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Will missed 2+ years ago affect mortgage chances
Just applying for decision in principle for mortgage with Halifax through a broker with the missus. The mortgage is 75% LTV with help to buy. I was just wondering though how strict are lenders with missed credit card payments. I have one missed credit card payment from 2 years ago. The missus unfortunately has about 9…
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Bank account at parents' address, not home address
Hi, We're looking to get a mortgage in the next couple of months as first time buyers. My one big concern in us getting a deal is that we've both kept our banking at our parents' addresses since being students so the addresses on our bank accounts don't match our home/work/utilities/electoral roll/driving licence address.…
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Help to buy 2 or 5 year fix?
Hello! We are in the process of buying a new build for 311,000 (33K deposit and 62K from government) using help to buy and have just had our meeting with the house buyers recommended help to buy agent. He only recommended products from Santander, no other lender was mentioned - not even in passing or comparison - am i…
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Buying from a relative
My son wants to buy my bungalow but the bank have a policy where they won't give a 95 % mortgage. Are there any lenders that don't have this policy and will treat my son the same as anyone else
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Valuation done ....what now?
Hi FTB here, We did our mortgage app Monday 9th Jan. Valuation was done Tuesday 24th we have still not heard back regarding our mortgage offer. It's really starting to make me feel nervous that something is wrong. Should I be concerned? Our application was done with NatWest. Our solicitor seems to be working faster than…
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Fees ?
Aside from the loan/mortgage itself. What other costs should a person consider when acquiring a mortgage? I.e solicitors etc And as to the fees , is it worth asking the advisor for incentives etc ?
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Help to buy 1, and early repayment charges
Hi There, hoping someone can help out or to get some opinions. I used the HTB scheme to purchase my current home - we are able to buy it out in 5 yrs so not worried about that choice, it was right for us. At the time I purchased I had a mortgage with the Halifax, and the best HTB mortgage for us was the Halifax again. I…
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End of Mortgage Term (Renewal Query)
Good morning! :c) I do hope you are all keeping well! Would someone please offer me some assistance (I am not asking for Financial Advice; and appreciate the regulations surrounding such responses). I am due to come out of a 5yr fixed rate term (May) with Nationwide. Details: Outstanding Amount Owed: c£66892 Current Rate:…
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The Marsden mortgage - one off payment?
I've been with the Marsden now since October. I contacted them about making overpayments and was told to set up a standing order. Is it possible to make a one off overpayment with them? They seem a little old fashioned in the way they do things!
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Nationwide mortgage process very fast
Applied via MA 21/1 Valuation booked 23/1 Valuation 25/1 Full Offer 26/1 Amazing experience.
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Stamp Duty & Stamp Duty Land Tax
Evening all, We are just days about getting keys to our first home and just received our final statement from solicitors. The sale price is £127,000 On it fees it has Stamp Duty priced at £40 (was expecting this) and another fee called SDLT fee (google tells me it is Stamp Duty Land Tax) priced at £60 Does this sound right…
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Mortgage - New job
Hi, I suffered from an illness resulting in a long term sick. I am better and have recently starting working again. Are there any lenders who would consider only one months wage slip for a shared ownership home? I have a substantial amount for a deposit so would only be looking at a smallish mortgage on the share I would…
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Nationwide deal ending switch - when can I do it ?
It's says I can online switch 3 months before my current mortgage ends ,without an erc- my mortgage rate end 25th may 2017 I had a quick look at nationwide retention products and it actually lets my select one now - but the earliest start date is 1/03/17 - makes sense within the 3months for the start date. I called to…
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Helping son to get on property ladder
My husband and I are in our mid sixties and are mortgage free but would now like to help our son and daughter get on the property ladder, we would like to use some of the equity from our house which is valued at around £250k. They will inherit the house when we die but would rather help them now if possible. Any advice on…
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Bit of a tricky one
Hoping I can get some advise on this I got left a house only it has a charge on off 22%so I get the other % can i take out a mortgage to pay off the 22%charge so the deeds would then be put in my name fully and I get the whole house guess it's a bit like buying out a sibling Deeds at the mo are still in my dad's name do I…
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Shared Ownership Mortgage... Please Help!
I have a huge mortgage problem that no one seems able to solve. I am in the process of purchasing a shared ownership property for 66380 pounds (40% share). I went to the Halifax in October for mortgage advice where they offered me a mortgage for 59700 (10% deposit). Halifax sent out a valuer who came back with the same…
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Confused! Help! :)
Hello. :D My partner and I are going to buy a house. We have an AIP and my partners father is going to sell his house and use this for the deposit and move in with us. My question is, how does this work? Would my father have to sell his house, move out and give us the money before we can purchase or can we buy a house and…
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Mortgage Overpayment v Savings
Hi All, Im looking for a bit of advice please. I have just over 14 years left on my mortgage and I am 50 now. I would love to be mortgage free, however, i also feel the need to save for retirement and/or a rainy day. So, my question is, as i have had a pay rise recently, I have more disposable income now. Should i use it…
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mortgage in principle
hello everyone I had two AIP done - one was with Barclays who I bank with and they gave me an AIP of 288000 with a 90% mortgage as I have a deposit of 30000 BUT the online website trussle.com have me an AIP of 314000 with a 95% mortgage. Has anyone used or known of anyone use trussle.com? the issue is that I have 30000…
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BTL interest rate
We have been offered a buy to let mortgage with a rate of 2.89% for a 5 years fix. The rate seems all right isn't it? I have been searching on google, it's not the lowest but as we don't own our main residence plus a few credit cards. Mortgage is about £85000 70% LTV.
