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25 year, fixed rate, offset mortgage
Hi, I was just wondering if it is possible to get a 25 year fixed rate offset mortgage. It will be a re-mortgage, house value 145,000, 115,000 left on mortgage combined earnings of 25600 gross - 19200 net per anum (wifes earnings (Teacher), i am house husband = no earnings) Many thanks for any help you can provide and…
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New Property Site
A new site has launched which it says evaluates estate agencies. Worth a look https://www.estatesforum.co.uk Do feedback on what you think here. Martin
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Does this sound right ??
I've recently come out of a fixed rate with the Royal Bank of Scotland.I'm paying way over the odds as I'm still on a 100% deal for the £80K the house cost 4 years ago. The value of my house has increased to around £120K,so I'm looking to not only replace my mortgage but I want to take out additional borrowing of around…
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1st time buyers...where to start!!!!
I'm 3 years Post Graduate and have 2 yrs to take advantage of a Graduate Morgage with HSBC. As a Key Worker i'm able to get a Shared Ownership property. Thats is easy enough.... but where do you start finding a morgage? Do I stay with my bank? Shop around... how do you do this with out spending hours walking round the…
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land regitsry question
hi all, im about to put in an offer on a flat (in devon). the vendor still has to find a place to buy, so that buys me a bit of time to see what the market is going to do. is there a site that gives a monthly stat on regional house prices? or when is the next land registry due out (and what were the findings of the last…
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NU WP Endowment - comp offer - what to do now?
Having made a complaint to the Ombudsman about a with profits endowment sold to me in 1989 by the Commercial Union (now Norwich Union), and having had the complaint upheld by the Ombudsman, I have now received an offer from NU. Their offer is comprised as follows: Ø An ex-gratia amount of £3,766.87 Ø An offer to pay the…
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Under Offer - Can I still place an offer
I have just found the home of my dreams. I placed anoffer and was shortly instructed by the estate agent that another buyer put in a higher offer but was not obliged to tell me what that offer was. I increased myoffer and was later informed the vendor had made a decision and went with the other buyer who had made a higher…
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Re-mortgaging
I curently have a mortgage of 27k on a property worth 100000k with Britannia flexible mortgage which is creeping onwards and upwards steadily with each rate rise. The current rate (before last week's rise) was 5.35%. I have shopped around on the Web and elsewhere and have come across a Norwich/Peterborogh BS offer of a 2…
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Help! A wee poll
by way of a poll, if your neighbours wanted to buy your house off you now (next few months) to convert it into one large house; you knew you would be moving anyway in the next couple of years for job/family - would you take the opportunity now and bank the equity, rent for a bit until your move - or would you leave it Also…
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Are we classed as FTB?
Wonder if anyone could help, have a few questions: We have just sold our house and have decided to rent for at least the next 6 months. When we come to buy again would we be entitled to FTB deals? Also, I am a teacher earning £21,700 plus an additional income of £4,200 for a part time job I do too. My husband earns £21,000…
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What good mortgage?
Hi everyone I've had my mortgage products for about a year, so I was thinking it's about time to just check that they're competitive. My personal mortgage is with the Halifax - 4.99% My 'buy to let' is with the Coventry - 5.9% (interest only) They have both risen with the interest rate rises. Neither of which i'm tied…
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First time buyer - advice
I have just graduated from uni and have got a job (21k a year). I am also getting married next year and my fiancee is at uni for another year so we will be getting a mortgage on my salary alone for at least the first year. We have started looking into mortgages and are aiming to get a house soon. We want to borrow as much…
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Mortgage overpayments
I wonder if anyone can help? We are looking at taking out a mortgage (sold a house some years ago and just moved back from abroad so not our first mortgage). Anyway, what I want to do is overpay the mortgage each month. Either directly or by a lump sum on the anniversay of the mortgage, depending on the details of the…
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Letting Agents and Fees
Letting Agents and fees. A colleague has run into a bit of problem with a Letting Agency and could do with some advice. The situation is as follows:* He found a property he wanted to rent but it was above his price range. * He approached the letting agency to ask if the rent could be lowered. * The letting agency agreed to…
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My Mortgage Calculator Theory
Is it only me here... (quite probably, yet again) Because i do find that a lot of the time, mortgage calculators seem to exclude much better rates, almost like you can constantly trick them, whilst knowing that a lower figure exists elsewhere- than the 1 theyre churning out for you. yes.... and Another thing, they also…
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Extra bit of mortgage required during fixed rate
Hi there 9 months into a 2 year fixed rate mortgage with Yorkshire BS and moving house and need to borrow another 50-60 K obviously have to stary with YBS to avoid redemption, but what do I do with this extra amount. If I start another fixed rate then this will be out of sync with the first and large lump but then on the…
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Changing Mortgages
I have recently come to the end of a mortgage deal. My partner and I currently have a mortgage for approximately £57000 but wish to borrow an additional £4/5k for home improvements. I earn approximately £18k but my partner has recently started his own business. We have been advised that we may have to go for a…
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Sell Or Rent out Girlfriends Flat
Hiya, as usual, I have a financial question/need for advice, so here I am! OK, Girlfriend and I are thinking of moving in together to my house. Thing is, she has a flat (has one bedroom, kitchen lounge and bathroom and a bit of non communal garden and parking space) in Morley, with a mortgage of 49K. Next door to her sold…
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Interest Rates - Crystal Ball Please
Hi I've been on fixed rate mortgage which is about to end, hence looking for new deal. I was just wondering what the general feeling about interest rates is, are more rises expected, and if so what rates are they likely to peak? I know this is all crystal ball stuff and nobody knows for sure but I'd be greatful for…
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buy to let remortgage wanted
Hi We are living in a house my mum owns and so it is in our interests to keep the mortgage low- we pay her rent of course. We are not currently in a position to take on the mortgage. At the moment its 6% and it follows the base rate (can't remember what percentage though). Interest only as thats all we can afford. Does…