Options for a mortgage

[rd409]

Greg,
Don't forget to mention, though it is pretty obvious I guess, that the real cost of the loan from your company isn't just 0.8%. It needs to include any interest lost.
NOT 0.8%

Well if you include the lost interest, will it not be fair, to also include the interest you save on the mortgage? I think interest saved would be a lot substantial amount than what you would miss out minus CT, as the AER/APR for the mortgage would be most certainly higher than 2.25%.

[Olly]

Well if you include the lost interest, will it not be fair, to also include the interest you save on the mortgage? I think interest saved would be a lot substantial amount than what you would miss out minus CT, as the AER/APR for the mortgage would be most certainly higher than 2.25%.

It might be "fair" to say you're stating the obvious

It's not 2.25% it's 2.6% in my case, and in the case of the OP if they don't mind their company money being in a 3 month notice account.

P.S. Someone may come along and mention about just "trusting" the money to yourself in an offset mortgage. There's absolutely no evidence this has stood up to any HMRC scrutiny but there are people doing it.

[escapeUK]

It might be "fair" to say you're stating the obvious

It's not 2.25% it's 2.6% in my case, and in the case of the OP if they don't mind their company money being in a 3 month notice account.

P.S. Someone may come along and mention about just "trusting" the money to yourself in an offset mortgage. There's absolutely no evidence this has stood up to any HMRC scrutiny but there are people doing it.

I guess there is no evidence it hasnt either. I love how the government make interest rates 0.5% but think that I should work on them being 4%. Natwest dont even give me 0.1%.

I'll be going the offset way myself.