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Told Halifax mortgage ‘£29,500 in advance’?
In October 2023, the headline balance on my Halifax mortgage was around £10,000 with approximately 30 months to completion. When discussing my estimated new payments following the forthcoming end of a 1.52% fixed term in January 2024, I was told, twice by two separate advisors, that I was already £29,500 ‘in advance’. I am…
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Help to Buy Remortgage Process
We had one of the HTB loans on a 5 year deal back in 2021 and we are 18 months away from the process of applying to (possibly) add it to the new mortgage rate we're of course dreading to see. Perhaps a little blinded by the whole excitement of buying a house for the first time, I'm now seeing some scary amounts (for us)…
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Any recommendations for which broker/company for previous poor credit remortgage
Hi, I've looked at the various brokers they mention in th guide on here, but seem to think I've read somewhere that people like L&C won't make any effort with those with questionable previous credits issues. I've looked at people like Simply Adverse etc but need some advice. Can anyone recommend a good broker who will work…
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Remortgaging predicament
Sorry if this is obvious but how do I go about remortgaging a house I don’t live in but my family member does and gives me the money for the bills, it’s no profit just under my name for credit reasons. It’s under a residential mortgage at the moment can it still be one or does it have to change?
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Nationwide Mistake on Mortgage Payments
Hello, first time poster here but needed somewhere to share my experience and actually to see if I am the only one that this has happened too. **BACK STORY** I've had my mortgage with Nationwide for 7 years. They helped me buy my first home and I have never missed a payment. Not once. Even when I was made redundant for 7…
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Anyone with a 25 year endowment which matured recently ?
Just curious as I have one with Scottish Widows which matures a year from now which was for 40k. Remember 24 years ago the RBS telling me that I would double my money !! Oh to be so young and naive again :D Guessing I will get 25/26ish k back.
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New built exchange and completion
Hello, I hope you can help me. I am in the process of purchasing a new built but the building has not yet been completed (due to be completed next month), so completion is on notice. We will get 10 days notice once the building is completed to proceed with completion. If we decide to exchange now, do we have to pay…
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Urgent advice needed - exchange
Hello. We have received and signed our contract for a new build house. House is physically build an last NHBC inspection carried this week. Our solicitor been nightmare since beggining, all work took roughly 5-6 months. Now she got the contracts, but doesn't want to exchange on notice, developer told her that house will be…
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Nationwide Mortgage application - Scotland
Hi all, Has anyone recently when through a Nationwide mortgage application in Scotland that would able to tell me their timelines of it? Our application went in on Monday (1/7/24) a hard search was done that day aswell, so just wondering how long we would wait for an outcome. They have the home report for our new house so…
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Mortgage interest
Hi ive just noticed that although I’m paying off my mortgage and also over paying the monthly interest is staying the same . It a tracker mortgage on interest only the interest is £527 a month and I’m paying £800 plus extra when I can , I have no penalties for overpaying. I can see the balance from 6 months ago on the app…
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Mortgage provider writing off the remaining balance of a mortgage
I have enough spare cash to pay off my offset mortgage in full. The term has twelve and a half years remaining. I effectively have a credit line of BOE base rate +1.88% on £151,000. I understand that if the cost to the lender of servicing the remaining balance of the mortgage is higher than the balance itself, the lender…
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how do I buy out my abusive ex partner?
If anyone could possibly give me some guidance on my current situation I would really appreciate it. I co own my property with my ex partner and we both put in an equal amount of the deposit each in 2021. I had been going through domestic abuse/violence with my ex partner on and off for 2 years. A serious incident happened…
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Product transfer cheaper via broker than direct?
Hi there. Our current fix with Natwest ends at the end of the month. We are not interested at the moment to change lenders as we have consent to let in place and staying with them we can maintain it. I was ready to do the product transfer myself but purely by chance came across the rates that Natwest advertises for…
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Ex refuses to sign so I can remortgage
Hi can anyone give advice please if an ex of 21 years who didn’t contribute to the mortgage for the last 21 years whom we have a mesher order (court order) stating that he is not due his % of equity money until a few more years is refusing to sign for me to remortgage. He is trying to force the sale but a court order is a…
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Agreement in principle and financial associates
Hi everyone I’m wondering if someone can help Does applying for an agreement in principle with another person mean you’re financially associated? I was under the impression you are only associated with someone financially if you apply for a mortgage, credit card, joint account etc, and that an aip is only a soft search so…
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Remortgaging with repossession looming.
Hi Folks After a bit of advice, better late than never. Briefly, hopefully. My mortgage term ended 3 years ago and I couldnt pay it off. I was on a repayment but then went through bankruptcy and switched to interest only. I managed to hang on to the house at the time. In the intervening years I have retrained and worked…
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Nationwide Helping Hand & Mortgage Broker Finder
My sister is thinking about applying for a Nationwide Helping Hand Mortgage, the online calculator shows that she could be loaned more. Does anyone have experience of Helping Hand? Is it best to apply direct or through a Broker? If she is declined, then I will apply for her for a standard mortgage, but my only income is…
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Overpaying mortgage calculator
I may have been searching wrong, but is there a calculator [pref excel] where I can get a month by month breakdown of my owings on my mortgage and put in lump sum overpayments to show what the new payment would be? I don't want to shorted the term as yet, and won't be able to afford to overpay for a while, but I'd like to…
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Two people with two properties
Good afternoon Everyone i was hoping to get some advice please i currently own a property with my previous partner and am trying to assess options. My current fixed term mortgage ends in 9 months. My new partner also owns a property herself and has 4 years left on her fixed term mortgage. Is there anyway in which she can…
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Severing a joint tenancy
My ex partner and I bought a house together. I paid the deposit and have always paid the mortgage myself. The bank won't allow me to take on the mortgage myself, even though I can afford it. Can I at the very least sever the joint tenancy will they be informed? Can they force me to sell and is there anyway to ringfence my…
