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Hsbc mortgage offer change to lower rate
Son has a mortgage offer from hsbc for a new build due to complete early november. Today i have tried to amend application to take advantage of the new lower 5 year fixed fee saver and it now says decline. Son tried phoning hsbc but will have to wait till monday as they wont speak without the mortgage account number from…
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Remortgage employment check
Hi guys I’m 3/4 of the way through a name change (removal of ex gf) and also a transfer of equity on my help to buy (name removal). My expected completion date is the second or third week in September, unfortunately I’ll be getting made redundant on the 31st of August. I have another job to go to but that will be the end…
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Moving abroad - mortgage options
Hi My partner and I bought our first flat in London at the end of March 2019. Our mortgage is with HSBC and is a 2-year fixed rate. The mortgage is in both mine and my partner's names. I now have the opportunity to take a new post in New York with my current employer. It is not yet clear if my partner can also convince her…
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Selling to partner on the cheap
I own a property worth £280k, mortgage £130k My partner owns a property worth £275k, mortgage £150k. My partner is selling her property. I would like to sell my property to her, is there anything stopping me selling it to her cheaply to reduce stamp duty costs and then transfer the remaining cash privately?
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buying new build and mortgage posting query
Hello, Weird question popped up today in a discussion :-) Homeowner has a 10 year fixed mortgage that allows porting. Homeowner has purchased a new build 3 years into the term and has sold the existing home. Bank has happily agreed to port the mortgage over. No additional borrowing is necessary. moving on, the house sale…
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Searching leaving a mark on file?
Hello I just wondered if anyone could advice as to where or not doing a mortgage search with moneysavingexpert leaves a mark on your file, which can impact getting a mortgage? My broker told me it would, but I'm not 100%? Thank you
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Countrywide
Hi Im a FTB, I've had one aapointment with countrywide via sutton and kersh and I'm thinking of using contrywide's services, from finding a house, to the offer and through to completion rather than just mortgage arrangement I've found a couple of older reviews casting a bit of doubt on them, but I just wondered if anyone…
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Endowment
A long time ago, when under performing endowments/PEPs were under scrutiny, I was being informed of the potential shortfall by letter as many policy holders at the time were. I did make a claim against "Fidelity" i think it was, for "compensation at the time and was successful however, in order to get the compensation I…
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Ftb
I've been approved for my mortgage (capital repayment) and I've seen the breakdown. I went for a 5 year fix, and in the first 12 months I pay £3,600 but only £1,500 or so comes off the top line. Is there any point in making overpayments in the first 12 months, or is it best to let it settle considering it's basically only…
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Welcome Hamper
We moved into our new house last week and yesterday received a nice and unexpected welcome hamper from Yorkshire Bank in the post. It has a bottle of wine, chocolates, biscuits and fudge in it. My sister was rather jealous as she took out a Yorkshire Bank mortgage last year and didn't receive anything. For fun (if anything…
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Buy to let to Family and Building is steel framed built 1909
Hello Does anyone know of any building soicety/socieites who would look in principle - at a "Buy to let to family" on a hosue built 1909 with a "steel frame construction." There are so many lenders I wondered if anyone has had this experieince and can point us in the right directionof who to approach. Many thanks
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Trapped in Barclays Mortgage
I have a Barclays mortgage for the past 10 years, I am not financially savvy and they advised me that I should also take out a 'bridging loan' (variable rate) in tandem with the mortgage. I am now in a situation where I live in a house valued at £90,000 to £100,000, I have abridging loan of £55,000 and a mortgage of…
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Non-EU Citizen Electoral Roll and Applying for a Mortgage
Hi everyone. My wife is a US citizen and we’re hoping to buy a house soon. At least, that’s what we hope to do. I’m British and on the electoral roll. My wife holds Idefinite Leave to Remain and thus is not on the Electoral Roll as she is not yet a citizen. She has a held a credit card for a long time, routinely pays it…
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Buying Out Partner
Hi everyone, After a recent separation I am wanting to buy my ex-partner out of our house. I am speaking to our mortgage advisor about options. House value - £184,000 Mortgage - £135,000 Equity Split - £24,500 My salary - £30,655 Maximum Mortgage - £145,611 I can only put an additional £10,000 on the mortgage with a…
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Transferring home ownership
Hi, I was wondering if anyone had any great ideas on the following: I own a home worth £280k, mortgage £130k Other half owns a home of £265k, mortgage £150k I like to do up houses as a second income, so mine would go up for sale to fund the next project, however we have decided we rather live in my current home than hers.…
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Consessionary mortgage help!
Hi :) I need some mortgage help. My parents have said they are willing to sell their 300k house for 250k to me and my partner and I believe we would need a consessionary mortgage for this as they are basically gifting my equity. They still have 100k mortgage to pay on their house. So does this mean in the end they will…
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ReAssure Taking Over Legal & General Insurance Based Savings - Stick with it or cash out early?
Hi all Just had a letter from Legal & General stating they are transferring it’s existing insurance based policies to ReAssure. I’ve never heard of ReAssure to be honest. I have an endowment policy that is underperforming, as most seem to be, and it’s due to mature in approx 3 and 1/2 years time. Any opinions as to how…
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What do you think?
We have heard back from Aldermore and they would like us to cancel our childcare vouchers and prove this through wages slip ideally. I have managed to get a copy of my August wageslip without childcare attached while my husbands employer has said he has missed the cut off point although will write a letter on headed paper…
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Vida
Does anyone have any experience with Vida mortgages please? If so, how long does it normally take?
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Residential mortgage on second home - consequences of discovery after property sold?
For a number of years we owned a property which we used as a second / holiday home. Our main residence was job-related accommodation. At the time of original purchase the mortgage advisor told us that as it was our first and only property purchase, we were able to apply for a FTB residential mortgage, so we did. At some…
