Pay school fees in advance or invest money??!

kkgree1

I work in the independent sector and we offer similar discounts for paying fees in advance.

I wanted to add the same note of caution that if the school closes you are likely to lose any advance payments. In my area two large independent schools have closed in the last year - Walden School and Alexanders, not far from you in Suffolk. We know of some international parents who lost a year's fees which is not a small amount of money to lose!

Malthusian

TrickyDicky101 wrote: »

I'm intrigued why you would remortgage releasing £88k cash with no plan in place as to what you would do with the money? What's the rationale behind it?

Offset tracker mortgage with a dirt cheap interest rate of base rate + peanuts maybe?

TrickyDicky101

Malthusian wrote: »

Offset tracker mortgage with a dirt cheap interest rate of base rate + peanuts maybe?

An entirely reasonable possibility