In most cases tje lenders allow you a specific pre-payment amount. Paying early a mortgage is the same as breaking the mortgage and transfering to another lender. The only difference, you would pay an extra amount for getting the discharge documents. (You should register the discharge at the land registry office to make sure there are no liens and encumbrances on the property)

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I know about the interest on everything whilst we are on a break but my question is regarding a remortgage. especially if we move to a new bank for it, will they hurt us because of the break?

In UK, If a mortgage payment holiday is within the terms and conditions of your account and all your other finances are OK, then any new mortgage should not be affected,

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Can your landlord can't evict you if you get fired? Of course not, as long as you pay the rent. They are totally separate things that have nothing to do with each other. If you don't uphold your part you can be evicted. The lease says nothing about his mortgage.

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My mortgage is $1550 per month and taxes are $6500 per year. i rent the house out for $1375 per month at a loss every month. but... if i file taxes reporting the rental home as an active income generator (at a loss) i can only deduct "x" dollars for my loss (this of course would include maintenance fees, home owners insurance, hoa dues, etc.). if i just deduct the mortgage interest and taxes i get a bigger deduction. is it ok for me just to deduct my interest and real estate taxes and get the bigger deduction? or do i have to report it as an income generating venture even though i take money out of my pocket every month just to hold on to the house? how would the irs look at it? the way i see it i get penalized for owning my home and renting it out. i guess i would have to be losing alot more money every month to make it work in my favor... any experts out there? thanks.

No, you have to report the rent as income. The taxes and interest are both deductible and don't forget you can take a depreciation deduction for the house. That will be worth several thousand dollars. Since this is new to you it would be worth getting professional help on your return.

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Damn, i am so tired of getting screwed over by this government. i am sick of getting penalized for doing what is right and not going crazy with my credit cards, mortgages etc. when do us normal law abding folks catch a freaking break.

I'm thinking about Australia, how about you?

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After separating and before divorcing, my now ex-husband agreed through the court system to pay full rent to live at our house while i moved back home with my parents. that was fine with me b/c i couldn't afford the note at the time and he could but he carelessly let the house slip into foreclosure b/c he got behind on the payments. skipping ahead to the present, nobody lives there now and it's been on the market but hasn't been able to sell. it's going to auction in 2 1/2 weeks with both of our names on the title but only mine on the mortgage so only i will be penalized if it auctions. our last ditch effort is selling the house as is for the base price with no profit (which is fine by me) and we've started the process and will be able to meet the deadlines except now our only problem is getting him to sign the contract as well. he is very spiteful and we think he won't do it. any suggestions? i was thinking maybe a pay-off for him to do it but i am already broke as it is. please help me with my bleak-looking future.

All you can do is ask. You don't have time to seek legal action at this point. Unless your divorce decree stipulates that he is to refinance the home in his name, you'll have to be the one to take the hit if he doesn't sign the deed over. You may have some recourse after the fact if it does stipulate he'll refinance. You could at least put a copy of that ruling on file with the credit agencies. Unfortunately, you may just have to write this one off as one of those expensive life lessons learned the hard way.