Mortgages- Can I salary a remortgage that my retired mother get on her house on her behalf?
I would also like to know if the fact that she is retired would affect if she could procure a remortgage that me and brother could pay for on her behalf.
I live in London, United Kingdom.
Any answers are greatly appreciated
Answers:
Would it not be better to speak to a mortgager? They will explain to you exactly what their requirements are. There is no reason you cannot do that, but there might be (donations) rates implications, and the bank will categorically put things in place to make sure SOMEBODY pays the loan. E.g. if your mother is 105, and take out a 20 year loan).
Related Questions:
How do i remortgage on my own?
have a joint mortgage beside ex partner - fixed rate till sept - tied in with 171,000. Would similar to to remortgage in my name solitary if possible. employed as a home carer. Ex partner happy to come of mortgage as wishes to emigrate...
I live in London, United Kingdom.
Any answers are greatly appreciated
Answers:
Would it not be better to speak to a mortgager? They will explain to you exactly what their requirements are. There is no reason you cannot do that, but there might be (donations) rates implications, and the bank will categorically put things in place to make sure SOMEBODY pays the loan. E.g. if your mother is 105, and take out a 20 year loan).
Related Questions:
How do i remortgage on my own?
have a joint mortgage beside ex partner - fixed rate till sept - tied in with 171,000. Would similar to to remortgage in my name solitary if possible. employed as a home carer. Ex partner happy to come of mortgage as wishes to emigrate...