We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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!
Interest Only Repayment vehicle
Options
Comments
-
If you went through a product transfer mortgage review with Halifax they should ascertain how much you could reasonably afford to pay towards your mortgage each month and then look to transfer as much as you can afford onto repayment within that budget. Inheritance is not a suitable repayment vehicle as you don't know when you might get it.0
-
Also with inheritances, it might end up being a lot less than you thought, for example if the persons money was eaten up by care home fees.Early retired - 18th December 2014
If your dreams don't scare you, they're not big enough0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.3K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards