Open Question: do i need to pay stamp duty on a remortgage of 119,999 if i am taking a person off the mortgage/deeds?
Open Question: If i rent my sole property do i need a buy to let mortgage?if not what is the best interest only mortgage?
im planning to live abroad for a while,hoping at least 1 year but want to know the best option for renting my flat in london.my current fixed rate mortgage ends at the end of june so i need some advice as i wanted an interest only no tie in's mortgage but most lenders require a saving vehicle on I.O which i cannot do as i will not be working while away.Brokers come back with interest only mortgages with 2500 fee's.
Open Question: i need to rent my flat and have it managed but rates are high at 12%+ in south london,any cheaper alternative?
im going abroad for at least a year so need to have my letting managed while im away but obviously doing it as cheap and professional as i can.with mortgage rates not going down i need to find cheap rental and managing rates so if anyone has any ideas....thx? Peckham, although 5 mins from Elephant & Castle tube station
Open Question: What is fully involved in building a house?
We are trying to decide what makes more sense, building or buying. We want to how does it work. Do we get a mortgage? Is it one loan to cover all costs? Is it less money? Is buying the land costly? Any information is appreciated. We need to know everything from the first step to the last.
Open Question: do i need to pay stamp duty on a remortgage of 119,999 if i am taking a person off the mortgage/deeds?
im looking to remortgage and borrow slightly more...my remortgage amout is £113,500 + £6,500 extra capital plus any mortgage fee's under £2,500 but i thought stamp duty was only payable on a property purchase and not remortgage?i am removing a name from the mortgage and deeds and wonder if that effects things?
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