Archive for March, 2009
The Basics Of Remortgage
March 25th, 2009 | 
Author: 
Have you ever heard of a remortgage? You may have, but were unsure exactly what it was. The term remortgages sounds extravagant, but it really isnt. In fact, a remortgage is simply taking your mortgage and replacing it with a mortgage from a new lender. That sounds pretty easy, right? 
Lots of people mistakenly believe a remortgage is simply refinancing, but that is not the case. The difference is that remortgages are completely new loans from a new lender. They are not the same loan you have with new terms from your current lender.
Why Remortgage?
The idea of a remortgage sounds strange to some who wonder what benefit there would be in trading one loan from one lender for another. Generally, people who choose to remortgage do so because it benefits them financially.
If one bank has an extremely low interest rate you can qualify for, but you cant get that rate even with refinancing from your current lender, then it really does make sense to remortgage. You can lower your interest rate and your monthly payment.
That makes financial sense and is the main reason people choose to remortgage. And, with so many savings to be had, most people are able to pay off their loan significantly faster. This is very tempting and worthwhile and thats why people do it.
Posted in 
Car Tax
The cost of driving continuing to increase and driving your car or any vehicle is becoming more and more expensive for petrol, car tax and insurance.
There is little good news for a car owner as the government promotes more fuel efficient greener cars that produce less C02. What will you have to pay? Find your car tax online rates here. 
The UK Government has however, confirmed they would delay a planned 2 pence / litre increase in fuel duty – 2008 budget – postponed for 6 months? They also introduced more tax incentives to encourage people to buy greener, more efficient cars:
To further incentivise the use of cleaner cars, new tax rates will still be introduced:
From April 2009 the Vehicle Excise Duty (VED), will be overhauled to penalise those who drive inefficient cars. From April 2010, there will be a new “first year” tax rate for new cars, those emitting more than 160 g/km (C02 emissions) will be liable for increased payments. To put a new car emitting over 255g/km on the road it will cost £950.00, £455.00 of which will be the Vehicle Excise Duty (VED). Any car emitting under 130g/km of C02 (carbon dioxide) will be exempt tax for the first year.