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Help to Buy in London
Hello, first post here but I'd appreciate any help I can get! I'm a Londoner and don't see myself leaving the big smoke so, since I was a wee child I have been saving money. I don't drink/smoke or go out clubbing very often so my expenses are not great. During this time period I have amassed, through various means, a…
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Buying a buy-to-let property as a first home
Hi, I'm a recent graduate, earning 25k per year, and I've started looking into purchasing a property. However what I've quickly come to realise is that most flats in my city are much too expensive for me to afford, even the ones on the outskirts. I went to university in a northern town and know the area quite well. I've…
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Me again..
I feel like I'm babbling on too much here, but my nerves are crazy right now lol. We put our mortgage application in on the 23rd of February, valuation was done on 1st of March, and yesterday (4th March) my mortgage broker gave me a quick phone call to let me know the lender had been in contact with him and said that…
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First Time Buyer
So, I am a 26 year old female and I am purchasing my first property. Although it is very exciting, I do not welcome the stress or the worry I have experienced. I have applied for a mortgage and they have offered me over 4x my salary, which I require with my 10% deposit. I could have afforded more but I like having that for…
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Mortgage Application & Car Finance (first-time buyer, please help)
Hi all, I know there are a lot of questions on the internet about this one, but I wanted to put my own situation down and see what people can advise me on. We are a couple looking to buy our first home and currently seeing how much we can borrow. Sadly my car died last week and I need to get a replacement. Ideally not a…
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Where are we?
We met with our current mortgage provider (Halifax) on Tuesday 29th Feb to discuss adding me to the mortgage and upping it by £25,000 The meeting lasted 90 minutes we produced all of our paperwork and they did a credit search which came back fine and we were given an AIP. They are doing a valuation on 10th and we should…
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Mortgage brokers
Just a general question i've been wondering about.. Are you more likely to be accepted for a mortgage by going through a broker, than going direct to the lender yourself? Thanks :)
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mortgages and poor credit ratings....
I'm not sure if this question is best placed here or on the credit file section but here goes..... We would like to upsize........we had debt, and at the turn of the year cleared it...(woo hooooooo) We are now saving £1200 a month and we budget realistically so things are good. Figures below are rough guestimates We think…
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Discount mortgages
My mortgage is up for renewal soon and I've seen some good rates for discount mortgages from a couple of smaller building societies. Are there any rules governing what lenders can do to their SVR, and thus drive the interest rate that customers have to pay? I'm a bit nervous that it's not directly related to the BOE…
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Complications with Re-Mortgage
Hello All, I am hoping you can provide some help or direction. My wife and I brought our first house together just over 3 years ago, and we took out a mortgage with Natwest on a 5yr Fix @ 4.79%. We have made some over-payments but we still have a large amount to re-pay, however we have just had our first child and my wife…
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Help to buy
Hello, Is it possible to get the 20% help to buy mortgage equity loan to help towards the deposit on a percentage share of a shared ownership property? Or is it not possible to make use of both schemes at once? Many thanks
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Conveyance solicitors payments
Hi all - quick question, we are currently sorting out out solicitors paperwork and they're requesting a £7 charge for some searches and they want us to pay by credit or debit card - but they state they cannot take this charge over the phone, instead we must fill out a form to send by post with all our payment details on,…
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Help with remortgage?
Hi All, We have saved up a considerable sum of money which we want to pay off our mortgage. We took out the mortgage (stupidly) 2 years ago when we only had a 5% deposit, so we are paying a huge amount each month. Using the MSE calculator our payments will be £309 a month for 24 months, however then they will shoot up to…
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Mortgage - unusual circumstances
Hi All, I wonder if anyone can help. We have a family house (in my moms name) and we have a mortgage/loan on it (only about 60k left to pay, of the 500k value). The property includes a business, and 2 flats (occupied by family). As we are in one of the flats and pay our share (rent) i thought i could help my mother by…
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Remortgage issue with HSBC...
Hi, I am looking to tidy up my finances in the near future and have a question for you all... We currently have our mortgage with HSBC, and when I asked if I could remortgage with them, bundling in a separate secure loan from another lender, using the equity on the house, they said that it wasn't possible (can't remember…
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Overpayment Help
We recently moved house (four months ago) and as this is our forever home and more than our initial budget we got a mortgage until my husband is seventy we went through all the credit checks payslips how we will pay after his retirement etc etc.. our endowment has just matured from Aviva and I rang to pay 10% off our…
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Remortgage and taking name off Property Title
Currently have a joint mortgage with my son on our current property so we are both name on the property's title deeds. Our deal ends this month. I have a remortgage option where my income is sufficient to obtain the loan. My son is moving out and is looking to get his own place. Would this cause a problem at remortgage…
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First time buyer fees advice apreciated
We are first time buyers and have just had an offer accepted on a house. We have just had a meeting with the mortgage advisor at the estate agent selling the house and we are now looking for advice from you guys. They made a big sell on us going with their solicitors and mortgage advisor as it will make the whole process…
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Never ending saga - Asbestos
Buying a flat in a converted 1850 block in London. Almost ready to exchange, had mortgage offer, all good to go, but they were missing asbestos report on common area. Is that a legal requirement by the way? The report has arrived and there is 1 low risk asbestos item in the hall. The walls are fine, but there is an…
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Darlington building society
Hi there! Anyone had any experiences with Darlington Building Society they can feedback on? Thanks J
