We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Morgan Stanley - Advantage Flexishare mortgage.....

spurs_nut
spurs_nut Posts: 329 Forumite
in Debate House Prices & the Economy
Anyone heard of um?????

Comments

  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    It's where you share any gains from an appreciation in the value of your home with the mortgage provider.

    Are they still offering this? It's no good to MS if there are no gains to be made!!!
  • spurs_nut
    spurs_nut Posts: 329 Forumite
    Generali wrote: »
    It's where you share any gains from an appreciation in the value of your home with the mortgage provider.

    Are they still offering this? It's no good to MS if there are no gains to be made!!!

    Exactly!

    It just so happens that "they" share any loss in negative equity when you come to remortgage. :p:p:p :rolleyes:
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    spurs_nut wrote: »
    Exactly!

    It just so happens that "they" share any loss in negative equity when you come to remortgage. :p:p:p :rolleyes:

    Do they still offer it? I can't see anything on their website.
  • spurs_nut
    spurs_nut Posts: 329 Forumite
    Generali wrote: »
    Do they still offer it? I can't see anything on their website.


    No, they ceased new trading in feb 2008. However, I still have a mortgage with them.

    Could I be in a situation where I will benefit from a serious house price crash???
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245K Work, Benefits & Business
  • 600.6K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture