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Portman > Nationwide switch
Well, what a tangle this appears to be. We had a letter from Nationwide excitedly telling us that our ex-Portman mortgage was no more blah blah. Then I discovered two new direct debits had been set up for it - from January - but the old one hadn't been cancelled. After a long phone call today - being bounced from…
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Mortgage and Top up loan
A couple of years ago I had an extention built. There wasn't enough equity in my house until the extention was built. The LTV for a mortgage is less for the self employed, so I took out a Top up loan with the same company GE money. After the recent interest rate drop, my mortgage has been reduced but the Top up loan rate…
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halifax new deal
OMG. iv just looked on the halifax website to see if theyve changed their fixed rates and theres a new deal. 3.99% fixed for 2yr with 75% LTV. oh yes and theres an arrangment fee......... its £3,999 :eek: . i nearly choked on my bacardi and coke
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Natwest/RBS bank rate query
I am lucky enough to have a mortgage that is tied to base rate rather than the lenders SVR. My question is how does the RBS/Natwest bank base rate vary from the BoE base rate. It was highlighted to me by Natwest during a phone call with them that my mortgage relates to their Base rate and not the BoE. Yet in the last…
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northern rock remortgage question
a friend of mine told me last night that Northern Rock are unwilling to let him remortgage to another product when their current deal expires in 3 months. can they do this? i said to him, even if they won't let you switch to another product then i'm pretty sure they have to let you go onto their SVR. it got me thinking…
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Accord drop svr to 5.99.....however
They just told me on the phone that unless customers contact them, then the cut wont be passed on and you will remain on the same payment each month. (Overpaying your mortgage) Hardly treating customers fairly, they said that customers had to ring and ask for a payment re-calculation My payment dropped from £630 to £528
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Halifax
just told me they dropped their rates on Saturday! not sure what the rates are but thought you would like to know.
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Career Advice...
I wasn't sure where to post this so apologies if it shouldn't be here, but this seemed as good a section as any. I have passed CeMAP 1 and I am studying for 2 & 3 - however, I have the pleasure of currently working for HBOS and for obvious reasons I don't think my job is safe so I'm looking to jump before I am pushed. I've…
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First Time Buyer requires help!
Hi, my partner and I are wanting to get a mortgage in around 6-8months...we have 15k deposit and only student loan repayments of approx 20pounds each, each month outgoing in debt that starts april 09 - are there any good mortgages out there at the moment that we may be able to get reasonable quotes from...we earn 16600pa…
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Interest Only Mortgage
I'm looking at changing my mortgage to an Interest Only Mortgage and on the form it states "Reason for change to Interest Only." Basically I'm wanting to do a temporary conversion to cut my expenditure. Temporary conversion is an option but how would be the best way to explain this? It also asks if temporary to state a…
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Coventry Building society
I informed that the Coventry was posting out letters this week informing people of their new mortgage payments. Has anyone received the alleged letter, strange that when the rates went up i got a letter 3 days latter. Thanks for any help
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Help - I need a 100% remortgage
My current 2 year fixed rate with Northern Rock ends on 1/2/09. This was an interest only mortgage on 100% ltv. Based on house price calculators I've used I estimate my property to be worth roughly the same as I paid for it two years ago, therefore need to remortgage at 100%. What are my options? Do any providers lend at…
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Payment Holidays
What do people think of these? I'm thinking of just taking a months mortgage holiday (with NR) so I can try and get myself a car. Anybody avail of these once or regularly and are they more trouble than they're worth? Cheers!
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HELP!!! somehow owe £10k more than i borrowed.
Going to ring northern rock but just wanted to check that its not right b4 i do. Took my mortgage out in nov 2006 and had £16k as a deposit from our previous house. we bought our house at £156.500 but only needed to borrow £143k. Looking at our statement (which i dont normally bother to do) i have found we now owe…
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Overpay on my fixed rate mortgage now or save and pay off a lump when FR ends?
this may be simple to some, wonder if anyone can advise or point out my failed logic? my fixed rate mortgage ends in a year, lookng at overpaying to reduce the total. I assume that overpaying directly reduces the capital on which interest is charged? otherwise, is it worth saving up a lump sum and paying this off the total…
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First time buyer with 40% deposit looking for a good deal
Hello I bought a house on Friday and I had originally been looking for a good tracker deal from C&G when they were all taken off the market and replaced. My mortgage will be £77,000 and I want a repayment mortgage that I can pay off as quickly as possible. Any advice on who to go with?:confused:
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Alliance and Leicester SVR Reduction
Hi Everyone, Have been reading every ones posts regarding A and L, have just got off the phone with them,they say they will reduce my rate by 1.1% from January. I have a flexible 5 year discount mortgage with them which tracks 1.8% below their SVR . Not the full amount but anything is better than nothing ! So quite happy…
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Windsor Life Endowment
Hi, any advice or comments re this thread would be very much appreciated. In 1993 I took out an Edition 2 Endowment with General Porfolio - now Windsor Life. I pay £102 per month and in 2007 the current fund value was about £16,000 I have death, disability and critical illness cover for £40,000 4% growth return should…
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mortgage breaks
hi i have seen on the internet today that rbs will give people struggling a 6 month break,i have a mortgage with the halifax,do you think all lenders will follow suit?
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Selling endowment back
Apart from AAP who can't better the offer from Norwich Union, are there any other good companies that may asssit? thanks