Best-Remortgage.org.uk

GAHANU LAMAI – 82 = 1

I have a 3 year fixed term mortgage with the Cooperative Bank, who have always been very helpful. They have just written to me to say it ends in 3 months, although the end of the fixed term is 10 months away. When I called they said they have withdrawn the product, so I can either remortgage or go onto the variable rate. Both the variable rate and the remortgaging rates are more favourable for me, so that’s a good thing, but I don’t understand why they would just withdraw a product before the end of its fixed term. I’m worried that they could do it again and the rates wouldn’t be as favourable. What’s the point of getting a fixed term mortgage if they can just end it at any time? Thanks.xx

Hada Weman – Chalani

my ex wife and her husband have been made a offer from a remortgage company they applied to so the can make some home improvements and pay me off too from my share of our marital home, she has been pushing me to compleate my form which i have been doing a quick as i can but the last part has been delayed as my young daughter has been very sick in hospital and well naturally my prioritys lie with her not for filling any how i recieved a email from my ex wife telling me that the mortgage company have only given them 90 days to compleate befor they withdraw then i wont get my money at all, she is just being pushy to try and get me to compleate quicker, but does anyone know if there is a time period after which a mortgage company will withdraw there offer
i am hoping to do it asap but my daughter had suspected leukmia or meningitis and was very sick and now we are of course at the weekend when i cant get to the solicitors to do it as they are closed, it also doesnt help that my solicitor is on maternity leave and is only covered by a part time locum

Hi – Please can you help?

My wife and i currently own our own house in the UK. We are going to remortgage our house in order to buy a property nearby outright for investment (through a private sale). We intend to rent this second property in order to pay for the re-mortgage.

What is the best way in terms of tax efficiency to go about the transaction. I am a higher rate tax payer and my wife works part time so is well under the threshhold and so pays basic rate tax.

I have been told to buy the house under my wifes name and to receive the income for her so basically this would become an investment for her.

1 – Can the house be jointly owned and she still receives the rental income?
2 – Is any of the above legal and is this the best way to do this.
3 – In addition, if we were to decide to buy another in say 10 years, what can we do then?

Theres probably lots of people that do this but as we’re new to the game, we’re a bit unsure as to how it works. For example i know people who have 3 or 4 properties rented out.

Thanks in advance for your advice.

i am currently renting a room in a 2 bedroom flat in SW london, Chelsea to be exact. the first tenancy agreement for 6 months was fulfilled and although there were minor disagreements, they were immediately resolved. i stayed on for another 2 months until 8th feb 09 (verbal agreement only). however, i am now back in asia to fix my visa and still have no word about it. yet, i am still paying for the room (most of my stuff is still there) as I dont want to lose my slot.

the so-called landlord (the flat is re-mortgaged to him) is living there with his family and is renting out the other room as well- 2 rooms as illegals. he emailed me about the increase in council tax (but I just checked and the council is giving 50 pounds off to help in the recession) and increase rent by 30% (500 to 650 monthly). i don’t agree with the rules either (too much restrictions like not to register the address for mailing stuff and no posters in the room). and is pressuring me to sign a 6 month contract (which I cant guarantee since I dont have my visa yet and might relocate anywhere in the Uk for work) and pay him right away. I believe that he is ripping me off and being unreasonable with the current economic situation. I will try reasoning with him (but I want an amicable settlement for references and he might trash my stuff or sell them so that he can pay the mortgage). I believe he is being unfair. If reasoning with him doesn’t work, is it there any way that I can settle this matter? I am not in the UK right now. help please!
thank you.

Mortgage Strategy

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Source:remortgage – Google News

Mortgage News

NatWest Intermediary Solutions revamps range Mortgage Strategy NatWest Intermediary Solutions has refreshed the rates on a number of its mortgage and remortgage products for both its core and corporate ranges. … Natwest Stop First Time Interest Only MortgagesMortgage News NatWest drops interest-only for first-time buyersMoney Marketing NatWest aligns remortgage and purchase ratesFT Adviser all 6 news articles »

Source:remortgage – Google News

WAHINNA MUTHU WASSAK – 10 = 1

Does anyone know how to remove a name from a joint mortgage? but without being able to buy-out/remortgage as the sole mortgage owner? (due to bad credit).The mortgage will be (and always has been) paid by the one person but I just need to remove the name so they cant claim in the future (for what they’ve not paid for). I’ve looked into the quit claim deeds to remove the name but i’m getting confused if this is sufficient?

Any help / advide would be much appreciated.