How long does a remortgage take?
Q. We are currently going through a remortgage, first time we have done this since we bought our house. We have had everything accepted, survey completed etc. The solicitors have a copy of our buildings and contetnts insurance and I gave them the account details for our existing mortgage on Friday. How much longer will it roughly take before our current mortgage is cleard and we have the new mortgage and funds? Eager to start extending the bathroom! We are in Scotland, don't know if that makes a difference. SJ
Asked by SJC - Mon Aug 27 14:56:49 2007 - - 4 Answers - 0 Comments

A. Took me four or five weeks five years ago
Answered by baby_face_paris - Mon Aug 27 15:01:34 2007

How can i find best remortgage broker?
Q. How can i find best remortgage broker?
Asked by karen9usa - Mon Jul 17 10:10:56 2006 - - 3 Answers - 0 Comments

A. i have found this site verry good for remortgage info hope it will help you
Answered by loveinnydaren - Mon Jul 17 10:15:24 2006

If you quit claimed property during a divorce per the "deal" can I sue if they didn't remortgage?
Q. When my husband was going through a divorce he quit claimed his house to his ex's parents. The deal was they gave him $3,000 and would remortgage the house and obviously make the payments. He never received the $3,000. We found out that the house foreclosed while different family members were living there because of no payment. Now he has a foreclosure on his credit. Can we sue them or do anything to change this? The deal was signed in writing. Unfortunately, he was kicked out of the house and wasn't given most of his stuff, so he doesn't have it. The divorce agreement said to sell the house and divide it all by half, but obviously that never happened.
Asked by steph - Sun Dec 30 20:39:57 2007 - - 1 Answers - 0 Comments

A. Was "the deal" signed to in writing by all parties? Consult a lawyer.
Answered by bud68 - Sun Dec 30 20:43:04 2007

How can i find best remortgage broker in the uk?
Q. How can i find best remortgage broker in the uk?
Asked by artheck - Tue May 16 07:55:08 2006 - - 2 Answers - 1 Comments

A. try - this company heped me to find good remortgage deal
Answered by Artur P - Tue May 16 14:12:12 2006

Can I transfer my mortgage but leave my remortgage in place until the "tie-in" period for it ends?
Q. I remortgaged over half way into my mortgage "tie in" period and want to transfer my mortgagfe before the rate increases. Ta
Asked by Mairy Hinge - Fri Nov 24 12:22:47 2006 - - 2 Answers - 0 Comments

A. think the answer would be no, but if it were yes, you'd end up paying for two.
Answered by Helen C - Fri Nov 24 12:28:23 2006

When should my remortgage start?
Q. My current deal finishes on 31st May so to make sure that I don't have to pay any of the full rate does that mean that my re-mortgage shouldn't happen until 2nd June?
Asked by Mr G - Fri Apr 11 09:57:59 2008 - - 3 Answers - 0 Comments

A. It should start on the next working date after the 31st May, this may include a Saturday depending on the bank/mortgage lender, or it can start earlier than the 31st May unless you will have to pay an early repayment charge.
Answered by leambi - Fri Apr 11 10:27:30 2008

What do I need to consider when I remortgage my property this year?
Q. My two year 4.9% fixed rate deal with Halifax is up this year. This will be the first time I have remortgaged. What do I need to consider and what are the likely one off charges or expenses associated with a remortgage. Any advice gratefully received. Thanks. UK answers only.
Asked by qpr26 - Sun Feb 22 14:43:46 2009 - - 3 Answers - 0 Comments

A. If you want UK answers only, which is smart, go to the bottom of any page and you will see abbreviations for many countries. Click on the one marked UK.
Answered by Rusty - Mon Feb 23 09:50:23 2009

should i wait for interest rates to lower before getting a fixed remortgage?
Q. should i wait for interest rates to lower before getting a fixed remortgage?
Asked by pdmc - Tue Oct 21 13:44:59 2008 - - 1 Answers - 0 Comments

A. Definitely. They just raised the rates last week and the bailout hasn't loosened up the credit market enough yet to "trickle" down to the mortgage rates.
Answered by eskie lover - Tue Oct 21 13:59:31 2008

