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Advice please.
arathorn
Posts: 79 Forumite
I have a mortgage with 14 years to run. currently paying .70% above bank of england rate due to change in oct 2008 to .55% above bank of england rate for a further 2 years. I owe £26K and am due a work related bonus in august of about £1K, should I pay it off the mortgage? thanks in advance. Mark.
Better to remain a silent fool than speak and remove all doubt.
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Comments
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Check to see if there are any penaties to pay if any of the mortgage is repaid and also see if payments can be made at all.
JoeKI am an Independent Financial Adviser.Anything posted on this forum is for discussion purposes only. It should not be considered financial advice. Different people have different needs and what is right for one person may be different for another. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser who can advise you after finding out more about your situation.0
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