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Remortgaging advice
Hi, I'm currently on contract, been there about a year, and literally going permanent tomorrow. I'm wondering if this would increase my chances of remortgaging and buying another house as ours is getting too small. Do mortgage lender still work on multiples? Current situation, mortgage £200k with 15 years to go @1.9%, cash…
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Wall Ties done for Mortgage Retention but they want a full valuation survey ??
Hi, Looking for some advice. I have just forked out £1400.00 to isolate and have new wall ties put in my semi detached property. I purchased the house on the 18th September 2015 with my mortgage being with Skipton. They put a £2500.00 retention on the mortgage because of eroded wall ties.. So... I have had the wall ties…
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Remortgaging - newbie at this
Hi, Our current deal is coming to an end next month and the broker who arranged our first mortgage has asked if we want to look at more options. I know absolutely nothing about any of this, how easy is it to do? Do we have to go through the whole application again? We bought on Help to Buy, so are mindful that we will need…
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non-annual review scheme
we are on an annual review scheme with our mortgage provider - is it better if we change to non-annual review scheme picking up changes on a monthly basis, as and when interest rates change.
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Too early to start remortgaging with HSBC?
Currently have a HSBC mortgage. The fixed rate expires in late April, and I am very interested in the 2.19% 5 year fix they have at the moment Two questions: 1) Can I pay the fees now to lock in the product until my existing fixed rate expires in about 5 months time? 2) I want to raise the mortgage value from 380k to 700k…
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Shared Ownership Mortgages
I am a 35 year old guy, who hasn't got a great credit rating or a lot of money and i'm always renting. how do i go about getting a mortgage for shared ownership because i'll be owning a certain percentage do i need a special mortgage or is it a normal one? on hsbc's website it asks for "house value" if the house was worth…
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Meeting to go over mortgage offer - normal?
I'm a first time buyer, after renting for many years. I'm finding the process of getting a mortgage pretty drawn out, compared to what a family member is going through. FYI - I'm in Scotland. I’m in permanent full time employment, zero missed/late payments on credit file ever. Credit commitments are a car-loan and credit…
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What should I do with my savings?
Have six years left on my mortgage. Total debt about £115k - £85k endowment, £35k repayment. Have enough savings to repay whole debt but interest rate on mortgage is only 2.5% and doubt I could borrow the money back (self employed) if I wanted to help my kids get on the property ladder. Suggestions?
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Self Employed Mortgages
Hi My other half and I went to a financial advisor last year to get advice about mortgages. At the time we decided we would wait another year to buy a house so we can save more. My other half is self employed and we have done his tax returns ourselves for the past 3 years (refuse to be ripped off £600 for an accountant to…
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Mortgage After DMP For Self-Employed Couple
We finally settled our DMP after 7.5 years at the end of June 2015 with everything completely settled and paid off. We are currently renting. We have a £35,000 deposit and have had an offer accepted on a house valued by the lenders surveyor at £170,000. We are self-employed and have a limited company which has been trading…
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When do you apply for a mortgage?
Hi guys, we've just sold and exchanged - we complete in a few days; we've just started looking at houses, although we are staying with relatives in the interim. A couple of weeks ago, I rang up Nationwide about their 10-year fixed mortgages - they said that it would be best to just to an affordability check for now, and…
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How soon new mortgage?
Hi just looking for advice on how soon I can apply for a new mortgage? Just remortgaged (1month ago) my house with a new offset provider, I have savings and was previously with another offset provider and this system works very well for me :) I am now in a position whereby I could possibly buy another property on my street…
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Bank changed how much willing to lend
Hi All, Hopefully someone can help as I'm confused, here is the situation, My girlfriend and I are planning to buy her dad's house under a concessionary mortgage, value of house is £90k and he is willing to sell to us for 70k, approached TSB who said this was fine and we would need no deposit as the 20k difference covers…
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Mortgage after separation
Looking for some advice. My partner and I are separating. Her choice, not mine. We bought our flat for 90k 2.5 years ago. It's now valued at around 108k. We owe 66k so have 42k in equity. We've agreed I will buy it. I was planing on giving my ex £21k and we would share any legal fees. However my family think I'm a mug as I…
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New Build Mortgage if I own the plot
I hope someone may be able to advise. I'm looking to buy a new build in Scotland. The contractor has his schedule set for a July/August finish and entry. I'm renting currently so seeking to bring this forward. If I buy the plot from him now, and enter a construction contract they will finish it in early February (the cash…
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Change jobs after exchange/mortgage approval
I have recently had a mortgage approved and subsequently exchanged on a new build property. The property construction will be completed over the next few months. I have signed up for a joint mortgage with my partner. A little while after exchange my partner has accepted a new job which has a higher salary and better…
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Where to find a newbuild HTB broker?
My husband and I recently reserved a plot with one of the big builders, it's the last plot on the development so we have negotiated a good deal and are in a position to move quickly once we have a mortgage. We told the builder outright that we wouldn't be using their preferred broker as they don't tend to have the buyers…
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Charges for electronic money transfer
Just completed a remortgage and there is a surplus of around £400 to be paid to me by my conveyancer. Originally they asked for bank details of where any surplus should be sent but they have posted a cheque. I contacted them to say I would prefer it to be transferred and was told there would be a charge of £35. Therefore…
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Concessionary Purchase from GF's Great Gran!
Hi All, I understand this question has probably been asked 100 times but the search function is not giving me the answer I am looking for. The situation Me and my girlfriend are looking at buying a flat. Her great gran currently owns a flat that has been valued at £200k, and is currently rented out. Her great gran, bless…
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Mortgage advice
Hi, One of the sub-accounts on my mortgage is coming to the end of its term in December,the rest of my mortgage has 5 years remaining and is solely in my name.I am looking at switching to a repayment mortgage from being on interest only due to financial reasons.My dilema is i married in March this year and my partner has…
