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Offset Mortgage
Hi All I have been applying for an offset mortgage with a building society. All went went well, until we reached the part where they advised me what the best product was for me. I assumed that the lower rate product (with an arrangement fee) would be better than a higher rate product (without an arrangement fee). The…
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Sellers getting valuation done three days before proposed completion date.
Hi, Has anyone had experience like this? We’re a week away from our proposed completion date. However, we’ve had no confirmation from the sellers solicitor yet. I spoke to their estate agent today and he informed me that the sellers want to delay completion by at least a week as they’re having another valuation done on the…
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Acceptance of Mortgage offer letter date?
Hi, I’ve received my offer from Precise mortgages and theres a ‘acceptance of mortgage offer’ letter that I have to sign and send back. Now I noticed on another bit of paperwork it said something about not dating it as solicitors do this. But not on the actually letter I need to send back. I have rang precise who didn’t…
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Barclays 7 Year fixed rate - Fee query and some insight please.
Hi Just checking the site and you are reporting the Barclays 1.49% 7year fixed as £35 set up fee.…
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Most flexible mortgage
Hi, I'm almost 50 and due to bankruptcy a few years ago, I'll be starting out a fresh. It's almost certain I'll be starting a good job soon, which would allow me to really push high amounts towards a mortgage and get it paid off much sooner (10 - 15 years hopefully). Are there any providers who cater for this, since…
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Why is there still a huge difference in rates between 75% and the 80% LTV border
Will this gap close anytime soon...
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How would I do it ?
Following a recent bereavment I have inherited 50% of my parents bungalow along with my sister who inherits the other half. We have ageed between us that I will buy the bungalow to live in and in order for me to do this I will need to buy my sisters half, approx £170k and spend a further £100k renovating the bungalow to…
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Halifax mortgage process
Hello, we have applied for a mortgage application a couple of days ago and have just received a notification that they have booked the valuation. Does this mean that they have approved everything else.. but now just waiting on the valuation? Does anyone also know the order of the steps that Halifax takes when approving…
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Santander Early Repayment Charge
I have sold my house and I'm struggling to find something else so may need to redeem my mortgage before I buy another. Santander have sent my annual mortgage statement stating the early repayment charge is zero, which isn't correct. Does anyone know how likely I am to be successful in arguing this with them?
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Mortgages and unused credit cards
Hi, I have another thread about obtaining my first mortgage but thought I'd keep this separate. I was in debt for some time and done a bit of credit card hopping to get the debt paid with as little interest as possible. However I never cancelled any of the cards that I hopped from. In the passed I had a credit builder…
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Can you borrow on existing mortgage to clear debt?
Hi, I am new to MSE. Just wondering if its possible ( before I contact nat west) to borrow more on existing mortgage to pay off my 2 credit cards ( approx 11k) and pay back my ex partner approx 3.5k. Nat west website states you can enquire about borrowing on existing mortgage for a dream holiday or home improvements, but…
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remortgaging: going rental between current and future home / letting current home
We are looking into moving house due to limited space and needing to move to a more family friendly neighbourhood, however we don't know yet whether we will stay in the same city or not.I am also conscious it could take us quite some time to finalise our decision, so I am thinking about alternative plans. The house we own…
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Mortgage options if not working
How many lenders are open to considering mortgages for applicants that don't work? What criteria do they base suitability on if there's no regular income? In this scenario, the applicant would be in a position to put down a sizeable deposit i.e. in excess of 50%. They have no bad credit history, never declared bankrupt…
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What happens if you overpay your flexible mortgage savings pot beyond the facility amount?
I have a Santander flexible mortgage with 9 years left to run. My savings pot which offsets the interest payments is almost close to being the value of the mortgage facility figure itself. Of course, I want to keep this mortgage for the duration as due to the offset I'm paying tiny interest payments but the option of…
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Mortgage on a Dorran house (non standard construction)
Does anyone have any experience of obtaining a mortgage on a Dorran house? Or just general experience living in on? I’ve looked online but can’t find much (if any) info. Any help is appreciated!
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Advice/Advisor Required Please
Hi, is there anyone on this forum who could please offer me advice etc re the following: I have a buy-to-let property which I currently rent out and I wish to remortgage it. However, there is a clause in the head lease until 2025 which gives the owners of head lease first refusal to purchase the property should I wish to…
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Mortgage affordability
Hi just after some help ... we are due to remortgage in Nov. My partner has a loan for a car (bank loan) & a student loan (taken directly from pay) both due to end in Feb which will give £300 additional disposable income. We have the funds to settle them now but due a baby in summer so also not in a rush should we need the…
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Certificate of Title - can completion date change?
Hi, May be a silly question but our Conveyancer has agreed a completion date with us (the buyer) and the seller, and has confirmed that she has submitted the Certificate of Title. I just want to know whether the completion date can still change at this point? It is meant to be next Friday 11th June but that's getting close…
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Can you still get a mortgage as a pensioner
I live in a house where the stairs are becoming a problem and would like to move into a bungalow. The main problem would be getting a mortgage as bungalows are so expensive. Can anyone please advise if it is possible to get a mortgage in your seventies or is there any other solution possible?
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Mortgage broker for RTB
Hi How can I find a broker for a family member who is wanting to buy his social housing property? He has had the valuation so just need to commence with a mortgage application. I have contacted my usual broker but no reply, probably due to workload at the moment, also unsure whether RTB is different. Thanks everyone
