• Pension contributions benefit from up to 40% tax relief for higher rate tax payers.

• Your debt remains constant throughout the mortgage period.
  
  
• You have no guarantee that you will have sufficient funds to pay off the mortgage at the end of the repayment period, as the pension fund could perform below expectations. (By monitoring your pension fund's performance, you could make additional contributions during the repayment period if you felt it was under performing.)
  
  
• The lump sum cannot be used for other purposes. You therefore need to ensure that your level of pension contributions are sufficient enough to maintain your required standard of living during retirement.
  
  
• The mortgage period may be longer than 25 years, depending on your age. You will still need to meet interest rate payments throughout this period.
  
  
• The tax situation regarding pensions is open to unforseable changes.

Latest Mortgages News

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12:59 AM No Exit in Sight for US As Fannie, Freddie Flail - Wall Street Journal eCreditDaily.com No Exit in Sight for US As Fannie, Freddie Flail Wall Street Journal Fannie and Freddie buy mortgages originated by others, holding some as investments and repackaging others for sale to investors as securities. ... The Fed Has a Shiny New Inflation-Fighting Weapon and Isn't Afraid To Use ItReuters Where's the Reform on Fannie Mae, Freddie Mac?eCreditDaily.com Marchant Unveils "Mortgage E-Verify Act"Trading Markets (press release) San Francisco Chronicle -Before It's News all 40 news articles » 01/01/1970

12:59 AM SVR mortgage borrowers `could benefit from switching` - Think Money Money High Street SVR mortgage borrowers `could benefit from switching` Think Money Hannah-Mercedes Skenfield, mortgages channel manager at Moneysupermarket, said that most borrowers on SVRs have recently been enjoying better rates than ... SVR remortgaging advice from moneysupermarket.comMortgage.org.uk Is it time to remortgage?Money High Street Most SVR borrowers 'should consider switching'Your Mortgage Mortgage Strategy -Mortgage Solutions -Money Marketing all 16 news articles » 01/01/1970

12:59 AM The unequal credit crunch - Asia Times Online Washington Post The unequal credit crunch Asia Times Online Of the real estate loans, home mortgages (presumably mostly again government guaranteed) were up 3%, home equity loans (mostly utterly economically ... Fed's Bullard: Housing should be key in reformReuters Fed's Bullard: Fed Could Keep Interest Rates Low Until 2012FOXBusiness Federal Reserve hopes clear exit strategy will boost market confidenceWashington Post all 91 news articles » 01/01/1970

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