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To good to be true
This current HSBC deal looks pretty ideal for me (need to remortgage but will be selling up and moving into rented in the autumn/winter) but can anyone actually confirm that HSBC won't charge me any early redeption penalties when I sell up? The website indicates that it doesn't but the call cantre staff want me to make a 2…
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Best fixed rate deal?
Best I've found (been told about by a forum member) is First Direct at 5.29% over two years but the fees are £1,500 in total. They have an alternative at 5.79% with just £99 fees and the two work out at almost exactly the same cost over the two years. Of the two I would choose to have the money in the bank (offset account)…
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Buy now or later??
Hi, Just after some advice please.. I am a student and looking for somewhere to buy at the moment.. I work part-time (20-30 hrs per wk) whilst studying and probably earn about £1000 a month but as I am on holiday at the moment, I am able to earn double that with overtime/extra hours. Now my question is, do I pursue a…
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STR - What about mortgage?
Hello, I am after some advise on what may seem like a daft question but here goes: We have sold our house and are looking for something bigger but can't find anything in our price bracket at the moment - prices are falling in our area and only those houses priced realistically are selling. Alot of vendors seem to be…
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Meaf
I payed off my mortgage in 2002. I didn't switch, or pay it all off early, just payed it till the end of it's term. I put my deeds into the banks deed store system (Halifax). About a 1.5 years ago i took out the deeds and closed the account and i was charged for this, can't remember how much. Could i claim this money back?…
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Questionnaire
Can anyone offer me advise on the following please? I recently sent the ‘Which’ letter to two companies, NU and Standard Life, with whom I have endowment policies that are underperforming and where I think I was mis-sold the policies. NU has referred me to Barclays Wealth who sold me the policy and they have sent me an…
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Pay mortgage off with loan??
Hi All, Our mortgage deal is up for renewal end July, we should owe about 33k. We have enough in both our ISA's to pay this off, however, from a MSE point of view I'm not sure if this is right thing to do. We have about 8k in normal savings account if we pay off mortgage would leave 25K. At this point I'm not sure if to…
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Nationwide cutting the price of some fixed rate deals from May 16
Not seen this posted yet but the rates are going down from May 16. From: http://www.nationwide.co.uk/mediacentre/PressRelease_this.asp?ID=1200
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Builders depoist - New builds / mortgages
I have been told today off a mortgage broker that a lot of lenders are not offering 90 % mortagage when the builder has contributed 5%. I have been quoted 6.77%. Which is a lot more than when I decided to buy the property.. ...its taken 7 months to be built. Can anyone point me in the direction of a lender who can do…
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Consent to let
Hi,I am purchasing a new property on a residential morgtgage to live in and the house we current live is being changed to a consent to let. One of the special conditions of the release of funds from the new mortgage provider is that our current mortgage is changed to a buy to let. I was wondering if a consent to let would…
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Remortgaging Advise (Northern Rock)
Hi, This is my first post on here!!! Me and my partner are currently on a fixed rate interest only northern rock mortgage which is due to end 31/10/08. This is split to £90,000 mortgage and £13,000 loan. The property was valued at £100,000 when we purchased it back on 31/10/06 so we borrowed £3000 over the value of the…
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any help ???
My wife died suddenly aged33 we were like any normal couple two kids ,dog and morgage. However devistated i was relived that the kids and me no longer had a morgage how wrong i was !! We had just renewed our morgage and used a broker that a familly friend had recomended when i contacted the building society to inform them…
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Mortgage Dilema
Hi there. Please HELP. I've been reading all the advices given but mine could be ina different category and i nee help pleeeeeeeease. I own a property which i bought when i was separated from my husband. We got back together and i rented it out. ALthough the rent was not enough to cover the mortgage i have always topped it…
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Unit Linked With Profits Endowment advice needed
Hi everyone. I'm after a bit of advice. I took out an endowment with a mortgage in 1992. We no longer have the house (or the mortgage) but we are left with the Unit Linked With Profits Endowment that we took out with it. I have already claimed back some money from the advisors for miss-selling (thanks to this site) but we…
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convert to BTL or not?
Hi am seeking advice as I am a bit confused. I am presently living in a house that I want to rent out as I am soon moving to another house.I was told by my lender (for the house I want to rent) that I would have to pay a hefty 1% fee to convert the mortgage to BTL if I want to rent it. However I was speaking to a financial…
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fixed rate advice
hello, i am in a dilema. i have just finished a 2 year fixed rate, and obviously the rate has gone up quite a lot in the meantime. now i am unsure weather to go back onto a higher interest fixed rate, or stay on the variable rate. my question is, does anyone think mortgage rates are likely to go much higher, or do you…
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Is my mortgage now a certainty?
Going for a mortgage with Halifax. Apparently scrored well on credit score etc. and was able to provide 3 years accounts, accountants reference etc. House has now been valued and the valuer confirmed its ok for lending on. Apparently the application has now been set to the offering department. Does this now mean all checks…
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mortgage cash back question
dear readers, my mortgage company has offered me a mortgage with a fee of £995. I have visited a cash back site and have been offered £175 cash back for the same deal. The mortgage company are prepared to add it to the mortgage, in order to qualify for the cash back do you have to pay the fee up front. thanks
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Nationwide to reduce rates
http://www.nationwide.co.uk/intermediaries/latest-news/fixed_rates_160508.htm
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Taking over in-laws mortage?
Hi all, we are buying our in-laws flat off them for £85K. The flat is worth about £130K Can anyone suggest the best way to do this? Thanks