Mortgages
Pension Mortgage
A pension mortgage is also an interest only mortgage with the
additional investment plan being in the form of a personal
pension. A personal pension is a stock market based investment
which benefits from tax relief on contributions and tax free growth on the accumulated funds. Two payments
are made, one to the lender to repay the interest on your
borrowings and another into a personal pension plan. The aim is to
build up your pension fund sufficiently to repay the loan in full
at maturity from the tax-free cash and provide you with a
retirement income as well. The main limitations are that you only take 25% of your fund as tax free cash and you can only take the benefits between the ages of 50 and 75 (between 55 and 75 from 6th April 2010).
We offer an
extremely competitive service, so for more information contact us
on:
Telephone: 0115
945 5199 Fax: 0115 982 6250
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR
MORTGAGE.
Written quotations are available on request. Loans subject to
status
Mortgages:
Interest Only
-
Pension
-
Repayment
-
ISA
-
Flexible
| Savings Calculator |
Pensions | Investments:
ISA/PEPS - SIPP/SSAS
Life Assurance:
Term Assurance |
Family Income Benefit |
Whole of Life Policy |
Critical Illness | Home |
About Us | Contact Us
David
Burnell Financial Services Ltd
1 Albert Road, West Bridgford, Nottingham, NG2 5GS
Tel: 0115 945 5199
Fax: 0115 982 6250
Email:
info@davidburnell.co.uk
David Burnell Financial Services Limited is an appointed representative of IN Partnership the trading name of the On-Line Partnership Limited which is authorised and regulated by the Financial Services Authority.
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