender I read elsewhere that lenders require 5 day notice. Is that right or just relevant to some lenders?
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Mortgage Broker Fee refund if they didn't actually do their job?
Hi everyone, Not sure where I stand legally with this so just wanted to get some opinions.. I took out a mortgage with a broker back in March. They forgot/misplaced my documents and therefore the bank didn't receive anything for over a month (when I eventually found out; broker told me all was well and it was in the…
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Help To Buy - finding it difficult to remortgage at end of fixed term
Hi guys, I bought a house for £225,000 back in January 2014. With the two year fixed rate term coming to an end and my house increasing in value I wanted to see what deals would be coming up. I understand some providers allow you to secure the rate six months in advance. However, I'm really struggling to find providers who…
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Defaults - is there any point in trying for a mortgage?
Researching mortgages and feeling disheartened. Have two defaults that will disappear at the end of this year as registered in 2009. Currently not fully settled as they are in dispute. They were brought about due to a 'one-off' life event- husband's prolonged unemployment after losing a business in the recession. Although…
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HSBC Lifetime Tracker - .79% above base! - PORTING IT....
Hi guys. I am going to be moving, in about 6 months time and looking at properties, and currently on the best mortgage ever - it was the HSBC lifetime tracker at .79 above base rate. My house is now worth about 250K and im looking at properties with my girlfriend of about 400K - i have 130K left on my mortgage. Now - in my…
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IFA for a mortgage
Hi, it's been a while, 11 years since I last moved and I wondered if with all the financial service changes in that time if it's worth using a broker. I've always sourced my own mortgages previously so don't understand if they can offer me something I can't do myself? If they can what sort of fees will I incur? I should…
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Mortgage chances with potential poor health?
My wife and I are starting to seriously look at buying a house due to the recent birth of our 1st child and the serious lack of space we have where we currently live. I'm 36 and have Cystic Fibrosis. I've always assumed it would be impossible for me to get a mortgage due to my CF, but is that the case? What kind of health…
