Originally posted by kaiser78
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Mortgages - Yawn.
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Not that most of you will be the slightest bit interested, but just in case I thought I'd add that the nice people from the Woolwich have offered me a mortgage. It's very good of them to let me get in debt. In fact they seemed to be the only ones that would without three years worth of accounts. All they have asked for is the current contract, bank statements for the last three months and my cv (which seemed a bit odd, but perhaps they need a front end developer).Comment
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Just a though with the Woolwich. Recently they had some very good offset and tracker deals but based on a minimum loan of 200k. Don't know if they'll still allow it but it used to be possible to borrow 200k at the reduced differential then pay off 60k or whatever to get the borrowing you really required and maintain the lower differential.....Comment
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Originally posted by The_Equalizer View PostNot that most of you will be the slightest bit interested, but just in case I thought I'd add that the nice people from the Woolwich have offered me a mortgage. It's very good of them to let me get in debt. In fact they seemed to be the only ones that would without three years worth of accounts. All they have asked for is the current contract, bank statements for the last three months and my cv (which seemed a bit odd, but perhaps they need a front end developer).
LTV %age if you don't mind me asking?"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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Originally posted by Moscow Mule View PostDid you use a broker or go direct?
LTV %age if you don't mind me asking?
If I get the house I'm going fixed for three years with an eye on rates being ramped up due to increasing inflation.Comment
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I think contractormoney are offering reasonably high LTV's on a woolwich offset. Their interest rate is slightly high for me mind...Older and ...well, just older!!Comment
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Originally posted by ratewhore View PostI think contractormoney are offering reasonably high LTV's on a woolwich offset. Their interest rate is slightly high for me mind..."See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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Originally posted by oracleslave View PostThat thread refers to using ContractorMoney who I have used in the past. Have you tried them?
First Direct and Woolwich bothtold me to get stuffed, but Contractor Money could arrange a mortage with either of them (based on multiples of rate on current contract) for me, but yes the rate was very slightly higher than the deal if you went direct, but they wouldn't touch me direct, so it was worth the hit.Comment
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Originally posted by FarmerPalmer View PostAnother vote for ContractorMoney.
First Direct and Woolwich bothtold me to get stuffed, but Contractor Money could arrange a mortage with either of them (based on multiples of rate on current contract) for me, but yes the rate was very slightly higher than the deal if you went direct, but they wouldn't touch me direct, so it was worth the hit.
Contractors have to go direct now if they want a mortgage with them. They typically ask for 2-3 years accounts.Comment
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Frankly I recommend going perm for one month, applying for a mortgage and then quitting.
Worked for me.What happens in General, stays in General.You know what they say about assumptions!Comment
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