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Offshore Mortgage Lenders
Our situation is complicated due to foreign earnings. I will check HSBC this morning but am gathering a list of offshore mortgage lenders in the interim. Does anyone have any recommendations? Ps, have tried two brokers and neither have mentioned the 25% reduction in earnings which is problematic for us.
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About to go freelance. Terrible decision??
Oh please help, my poor head is pickled and I don't know what to do. I've been headhunted for a new job. It's currently only an interim position on a short term contract (I'm trying to negotiate that contract at the minute). It's in the public sector, so public sector rules are you need to open it to the market. So this…
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Unsure of BTL options whilst renting.
I'm currently renting a place whilst contracting and moving around the country but would like to tie some money up in property for the next few years as I move around. If I were to buy a property with the view of renting it out am I right in thinking that I'd only be subject to the First property rates of Stamp Duty as…
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HTB partial redemption without selling issue - advice appreciated
Hello everyone - long time reader, first time poster! I'm currently experiencing a very stressful situation trying to partially redeem my Help To Buy (10% out of 20%) without selling through further borrowing and increasing my mortgage against the new valuation of my property. My existing mortgage is with Halifax and…
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MS Money and Remortgages
Hello, I know MS Money is dead and no one probably uses it anymore. But on the bleak chance someone still does, I was wondering if I could ask a question on making remortgage changes to it. I have a loan account associated to my current asset (my home). And I have been diligently pointing Mortgage payments to this loan…
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Woolwich, Barclays Bank - Offer
Hi, Apologies for the brisk post without an introduction! I've been a browser of this forum for many years and it has certainly helped me out on more than one occasion. To cut a long story short, I have a mortgage offer from Barclays (The Woolwich) and it expires in the middle of June. My solicitor has asked if it can be…
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Help
Hi there can anyone help me plz. I applied for a morgage in my own name even thou I was married and I got accepted gave in all documents they wanted paid solicitor had survey done 4 wks into this the bank has said I got declined because my husband was on my child tax award? It clearly states that the money is made payable…
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Scottish Power Credit Check?
Hi everyone, My mortgage offer has come through today. When I moved into my rented flat over 3 years ago I changed the Gas credit meter to a prepayment meter for ease with the understanding that I would need to get it put back when I left the property. I have contacted Scottish Power to arrange this and they have told me I…
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MSE News: Regulator admits 'mortgage prisoner' problem as Martin meets George Osborne
The FCA admits mortgage lenders "could be more proactive" in making sure homeowners don't become 'mortgage prisoners'...Read the full story: 'Regulator admits 'mortgage prisoner' problem as Martin meets George Osborne' Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it…
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Guarantor mortgages - for family only?
I'm hoping to buy a house (not a first time buyer but trying to get back on the ladder following a divorce), I have a half-decent job and a reasonable deposit so have managed to get a mortgage in principle but its not quite enough to get a house thats suitable for the needs of my family. I have a close friend who has now…
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Estate Agent making me use in house Mortgage Advisor
Hi There, Basically last week I had an offer accepted on a 1 bed flat but the Estate Agent said that the vendor was keen to keep it 'in-house' as they had already had another buyer pull out and so this means they want me to arrange my mortgage through the mortgage advisor in the Estate Agent. I had an appointment with him…
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New credit after mortgage offer
Hi I have obtained a mortgage offer and wanted to know what impact a new car insurance policy (paid monthly hence starting a new credit agreement) would have on the offer? Presumably the lender will credit check before release of funds. If the car insurance appears on my credit report could the lender withdraw their offer?…
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Helping my Mum with a mortgage
Hello, looking for a bit of advice here - just to get my head around everything. Some background: My dad recently passed away and there is a good majority of the mortgage left to pay and my Mum is in her late 60s so getting a mortgage will be difficult/impossible. The current mortgage is up and they'll be kicking her out…
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Online calculator showing me mortgages that are more than I can borrow?
I've been looking at some rough calculations online for mortgages, using the value of the house we are looking at, deposit and my fianc!s income as I don't have a good enough credit rating and we would get a better rate on his name. Halifax for example have on one side telling me we could borrow £114K (not near the £164K…
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Becoming a mortgage adviser again
I posted about this a couple of months ago in another part of the forum, but thought it was best to ask again here due to this being the place where the industry insiders hang out. Long story short, I want to become a mortgage adviser again. I worked in financial services for the best part of a decade, passed full CeMAP in…
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Broker or Self Application
I'd like to be in control of my application so think it may be better to make a direct application to the lender so they are asking me directly what is needed otherwise things could be delayed with a middle man or am i being naive, what would a broker add?
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Question re interest only mortgage
If someone has an IO mortgage and wants to change it to part/full repayment, under the new mortgage rules do they have to reapply and go through the normal affordability checks please? I changed mine years ago and just had to ring the lender and tell them what proportion I wanted where and it was done free of charge. I'm…
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Worth looking for a new deal with unsatisfied recent defaults?
I think I already know the answer but would like some direction in terms of time frames,we have defaults, all recent, had mortgage arrears but these have now been cleared 6 months ago. Currently with Santander but on their SVR of 4.74 but would really like to better this. I understand we're never going to attract the best…
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Fixed term ending when is best to pay an overpayment?
Hi I'm currently approaching the end of a 5 year fix on 4.99 and am limited to 10% overpayment of the mortgage balance as it stood at the start of the year. What I was wondering was if there would be any gain in waiting until August when I go onto my SVR which is 4.74 % before paying off the overpayment or overpaying it…
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Single or Joint application
I've been reading a few older threads about a sole mortgage application when married, but wondered if anyone can advise pls. My wife is a foreign national (non-EU), and has been living in the uk for 3 1/2 years. She has permanent residence (ILR) and has been self-employed for just short of 3 years. Her income is hovering…
