Overpaying mortgage Vs investing?

VoucherMan

atush wrote: »

he needs to fix or switch at 4%. but he doesn't say the term and outstanding amt and LTV so we can't say for sure.

I've still got 18 years left of a 25 year term.

The other two are answered in post 13;)
LTV somewhere between 60-75%

Outstanding - updating next week - should be just below £46,000

racing_blue

Thrugelmir wrote: »

There's no downside in securing ones own future. Before taking affordable risks. Everybody wants jam today. Whereas better returns are more often made by those who play a more prudent game.

My view is the opposite

The downside in not taking affordable risks is in the form of opportunities lost.

Not everybody wants jam today at the expense of tomorrow. A understanding of deferred gratification is common.

And how often, exactly, are better returns made by playing a prudent game? 1%, 10%, 100% of the time? How prudent? The most prudent course might to save up a lot of cash over many years, perhaps in an NS&I account, and finally to buy a modest flat or house clear and free in middle life. Would that represent the best return?

Marazan

VoucherMan wrote: »

Possibly I misread or misunderstood. It was about a year ago I last looked at charges and a figure of £10 or £12 a transaction comes to mind. On a regular £250 a month deposit it was a bit off-putting.

Charles Stanley Direct charge that on share dealing. For funds they charge £0 to buy/sell but a 0.25% per annum custody fee. This is their post RDR-position. At the moment, for a funds only investor they are the cheapest broker around for anyone drip feeding in money and has a total portfolio under about £20,000

jimjames

Marazan wrote: »

Charles Stanley Direct charge that on share dealing. For funds they charge £0 to buy/sell but a 0.25% per annum custody fee. This is their post RDR-position. At the moment, for a funds only investor they are the cheapest broker around for anyone drip feeding in money and has a total portfolio under about £20,000

At 0.25% they are exactly the same as Cavendish but Cavendish don't cover shares just funds.

atush

Possibly I misread or misunderstood. It was about a year ago I last looked at charges and a figure of £10 or £12 a transaction comes to mind. On a regular £250 a month deposit it was a bit off-putting.

Those sound like single share dealing fees? Maybe you should check with them again about fees for investing in funds instead?