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Overpayments
We have 2 mortgages running as recently had an extension. I would like to know which one is best to overpay on. They are both for the same term but one is in the last year of a 5 year fix at 2.39% and the newer one is in the first year of a 3 year fix at 1.99%. I’m getting confused as to which one is best to overpay on?…
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Advice needed - to ask to go interest free or not?
Hi, I wonder if anyone could offer some advice? So unfortunately my wife has been diagnosed with stage three Bladder Cancer and as she is self employed will probably have to wind down the business. I am a teacher and have opted to go part time from this September to allow me to help with childcare (we have two young…
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Will a poor employment history keep me from getting a mortgage? Desperate for answers!
Hi. I’m quite stressed and desperate for answers and I’d really appreciate if anyone with mortgage experience such an advisor, anyone who’s been in a similar situation or anyone knowledge could help me. My employment history is poor, due to my dad becoming unwell a few years ago and I was caring for him. So from 2014 June…
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Help to Buy Ending
I'm looking to buy my 1st home in 2024, I'm currently saving as much as I can for my deposit. Me and my OH have a joint income of 54K, as the help to buy scheme is ending is there any other options? or will I just to need to save a ridiculous amount for a deposit. By the end of 2023 I estimate we would have a 20K deposit…
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Incorrect Equifax default hindering mortgage application
Hi I’m hoping someone can advise or there may be someone that has had the same issue as me recently and managed to get it resolved… I have had a checkmyfile account for a while so I could keep up to date with my scores before I applied for a mortgage with my partner. We put the mortgage application through, and the lender…
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Is it worth paying early repayment charge for any of these new deals?
Hi we have almost a year to go before our fixed deal ends. I have been on our mortgage account and checked what is available to us at the moment.1) Our current mortgage deal info. 2-4) All deals available to us at the time of posting. With all the talk of interest rates that will keep raising, we are unsure what to do,…
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Shall I pay the penalty and start a new fix rate now
Hello everyone, my 2-year fixed rate will end at June, 2023. Based on the current interest rate change, I am bit worried how my mortgage rate will be by then. I contacted my Halifax and they say if I pay 5000 pounds penalty now, I can have 3.49% for 5 year fixed and 3.67% for 2 year fixed. Any idea on the rate for next…
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Buying a house 120 miles away from work?
Hello everyone I need some help and advice in regards to buying a house 120 miles away. My wife and I live in Harlow essex and we want to move to the new forest. I'm employed and want to stay in my job but its located near harlow my wife is sell employed and runs her business in harlow We want to sell our flat and buy a…
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HSBC Mortgage extra borrowing.
Good morning everyone, My mortgage application has come back from the underwriters for extra borrowing. I have accepted the offer. How long do they normally take as it's just extra borrowing? Thank you
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Mortgage broker commission percentage these days
Hello, Are there any mortgage brokers out there who can tell me what the commission percentages are these days? I hear all sorts of figures ranging wildly so I want a real idea. Are most around 0.3%? Or is that just the lowest ones and most are actually much more? Do 1% commission still exist and are they common? thanks…
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Remortgage options
Hi. Our mortgage fixed term comes to an end soon, and the letter shows we would go on their standard rate which the percent is obviously a lot higher then the fixed term. Where's best to look I to options ? Is it like car insurance where I can just ring our current provider and say I have a better deal so they match it?…
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Buy to let mortgage within two weeks - is it possible?
Hi, we’re buying a house to live in, with a predicted completion date of 2nd September, but someone in our chain has decided to screw everything up, which leaves us short - we want to complete with other funds ideally and then sell our house at a later date. Is there any hope? I called a broker who seemed to think it was…
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Could lender request to see statments again ?
Could lender request to see bank statments again after letter of acceptance?
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Consent to let with Nationwide
Has anyone applied for consent to let from Nationwide recently? If yes, how difficult it easy was it? Were there any requirements of equity or time spent on the mortgage etc? Was there any time limit on the consent? Any other useful information will be greatly appreciated. Thanks
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Kent reliance mortgage extension?
Anyone had to ask for a mortgage extension with Kent reliance?
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Gambling transaction when applying for new mortgage
Hi guys, I need some advice. I have quite a few recent gambling transaction on a "second" bank account statement. I usually move funds from my main account to this second account to use for online gambling. When applying for a new mortgage (we are moving) I am aware they don't like to see too many of these gambling…
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Remortgaging question - what day to start new mortgage from?
Hello, We are currently in the process of remortgaging - moving from a variable HSBC rate to a fixed Lloyds mortgage. Our current HSBC mortgage comes out on the 20th of each month. One aspect I cannot work out and can't seem to get and guidance from the solicitors on - is there a best day of the month to organise starting…
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Group Income protection - who accepts
I am 62 looking to remortgage. I receive income via payroll from a group income protection scheme until 67. Claim started 2016. Also get car allowance, pip, support group contribution based esa and an annuity. I am looking to remortgage because my interest only term expires in 2 years. Ideally I would probably look for a…
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first direct mortgages
Hello, I am looking to remortgage and went into a NatWest branch today to do an Agreement in Principle. All looks OK, they have asked me to upload various documents and have made an appointment for me to do a video call with another advisor next Wednesday 24th. I understand after that appointment if all is OK, I will then…
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Natwest Mortgage offer
I'm looking for some advice please. My husband is a director of his own limited company. We bought our home 2 years ago and could only secure a mortgage via Precise who are not main stream lenders. Our 2 year fixed rate which was a very high interest rate, finished in July (2022) Again we have been faced with a similar…
