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Initiating a complaint about an endowment’s performance
Hi, First post. I’ve just spoken to a provider and informed them that I wish to complain about the “performance” of my 25-year endowment policy taken out in August 1992. I then spoke to the Ombudsman just to check out the lie of the land and likely timescales etc. The feedback from both was encouragingly instructive and…
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AIP from Halifax. Likely to get an approval?
Without going into massive detail - Had some debts, sorted them out and everything paid off. Defaults over 4 years old and perfect credit for 2 years. Score increasing monthly but still not very high and I am doing everything I can to build. I had a mortgage in principle from a broker on a 85% LTV but very high rate and I…
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Where can I get a mortgage with black mark on credit report?
My brother in law has a black mark on his credit report from an unpaid phone bill. This will disappear next February as it will be 6 years ago, but they want to buy a house now. They have been offered a mortgage with Aldermore as they only look back 3 years into your credit rating so they would give them the mortgage but…
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Two flats into one house and mortgage application
Hi All I have recently had an offer accepted on a house. The house is currently two flats, but has no significant structure changes required aside from having two kitchens & bathrooms. Do you have any advice regarding obtaining a mortgage as a number of lenders we have contacted have not been accepting of our situation. We…
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Will this debt stop us from getting a mortgage?
Hi, My partner and I need to relocate fairly soon due to work. We don't want to continue renting we are approaching 30 and want to lay down some roots. We currently owe about 12K on 0% credit cards. It was higher but we have paid a lot off over the last 2 years. We are up to date with all payments and have never been late…
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How long for conveyance?
Hello I know that maybe many people have asked about this, so apologise for asking once again - who has experienced very quick conveyancing process or knows how long it usually takes? I know the answer will be - ask your solicitor and etc. We have asked, he has advised to wait. But we just want to know roughly how long…
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Do all lenders need accounts
Do all mortgage lenders require self employed (partnership) accounts? If you have sa302s and tax overview are there any lenders that will take just those, or if you have bank business statements are they ok?
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Broker or go it alone
I'm applying for a FTB mortgage with my wife, had an offer accepted on a house we like this morning. :j I've spoken to a broker who has picked for us a pretty good deal with the post office, fairly similar to what I've seen on the best buy tables etc. He says we're towards the upper limit of the post office affordability…
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Mortgages Application - HTB
Hi, my partner and I are first time buyers and are currently awaiting some new builds to release prices, and will be using the HTB. We are currently using a MB and have provided and been through all of our financial details with her. We have approached our Broker and asked based on our current financial situation what she…
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New car lease and mortgage
I'm planning on signing up for a Golf R lease this week. However I've just remembered my mortgage is up in December. I plan on remortgaging to a different bank as I want an offset mortgage. The car lease is easily affordable however I've read banks are more strict now so I don't want the lease affecting my chances of…
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Woolwich/Barclays - Mortgage balance increased online, anyone seen this?
I have to admit I am stumped and would appreciate any insights. Story as follows: I recently took out a mortgage with Woolwich (beginning of May was the first payment). Yesterday I transferred £1 from my current account at HSBC to the mortgage account so as to save the account number with HSBC for future overpayments.…
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Remortgage query
Hope this is the correct area to post We (husband and I) hope to be mortgage free in a few years if all goes to plan I’m not any good at maths, don’t understand mortgages etc so never looked again. the hubby leaves it to me and until Jan this year I never thought about really overpaying any more than I do now Details Our…
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Let To Buy Mortgages
Hi, My husband and I bought my sister in law out of our inherited home back in 2014. We've invested a bit of money in the house and have £50,000 equity in the home. It's a lovely home with sentimental value but it's not big enough for us. There have been a lot of new developments in our area and one in-between our place of…
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should we take a mortgage on?
Hi there, we are in a very fortunate position to own two properties mortgage-free... One we live in (have been doing a lot of work to it in the past few years) and one we rent out to a relative. The total value (pre-works on our home) is about £970k. We have run out of funds for the rest of our renovation (nothing super…
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Question about mortgages
Hi everyone, I am going to see a mortgage advisor in the next couple of weeks, but I just wanted to ask a question. Basically, my girlfriend and I have decided to end our relationship, and to cut a long story short, we should both pocket approx £50k each from the sale of our house. I've seen a flat that I like on the…
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Advice needed - buy or wait
I am in the position to look for a new house, I am married with a young family. I was wanting a general opinion as I am unsure how far to push mortgage debt. We have been paying off our existing mortgage (purchase price £160k, mortgage £135k) for 8 years to stay out of negative equity. Currently we have about £80k deposit…
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New mortgage application
Once you are approved for a mortgage is there anyway the lender can turn around and stop that mortgage application for any reason? And as self employed they ask for sa302s which I've gone through in the application process over the phone but might have to send sa302s off to them but would they also want statements/accounts…
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Realistically can this happen!
Hi all so I've mainly been on the debt free wannabe forum. I will be paying my debt off on Thursday. We were planning on buying a new build house next year we were hoping to have saved at least 15% on a property of around £260k we would have needed to use HTB equity loan as this would be right at the top of our…
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Mortgage advice
Hi All, I am a 33 year old divorcee who has never owned a home. I earn £60k annually and have a couple of small loans I am paying off for car etc. and also a student loan which will be paid off in a few years. My credit score is a few points off "excellent". I rent with my 37 yr old partner who earns £35k annually +…
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CTL/BTL from Abroad - Help!
Hi all, I have a mortgage with the Halifax on their SVR rate - 3.99%. My property (in Edinburgh) is rented and I have CTL on the mortgage. The rent covers the mortgage. So far so good. I recently spoke to the Halifax about my options and they basically said I had none. Zero. Apparently I can't switch to another product and…
