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remortgage
suepaul
Posts: 2 Newbie
i am needing to remortgae my house to consolidate loans and help my daughter out
what kind of remortgage
i wonder if i should pay interest only and let the mortgage amount eventually come out of my estate?/
thoughts and comments would be appreciated
what kind of remortgage
i wonder if i should pay interest only and let the mortgage amount eventually come out of my estate?/
thoughts and comments would be appreciated
0
Comments
-
Hi,
Depending on the size of the gift there may be tax implications, also remember that you will have to keep paying the mortgage during your retirement. Will it be affordable?I am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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