If i remortgage with a different lender, will my ex-partner have to agree to it?
Q. Im in the process of removing my ex partner from my mortgage and deeds, a solicitor is invloved however he isnt very helpful and my ex is not replying to any letters or phonecalls, ive got a joint mortgage with the halifax, if i remortgage with another lender will she have to be removed or will the application just go in my name? Thanks
Asked by bombhead - Mon Feb 8 13:59:52 2010 - - 1 Answers - 0 Comments

A. You can remortgage in your sole name without permission but you can't take her name off the deed without her permission. The bank may not allow you to borrow alone with her name still on the deed. Sometimes they want all the owners to be on the mortgage to make a foreclosure cleaner.
Answered by Politically Correct - Mon Feb 8 16:15:50 2010

REMORTGAGE RATES ,where can i find low REMORTGAGE RATES ?
Q. Remortgage rates ,where can i find low remortgage rates ?
Asked by Rudolph Phillip - Wed Aug 5 09:08:34 2009 - - 1 Answers - 0 Comments

A. no such thing as "remortgage rates" they are "mortgage rates" you can refinance a mortgage, but it is still just a mortgage and mortgage rates are mortgage rates
Answered by Doctor Deth - Wed Aug 5 12:28:10 2009

I am looking to remortgage my house in may?
Q. My house value is 104,000 and I am looking for a loan of 80,000. Can anyone please advice on good deals, and please give me any useful information especially with regards to the effects of the credit crunch and things I need to watch out for. I am interested in a fixed rate remortgage but also open to options. Thank you I live in the UK
Asked by sure - Wed Feb 17 12:59:26 2010 - - 2 Answers - 0 Comments

will I have to get my house valued to remortgage with the same lender?
Q. my fixed deal has now run it's course. I am more than happy at the moment to be on the variable rate as this has put my monthly repayment's down but I am aware this will not last for ever. if I stay with the same lender and enter into a new deal what are the costs likely to be and will I have to have my house re valued.
Asked by heidi - Fri Jul 23 12:19:31 2010 - - 2 Answers - 0 Comments

Can I remortgage my house to the max with ease?
Q. My house is worth approx 125,000 I have approx 40,000 left to pay on the mortgage. But can I remortgage to the full 125k giving me 85k cash purely based on the equity left in the house or will I still have to prove my income etc and produce bank statements and wage slips? I'm thinking of buying another property outright with it.
Asked by christoria - Mon Oct 1 15:54:31 2007 - - 1 Answers - 0 Comments

A. You need to talk to the bank currently holding your mortgage. Tell them what you want to do. They will explain your options, and the expenses involved, etc. You may get a better rate on a new mortgage than borrowing your equity. My bank is offering lower new mortgage rates than home equity loan rates. Call them and ask. Could check out their website first.
Answered by ohio gal - Mon Oct 1 16:06:27 2007

can i remortgage my existing property as a buy to let?
Q. we would like to know if we can remortgage our existing home to buy to let (as we would like to rent it out) and then buy another home and get a mortgage on this new property?
Asked by red_machenka - Tue May 29 05:59:59 2007 - - 1 Answers - 0 Comments

A. It shouldnt be a problem providing you get enough of a rental income to cover the mortgage on the buy to let. It used to be 125% of the rentable income but I think that has come down in recent months. Providing you have a fair amount of equity in the property it shouldnt be a problem as you won't need to a huge remortgage, if you only have a small amount of equity you may struggle. Obviously your income will be significant in getting a 2nd mortgage etc so I would advise that you see a mortgage broker to see where you stand and then decide from there. Good luck!
Answered by Wonderwoman - Tue May 29 06:12:00 2007

How can i remortgage my house to create more equity?
Q. I am looking for more equity to back up my pension
Asked by michaelchurcheaton - Mon Oct 9 06:26:25 2006 - - 4 Answers - 0 Comments

