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NatWest legal fees
Hi everyone, new to the forum. I'm starting the process of purchasing my first property. One thing that seems uncertain is whether I'd have to pay my mortgage lender's own legal fees (NatWest in this case). I've asked for a quote from a solicitor for my legal fees, which I'm happy with. However, there's also a quote for…
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Help please! Mortgage redemption
Firstly sorry for long post!! Due to illness im trying to get my affairs in order. I have a mortgage that is capital and interest I pay £235 month and on my statement it shows that monthly im charged between £66-73 interest. My current outstanding balance is £31000 and i have 11 years 4 months left. We originally borrowed…
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Still owe £35k and mortgage term is up!?!
Hi everyone. Ok so we are in a bit of a pickle. I got a mortgage with my husband (now ex husband) in 1997. We borrowed £42,500 over 15 years. Now 21 years later, £35,000 is still owed. While we were married, I knew nothing about the mortgage. He was the one that organised that side of our affairs. We got divorced in 2005…
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Ex wife applied for mortgage using my details
Hi there, My husband and I went to our bank recently to close down an old credit card, only to be told the somewhat surprising news that he has a mortgage on a property with his ex-wife!! We have discussed this with her and she admits that when they divorced 6 years ago she bought a new house but simply transferred the…
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Help
Help is required please! Me and my partner are looking at buying our first house, we currently earn 48K a year between us however her wage is larger than mine. She has impeccable credit history, I also have a high score on experian however, i do have an outstanding credit card balance of 1,800 split between two cards. We…
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When do I instruct my solicitor to proceed and complete mortgage app?
Hi, I'm waiting on a surveyor to check out my house I'm buying. Will I hold off on instructing my solicitor to proceed and completing my mortgage application the surveyor has visited?
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2nd Nationwide mortgage application
Hello We are first time buyers and applied for a mortgage with Nationwide back in March 2018 which went through to offer but then my partner lost his job and we had to cancel the application as we couldn't afford the house on my salary alone. We had a 30k deposit and the property was £187,500 He has recently got another…
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Does conveyancer need to be on lender's panel when porting a mortgage?
Hi We are looking to sell/buy... We only have a very small amount left on the mortgage, but will be looking to port it so as not to have to pay early redemption charges. We are also in the process of getting organised, part of which involves finding our conveyancer. In reading up on this, I see that some say the…
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Mortgage Credit Searches
Hi, Yesterday I received my offer from Nationwide (yay!), but alas my worries have not yet disappeared. This morning I 've checked all 3 credit reports and there's nothing on there to show that Nationwide have done a hard credit check, or any check at all? What does this mean? Does it take a few days to show up? I guess…
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Post Office First Start
Has anyone got a Post Office First Start Mortgage? Can you tell me any more about it? Have you found it helpful in increasing your affordability?
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First time buyers
Myself and my partner popped into the bank to get a rough idea on what we would be able to borrow in terms of a mortgage. We were expecting either a high deposit or low mortgage offer, due to having a default on my credit. The default has been paid, however it will still be show on my credit score until 23/12/18. To our…
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79 year lease
Hi all, I am a first time buyer and have found a property that is perfect for my needs. The big problem is that the lease is only 79 years. Is this something to be concerned about? The property is worth 150k, and I have a 30k deposit. Using the online calculators, it would cost me between 6-8k to extend by 90 years…
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Locating previous deed/mortgage owners
Very random question..don't know anyone can help. Trying to find out if my name was on some property deeds/mortgage in 2004 as I can't remember.. Tried land registry but only gave me info of current owners..anyone know how I can get this info?
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Interest on unclaimed mature endowment
I have an unclaimed endowment policy which matured in 2011. Should I accept the maturity value figure communicated in 2011 which was all that was offered in a phone call today or is some added interest normal or reasonable? Thanks
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Mortgage declined. Now what?
We applied for a mortgage a couple of weeks ago through a broker, we have a 25% deposit. The valuation was arranged a couple of days after the application was submitted and we had been nervously waiting for the offer. Now we’ve been told it was declined due to an issue on my credit file but I can’t see anything on the…
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Getting Mortgage while on disability benefits?
Hi, my neighbour asked me if she can get Mortgage while she is on diability benefit but i told her dont know i will look online etc..so i wanted ask you guys if you can help her?she on ESA and PIP single in one bed flat,she want get her flat under Right to buy scheme and they told her after discount the flat only cost £25k…
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Use of conveyancer in remortgage
We are switching banks after the first 2 years mortgage comes to an end. We are going through a mortgage broker. We've accepted a deal for 5 years, which had an incentive of 'fee free conveyance' on the initial illustration. However, now we've received the papers from the new bank, it says with this option, the conveyancer…
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Where to start?
I was wondering if anyone could help, myself and my partner were hoping to start looking into mortgages as he's now 7 years discharged from a bankruptcy but I'm at a complete loss as to where to start. I've phoned a couple of lenders... Post Office stated their policy is that they will never lend to anyone with a history…
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MSE News: Overpaid your First Direct mortgage? Check your credit report now
First Direct has agreed to change the way it reports mortgage overpayments to credit reference agencies after a customer argued it may have stopped him getting a credit card, MoneySavingExpert can reveal...Read the full story: 'Overpaid your First Direct mortgage? Check your credit report now' Click reply below to discuss.…
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New Business - Mortgage Implications
Hi All, I am looking to begin a pet sitting business and to do so as a sole trader I will need to register a business address with the HRMC. Ideally, I would choose the house that I live in as the business address but I do not own the house and currently share the home with my fiance who is the sole name on the mortgage.…
