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Axa sun life with profits endowment ( Hercules special bonus 5yr distribution)
Hi all, Anyone else still have this endowment? Mine ends in June16 before the announcement of the Hercules bonus amount. I will still receive it as it is backdated to holders on 31/12/15. My questions are: Any idea how much it is likely to be ( what is value of remaining asset and how many policyholders exist)? Is it worth…
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Declaration of Trust - calculations help
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Terminally ill - thoughts on paying off mortgage,
Hi guys. My wife's terminally ill. We've received the life assurance payout based on medical reports already (although nearly 9 months on, she's defying medical expert opinion and actually in very good condition right now) So we have a lump sum available to pay off our mortgage. We're a month away from the end of a 2 year…
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2,3, 5 yr fixed...tracker
wondering what peoples thought/opinions are on these options what would you go for? 2 year tracker @ 2.19 2 year fixed @ 2.34 3 years fixed @ 2.69 5 years fixed @ 3.04 10 years fixed @ 3.64 these are all zero setup fee
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Getting a mortgage as self-employed.
Hi :o Me and my husband currently have a home (mortgage) but in a few years time (about 3) we are hoping to buy bigger (with a much needed office for me). I sell jewellery online (Etsy) and although I don't earn loads (just short of 8k last tax year) I'm hoping to build on that over the next few years and use my earning as…
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I did a silly thing
As in the title, I did a silly thing. Through not being organised, when I opened my help to buy ISA with Halifax back in Jan, I managed to miss the deadline to deposit the £1k. I did however start the regular payments of £200 going. If you're interested in how I could mess it up so badly I'll tell you; I waited a while to…
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Wrapping my head around affordability
It never rains but it pours... So, o/h and I were slowly progressing a joint property purchase. Yesterday o/h was suspended under an allegation of gross misconduct. Likelihood of losing job - high. Now, I am aware I/we need to advise our lender/broker, especially as we haven't exchanged or completed yet. I would assume not…
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Would this work as a BTL or should I sell
Dear all hope you don't mind helping with this: I am 45 and I split from my alcoholic husband 1 year ago he is 54 this year. We own a house worth £280K (bought new 20 years ago for £85K) paid off our mortgage completely (thanks MFW). Ex Dh has lived in the house for 1 year alone paying just the utility bills no agreement…
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New mortgage first time buyer
My daughter and son in law have just been approved for their first mortgage. Just wondered if anyone can help with a few questions they ask? House their looking at is £99995.00 and they have been approved for a mortgage with TSB for £90000.00. They have nearly £20000.00 deposit, but need to do quite a bit of improvements…
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Changed job just before exchange/completion
I know what the 'right' thing to do is (inform the lender) but I am extremely anxious and I guess just looking for others experience... We are due to exchange and complete on a new mortgage in the next 2 weeks. My husband has finished his last day at work today and starting a new job (same role, same pay) but at a…
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Solicitors Charging Additional £200
Nearly towards the end of buying our first property process. We are using the Army Help To Buy scheme which my solicitors already notified me that they were unsure of the process but would happily go through. We received our letter today stating that "There has been some considerable correspondence and telephone calls with…
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Letting out a property on a residential mortgage
I'm a first-time buyer and looking at purchasing a property in the near future. Ideally, I'd like to let the property out and, in order to get onto the market a little easier, I want to take out a residential mortgage due to the smaller deposit and lower interest rates. I'm aware this is a little shady and is not what…
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Concrete houses - good or bad?
Today I received a copy of the valuation done by my mortgage provider and it clearly shows that the home I am looking at buying is of non-standard construction and is made of conrete that was poured in-situ. After looking this up I've read stories that concrete houses cost more to insure and are un-mortgageable. I don't…
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Concessionary purchase help
Looking for some advise on this Me and my partner are hoping to buy her parents house. They are in a situation where they have no choice but to sell as they went interest only on there mortgage years ago and there term comes to an end dec 2017. The house has been valued at £500 000 and they still owe £80 000. They are…
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Mortgage Urgent HELP needed!
Hello, I've been having a horrible time the past week. I have made an offer on a property of 200K. I got 20K deposit and I am on a £39,294 salary. My equifax score is 472 - no default, no missed payments over the last 3 years - all seem fine. I did an AIP with HSBC for 180K which was accepted. Went in to finish the…
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Providing payslip evidence to Nationwide
Have been asked for most recent payslip I get paid monthly (12 times a year) but its not divided equally between the 12. 8 months of the year I get 4 weeks pay, 4 months I get 5 weeks pay. Should I also send them my last 5 week payslip and explain why or would that possibly complicate things?
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Credit rating vs credit score? Confused?
Hi i know its been answered somewhere but cant find the threads. Never missed any payments no ccjs defaults etc but for some reason my numbered score is abit low and was refused a CC transfer about 3 months ago. Now i keep reading credit score dont mean anything to mortgages is this correct because my history is tip top? I…
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Conveyancing Direct Property Lawyers - Appointed by Nationwide
Hello all, I just thought I'd share my experience with "Conveyancing Direct Property Lawyers" of "St Leonards on Sea" with my Remortgage. Nationwide have been excellent with my new mortgage, however the conveyencer they appointed has been shambolic. They fail to respond to emails entirely, including my email to confirm…
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Advice for common and joint tenency
Hi, i am in the middle of buying a house, we have reached the part where we decide on the ownership. we are not married and currently my girlfriend pays a little more in than what i do, also her mum supplied the 5% deposit although i do have half of the deposit as savings anyway so we said we could just put that we both…
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Remortgage deal and maternity leave
Hi Just wondered if I could get some advice. Our 2 year fixed deal ends in august so we have started having a look around at what deals are about. However our circumstances have changed as we had a baby and I am currently still on maternity leave and not due to return to work until September. I will be dropping down to…