A. Equity in your house is its value less any outstanding mortgage. To increase your equity, you must reduce your mortgage borrowing by paying more off the balance. You can use the value of your property as savings for pension so long as you realise that the only way to release the equity is to sell your house. Downsizing is a tax free way to fund retirement.
Answered by myownprivateroad - Mon Oct 9 06:39:37 2006

Is it a good idea to remortgage house to consolidate debt?
Q. My husband and I are looking into refinancing to consolidate our debts, it'll pay our credit cards, car payment etc...the lower monthly payment sounds great but I'm afraid it'll be more trouble than it's worth. Does anyone have any tips, suggestions, questions we should make sure we know before we say yes?
Asked by mandy608 - Wed Oct 25 17:42:19 2006 - - 5 Answers - 0 Comments

A. It can be very beneficial - if you stop collecting more debt! Be sure to use a reputible loan officer. There are laws out there to protect you. If you have enough equity in your house and your credit is good enough where you can get enough money out of your house to make it all make sense, you should do it. Make sure you're not paying the same amount of money that you're getting back because that would not make sense. Be clear if you want your mortgage company to pay the bills directly for you or if you would like to get the cash and pay them yourself. Also, I suggest that if you do this, you should get some extra cash out for a cushion if something happens.
Answered by melspur82 - Wed Oct 25 17:57:24 2006

How do I remortgage my house for money needed?
Q. Can i sell half of my house back to the mortgage company and begin to start a mortgage again. However i have calculated the amount of money i am going to earn for the remaining years whilst working and i wont be able to complete the whole mortgage before i retire. I would be 20% short, aprox. So will mortgage companies be willing to accept mortgage and agree certain percentage they own once i retire?
Asked by Robbb - Mon Oct 19 03:49:08 2009 - - 5 Answers - 0 Comments

A. A remortgage is when you replace your existing mortgage loan with a new one from either the same lender or a new lender. This is usually done to reduce monthly payments or to release equity. Remortgaging is usually carried out through a remortgage broker to find the best rates. One of the most common reasons to re-mortgage is to get lower monthly payments than you do now. If you are struggling to pay off your monthly payments, then you need to look for a better deal, as soon as you can. If you can find one, then ask your current mortgage lender if they can match this, if they would prefer to keep you as a customer at a lower rate than lose you altogether. If they cannot match the rate, then you should look at remortgaging. A reverse… [cont.]
Answered by AnswerQueen - Mon Oct 19 06:47:07 2009

Where is a good place to get remortgage advice in the UK?
Q. Where is a good place to get remortgage advice in the UK? There are so many so-called experts thatI do not know where to go.
Asked by Scott W - Tue Jan 20 23:04:10 2009 - - 1 Answers - 0 Comments

My married son with 3 children is short of money - just with rising everything in uk - should I remortgage ?
Q. He works very hard and my daughter in law works part-time but I know they find it difficult to keep up with rising prices e.g having to buy three school uniforms - I'm not sure what to do as I have another two grown-up children.
Asked by Maryhill - Mon Aug 27 11:06:34 2007 - - 12 Answers - 0 Comments

A. remortgage defo not we all are finding it hard to keep up with the cost of everything you can help him with little things like buying some clothes for the children or some shoes but to give them loads of cash will not get them to sort out there own mess it will just make them think "" oh mum will sort it out for us "" and if you do remortgage you will be worse of than you are now
Answered by brian s - Mon Aug 27 16:21:39 2007

What would the likely interest be on a 45,000 remortgage.?
Q. My current mortgage has 10 years to run at 6.5 interest. I owe 21,000 and would like to remortgage. I have a bit of debt but equity of about 60,000 - what would be the cheapest way of remortagaging?
Asked by Camilla the First - Sun Jul 16 12:04:09 2006 - - 3 Answers - 0 Comments

A. Likely interest would be 450 per year for every 1% interest. ie. 6.5% interest would be about 2925 per year or 243.75 per month. However 6.5% seems a lot to pay. Try the Nationwide discounted mortgage I pay about 0.1% below base rate. This is discounted for two years, then remortgage again. Hope this is some help.
Answered by jack the lad - Sun Jul 16 13:08:40 2006