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Not Proceeding with Mortgage Offer
Hi, Looking some advice. Me and my ex partner recently withdrew an offer for a house purchase due to personal circumstances. We had a mortgage offer approved etc at this stage. We have since broken up also. Contracts were not exchanged also. What happens to that mortgage offer now? Can it be changed from a joint…
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Mortgage Application Process
Hi all, i am currently in my mortgage application process with Santander. Submitted application on Thursday 10th April, hard check was performed once it was submitted. Then on Friday i saw it is Underwriting in progress. Another hard check was done today. I phoned Santander for an update and they said “The underwriting…
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Lloyds Private Banking
I'm currently in the process of remortgaging to a 1-year fixed-rate interest-only mortgage with Halifax. I think interest-only mortgages are the future for me and I don't know why I initially opted for repayment when buying my current home.Looking to future remortgages, how can I give myself the best chance of having…
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HELP- LISA
Hello everyone, my partner and I are seeking some advice regarding our Lifetime ISA (LISA) funds. We initially opened these accounts to save for a mortgage. However, we've recently been told that we can get some land gifted by my father on which we plan to build our first home. We are now exploring options for accessing…
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Mortgage Application concerns
Hi everyone, This is my first time using this forum so bear with me if my thread is in the wrong place. So, my partner and I are buying our first house together, the place we have in mind is £185,000, we are using £18,500 as a deposit from the sale of the current property that my partner owns to cover this. My salary is…
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Remortgage problems
Hi All, Currently 3 years into a 1.2% fixed 5 year mortgage deal and very happy about this. I want to extend and convert loft so need to borrow more. Mortgage broker says that current lender wont take the risk as i own a joint investment property (50%) and it didnt turn a profit last financial year. It didnt turn a profit…
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Recommend a Mortgage Broker - Kings Lynn/Downham Market/Ely Area Please
Good afternoon everyone. Does anyone have a recent and positive experience of using a mortgage broker in these areas please?
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How have you/do you become disciplined to overpay your mortgage?
My term is currently 30 years, age 40, want to pay if off by 55. Balance 187k. I like the flexibility of having a long term, but I just seem to only pay off small amount less than 100 every couple of months. Do I bite the bullet and just reduce the term, or do i set up an extra DD with HSBC. What do you lot do?
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Downsizing home to help purchase workplace
Hello, I'm in a position to
buy my workplace (a freehold, stand alone repair-workshop), which
I'd like to do but I need to borrow around £45k to do so. I've also realised I want to move into a smaller, cheaper home and I'm hoping
to use this to help purchase my workplace but I'm struggling to
get my head around it. In…
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Will it be possible to buy ....
we ( wife and myself ) want to buy our first hous but i dont know if we will be accepted by lenders . We have a deposit aroud the £150 k mark ( will increase monthtly) and are intrested in properties in the region of £425-£450 k . Both are on desent salaries and make a combined £ 163 k per year . I think that a lender will…
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Guarantor mortgage on property
Does anyone know if you can get a mortgage with a flat you own outright yourself as the guarantor. I am renting myself but owned flat has been rented for years. I want a mortgage for myself have a good deposit and a salary but dont earn enough to get amount needed is this an option? As putting a mortgage on the flat would…
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Portfolio mortgages
Just looking for any advice on portfolio mortgages, as I know nothing about them. I own a few low value BTL properties and like the idea of having one loan secured over the whole portfolio, rather than several separate loans. Two reasons I find them appealing. 1). I could pay off the mortgage on my main dwelling. 2). I…
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Mortgage Lenders who will lend under the provision of debts being paid off after completion
Exactly as the title says really are there any mortgage lenders who would lend under the proviso that credit card debts would be paid off in full, with the proceeds of our sale so effectively we will sell out current home, make some profit, pay off current debts that can’t be paid in full without selling the home, then buy…
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HSBC mortgage application
Hello, we have been waiting for our buyers revised mortgage offer from HSBC for 5 weeks now. Is it usually taking this long if anyone knows. The service level says 14 w/d for application amendment forms but it’s been pass this timeframe. Our estate agent doesn’t seem to be concerned and they keep getting told that it will…
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How bad / negative re remortgaging is paying a settlement offer?
Hi. Summary: Brother has an automatic settlement offer from Capquest, 20% discount. He is tempted to pay it but has to remortgage later this year as his 5 year fix comes to an end. However, they state that this will go down as a 'satisfied with a partial settlement flag'....will this be a negative when it comes to how his…
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Help to buy - home improvements
Hi everyone I currently have a help to buy mortgage which I took out two years ago. We recently found out that we are expecting our first child next year (bit of a surprise!) and it has forced me to evaluate our living situation. Our current house is quite small (no surprise for a new build) and we will need some extra…
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Mortgage
Morning. I am moving house. Our house is up for sale. My mortgage deal with NatWest ran out so I got a MIP with first direct. But I would like to clear some debt and switch to first direct before I move house. It may take a while to move house. Can I go to first first and advise I don’t need to borrow as much atm but when…
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Declined mortgage twice due to flood risk but i'm not even close to a river or flood plain
so I've been turned down twice, Leeds and HSBC due to being a flood risk even though I am 16 miles away from the nearesr river. There has never been a flood in my area and i've lived here 40 years. Apparently the lenders have signed up to Hometrack, which provides survey data about properties. I have contacted Hometrack…
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Taxes on Italian property if already own a share of a property in the Uk
Just a quick question... Im British and my ex husband is Italian. We have a mortgage on a property here in the UK but he only owns 1% . He now wants to move back to Italy and buy a property there for himself. Hes also transferring his residency back to Italy. He is asking to be released from our mortgage here because (he…
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Buy to let stamp duty
Does any know what percentage of stamp duty I would have to pay if I sell a buy to let and buy another one using the capital. I am basically exchanging one buy to let for another. The property I would like to buy would cost me £17500 in stamp duty if it counts as an additional instead of £3500. I would be grateful if…
