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Npower default
After seeing a mortgage advisor my credit report showed a default of £58 from Npower as settled. We moved provider when in a previous property and within weeks of switching our landlord gave us notice and we quickly moved property. It transpires after speaking to npower this £58 was a final bill. It was sent to debt…
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I have received my Halifax mortgage offer. My solicitor is now stating that they requested the
Redemption Statement from Halifax (made up to 28/02) at the end of Jan and twice since then. They claimed that they have not received them so I chased Halfiax who said it had been faxed (who uses fax still) twice. Solicitor has checked their electronic fax and confirm that still nothing received. Hoping to exchange on…
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Beyond angry with Natwest - please help
We bought a property with a HTB equity loan in 2015. Our mortgage is with Natwest. In November 2019, I called them to discuss remortgaging options (as we were almost at the end of the then-current 2 year fix) and explained that we hope to move house in 2020, so we need a portable deal - N.B. obviously it would have been…
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Mortgage valuation- roof foam
We are currently in the process of buying a 1930s property which is being valued this week however the vendor has now told us that the property has roof foam coating the underside of the roof. There are no guarantees of the product as it was done in the early 1980s. We offered £215k which was accepted prior to us knowing…
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New build devaluation HTB FTB help
Hi all, so we have had our valuation come back valued at 290k on a property we reserved at £310k we went through nationwide due to some late payments in the last 2 years on our credit. we have contacted the developer who will not budge on price and state the only ones devalued have been surveys done by countrywide. does…
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2 years to go... Aviva low cost endowment
Hi all, Our Aviva low cost endowment policy is due to mature in April 2022 - it was obviously taken out to pay the mortgage off at maturity but we've now just sold the house and the amount we will receive is well above the mortgage amount. Should we keep the policy until maturation, or cash it in and invest it elsewhere?…
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Mortgage Broker Fees - Paid By Lender?
I'm looking at a getting a mortgage and have been recommended a fee free broker. The broker says their commission is paid by the lender. Is this commission paid by the lender entirely, i.e. it doesn't just get added to my mortgage amount? I know individual broker's arrangements may vary, but I'm just asking for the general…
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Up-sizing & mortgage affordability
Hi everyone We (wife, baby and me) are looking to move house. It would be a considerable trade-up and we are looking very carefully at our finances to decide whether it's financially viable and sensible. We are fortunate to have good salaries (c. £185k between us) but will have a relatively small percentage deposit on the…
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Am I being a overly sceptic about our Mortgage Broker?
Good morning everyone, I hope you don't mind me asking your opinions about our broker and whether or not I am being overly sceptical about them. We reserved a new build in April 2019 and it is due to complete around April/May this year. We hunted around for a good adverse broker specialising in HTB and narrowed it down to…
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Before Applying - Credit Report & Underwriting
First post, so please forgive me if I’m ignorant of any
forum etiquette etc. – have had a look for similar posts but can’t find
anything specific. The wife and I are looking to purchase a house in the near
future at about 90% LTV. Combined income of about £90k and will be looking for perhaps
£300-320k mortgage. The reason…
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Getting off mortgage after divorce
Hello - my husband and I have been married for 9 years but he is still on the mortgage with his ex-wife and their previous marital home. He moved in with me 13 years ago and his children are now in their mid 20’s, do not live with his ex-wife for a long time and his mortgage is interest only, now being paid by his son as…
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enact Conveyancing Ltd
I received an offer 2 days ago (18/02) from the bank. Now I'm waiting for a company called "enact" to send me a "welcome pack", which basically that is login details to download forms, sign them and upload them, and some docs need to be sent by post. Has anyone used them in the past? If you did, do you remember how long…
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HSBC Timeline
My broker has put in my mortgage application to HSBC. He said that it is now in a queue awaiting assessment. Anyone know if there is a big backlog at HSBC? How long do HSBC normally turn around applications?
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Mortgage uncertainty
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Are we the only ones left with an endowment mortgage
Hi several years ago we hit some financial hardship and ended up with an endowment mortgage which ends in 5 years. (Thankfully we have been debt free for several years now apart from the mortgage). The endowment policy from what I understand will only cover half of the sum total amount of the mortgage. Our first thought…
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Mortgage Overpayments
Hi, I am interested in getting some 3rd party opinions on my current situation regarding my mortgage. I am 2 years into my mortgage and I am due to renew in the next few months. The last 2 years I have paid £515 a month on a fixed term mortgage with a 40 year policy. I would ideally like to be paying roughly the same…
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Require cash for a loft conversion - what are my options re financing it?
Hi guys, Firstly apologies if I am posting this in the wrong part of the forum - not too sure where this belongs but here goes my question.... We currently have a 5 year fixed mortgage, currently in year 1, and since purchasing the house we've spent circa £30k on furnishing/repairs, etc., therefore are pretty positive that…
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Paying back early
I have a mortgage which is made of 2 parts (For the same property). One on repayment and a second one which is part repayment part interest only. The first one cost me ~£590 per month, the second one ~£180 for the repayment part ( I have been doing some extra repayment on this) + £51.50 for the endowment part. On the first…
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Mortage Port and additional loan question
I am currently on a 5yr fixed mortgage at 2.09% due to end Aug 2023 with Santander and have around £140k remaining on it. I am thinking of moving out later this year and into a house where an additional loan will be required. There is an ERC of around £7k. I understand I can port the mortgage across to a new home and apply…
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Pre Fab house - please help !
I wonder if someone could help with any pointers of any more information or anything else I can do. Im helping out my ex partner in his divorce. He is my kids dad so Ive stepped in to help. He suffered devastating strokes and brain seizures and is severely disabled but can make decisions. His wife then left him and Im…
