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RBS PORTING HELP
Hi, so we’ve had our rbs mortgage for around 12 years. We want to port our mortgage to downsize to around 1/2 of what it is now. We’ve been told by several rbs agents that as the new property/mortgage is a lot less we’ll be fine. Now they’re saying that we have to pay the £5k arrears before we can port, even though the…
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Phone upgrade pre application
My phone is on its last legs and I am due an upgrade around now. We have a DIP but our new plot hasn’t been released yet so we are just waiting for the call to reserve and proceed. Am I better off doing the upgrade now before the application goes in or waiting until we are actually completed? O2 have actually offered me a…
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Best time of month to apply for mortgage
I am in process of applying , is it worth holding off till Tuesday as it will be start of September and maybe some deals will change? also I am waiting on a full building survey to come back which is due next week , I wanted this back first before officially applying - is that wise (or indifferent)? when applying for…
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Help - stupid move
Hi all I am expecting my mortgage offer (hopefully) in the next day or so... I noticed that it said Miss and I go by Ms in my solicitors documents etc. so as I also bank with HSBC I called accounts and had it changed today... didn’t think much of it... but now I am panicking (and kicking myself) as scared that this will…
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Awaiting Halifax mortage decision- Will it fail for credit balance? Advice please?
Awaiting mortgage decision from Halifax and absolutely terrified. First time buyer, can't get a mortgage with my partner as his credit history is horrendous (multiple defaults caused by ex partner) so I've had to do the whole application in my own name. Purchasing a new builld (hopefully) and using the Help to Buy scheme…
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Criminal Record DR30 - will this effect mortgage application
Hi I had a conviction in 2014. The Code DR30 is Driving, or attempting to drive, then failing to supply a specimen for analysis when stopped by the police. I am reading the lending criteria on Santander website and found they state this We do not accept applications from customers with a criminal record (or where they are…
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Moving house
I am in the last stages of a house sale with all surveys completed and the buyer has asked if I mind if they split the title deeds now. The house I have sold also has a piece of land with planning on for a 9 bed HMO. Why are they asking if we mind the deeds being split now and why wouldn’t they wait until they own the…
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Mortgage advice when getting new property
Hi, Hoping someone maybe able to advise! Curenrtly got our house on the market (3 days) and seen a property we both love. To secure this house, I was wondering whether I can borrow additional money on my mortgage (£82,000) is allowed, and use that along with the mortgage in principle I have for the remainder. Then once our…
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Unencumbered mortgage HELP!
I am looking for advice on the probability of being able to remortgage my property so I am able to make a decision about job offers in the next couple of months. I have qualified as a teacher doing supply work currently but unfortunately the job opportunities in Lancashire are slim due to the pandemic and there are very…
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Proof of deposit - stocks and shares ISA acceptable?
Hello,We're applying for a mortgage with Natwest through a broker, they've come back asking for proof of deposit in spite of my having provided them with a statement of my stocks and shares ISA. My broker insists they need to see the deposit amount in a bank account - I was looking to sell my ISA holdings to fund this, but…
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mortgage, benefits and self employment
My OH has been made redundant and also just been diagnosed with MS. He is just starting treatment, but at the moment is barely able to walk, concentrate and cannot do much in a day, so no chance of getting another job in the near future. I am self employed and have lost work due to COVID and am therefore not earning nearly…
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Really frustrated with Santander
Last year we took out a 2 yr fixed mortgage with Santander, as we weren't expecting to move anytime soon. The stamp duty announcement changed our minds on that. So looked at porting our existing mortgage, however despite both of us having payrises and me having a promotion during lockdown they have cut back what they can…
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Overpaying mortgages
When we moved 2 years ago we stayed with same provider so now have the mortgage from old property and the mortgage for our new home running side by side both on the same fixed rate with a term difference of about 2 months. I am able to overpay and have been paying equal amounts off each mortgage but was wondering if this…
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Mortgage rate has gone up
Been following a mortgage rate with a bank for a few weeks and it’s suddenly gone up, I guess this is to be expected, has anyone else noticed rates go up?
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Conveyancing completed in 5 weeks.Is it possible
I am in a chain of 3, i am also the middle link. My buyer is now at a stage to proceed since possibly for last 2 weeks. They are asking alot of questions in regards to dates of move. My seller has had to reappoint a new solicitor as previous one was under investigation by law society. New solicitor was appointed on the 7th…
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How long will a remortgage take at the moment?
My current mortgage deal ends on December 31st. If I want to switch lenders how long should it roughly take? Thanks
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2 year fixed rate mortgage
Hi just started a 2 year fixed rate mortgage about 6 months ago. What happens if I move home before the 2 year fixed rate is up. Can you move it to your new home?
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Done to death I know but... what extra docs did you have to provide for Santander (self employed)?
Applied for 85% mortgage via broker with Santander yesterday. I'm employed and my partner is self employed. AIP has been agreed but can you tell me what extra documents have you had requested for a similar situation? Done the usual SA32, accountant reference, 3 months business and personal bank statements.... Many thanks
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Porting and moving with santander
Anyone here recently moved or moving and poring their mortgage with santander know what deposit is required? Having different answers from brokers whether its 15, 10 or 5 percent deposit that's required? Thanks in advance
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Settled car finance impact on mortgage - Do I need to wait until the credit file is updated?
Hi I had a PCP car finance, £880 monthly payment and total £61K outstanding balance showing on my credit file. I settled the car finance on 20/08/2020 and my car finance account balance cleared on 21/08/2020. The car finance company said they will send the information to credit agency straight away. However, my credit…
