Guide to Remortgages

Written by John Mussi


Here is a useful guide to remortgages. What is a remortgage? A remortgage is whenrepparttar terms ofrepparttar 138650 original mortgage are renegotiated, and usually means thatrepparttar 138651 borrower increasesrepparttar 138652 amount that they are borrowing, which is often possible due to a rise inrepparttar 138653 value ofrepparttar 138654 property.

A remortgage is simplyrepparttar 138655 act of paying off your current mortgage and taking out a new one. Many people do not realise that they are able to do this and so are losing out on low interest rates. By remortgaging your home, you could save significant amounts on your monthly payments.

Remortgaging is changing mortgages without moving home. It isrepparttar 138656 process of changing your mortgage for a better rate, or to release some ofrepparttar 138657 equity in your home, or to consolidate your debts. Getting a remortgage involves ending your current mortgage scheme and moving to a new one.

A remortgage isrepparttar 138658 process by which you change from your current mortgage to a new mortgage. A remortgage generally involves changing mortgage lenders because most lenders do not generally offer remortgage schemes to existing customers.

The remortgage usually will involve a fresh survey ofrepparttar 138659 property taking place, and an updated valuation ofrepparttar 138660 property, which will take into account any changes in value due to home improvements, or due to fluctuations inrepparttar 138661 local or national property market.

A remortgage can be used forrepparttar 138662 purpose of gaining lower interest rates on your mortgage or raising finance through releasing equity.

7 Wonders of the Offshore World

Written by Rhiannon Williamson


Many people assume thatrepparttar offshore world is accessible only torepparttar 138649 super rich looking to increase their wealth, or to large multi national corporations looking to escape taxation.

Butrepparttar 138650 truth ofrepparttar 138651 matter is thatrepparttar 138652 offshore world is accessible to everyone!

Placing money or assets offshore is a legal and often worthwhile undertaking and it is something that anyone living in, for example,repparttar 138653 UK, Europe, Canada, Australia or America can do easily and with potentially great effect.

Before I continue it is imperative to point out thatrepparttar 138654 suitability of enteringrepparttar 138655 offshore world for saving, banking, asset protection or any other reason can only be determined on a case by case basis. While ‘going offshore’ might berepparttar 138656 most effective way for one person to operate, it might be totally unsuitable forrepparttar 138657 next person because of their personal circumstances. It is essential that anyone considering going offshore seeksrepparttar 138658 advice of a professional financial adviser. This article does not constitute advice.

The potential benefits of saving money offshore, investing offshore or placing assets offshore are manifold, here are just 7 ways that you might be able to take advantage of all that’s on offer…

1) If you’re an expatriate living, working and paying taxes overseas, chances are you can secure your savings in a low to no tax offshore jurisdiction where they will grow tax free. Withoutrepparttar 138659 burden of taxation, savings will benefit from compound growth.

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