Interest only at low rate, or Repayment at high rate?

Joe_Bloggs

@Thrugelmir
What happened to the Mortgage Adviser Tag ? I am normally out of touch with reality but clearly this is not an oversight. Did I miss reading the relevant thread ?

J_B.

Thrugelmir

Joe_Bloggs wrote: »

@Thrugelmir
What happened to the Mortgage Adviser Tag ?

What tag JB?

Joe_Bloggs

@Thrugelmir.
Rightly, it is your choice not to pigeon hole yourself.

@gregch. you posts a problem that falls across, mortgages, savings, investments , pensions, taxation etc. There is no one answer other than to continue to research your options.

Budgeting is the key. Having liquid savings in reserve can help with poor budgeting and unexpected events. These savings are not going to make the best returns. Stress test your finances to see what you can cut back on if rates did rise.
J_B.

Thrugelmir

Joe_Bloggs wrote: »

@Thrugelmir.
Rightly, it is your choice not to pigeon hole yourself.

Ah. I wondered if that was what you are inferring.

My answer in that case is never to assume and jump to conclusions. As I have nothing to hide at all. I merely give a few minutes of my time during day when I am able. To give my observations. In the hope that I can assist somebody in even if its in just the smallest way.