Originally posted by Cirrus
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
What happens went they want your Mortgage money?
Collapse
X
-
"You’re just a bad memory who doesn’t know when to go away" JR -
Wow- That was Quick!!!
Nationwide raises home loan age limit to 85 years - BBC News
"Tom McPhail, head of pensions research at Hargreaves Lansdown, told the BBC the change could shake up the mortgage market.
"Why pay off the mortgage at at all?" he said on Radio 5 Live.
"As long as the value of the property is there to meet the liability in the future, why worry about paying it off when you are alive?" he added""Don't part with your illusions; when they are gone you may still exist, but you have ceased to live" Mark TwainComment
-
Originally posted by Cirrus View PostNationwide raises home loan age limit to 85 years - BBC News
"Tom McPhail, head of pensions research at Hargreaves Lansdown, told the BBC the change could shake up the mortgage market.
"Why pay off the mortgage at at all?" he said on Radio 5 Live.
"As long as the value of the property is there to meet the liability in the future, why worry about paying it off when you are alive?" he added"
As long as prices go up forever, this is great.Comment
-
Originally posted by DimPrawn View PostRenting from the banks. That is the future. Back to interest only, 100 year terms. You buy a house, rent it from the bank and when you die, your family sell it and pay off the mortgage.
As long as prices go up forever, this is great.Comment
-
Originally posted by dx4100 View PostSounds great for the inheriting children... Less so for the idiot with a mortgage for life...Always forgive your enemies; nothing annoys them so much.Comment
-
Originally posted by Cirrus View PostHalifax raises mortgage borrowing age limit to 80 | Money | The Guardian
Halifax just gone to age 80 - 'others will have to follow".
The Internet says I'm only going to live until 85, so I'm nearly covered and there's plenty of time left for our world-leading Financial Services sector to get around to add another uplift.Comment
-
Originally posted by cojak View PostI would imagine that anyone paying an interest-only mortgage knows EXACTLY how they are going to repay that actual mortgage at the end of the mortgage period.
If they don't then they're idiots.
(Say the smug git who paid her mortgage off in the first 3 years of contracting.)
A) Minted, or
B) Live in Wales (pop in to see me!)Rhyddid i lofnod psychocandy!!!!Comment
-
Originally posted by psychocandy View PostYou must be:-
A) Minted, or
B) Live in Wales (pop in to see me!), Scotland, Northern Ireland or anywhere north of the Watford Gap.Comment
-
Originally posted by psychocandy View PostYou must be:-
A) Minted, or
B) Live in Wales (pop in to see me!)
C) A lot better paid than you are. Or claims more JSA
D) Following the SueEllen method and has 3 hubbies/Wives under the PatioAlways forgive your enemies; nothing annoys them so much.Comment
-
Originally posted by psychocandy View PostYou must be:-
A) Minted, or
B) Live in Wales (pop in to see me!)Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment