Your average âprofessionalâ these days is a fucking useless. Most of them are simply concerned with covering their own back
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Yip, professional careers are build on fear,
How does the interest work out if you pay your mortgage off early, do you still have to pay a percentage of the interest off for the remaining years and what does it generally work out at?
If you compare a bank to a retail business like, say, Dunnes Stores then someone dealing with a mortgage application in a branch is akin to a person working on the check-out in the ladiesâ clothes department in a store. Youâre unlikely to be dealing with a senior, high-ranking employee in these situations but, that said, I can confirm that most people who work in banks are incompetent whatever their level.
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No if you pay it down quicker you save on the interest and if you pay it off altogether no interest is due
Just for clarity. Say your monthly repayment was âŹ700 odd and you made monthly repayments of around âŹ900, is the âŹ200 excess eating into your capital repayments only and once you have your capital fully repaid as well as any interest liable to the final payment you have made, then you are fully repaid?
Ya pretty much. Think of it like a credit card bill, the more you pay off the less the interest is due on it. You canât over pay on a fixed rate mortgage (you can a little bit I think but not whatever you want) but when the fixed terms up you can pay off a lump sum. Variable rate you can over pay whatever you want
This is correct.
@glasagusban has been given some woeful advice above.
The banks have what they term as âexemptionsâ both in terms of LTV and income limits.
A mortgage lady told me before that if you are applying and likely to need an exemption then do so early in the year before the 20% allowance is used up.
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What was your build cost, and for what?
If you mind me asking, just tell me to.mind my own fucking business in true TFK fashion.
It was a new build but it was within an estate. So we were buying off existing plans and only had a limited amount of things to actually do. The houses had a certain amount of different types, once we picked the type we wanted and and gave some simple layout preferences all we were left with was interior decorating type things. e.g. pick tiles, carpets, wood floors etcâŚ
We didnât have to hire anyone really, our builder took care of everything. Builders, tilers, painters, plasterers, electricians, cleaners etc⌠We didnât have individually costs, just the price of the house. And then the interior stuff.
I assuming youâre looking for kind of detailed price per block type thing and we didnât deal with any of that.
Wooden floors in a mud hut seems unnecessary?
Gives the mud a richer contrast, texture and ambiance. Obviously
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Except I didnât give advice, I asked the question because I was the one seeking this advice in the first place.
You can carry on now.
He said youâve been given (recieved) bad advice, you clown.
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This lad is looking for a mortgage but cant even read basic English ffs,hes gonna be rode sideways.
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Jaysus.
I canât see you recovering from this.
Looks like thereâs no way out this time.
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The galling thing is you slapped poor @TreatyStones down while he was extending an olive branch in your direction. What were you thinking?
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Can they type sentences properly?
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TouchĂŠ