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Which lenders offer offset mortgages?
Which lenders offer offset mortgages? We'd probably prefer tracker over fixed but we haven't made up our mind yet on that.I can't seem to find offset mortgages with the typical online mortgage comparison tools. The banks I know which do are: * First Direct: interest-only offset, but very expensive, especially the tracker -…
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Mortgage Redemption
Our fixed rate is ending at the end of this month and we will be redeeming the mortgage. It seems that the process now is that the mortgagee (i.e. the bank) notifies HM Land Registry that the charge can be released. Has anyone experience of this and/or idea of timescale? Thanks
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Has anyone had any experience with letting a room out to a lodger or renting on AirBNB?
This a spin off topic to the 'How are people actually coping with mortgage payments increasing?' thread. I have a 2 bed flat and live alone in a part of London. I could rent out my spare room to a lodger. My flat is also slap bang between two very popular hotels and close to a third so there is an option to rent out as an…
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Studying CeMap- best route
Can anyone shed some light on the best way to study CeMap? i have thought of buying the study material direct from London Institute of Banking and Finance and using all the study help they have available like past papers etc etc. OR is it better to study it through one of the many course providers? Such as simplyacademy,…
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Is it crazy to buy a house right now?
As title really. Is it a stupid idea to even contemplate buying a house right now? Assuming you’ll need a mortgage. My situation is that I don’t have to buy right now but I’d really prefer not To stay where I am. I am conscious of all that is happening and wondering if people would deem it stupid to buy now, unless you…
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Mortgage extension query
Hello knowledgeable people. I locked in a mortgage offer (Platform) 6 months ago but the offer ends a week or so before my current deal ends next month. An extension has been on the cards with the broker to avoid any fees. However, we weren’t paying any nursery fees then as family were helping. We do now 2.5 days. It is…
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Overpaying vs saving?
Hi, I’m not the most financially literate, so just checking my plan here with you sensible people - hope that’s ok! I bought my first house un June, I borrowed 160,000 at an interest rate of 2.65% fixed for 5 years. I have been putting an extra £100 a month aside, with the intention of overpaying my mortgage by this…
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Ditch and Fix?
Hi. My current deal with Halifax expires May 23, so I can move to a new rate with them from Feb 23 with no charges. However, I can switch now and pay £800 repayment charge. Currently paying 3.19% and offered a new 3 year fix at 3.69%. This is by far the cheapest I have seen. Will increase monthly payments by £20 per month.…
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Mortgage offer is it a hard search?
Hi everyone, So I’ve seen on the forum that some people are applying for mortgage offers as they are valid for 3-6 months so could potentially be a good thing in the current climate if the existing mortgage is coming to an end. Mine is up Apr 23 (so can switch from Jan with current lender) but I just secured an agreement…
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Poor Experience
I used L&C brokers to arrange my remortgage because MSE recommend them. L&C initially handled my mortgage application ok, but I was soon unhappy as delays in the process led me to lose a 3.5% deal and I then had to settle for 3.74%. Expensive. L&C then handled the next stages of my application ok, but once my application…
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Welcome Finance
We have just heard that Welcome Finance although in liquidation still something kind of hold on our property and nobody to be able to find out or tell us about it we wondering if you could tell us anything about this sort of thing we did have a loan with them before they went into liquidation
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Kent reliance end of fix term
Hi all, I am with KR and coming to the end of a 2 year fixed term in January. I am told by then we will get some options November which seems real close. Does anyone have experience of how KR handle the end of term process? There is a mortgage choice portal but our account number is longer than what is accepted so puzzled…
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Santander Mortgage Offer
Hi all. Had mortgage application accepted this morning - went through broker. Told it will be sent to solicitor within 24/48 hrs (goes to mortgage centre first??...so possibly after wkend). When would "I" get the email/text confirming the mortgage offer??
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Valuation down valued by 100,000
Hello - hope someone able to help. We have a mortgage offer which was ready to go subject to our house valuation. The valuation however came back 100,000 less than the last one under a year ago (by nationwide) when property’s in our area are actually going up! In fact it’s less than the street value and our house is the…
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Mgmnt Co charge for providing Statement to solicitors
Hello. I am hoping others that have remortgaged recently or are part of the process (conveyancers or management company agents) can confirm if this is a standard fee... Received final summary of my remortgage numbers and amongst other costs such as Chaps wire and redemption fee, £72+VAT fee from my Management company. I…
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Mortgage Overpayment - what's best option?
My 5 year fixed 2.22% term ends in October 2023, I will have 17 years left then with a balance of £240k. Now question regarding overpayment (which I can do 10% a year with Barclays). I may be able to have disposable £20k by then, and as things go let's assume I will end up with 7% rate for the remaining 17 years What's…
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2 parts to mortgage
I have two parts to my mortgage I have £72k on a tracker (currently 4.75%), and £25k on a fixed rate 1.56%. I want to make overpayments, but which is best to attack first?
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Mortgage help
I have a mortgage which is in 2 parts because when I moved I was fixed so the lender gave me 2 products. 1 is on a fixed rate until 2024. The second product is due to end. I’m going to pay off 30k from this product but interest rates will be higher so won’t make much difference to the payments, am I better asking for this…
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Should I pay it off?
HI everyone, looking for some advice. I have 5 years 9m left on my mortgage. Just 14K left to pay. I have the cash there to pay straight off, there will be a £199 fee for early repayment at the bank. we hope to move home in 1-2 years, hopefully somewhere like Portugal, but possible stay in UK. so my question is, should I…
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How reliable are NatWest AIPs?
Any brokers know how how reliable NatWest AIPs are ?
