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Should I pay lump sum off interest only mortgage before changing to fixed rate or after
Hi, I currently have an interest only mortgage which I would like to change to a fixed rate. I have been gifted some money to pay off a lump sum of the mortgage. Should I do it now whilst on interest only or when I change to a fixed rate.
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Kensington remortgage/rate switch
Today at 5:38PMDoes anybody know if Kensington will offer a rate switch at the end of a 2yr fixed rate deal or will I automatically go on theee standard variable rate?
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Credit Report - Help!
I have my mortgage appointment tomorrow with Nationwide. I am an existing customer looking to port mortgage into a new property and borrow additional (as it’s more expensive), with an overall 10% deposit. I had recently paid for a 9k holiday on my 0% credit card (having already saved for it, but booked on CC for…
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Application & credit score
Wd are going g to apply for an AIP through Natwest I believe they use Transunion to credit score us is this correct? Do they rely on just this score? We are concerned as my score shows fair on there but on Experian its 998?! Also do they rely on the amount of credit on the report or what we put on the form? I am only…
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Mortgage - property + refurb
Hi guys Just wondering if a there is a mortgage product that exists to support a purchase + home refurb loan? Or the two are completely separate? Many thanks Z
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Waiting on mortgage
Hello Broker put in mortgage application last friday. No update yet. Anybody else in the same situation waiting to hear? FTB and so nervous.
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Compare Help To Buy Re-Mortgages Rates
My Daughter's Help To Buy fixed term mortgage with Barclays is about to end. It seems few lenders want to touch this business? Those that do have horrendous set up fees and unbelievable rates considering the Bank Base rate is only 0.1%. There are no comparison sites specific to this type of mortgage? To give you an idea…
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Mortgage Deposit - Cash Gift/Loan From Close Friend
Hi forum, any help here would be appreciated. My friend of many years has become wealthy, through the sale of his business and any work he has done since. He is a UK citizen that now lives abroad (USA) most of the year. He has kindly offered to gift me £50,000 to assist towards our mortgage deposit. The money might not be…
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Scottish Widows / General Mortgage Advise for House Move
Morning all, We've stumbled across a house nearby that we are very keen on, which is not currently on the market but is owned by friends of friends. We will be discussing their plans with them soon. We currently have a mortgage, though are in the middle of a fixed term (so would be subject to an early repayment charge if…
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Turn around
We finally, after weeks of going back and forth, had our mortgage agreed subject to valuation back early May. Unfortunately there is a backlog of valuations to do but fast forward one month, I was informed by the vendor this was conducted yesterday. Does anyone know what sort of timescale the banks usually look to receive…
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mortgage transferred
Good day all, my mortgage was formally with Northern rock (NRAM). Northern rock sold my mortgage to Tulip , who have now sold my mortgage to Grasmere ltd.This new company presumably has obtained more than my mortgage but they were only formed as a company in 2019, and are totally unregulated. How can this be.Any advice…
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No hard check yet?
Full application went in a week ago but still no hard check showing on credit file? Does that seem odd?
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Endowment Shortfall compensation
My Endowment is maturing with a minimum 20% shortfall. A company says I can claim for the shortfall due to misselling or something, anyone know if this is possible?
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Remortgage but I have a poor credit history
Good evening, can anyone please offer up any advice on the following. I am currently on a interest only mortgage with what was the old northern rock now landmark, I have been On interest only for 13 years. I have 12 years left on the current term. Mine and my wife’s credit file is not great but I want to remortgage so I…
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Mortgage application new job
Looking for some advice! Full application went in with Halifax in March valuation fee was paid but then we went into lockdown and everything was put on hold, before lockdown I interviewed for a new role within the same company I work for now just a different but very similar role and different location! I received the job…
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Help - Incorrect application via a mortgage service
Hi all, I am hoping someone can offer advice as we are a bit lost and extremely concerned and don't know what to do. We submitted an application via a mortgage service and requested a copy of the application. We have found around 10 things incorrectly inputted on there. When discussing this with them, they assured us that…
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Will I be able to get a mortgage with defaults?
Hello all. I have a question about applying for mortgage with defaults. My wife and I would really like to try and get a mortgage in about 2 years she is 40 I am 35 My wife has an great credit score. Mine is not so good. As I have 3 defaults. 2 from about 2 years ago both settled and for around £400 And one from 1 month…
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Vida Homeloans return to market?
Is anyone else in our situation...we were mid mortgage application with vida homeloans and nearly had our offer but our valuation was booked for the same day the country went on lockdown! Instead of vida just holding our application until they reopened they just pulled all applications. Since March they have given no…
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Mortgage ending in 9yrs - help 😬
Any help appreciated. Bought my former property in 2004 for 315k. Hit problems with my work (unexpectedly) therefore stayed on interest only repayments for many years until financially sound again. Long story short is, I’ve been making overpayments of £1000pm for three it four years now. Mortgage is still £237k and I’m…
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Anyone explain application process
Hi Got AIP after soft check. Found property and full application made Did a multi agency credit search for myself to see if credit checks had been carried out and found a soft search in 2 agencies carried out on day of AIP Also discovered a default that was unknown to me as was on a CRA I had never looked at. It was one of…
