The Money Thread: Mortgages, Savings, Debt, Investments - all that stuff

[StuartHopkin]

I have a stocks and shares ISA that I currently like a lot.

As per others though, depends on your mortgage rate but over payments aren't a great plan if you could get a higher return elsewhere.

[Tal]

Subscribed and properly popcorn.giffing

What does Martin Lewis say about trips to Vegas?

[Woodsey]

I have a stocks and shares ISA that I currently like a lot.

As per others though, depends on your mortgage rate but over payments aren't a great plan if you could get a higher return elsewhere.

I'm sure you have liked them a lot over the last 18 months or so, but it wasn't fun in the years preceding that when they dropped a ton after the crash. 

[AndrewT]

Surely no need for a financial advice thread when we already have a staking board.

[Simon Galloway]

This thread is for after.

[KarmaDope]

Subscribed and properly popcorn.giffing

What does Martin Lewis say about trips to Vegas?

There's actually a massive thread on their forum dedicated to Vegas every year, stickied and everything - does not mention gambling at all unless talking about getting free drinks but is very much well worth a read.

[Tal]

Subscribed and properly popcorn.giffing

What does Martin Lewis say about trips to Vegas?

There's actually a massive thread on their forum dedicated to Vegas every year, stickied and everything - does not mention gambling at all unless talking about getting free drinks but is very much well worth a read.

Read flick through the weekly emails but don't really go through the site in detail.

Thanks.

[AndrewT]

This thread is for after.

Roflcopters.

[aaron1867]

Martin Lewis doesn't seem that bad to me, but I'm not very good money saver etc. so many questions, but I'm likely to look stupid asking them, damn it.

[pokerfan]

If a property is valued at 90k but you are buying it for 60k, do you still need a deposit for the mortgage ?

[Eso Kral]

If a property is valued at 90k but you are buying it for 60k, do you still need a deposit for the mortgage ?

If you are paying CASH for it then no but if the 60k is the mortgage then yes unless you can find an unbeliveably dodgy solicitor who will declare you are paying 90k but will only transfer the 60k to the vendors sol who are obv in on it as well.

[DaveShoelace]

Martin Lewis doesn't seem that bad to me, but I'm not very good money saver etc. so many questions, but I'm likely to look stupid asking them, damn it.

Ask em, that's the point of this thread.

[Tal]

If a property is valued at 90k but you are buying it for 60k, do you still need a deposit for the mortgage ?

If you are paying CASH for it then no but if the 60k is the mortgage then yes unless you can find an unbeliveably dodgy solicitor who will declare you are paying 90k but will only transfer the 60k to the vendors sol who are obv in on it as well.

Likely still happens but much more difficult these days. The authorities are a lot better at spotting this stuff now

[aaron1867]

Martin Lewis doesn't seem that bad to me, but I'm not very good money saver etc. so many questions, but I'm likely to look stupid asking them, damn it.

Ask em, that's the point of this thread.

Go on then, but I am not very good with terms for mortages and so on.

I can't get a mortage for credit reasons, but after selling my share of business in April I really want to buy house. Anyway, I can afford to now buy house for 100%, but in an ideal world I don't want to buy a house outright, but if I have a good relationship with my banks, then what are the chances of them helping me out with mortage. I bank with Natwest where there is X amount of money and HSBC where most of the money is, but both have significant amounts in.

Is it likely that even with 'fair' credit, that I will be likely to be rejected.

Obv am very young, so not 100% on this stuff

[WPIL]

Anyone got advice on claiming back tax relief on pension, 40% tax payer and getting 22% relief at moment, last did it in 2007 via a financial advisor at work for free and got a cheque. From the taxman for a few grand, however this time he wants to charge me a few hundred quid
Thanks