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End of mortgage term last year (August 2024) but bank didn't contact me before now - can't pay total
Hi My interest only mortgage term ended in August last year (2024) and the bank didn't contact me until now. They didn't contact me before that. I've been in arrears for several years and in an arrangement to pay these off plus my monthly instalments. I went into arrears due to ill health and being unable to work since end…
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what is occupiers consent form?
Hello, I am in the process of buying a flat. Today my solicitor emailed me saying that"I have also requested an Occupiers Consent Form from Halifax which I will need send to you in order for the occupier to sign." I know the general process of house buying and mortgage. But I am not sure what is occupiers consent form and…
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Repaying Help to Buy Equity Loan- What proof do I need
Hello, Will I need to get a solicitor, provide months of bank statements, show my job contract etc like I did when I bought my HTB property? I saved up (no holidays, kept same car etc) to repay the full amount, and was 'just' hoping to transfer the money to the HTB agent, but have seen I need to get RICS valuation etc. I…
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Could my sister buy my partner out of our mortgage?
My partner and I bought a flat together as tenants in common in 2023, each putting in an equal part of the (very large) deposit and covering half the mortgage payments. We're now facing a potential split and I'm trying to get a handle on how we could realistically deal with the flat - grateful for any advice. I can't…
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Remortgage question
Hi all , my mortgage broker has sent me this I don’t have a EPC. Can get one for £59 is it worth it or not. Also is it better to go for a cashback offer or not? Thank you
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Mortgage For First Time Buyer at 62
Hi is it possible?. I am self employed . Have been all my life doing the same job . I earn about 100k a year with my wife who is also self employed. I get 20k a year in royalties, We have a son who is disabled and he gets about 15k a year. I have 100k in cash. Would I be able to get a mortgage ? many thanks tedfud
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RBS Can't Explain Why Mortgage Interest Rate Has Reduced By 0.25% But DD Has Gone UP?
Ok so this is the second time this has happened since our mortgage was moved from The One Account to RBS. We get a letter telling us that the mortgage interest rate has gone DOWN by 0.25% but the DD is being amended so that we pay £22 a month MORE. Each time we call up the staff on the phone blame it on "timing…
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Mortgage renewal whilst on a working holiday visa overseas
I'd appreciate your help and thoughts. DD's mortgage (not buy to let, but permission to let) deal is coming to an end (next few days) and she's overseas on a working holiday visa (in Australia) and not due to come back until October this year. She has a tenant in the property, all done correctly, with deposit in DPS and a…
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Separation agreement - remortgage
Hello, Do I need a separation agreement to do transfer of equity? Can I do transfer of equity with no remortgage? I must payout my partner from joint mortgage.
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remortgage from BTL to RESIDENTIAL
Do i have to provide proof of income achieved on my BTL to change to residential or do they not ask such things ?(other than salary) I have 208k outstanding on this property and it is worth 340k
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Offset Mortgage
looking at our first remortgage and wondering if we should be looking at an offset as we have enough in savings to offset around 35% of the outstanding balance. Our mortgage adviser doesn't seem too keen but just wondering if anyone here has an offset and if it has worked well?
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Small mortgage required on freehold flat, no mutual deed of covenenant
Hi Money Savers I'm looking for some ideas/ advice. Earlier this year, I bought a freehold flat, with cash. (That's actual freehold, not share-of-freehold. These flats are common in some parts of the country.) The flat is one of a block of 4, and it does not currently have an enforceable mutual deed of covenant. At the…
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I have some questions about equity release, please.
Hi everyone I have read and read around equity release till I'm blue in the face and I'm confused, so any help would be most gratefully received, thanks in advance :) We (my husband and I) have discussed equity release and are certain that it's the way to go for us. We have no dependants so our understanding is that it…
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Are we expecting the BOE Base Rate to drop to 4% on 19th June?
Potential for 4% by year end?
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Monmouthshire BS application
Hi, Anyone got experience of a mortgage application with Monmouthshire BS? How were they, timeline from application to offer etc.? Thanks
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Getting a mortgage on a property in poor condition
I'm looking to buy a Grade 2 listed property that needs a lot of work. There is potential for some limited structural work and resolving some significant damp issues. The property has been empty for a couple of years. The property is technically habitable, as it has a kitchen, bathroom, central heating etc, but my broker…
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HMRC Property Alerts
A few years ago my now-ex wife & I signed up for property alerts against a house we jointly owned. I bought her out during the separation and now own the house outright. I'm planning to remortgage the property for some home renovations, and as annoying as it is, know that she will find out thanks to the property alerts. My…
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Default Clarification
Good afternoon, Seeking first mortgage and as feared, I don't appear to have options available for either 95% or 90% LTV. My (free) broker has explained that even through my defaults were registered c. 5 years ago, one of them being settled early 2023 is causing difficulty in sourcing lenders at these LTVs. So three…
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Leasehold Management pack
I started process to buy ground floor lease hold flat off mum December 24 Everything is done searches etc we are just waiting on management pack from Management agency (EWS) which was requested from mums solicitor around 14th April.. they have been chasing it every few days a week since then still no update on when we will…
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Mortgage broker - ask me anything
Thought I would start a thread where people can ask the brokers opinion on things @ACG @LRmortgage @kingstreet @Deleted_User (any other brokers want to chip in - these were the main other brokers who came to mind. It is definately an interesting market - probably the busiest I have ever been but at the same time lenders…
