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First Active
Our mortgage application is going through with them at the moment and its virtually impossible to contact them for an update. I have tried emailing and no response, phone constantly engaged or you are on hold listening to dreadful music for over half an hour and then you get cut off. Has anyone else experienced the same?
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Decreasing Term Assurance (DTA)
Hi, Just read through loads of these threads, with some specific to DTA. An offer has been received from the FSCS, however a substantial chunk has been subtracted for DTA. I understand the need for DTA on a repayment mortgage is to cover the principle loan on death so that dependents have the ability to repay. In this…
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Shared Ownership Remortgage/Add Borrowing?
<DIV id=message>Hi, I am looking for some advice on shared ownership remortgage. Our 2yr fix ended 3rd April and in two years we have reduced our mortgage by £35k (inheritance and repayments on a 2yr fix @ 4.69%). We just had the property valued, purely out of interest and the full 100% value has increased by £5,500.00 (we…
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Mortgage Trust
Used to have my mortgage with the above named, have recently transferred to Woolwich. The mortgage had a current account facility annexed to it. When everything went through MT informed me that they were legally entitled to hold onto my savings for a maximum of 10 working days to cover any outgoings. That 10 days expired…
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Redemption figures
Our mortage is due for payment on 28th April, if we get redemption figure for 28th and remortgage with another company completed on 28th do we also have to pay april payment? I am confused :confused: I thought the figure would include payments owed up to and including 28th april but when I phoned current mortgage provider…
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Message for a Broker - Credit Report sent to Mortgage Company
Hi, i was wondering if a broker could answer this question... My partner and I have just been declined a mortgage by the Post Oice (Bristol and West). At first they advised that the decision had gone to the underwriters and asked that I send them a faxed copy of my Equifax report. I did this and sent them each of our…
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End of fixed rate queries
Hello My 5 year fixed rate repayment mortgage, (25 year) with Halifax ends this September so I am currently looking into what to do next. Could someone put me straight on the following: If I continue on my current mortgage, obviously I will go onto the standard rate in September and the payments per month will be…
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NORTHERN ROCK fixed rate ending AUg08
Help! I currently pay a mortgage of 1060pounds a month repayment on a 167000 mortgage with NR and my mortgage comes to an end in Aug, I contacted a mortgage advisor who said in FEB we could possibly get another mortgage interest only with Cheltenham and Gloucester for arrange fee of 999pounds and advisor fee of…
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Bank Statements needed....
Need 3 months bank statements for mortgage broker, but missing 1 month - will downloaded and printed copies from my online banking screen do?
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Fixed or SVR?
I owe £25k on my mortgage and want to pay it off in about 2 years time. My bank's SVR is 7.24% right now which I'll be going on in the next couple of months when my fixed deal ends. The bank will offer me a new fixed deal for 2 years at 6.09% but they want £500 as an arrangement fee. So here's the predicament. I personally…
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Might lose the house, cos the Halifax keep shifting the goalposts! Help!
Hi folks, Last time I posted here, I looked on some of the posters that were having real wrangles with mortgage lenders, and thought "but for the grace of god there go I". So what subsequently happens? I am now in the !!!! with the Halifax. Cheers, god. The situation is this. I bought a £165,000 house with my…
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Am I a first time buyer?
Does anyone know the official definition of First Time Buyer? We have sold our house and are living in rented accomodation. We'll be looking for a mortgage soon with a >60% deposit. Are we first time buyers? we'll be the first ones in the chain as we have nothing to sell so AFAIK that means we are first time buyers…
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Help please - broker said to renew ourselves as couldn't help!
Hi All, Just wondering if I could pick the brains of you educated lot out there please?! Been to see our financial advisor today about the deals out there but he said that he couldn't deal with a lot of the best deals and to get out there and see what was about - I thought I would chat to everyone else first! Currently on…
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bad credit and mortgages
My wife has a bad credit history. She earns little more than the minimum wage, has changed jobs 4 times plus had a period of unemployment during the last year. she now informs me that she has raised an extra £28,000 on her existing mortgage of £13,000 (approx) to buy me out of our home. Is this likely? By the way she is 51…
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life insurance and death!
Just a quick question about life insurance My partner and I are about to buy a house tennants in common. He has enough cover from work to pay off his half if he was to die. I haven't checked what my work offers yet, but, say if I was to die, would my debt be passed to my parents as my NOK? We have no children so this would…
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Bad credit mortgages!
Hi - my boyfriend and I are both in permanant teaching jobs. But we both have an adverse credit history. I had a CCJ for 300 pounds satisfied 5 years ago. I also had unpaid account which has now been settled with the abbey national. my boyfriend has poor credit history as he had missed payments with a phone company 4 years…
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Natwest One account?
Hi all - having a chillin Sunday? Just been looking at the Natwest One account - looks ideal, but is it too good to be true? What are the drawbacks? :o
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Mortgaging immediately after cash purchase
I'm sure there is a very obvious answer to this question but I am a bit of a mortgaging novice............ I am in the process of buying a house (exchanged a few days ago), for the sake of a quick sale and to put ourselves in a better bargaining position it's going to be a cash purchase. We intend to make some improvements…
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will i be stitched up by Royal London
Our endowment was taken out in 1990, on a mortgage of £36,550. A few years back we changed to a repayment and kept the endowment for a little profit because yes we were told we would get a huge return of over £130,000 anyhow.. Our concern is our annual statements which state ' they may also pay a final bonus at maturity…
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So you're taking out a new mortgage today...
... £150k for 25 years (for argument's sake). What sort of mortgage do you go for ? Come on board experts, amateur or otherwise, let's see if we have a consensus or not. I'd go for a 5 year+ tracker right now, one that would let me switch FOC to a fix if and when rates come down. Over to you guys...