We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
Advice please re mortgage
Options

boydE
Posts: 376 Forumite
This is the jist of my fianance
CC £18000 DEBT
SHARES £15000 can pay out intrest free
LOAN £850, OFFSET OF £1500, so up £650
MORTGAGE £17000, £150pm
PAYE £10-12000, NOT RELEASED.
What would you do in those circumstances, been advised but dont want to.
£18k + £17k, get offset mortgage for £35k, paid off CC, still have £15k shares but my mortgage payment will go from £150 to £360pm + 3 yrs more.
CC £18000 DEBT
SHARES £15000 can pay out intrest free
LOAN £850, OFFSET OF £1500, so up £650
MORTGAGE £17000, £150pm
PAYE £10-12000, NOT RELEASED.
What would you do in those circumstances, been advised but dont want to.
£18k + £17k, get offset mortgage for £35k, paid off CC, still have £15k shares but my mortgage payment will go from £150 to £360pm + 3 yrs more.
0
Comments
-
is your debt made up of bank charges ?ONLY COPY WHAT I AM DOING IF YOU ARE 100% SURE AND YOU KNOW EXACTLY WHAT THE END RESULT MAY BE. ALWAYS CONSULT A PROFESSIONAL BEFORE FOLLOWING MY ADVICE. I AM NOT LEGALLY TRAINED . IF WHAT I AM DOING HELPS YOU IN ANY WAY CLICK THE THANKS BUTTON0
-
no bank charges at all, sorry, forgot to mention CC is 0%0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards