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Mortgage lenders accepting Declaration of Trust
Hi, Im looking to get a buy to let mortgage. Im looking for a lender that will accept Declaration / deed of trust Does anyone know of any that will accept this. I cant find any Regards
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Finding Leeds Building Society AIP process rather long winded
I contacted LBS two weeks ago to find out if I can get an AIP. They gave me an appointment a week away because they said they are so busy. I had the initial appointment last week and they sent my information to underwriters. For some reason they do a full search almost as if I'm applying for the actual mortgage rather than…
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Confused about remortgaging and early repayment charge
So our 2 year fixed deal comes to an end on 30/11 and we've used a broker and been approved for a new 5 year fix with another lender at a really good rate. All good. The paperwork with our current lender states the following: 'The early repayment charges that will apply to this mortgage are: From completion of the mortgage…
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Mortgage application documents
Hi Just want to check if this is a problem when applying for mortgages; HSBC have asked for non bank account statements as proof of address. But because we're renting in flat (communal post area) my husband kept most of all his documents still at home address. Only proof of address will be utility bills & council tax I…
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Mortgage Brokers - Advice?
Hello, I wrote a very long post and then accidently wiped it..... Would you recommend I: 1. Pay off my DMP as quickly as possible (£17k) 2. Pay off my DMP whilst trying to save a deposit 3. Give up my dreams! If I thought there was light at the end of the tunnel and I had a hope of a mortage I could do this, and do without…
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Adding deposit after mortgage offer
Hi every one, This is my first post in this amazing, helpful forum. Today I received the mortage offer by Natwest, for an amount of 304,000£ (applyed by broker) The house price is 320,000. So I am just putting 5% deposit. Due a parent's gift next week, I could add another 5% in order to get a better deal with 90% LTV. Has…
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Advice on mortgage rates please! : )
Hi there, I'm just looking for some advice if anyone can help?! I took out a mortgage a few days ago but still within the cooling off period. It is a 2 year tracker, but unsure whether to switch to fixed after getting the feeling the rates may increase soon? We originally chose tracker as it worked out £20 cheaper a month.…
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Overpaying mortgage - what happens if we want to buy a bigger house?
Hi everyone I've just edited this as I realised why I was confusing myself in my original question and I can't see how to delete a post completely - oops! However, now I've realised where I was going wrong, are there any downsides to us overpaying the mortgage when we are looking to likely move to a bigger and therefore…
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Any opinions/experience of Digital mortgages?
Hi all, Following the disappointment of the last house purchase falling through, our broker has recommended Digital this time. I’ve had a very brief look online and they seem to be a new broker only mortgage company, and I have seen only negative reviews! I know this is usual as more people feel passionate enough to report…
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CGT on Declaration of Trust Apportionment
Hi everyone, Long time browser of these forums and first time posting. Thanks in advance for any advice. I am a first time buyer hoping to purchase next year. To boost my borrowing power I am looking to get a joint mortgage with a family member so that both of our incomes can be considered. We have verbally agreed that…
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Mobile contact before mortgage application?
Applying for mobile phone contract before full mortgage application submitted bad idea? Previous contract will be cancelled. The monthly payments will be the same. Thanks
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Adding Product Fee to Mortgage
Hello. I have a possibly silly question: If I do a product switch with my current mortgage provider (Nationwide) I understand that I won't need to undertake any credit/affordability checks. But if I add a product fee (£1000) to the mortgage would that mean that they would do new affordability checks because I am borrowing…
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Wrong birthday year on mortgage refinance application.
So in the process of refinancing. Things were going good. Signed closing docs with notary. That night in reviewing my closing documents noticed that well the broker when doing my application over the phone put in my wrong year of birth. Why do mortgage brokers do that. Credit ran. Due to fund in a few days. They are now…
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International mortgage
Hi all, As the title suggests I'm searching for anyone who has experience with being accepted for an international mortgage? Bit of backstory, my partner is a non uk resident but wants to buy a property in Scotland. Being foreign automatically rules out most lenders unfortunately :-/ Currently all our eggs are in one…
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AIP v Full application
Hi there I have an AIP and full application will be done tomorrow. What more do they check when they do the full application? Thanks P x
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Mortgage - 1 good credit score & 1 bad credit score
Hello, We're first time buyers - myself having a good credit history but my partner having a default which will remain showing until early 2019. We have been viewing properties and found one we like that we would like to put an offer on. We spoke to a well known mortgage broker to get a mortgage agreement in principle and…
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Mortgage re-selling, claiming 70% back?
Hi all, Not sure how many others have seen an ad called 'Ease Your Mortgage' by a solicitor firm based in Birmingham which claims you can get 70% of your mortgage paid off if it was re-sold and 80% have been? I don't know what to think of it as obviously if this is the new 'reclaim PPIs' thing that's about to go down then…
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Remortgage Online?
Hello, Can anyone recommend any companies where we can remortgage online, rather than having to go into a company to do it please? Thanks
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Mortgage in sole name. Married but he's never lived with me
Hi I'm sorry to this is the wrong place to post. I'm not sure where else I can get any advice. Any way. I got married in May 2016. I previously had my own house (rented) and lived there with my 2 children with expectations that my new husband would live with us afterwards and give up his flat. So the unexpected happened…
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Advice re interest only mortgage at end of term
Hi, I’m looking for some advice for my Mother in Law. She and her husband jointly own a house on which the interest only mortgage has now ended. They still owe approx £13K. She speaks little English and as a result her husband originally arranged the mortgage and she was unaware that she should have been making…