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Best way for 77 year old to buy flat
My dad owns his own home but wants to buy a small flat instead. He does not have enough savings to buy it outright but will have enough once he sells his home. We would rather he bought the flat first then we sell the house so he does not have the stress of viewings etc. How does this work. Would he need to try and get a…
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First time Buyer , worried about chances
My wife and i are looking to buy our first home , we never bothered in the past as my credit rating was very poor as id never had any credit before, after years of credit builder credit cards and managing to get a £5000 loan from my bank which i paid off in 4 months... then getting my first hire purchase car my credit is…
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Aldermore Mortgage Application
Hi there! My partner and i received a AIP in the week and we are about to submit our full application. Its taken us two years to get this far and extremely nervous!! I just wondered if anyone has had any experience with Aldermore as a lender and what the process was like? Any info will be gratefully received! Many thanks…
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Am i being thick here
Comparing rates Halifax rates are 1.95% Nationwide are 1.99% Difference 0.04% On a 500,000 mortgage over the term the difference is £20,000?
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Please help me
Hi everyone , please help Mam and Dad divorced 2001 ! Long story short My dad sold his house for £75,500.. my Mam has had a since the divorce court order so she gets money when house sells... she also got 10k divorce settlement Mam presented solicitors this court order which she said thinks she’s entitled to £8k AND / OR…
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Complex situation
Just wanted to know if it was at all possible to get a mortgage here with this complex situation* 2 applicants both tier 2 visas, been in the country for 1 month * 1 applicant has salary of £35k * 1 applicant is ltd company director/employee * both applicants have a combined deposit of 25-28% of the total value of the…
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Mortgage payments different to original agreement
So, first time buyer, have an offer accepted on house and got a mortgage advisor. He comes back with agreement in principle and products to choose from, I am certain I picked a 5 year fixed at £270, however now the mortgage has been approved and the paperwork is in, the payment on the paperwork is £300. I have contacted my…
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Will shuffling cards help or hinder mortgage application?
I've recently done a bit of shuffling around of credit cards etc in order to get my debt levels down (it's currently about 15k but now going in the right direction). I've paid off/balance transferred and closed a couple of cards and I'm down to two that are both on 0% deals and a card with a £6000 limit that I have clear…
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Moving and switching providers
Is switching provider midterm an easy task and worthwhile while dealing with moving stresses?
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Will it happen?
Placed offer on a house mid July, mortgage offer was accepted beginning of August. Searches are done, just outstanding quries which seem to be taking an age to be completed. Solicitors waiting on certificates from our seller no onward chain. We are now on 12th September and still awaiting to exchange we and our buyer have…
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Halifax Valuation Question
I had my valuation done today 12th Sept, it is Colleys that carried out the valuation, it should be a basic valuation as its a new build. Any idea when I will hear back about the valuation results/ full offer?
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Moving home
Hello, I currently live in N. Ireland I want to know what the financial costs would be to move to England. I currently have a mortgage with Santander in which the fixed term ends next July 2019, I purchased my house for 113k in 2015 and I have got a valuation which estimates it is now worth between 135-140k. I currently…
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Santander mortgage application
Hi, We have applied for a mortgage from Santander. We’ve used a broker and looks like he’s not very good at keeping me updated. Today, I’ve got a mail from the estate agent saying Santander has contacted them to get property access for survey to be done. On what grounds will Santander ask for survey? Has the mortgage been…
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Chance of me getting a mortgage?
Hi all I'm splitting with my husband and we own our house outright. I would like to buy him out and will need an additional 70k to do so. I am on quite a low income and will be relying on universal credit to help out with me and the 2 children. I am finding it hard to judge if I will be granted a mortgage from the…
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Gifted deposit query please help!
my parents and I currently live together. They are downsizing and helping me purchase my own home with a gifted deposit from the proceeds of the sale I will be mortgaging the rest of the balance of the house. Everything was running smoothly I’ve had an offer accepted on a property and my mortgage offer is all but nearly…
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with brexit looming fixed rate 2 yr 5 yr or 10 yr deal
Hi Ive a feeling interest rates are about to rocket ,employment up wages up .... so are u all sticking with variable or fixing your mortgages been offered 3.4 % for 5 years or 2.4% for 2 years . advice please x:)
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Mortgage for property with agri tie & land?
Does anybody know of a lender who might be prepared to offer 80% ltv on a rural property with over 10ah of land? None of the mainstream lenders are interested, I have tried several of the smaller building societies etc. and nine of them have been very keen either! Just looking for some names so i can trawl through their…
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Overpayments vs S&S ISA (20 year period)
I want to check my maths/logic is correct regarding investing in a stocks and shares ISA rather than doing overpayments. CURRENT STRATEGY I am paying £780/month mortgage (repayment, 31 years left). In addition, I pay £220/month as overpayment. The overpayments save me 1.6% interest (currently), over the term would save…
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Buying a new home
We have been in our current home for 4.5years and have LTV of 59% and with Halifax on a good rate. Capital left is 209K In the next year or so, we are looking to move - the area is more expensive and the houses would be around 480 -600K. Initially, we were planning to sell this house and buy. But, I was thinking - would it…
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Relocating and buying our first home - how to apply for a mortgage
Hi all, Thank you for taking the time to read this. My partner and I are currently renting in London and looking to relocate and buy our first home just outside Cambridge. We have a large deposit to put down and have had an offer accepted on a house, but there’s one thing that is scuppering the mortgage application... As…
