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Mortgage help
Hi I am looking to buy my first home with my partner. We are looking at a house in a few days that looks reasonable and priced at 88k. Now he is working part time only earns around 9k a year. He is currently looking for work and he hasn’t been able to save due to having to pay board at his mothers and pay his car running…
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Buying out an ex
Hi all, New to this forum but in desperate need of advice. My partner and I split almost a year and a half ago. I moved out of the property and back in with parents to ease tension. During this time I have continued to pay the mortgage and council tax. The home was bought in 2015 with a help to buy. We each put in 4k…
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Help AIP got declined by current lender
Hi all, So my AIP got declined and I am a bit lost. I currently have 2 years left on my fixed deal so I will have to port my mortgage with Santander or pay ERC of about 7k. I recently contacted L&C who assessed my affordability and advised that I had to pay off my car loan to be able to get the full amount i required. I…
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Overpayment Question
Hi All, Just wanted to clarify the best way of making a mortgage repayment. Currently setup to payment monthly payment by Direct Debit - £500. Then a separate standing order is setup to make an over-payment of - £200. My statement shows each month: Mortgage payment Overypayment Interest applies. If I contacted the mortgage…
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Mortgage and taking out a loan
So we're waiting to hear about our mortgage, apparently all the credit stuff is absolutely fine, they're just waiting for an email from my new employer (getting sorted tomorrow) and a valuation. Once we get our mortgage offer through (fingers crossed!!) will they do any other credit checks? Because it's a new build, we…
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To deal or not to deal?
Hi guys, long-time lurker, never posted as wasn't sure how much value I had to add to the forums as a 25 year old with little life experience... But I have a conundrum that I simply cannot get my head around. I wondered if you remarkable people might have some insight, pretty please? Currently DH is on a 4.24% SVR…
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Can't decide what to do!
My OH and I have a combined income of around £50K, £2200 each in a Help to Buy ISA and £9K in other savings but also a £5K loan. Looking at houses up to 130K. Can't decide whether to start looking now/a few months , we are saving around £1300 a month, or open up Lifetime ISAs and wait a year, potentially getting up to £5K…
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Mortgage query
I am currently taking Universal credit that provides maintenance dor single person, rent and child support. I had some problem with my partner for which I had to seek benefit as I have a baby along. Things have started improving between me and my partner so he is back and we have decided to buy a small flat together. He…
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95% LTV 5x salary possible?
Hi, Short version: Is it possible to get a 95%LTV mortgage at 5x joint income? If so who should I be looking at? Longer version: In the summer I will be getting a substantial pay rise (to just over 70k) and my wife will be returning from maternity (Statutory :mad::mad:) leave to work as a part time teacher (probably around…
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Declaration of trust/house repossessed please help!
I really could do with some help please. Really long story but I’ll try and be as brief as I can. My partner (now ex) secured a mortgage on a house and I put £20k deposit on it. We had a declaration of trust drawn up and lodged with the land registry which stated that if the house was sold then the 20k would come back to…
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New sibgle shared ownership after a break up
Hi My husband and I recently ended our relationshio. We still live together but I'm thinking of buying a shared ownership property and move out as soon as possible. But would it be possible for me to but the property if technically I'm still married? Thank you
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Pepper Money - refund of valuation fee
Hi In urgent need of advice - we had our mortgage application out in a couple of weeks ago. Pepper Money have asked for additional bits such as a gifted deposit confirmation letter, proof of rent payments, an oz of blood etc! We paid our fees on 25th jan but today, they have refunded our valuation fee. According to our…
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Help to Buy agents in meltdown
Hey all, Anyone else noticed and getting nervous about the Help To Buy agents appearing to be in free fall? Over Xmas the agents were re-organised from 7 into 3 and the companies changed. They don't seem to have been prepared in any way. From the website functionality, not having email forwarders or out of office replies /…
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Buying other half of an inherited house
Hello, My cousins have inherited my aunt’s (their mum’s) house. One of them has decided that they would like to sell their half and move on. Based on her finances, my younger cousin has enough for a 5% deposit on the ‘half house’ which she wants to stay in. This deposit is from her savings (actual savings, not anything…
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Leasehold
Not sure if I'm in the right forum but can't seem to find relevant info. Feel free to direct me to right place if I'm on the wrong board. Looking for advice with regards to my lease. The lease started in November 1993. After 25 years the fee went up. Initially we were only invoiced for the usual amount, then after paid we…
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Loans and mortgages
Hi, I'm a FTB and wondering in what respect phaving a personal loan will impact upon getting a mortgage. My partner took out a £8K loan 2 years ago, it is now £5K, we pay around £160 off the loan each month. Would it be best to pay off the full balance before thinking about mortgages? Can you get a mortgage with an…
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Going on partner's house deeds
Partner got a mortage before we met. His mortgage fixed-term is coming to an end and we have decided to go in together. I have enough in savings to pay off the remainder of the mortgage. Does anyone know what I need to do to protect my investment? FWIW he will have paid around 20k more than me overall. Marriage is not…
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Equity release to buy primary residence
I am returning from France to live in the UK. I have £150,000 capital and would like to buy a property in the UK. Can anyone tell me if I can use an equity release mortgage to release approx £50,000 to provide top up to purchase a property valued at £200,00?
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Debt advice - mortgage
Hi, I need some advice please. I have lost my job and suffer from mental health problems and unable to work at present. We have sort help from citizens advice and they are contacting our credit card loan lenders to put a temporary stop on payments. We have contacted santander (our mortgage provider) to tell them the…
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How long should RTB take AFTER accepting offer?
Hello I returned my RTB acceptance form on 19th November 2020 which council confirmed that they received. Since then nothing seems to have happened and I'm still waiting for them to send documents to my solicitor. I requested several times a time frame on how long this should take, however they won't commit and all I get…
