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Second charge
Hi I am trying to resolve an issue with hsbc. I had a second charge mortgage with them taken out in 2004 for a business. The business went under and I continued to pay until I fell into arrears and they sold the debts off to their in house debt collectors then MCS. I continued to pay MCS, till they sold it off and no one…
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Mortgage on poor credit score help
hi I have a very poor credit score below 250 on transunion. It is because I have 6 - 8 defaults/ unknown status and 2 CJJ. they are all from 3 years ago. I was briefly out of uk and these are all small credits had then. They add up to roughly 3000 pounds. If I pay all of them in full, how long until I can expect at least a…
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Revise Santander mortgage offer
Hello, Seller just before exchange has tried tome the goal posts regarding the price we agreed. Nothing wrong with the house they have decided 36hrs before exchange they want to move the post 6k from a 180k house sale meaning 174k They have a mortgage offer with santander but if we were to accept how long would it take for…
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Halifax mortgage application multiple hard credit searches
Hi, I wonder if anyone can offer any insight into what happened to me recently. I received my AIP from Halifax on 8 Oct through my broker, that resulted in one soft credit search (quite normal). I found a lovely house, eventually an offer was accepted so I asked my broker to submit the full mortgage application on Oct 29.…
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Help to Buy equity mortgages
Hi, I have been doing some reading on H2B, mortagages etc. HSBC said they do not off fer mortgages to H2B customers. - Is there a list of banks that offer mortgages to H2B equity loan? - Would the interest rates be same as 75% LTV? Thank you.
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Nat West Mortage
How long does it take? We are remortgaging to Nat West. They keep coming back to us for more information The last documents we sent were quotations for home improvements as we have asked to borrow £100k +£34k to build extension to kitchen dining room.
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Expat in UAE wanting UK Mortgage
I am a British Expat currently living in the UAE. I am wanting to buy my first property and rent it to a family member while i am here so that i have a property to return to. Does anyone know of a reliable mortgage broker that could help me with this? Thanks
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Transfer of Equity advice please?
I was hoping to be able to get some advice please. My partner and I have recently separated and he has moved out of the family home. Thankfully we have managed to keep it nice and reached an amicable arrangement which we both agree to. My father has been kind enough to release equity from his house to allow me to buy the…
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Cash deposit
Myself and my husband have saved some cash, mainly cash gifts from our wedding five years ago and selling various things such as jewellery. Im not a massive fan of banks hence why we've sort of kept it under the mattress so to speak. We are now looking to buy a house and want the cash in the bank, it is £8k. I thought it…
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Final credit check before completion!?
Hi all, So I am a FTB buying a new build. I went through the mortgage advisor they suggested (it was free for FTB) and they have found me a mortgage which was accepted and valuation was completed fine. I am due to exchange soon. But!!! I am worried that I have messed it up, I took out a £1000 sofa loan (I know I know...…
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Calculate overpayment on 2 products
Hi Is there a mortgage overpayment calculator that can take more advanced calculations than a single overpayment amount? I have a mortgage and a 2nd advanced payment mortgage when we moved and borrowed more. Main mortgage is 90k intrest only at 2.79 fixed for 9 more years. Further borrow is 34k repayment at 2.19 fixed for…
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Natwest Remortgage
We are currently on a 2 year fix at 1.8% which is £423 a month, after our second child my wife has given up work to look after the new baby and then retrain as a teacher. We can afford the mortgage payment but my question is when we go to remortgage in a couple of moths we are going to just do it online again with natwest,…
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Expect longer time for mortgage approved in Christmas?
Hi, I am first time buyer with my partner. We have seeing a property on auction that we would like to bid on. The completion date is 14 January 2020. the auction is on 4th Dec. I am aware of the risks taken buying at an auction, let alone being 1st time buyers. My concern is that being Christmas in between, do you think we…
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FTB reassurance
Hi all, after lurking for a while I thought it was time to register and see if some one can give me a bit of advice/reassurance. As the title says my partner and I are FTB, we have made an offer on a house in NI for 61K we have a 5k deposit and have enlisted the help of a broker. Between us we bring in 43k a year with 38k…
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Online mortgage calculators
Hi, I'm looking at renewing my fixed rate mortgage in the next couple of months and have been looking at various online calculators. I'm looking at offloading a loan onto my mortgage but when I fill out all the online calculators they ask what current loans you're repaying etc so they can calculate what they'll lend you.…
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First time buyers - looking for a ball park number
Hello hello. No doubt this has gone round a few times but I can't seem to find them in the search so apologies first of all. Myself and my partner will be looking to buy our first place together next year. We'll go to a broker around that time, I'm just wondering if there's a rough ballpark someone who's been here can help…
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Credit reference agency mortgages
Hi, ive been looking for this information online everywhere and cant find it so hopefully someone can help so here it goes; if i make an application with a company that uses only equifax i will get a hard credit search on my equifax report and not my experian report. So if i then applied for a mortgage with a company that…
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Do you need to declare a gift if not for mortgage
Hi all Just a bit of background. My partner and I are in the process of buying our first property. I am putting in the deposit and then the rest will be split equally. We have made arrangements for this to be formalised by solicitor. Now to throw a very nice spanner my partners dad has given him some inheritance from when…
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Move credit card debt to mortgage?
Hi, thanks in advance for advice. My wife and I have mortgage of £163k on house currently worth c. £385k (LTV 42%). We are also servicing and (very slowly) repaying credit card debts of approx £40k between us, some on 0% rate but deals expired or expiring in the next few months. Next year we plan to move house and expect…
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Mortgage, DMP and adverse credit
Hello, we are currently trying to seek a mortgage (to move) or remortgage. I have took advice from a MA but have been reading some criteria on precise mortgages website about DMP’s. I am with stepchange and never missed a payment but recently there has been reduced payments - on advice of stepchange. Will the reduced…
