Interest Only Morgages

GMS

Maybe 0.79% above base?

Either way they are being very evasive with information.

Simonsays_2

Thanks for all the replies I have had. It would seem that the best thing for me to do is to save some as much as I can in elsewhwere in the hope that this will enable me to pay off some if not all the mortgage in the future.

shortchanged_2

poppy10 wrote: »

Didn't you pay off your mortgage in 2009?

That £1 has certainly attracted a lot of interest over the past couple of years. :eek: :rotfl:

Simonsays_2

Sorry I don't understand, what do you mean?

Thrugelmir

Simonsays wrote: »

Sorry I don't understand, what do you mean?

There's a link to a post you made in 2009 in which you said:-

I am about to pay off my mortgage in full & my mortgage company has suggested I leave it open with a £1 balance. This will give the opportunity of borrowing back the amount I have paid over the length of my morgage approx 21 years.

Simonsays_2

Wow, you are good at this.
This is on something different and unrelated!

shortchanged_2

Simonsays wrote: »

Wow, you are good at this.
This is on something different and unrelated!

Well if that's the case your financial situation has really taken a trip down the swanny.