We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Re Mortgage

I have remortgaged and have used part of my reserve 40k my morgage will be finish in 2008 i am trying to pay off my reserve but it is proving difficult as I have gone self employed in Jan 05, I am worried that I will not have paid off my reserve by the time my morgage ends in 2008.

Comments

  • payless
    payless Posts: 6,957 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    A but more info needed :-
    which lender are you with
    was reserve set up on an interest only basis
    Was time definately not extended with the reserve drawdown
    how old are you
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 347.7K Banking & Borrowing
  • 251.8K Reduce Debt & Boost Income
  • 452.1K Spending & Discounts
  • 240K Work, Benefits & Business
  • 616.1K Mortgages, Homes & Bills
  • 175.3K Life & Family
  • 253.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.