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Where's the old Mortgage Comparison page?
I'm sure last time I was looking into mortgages there was a page that gave me the information I really want - sort the mortgages by how much I'll pay over N years. I had to resort to using totallymoney .com today. What I'd REALLY like is "how much will this mortgage cost me per month on average for the deal length" but…
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BTL Mortgage Advice
Hi all, After a couple of years of saving, I'm starting to look for a new BTL property. I have one at the moment (plus my own mortgaged home), that was bought about 10 years ago. However, due to a change in circumstances early last year, my salary is currently below £25,000 which seems to be the point at which most lenders…
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Help To Buy - Pros/Cons?
Hi all. I've read a little about the Government's Help To Buy scheme but would be interested to hear people's thoughts on here regarding it? For starters, I believe it's for new builds only so that immediately restricts your choices?
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Remortgaging - what happens to the 'extra'?
Hi all and thanks to each and every one of you for making this one of the most interesting, well-put-together forums I've ever seen! I need your help... 2 years ago my husband and I worked hard and were lucky enough to be able to put together 10% and buy a home of our very own. With our offer coming to an end, I looked at…
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Are mortgage brokers interested in sub £25k mortgages?
Hi I am planning on downsizing and aim to reduce my mortgage to approx £25k on a £150k property from the current £55k on a £200k property. (I'm also trying to release some equity hence the continuing desire for a mortgage albeit a small one). My initial approach to my current lender, Coventry BS, to port my existing…
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Mortgage when your employed AND Self employed?
Hi All, We are currently looking for our first home (have been renting until now) but also have my mother coming to live with us so need a property that is big enough for us all. I am currently employed part time (£19300 a year) and my wife works full time (£25500 a year.) We also own a business which has grown rapidly…
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Managing a C&G Mortgage Online
Hi, I have a mortgage with C&G but I do not have a Llloyds/TSB bank account, so I cannot currently view my mortgage account online. Does anyone know if I set up a bank account now with Llloyds TSB I'll be able to link my C&G account to it? Thanks
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how likely are interest rates to rise?
And to what level? Obviously they will increase at some point from 0.25%, but what would they increase to in, say 2 years time?
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Renting out property without permission of mortgage
Looking for advice re. Renting out property without permission of mortgage. I had to move for work 7 years ago and at the time I knew my flat rental wouldn’t cover the % the mortgage company would need to agree me moving it to rental. Rentals have gone up in price now, so I think I would now be in a position to apply for…
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Fix coming to an end - leave with consent to let or switch to a BTL?
Hi all, looking for a bit of advice to guide a decision: I have a 2 year fix coming up to end in March on a flat I currently let out under Consent to Let (lender is Halifax, LTV is 70%). Keen to avoid the hike in interest rate when that happens. As I understand things, my options are: 1. Let the mortgage switch over to the…
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Landlord Reference Check
Hi We are currently in the process of applying for a mortgage and the lender have requested a reference from our current landlord (a housing association). Can anybody tell me what sort of information will be requested? Will the fact that we were in arrears around 4 years ago scupper our chances? The rent has been paid on…
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Does he have to pay stamp duty?
Enquiring for a friend. He's lived in his flat for several years now he is getting married and looking to buy a house. He wants to retain the flat and will apply for a BLT loan. Will he have to pay stamp duty on the valuation of the flat?
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Mis-advised about mortgage acceptance
I would really appreciate anyone's advise on my current situation. In the process of buying a flat, my partner and I applied for a mortgage, and received an agreement in principle from a well known provider, on a very good rate. Once our offer was accepted, we went through the whole application process, were credit checked…
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FTC Ending before Mortgage Completion
Hello Hypothetical questions of course. I have a mortgage offer that expires in Mid May. I am employed in fixed term contracts, my current employment is due to finish end of Feb and I have an estimated completion date on a house Mid March. If my FTC was not to be extended would I need to inform my lender? The mortgage was…
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Mortgage term / overpayments
Just looking at my latest statement. We have been overpaying for the last couple of years, but the statement only seems to display the remaining time of the original 25 years not taking into account the overpayments. Hope that makes sense! Just trying to get my head round this Thanks!
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Bankruptcy and mortgage
Hi, I've joined, after looking for answers in the forum, to ask a few questions related to my situation. I'm 6 years and 3 months post bankruptcy. Credit file doesn't show BR or any any adverse credit. Doing help to buy (authority to proceed approved yesterday amd 1.5 weeks into the 6 we have to exchange) and using…
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Automatic monthly payment reductions
Hi there, Quick question, I am currently overpaying on my mortage by as much as I can manage (max of 10% per annum allowed), my mortgage provider is reducing my monthly payment as a result. I have contacted them and asked that they don't reduce my payments going forward, however they have informed me that if they do that,…
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Quick question - £5k for deposit from parents
Hi all - sorry, I have been unable to find the answer to this question elsewhere! I am 29 and planning to buy my first home this year. My parents have been kind enough to offer £5000 towards my deposit. What is the best thing for me to do with this now, as I understand lenders like to see money in one place for a period of…
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Endowment Mortgage
Back in 1985 i applied to Alliance & Leicester BS for a mortgage, i wanted a repayment mortgage, but was refused, because they would only provide an Endowment Mortgage. Were they allowed to do this, or was i mis sold? If so, would i be due some redress?
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Mortgage Payment Holiday
Hi I rang my mortgage lender recently to inquire about a Mortgage Payment Holiday and basically they told me that this option is no longer available and has been removed from my mortgage product. Can the lender do this? I'm 3 years into my 5 year fixed deal and feel that I may have been mis-sold the policy, especially…
