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New board guides needed. Can you help us?
Hi everyone, We’re looking for new, volunteer Board Guides to join our current, fabulous team. The boards we'd like new board guides on are: Marriage and Families Debt-free Wannabe Credit Cards Budgeting and bank accounts Mortgages Loans Insurance Grabbit If you’re interested please first read the info below fully to be…
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Porting to higher LTV
My residential fixed mortgage is coming to an end in a few months, so will be remortgaging to another fixed, but this time at a LTV of 60% and a portable product. Around 1.1% looks achievable. My question is what would happen if I decide to move and buy a more expensive property during the fixed period and borrow more than…
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Scottish Widows endowment
Just received a payment from Scottish Widows for just over £8600. I have been paying £25 a month for 20 years so paid in £6000. sum assured was £4960 is this a good return, I have yet to receive any paperwork showing how this sum was calculated but the cash was deposited in my account on maturity day
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Title Deeds
Hi all Myself and my partner bought our first property two years ago and we have just successfully remortgaged. We recently received a letter from the firm dealing with the remortgage detailing that our new lender (Bank of Ireland) do not hold title deeds and therefore they had requested that our old lender (Nationwide)…
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mortgage
We are currently mortgage free but are moving and need to get one of £200'000,As we are middle aged we want to take one out over a short but reasonable amount of time(12yrs max) We have initially been accepted by our bank, First direct but I'm investigating the best deals...any advise please
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Earlsheaton WF12 - Area Queries
Good afternoon everyone, We have spotted a lovely house in Earlsheaton, Dewsbury that we have put in an offer for and that has been accepted. It is a lovely 4 bed semi in a new(ish) build cul-de-sac. I am unable to find any real true or helpful advice regarding the area. I have checked crime rates and they aren't much…
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Nationwide - Remortgage / Removal of ex
Hi, I am after some advice. I recently separated from my partner, we have a joint mortgage. I had the house valued and have given him half of the equity so I can take over the house. The mortgage is currently with Nationwide as interest only and I have no way of repaying the capital (no comments needed on this thanks). I…
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Help needed FTB and Worried sick.
Hi guys Me and the wife are FTB and we went to a broker and was declined with Nationwide and we did tell him we wanted to go with halifax as we bank with them. He said before he goes any further wants our credit reports. We handed them in and he said were fine although i have 1 default for a loan back in 2011 but as was…
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Bank wants me (leaseholder) to insure the building directly, but I can’t. Any advice?
I own a leasehold flat. HSBC have finally approved my remortgage. Their conveyancing firm, LMS, wants me to sign a declaration that it is a condition of the mortgage that I will insure the building, and that the policy will be amended to include the lender. The problem is, it’s the freeholder’s job to insure the building;…
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Tenants in common splitting up
Im so confused right now and in a mess. Initially I bought our house and put down the £20,000 deposit as my ex had no savings. He contributed to the mortgage payments, until 2 years ago he wanted to be added to the mortgage, so I got a trust deed done at the solicitors to protect my deposit. We've split up on holiday and…
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What is the best way to borrow
I have no mortgage, I own my house outright. I would really like to build a large double storey extension but am very unsure of what kind of borrowing I need to complete this project. I will need to borrow around £60K and any loan will be secured on my house. Must I have to have an existing mortgage to remortgage, should I…
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Shared Ownership Mortgage Problems
Hey all just abit of advice i'm a first time buyer trying to get a shared ownership mortgage i've tried the usual high street banks and using their calculators i am able to get an AIP for a value at least 10-15k more than i need but when i go into the branch and actually try to apply the amount they can give me is 25k less…
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Mortgage Advice - Remortgage
Hello All Don't know if anyone can point me in the right direction I have a bit of a problem. I have a property which for various reasons of redundancy I had to change interest only mortgage. I am now at the end of the term (15 years) and still have an outstanding amount, however I have been unable to find work despite…
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Valuation Outside Lenders Policy
We found a house we love, it's a grade II listed building from 1800s and it's Ina beautiful sought-after village. It does need a lot of work but as FTBs this appealed to us as it's the only way we can afford to live in a nice area with our budget. We got as far as the valuation stage with Aldermore bank but they said on…
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Santander interest and online banking
Hi Does anyone know when Santander add mortgage interest to show on the online banking? I know it is calculated daily, but nothing has shown yet. Our last mortgage with Nationwide had the interest added to the online account every day. I assume Santander will add the amount at the end of the month and then deduct the…
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Help to Buy and old debts
Hi there..... I am considering getting a mortgage and have some debts outstanding that do not show on Equifax, Experian or Call Credit as they were defaulted more than 6 years ago. Some are paid off completely and some receive monthly minor payments. My question is two fold - can any potential borrow see these debts as my…
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Voluntary Repossession Query
Wonder if anyone can offer some advice, or has been in a similar situation My partner owns a house that we have been renting out as we couldnt sell due to negative equity. We have since bought another house, which is a shared ownership mortgage. Renting only just covers the mortgage on the house my partner owns, on an…
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Can we release the equity/ or sell
Morning. This may be a little confusing as i am totaly confused on what to do. So.. My partner owns our house with this Brother and his wife. The mortage is currently at £149k, and the mortgage was with Amber Home Loans, But this has now been sold on to Morgan Stanley, so we have just been told by Amber, I haven't a clue…
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Pay ERC or hope for no rate rises before June 2018?
Hi there I am approximately 15 months into a 24 month fixed rate mortgage with Nationwide. Current interest rate is 1.99% with a remaining balance of £320K. If I end the current deal before June 2018 then I will pay a 1% ERC. I will be looking to remortgage and expect to take a five-year fix as soon as my current deal…
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Do I owe my ex husband equity from our house?
Hi - asking on behalf of a friend. She separated from her husband approx 10 years ago, at the time he asked for money based on value of the house which she did. He has not paid the mortgage for the past ten years and they have since divorced. She is now trying to take his name off the mortgage but he has refused and now…
