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Remortgaging with credit card debt
Hi, I'm nearing the end of my fixed term deal with my mortgage (joint mortgage with a partner who I have since split with). I will have to buy him out at a cost of around £10k and I have just under £10k credit card debt and am wondering whether I'm best to add the cost of this debt to my mortgage or get a low interest loan…
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Whose solicitor is at fault and should we be worried?
We put in an offer on a house on 2nd June and it was accepted the same day. We are supposed to complete this Thursday, but we still haven't concluded the missives (we're in Scotland BTW). Our solicitor noticed around 3 weeks ago that the seller's solicitor hadn't sent them the planning permission documents for an extension…
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Repayment vs Interest only + Overpaying
Hello everyone :) Could someone please tell me the advantages and disadvantages of these? I have been paying interest only for years and started overpaying 200 a month a year ago I have a bit more money now. My mortgage discount is coming to and end and I'm not sure whether to change to a repayment or carry on with my…
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Newbie mortgage questions
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Live in Dubai - need UK buy to let lender
Good morning all, I am having a bit of trouble as I have reached the end of 4 year fixed rate with my current mortgage lender and they now won't mortgage me as I am seen as 'high risk' living in Dubai. The property needs to be mortgaged at less than 50% of its current value and I have proof of tenancy rental income etc -…
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Are we Expat BTL or not? Any broker recommendations please
Hi all Own some rental properties with my brother. Property A. mortgaged and rented out Property B. mortgage free and rented out Property C. mortgage free and currently empty, awaiting refurb We need to raise approx £60k to fund the refurb on property C, before we can rent it out. We are hoping to remortgage property A, to…
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Precise.. really necessary?
Evening, After a bit of a steer from the very helpful brokers on here. We're FTBs, looking to use H2B. Property is £310k, so @75% we're looking for £233k. This is well within affordability by any calc - comes in at under 3 times our combined income. My credit history is excellent - no missed payments, heavy usage of credit…
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Good credit Bad credit
My husband has an existing mortgage and an excellent credit rating. Mine, however is historically poor but I have been trying to improve it. We have been married for two years. Recently we have been discussing moving house by paying off the existing mortgage, then borrowing a little more to add to our total house spend. He…
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Small help with mortgages!
Hey everyone, New here! basically me and my partner are applying for our first mortgage. We have found a house we liked and basically have an offer accepted. We have now just found that the property is 18 months old but lived in for those 18 months, does this still class as a new build house? Im weary now because we…
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Question about holiday let mortgage?
Hi - hoping folks can help! A holiday home that we’ve rented in the past has come up for sale. We really like and would like to buy it. We already have another mortgage on our home property. We would need a second mortgage for the holiday home. We have no idea of how many weeks it can be rented per year or even if we want…
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Decreasing term insurance - with pre-existing medical
Hi. My husband and I are in the process of buying our first house and have been advised to take out decreasing term life insurance. Trouble is, I had leukaemia as a child and as a result have various health complications since such as diabetes, high cholesterol etc now. Its all fairly typical and well managed as I've been…
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Mortgage of consent form
Hi,please help I am in a pickle, My mum sold her house and gave me the money to put into a new larger house that I had to get a mortgage for,15 years later my sister has come on the scene and wants half of the house and is forcing me to sell,even though I paid the mortgage and maintained the house for 15 years with no…
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Btl
Hello, I am just wondering if anyone could give me some advice. My husband and I are expats - we live and work abroad, but we are now considering purchasing BTL property in the UK. Our adult son travels around but is often intermittently in the UK (a few months each year). I would like us to purchase a 3 bedroom property…
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How much would you be comfortable with? Affordability Q
We're looking to buy a family home after a few years in rented. We will have £50k to go towards it. Current total income just under £65k. Both jobs very secure but high travel costs (£400 a month). We've been offered to borrow up to £228k but that's way more than we're prepared to take. Thinking that under £200k seems much…
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Port my mortgage / additional lending - should I hold off?
Hi, I'm currently in a 5 year fix with Post Office / Bank of Ireland which ends in March next year. My house is worth around £160k (I reckon it would sell for this much) and I will owe around £88k by the time the fix comes to an end. There is a 5% early repayment charge although this is waived if I port the mortgage within…
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Help! Ex being difficult!
Hi, I’m looking for some advice. I split up with my ex 6 years and left him in our joint property. Recently, he has moved out and agreed to come off the mortgage and sign the house over to me. He has signed the change of parties for the mortgage but has since gone back to the house and changed the locks so I can’t get in.…
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Mortgage application during changeover of address
Hi, last month I had an offer accepted on a property (first time buyer) and have now started looking for a mortgage through a broker. Unfortunately my application with the lender she recommended failed. We suspect this is because I have recently moved back to my parents due to my dad passing away and my current address is…
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Help! Single Mum mortgage advice
I'm looking for help regarding my mortgage, options what can I borrow based on a 32,000 salary. I will have 50,000 deposit through inheritance, 120,000 in equity. My ex husband will get his share, in the past I've experienced bad debt but this will be cleared when I come to apply for another mortgage on my own. How much X…
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Photographic ID
Hi all my elderly grandmother gave me some money towards my deposit. The statements all match up and now the solicitors need photographic ID. I understood completely the reasons behind this. Only prob is is she’s in her 80’s and has NONE. She was born in Jamaica so her birth certificate was lost many years ago. Doesn’t…
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Mortgage offer!
Morning all We have now received our mortgage offer in the post from nationwide and tells us it lasts for 6 months etc and says a copy has been sent to the solicitor. Before I ask the question my broker and the nationwide number isn’t open at the weekend so that’s why I’m on here. My question is, is this it now I can…
