Advice please as I'm hitting a brick wall trying to get answers. Because of my age and income, I am having problems remortgaging my bungalow. My son lives with me permanently and will continue to do so. It has been suggested that I put his name on the remortgage, which would then be for about £150,000 if his earnings are taken into account. The bungalow is worth around £600,000. Do I have to transfer equity to him and, if so, does this involve a solicitor, and will either of us have to pay Stamp Duty? I think we will also have to register as tenants in common? I have tried phoning the HMRC helpline but this is always busy and I am cut off. Any advice from Gransnetters in the know would be much appreciated.
Angela Rayner lashes out and calls Sunak “pint sized loser”.