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Division of house equity - is ex entitled to half?
Me and my ex (unmarried) partner separated and he moved out of our joint mortgaged house 10 years ago which I am living in with our children to this date. To cut a long story short we didn’t settle and sell back then because he had an IVA so he didn’t want to sell at the time. There was also no equity in the house apart…
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Remortgaged using a broker and ended up with a shortfall
Hi, I just wondered if anyone one had used a broker and ended up with a slight shortfall when remortgaging? Is this a normal practise? It was a few hundred but we were not expecting this and was never made aware this could happen. I did question the broker when applying that they were basing the loan amount on a current…
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LSI Marker!?!
Hi there first time on here today! i rang my mortgage provider today, Whistletree mortgages and asked about possible new products they may have available On doing so, the chap on the phone alerted me that i wouldnt be entitled to better interest rates due to a "LSI marker" on my mortgage history in 2012?!?! he said it was…
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How much does credit card debt affect the application
Currently applying for a remortgage on the house we currently own and live in. 73% LTV. We have around 10k on an interest free credit card for next 27 months and then 10k in a high interest savings account. So we could if needed pay off the credit card (we have some other savings in addition to this 10k, but less easily…
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Mortgage not decreasing much? why?
Hi all Im new to this forum and was hoping for some advice on my mortgage balance which hardly seems to be reducing. I took out my mortgage in nov 2006 with Northern rock. This was eventually moved to NRAM and now its with Landmark mortgages. The house back then was priced at £110'000. I took out a mortgage off £85'000 at…
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Mortgage Delays NatWest
NatWest are continually putting obstacles in the way thus delaying the buying process, if we're not careful, the selllers will run out of patience, it's taken several months already Buying a small business that closed due to illness but we are opening it again, have 40% deposit, have supplied ALL paperwork, business plans,…
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Mortgage figure increases after making monthly payment - why?
New to this but I’ll give it a go After I make my monthly mortgage payment I can see online my mortgage balance reducing When I view it a few days later it has increased. Why would this happen? I’ve only noticed this after making my last 2 payments but have held my mortgage for many years. Any help or information would be…
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Equity release
Hello, I'm not sure if this is the right board so please forgive me if not! My friend is looking into Equity release. She and her husband fully own their home. They are in their late fifties. They woukd like to know more about what equity release is and which companies are considered good. Many thanks
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Joint tenants or tenants in common?
My partner and I own our house jointly. We are not married and I am wondering how my partner could avoid having to pay inheritance tax on the house if I died first. We paid about £350k for our house so it would be worth more than the Inheritance Tax Threshold of £325,000. In our "Official copy of register of title", under…
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Help to Buy Equity Loan vs Bigger Deposit
Hi, apology if this was asked before but i couldn`t find anything in the search - maybe I`m just to stupid to search properly. Could you help me with the math in what is cheaper in the mid to long term. going with 5% deposit and take the 20% government help to buy Equity Loan? I am aware that with a higher deposit - you…
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Mortgage options for expanding portfolio
Hi, My wife and I recently married and have 3 properties in the north and 3 mortgages between us. 2 of the properties are rented out and the third is our current home. We are looking to upsize and start a family but would like to keep the current ‘home’ and rent that I out too to supplement our income and subsequent new…
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Help to buy mortgage best lenders
Hi guys, Just after a bit of advice regarding HTB new build mortgages and any potential affordability issues. Circumstances around the application: Earnings - £40000pa all basic Personal loan - £8500 remaining £266 monthly payment Car finance - £4500 remaining £138 monthly payment Looking to purchase new build £189,995…
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Shared Ownership Mortgage Advice
Hi all, I am looking for some honest advice here regarding the purchase of a shared ownership property. There is an area of new builds in quite a popular and rural location. The majority of the properties are 4 and 5 bedroom houses with 4 affordable houses which have 2 and 3 bedrooms. The property is shared ownership at…
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Loyalty rate
Our 2 year deal finishes November, new rate quoted: 2.69% = 2yrs, 2.97% = 5yrs. Although been with Nat West for 15 years, NW mortgage advisor unable to offer "loyalty" rate :mad::mad: Mortgage advisor stated I'd probably get a lower rate elsewhere :rotfl: Does loyalty counts for nothing these days? :( :(
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Advice needed on Buying a house with my mum
My mum has dementia, she was diagnosed 7 years ago. As the illness gets worse it is becoming obvious her house is ill suited to her needs, it's a two up two down terrace with stairs like Everest. She's owns this solely. I also own jointly with my hubby, a two up two down terrace. What we would like to do is sell both…
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Right To Buy & No Deposit
Hi Me and my partner are looking to buy our first home. It’s a council property and we have applied for the Right To Buy scheme and have received the valuation. My question now is can we actually get a 100% mortgage with a poor credit score and it being Right To Buy? Any help would be grateful. Thank you
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Borrowing more on the mortgage broker or direct?
We are looking to borrow more on our mortgage for home improvements (kitchen) & also consolidation. We used a broker to get our mortgage which is with Halifax. We need a decision quickly as we will need to look at other avenues if we are declined. We have gone to our broker but she's taking her time in getting the…
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Chance of getting a mortgage with less than perfect credit?
Hi everyone. Looking for some mortgage advice this morning. I'm 30 years old and will be a first time buyer. I have rented with my girlfriend for the past 4 years. She is 23 and won't be going on the mortgage due to her past issues with student credit. Her credit file is basically shot to pieces and she is currently in a…
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Changing 2 years fixed rate to 5yrs
I am changing my 2yrs fixed rate with Natwest to 5yrs before exchanging contracts due to fear of brexit. What is the procedure? Will my application be 're accessed, credit checked?
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Joint mortgage and separation
Hello, My ex partner and I have a joint mortgage on our property, of which I put up the full deposit. Unfortunately, since we separated, they have been unwilling to move forward with either putting the house to market or allowing me to buy them out, which has left me paying the mortgage by myself for two years. Do I have a…
