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Alliance and leicester move goalposts

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Comments

  • steve_cov
    steve_cov Posts: 287 Forumite
    That's right - I will amend the definition again!!
    Mortgage at outset (May 2004): £80,000
    Mortgage now (October 2007): £58,000
    Original mortgage-free date: May 2024
    Expected mortgage-free date: December 2014
    Projected interest saving: £21,100
  • masonic
    masonic Posts: 29,649 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I hope you don't think I'm being too pedantic, but my understanding of the ISA rules is that you could, for example, open an ISA in 2006/7 and fund it with £3000, then in 2007/8 transfer perhaps £1000 to a new provider, leaving the remaining £2000 where it was. Have I got this right, or must a partial transfer consist of one or more whole years subscriptions?
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