Ask Bea
Bea's Biography
Bea began her career in financial services in August 2001, as an underwriter for Chelsea Building Society. In January 2004 she joined Clydesdale Bank as a Mortgage Adviser, and then joined John Charcol in January 2007 as a mortgage consultant. John Charcol, the sister company of Charcol, provides independent mortgage advice.
Bea’s has been chosen as our mortgage expert due to her excellent reputation both within John Charcol and with her clients through exceptional customer service and management, and first class broking skills. Bea typifies the standards clients can expect from John Charcol. In the words of one of her clients, “Bea has arranged our transaction and has explained what is happening at every stage of the process. I am very pleased and impressed with both her approachable, common sense attitude and ability to obtain the best deal on both my properties, securing mortgages that were far better than what I was used to paying. At every point of contact Bea has been professional and extremely helpful, going above and beyond what would normally be expected.”
Outside of work Bea lives in Richmond with her husband and enjoys reading, painting, good food and great wine.
If you would like to discuss your specific situation in more detail, or would like further advice, please call and speak to one of our qualified mortgage consultants now on: 0845 034 2100
STOP PRESS - Due to a techncial fault beyond our control, we have just found out that we have lost a number of questions submitted over the last month or so. We are extremely sorry about this and apologise to those that are still waiting for a response. If you could re-submit yout question we will endeavour to answer it as soon as possible.
Please be aware that these answers can only be generic and no personal recommendations can be made.
Posted on 27 February 2008
My house is valued at around £400,000 and I currently have a mortgage balance of £137,000 owing and a term of 8 years. I'm currently earning £65,000 - £70,000 (salary+pension) per year & paying approx £20,000 in tax. I'm allowed...
Category: Interest only vs repayment
Posted on 6 February 2008
I have an interest only mortgage with Northern Rock of £180,000. I am 61 years old. I need to change the mortgage to a repayment but will the repayments be too high? Should I transfer to another lender? Also I want to buy a...
Category: Interest only vs repayment
Posted on 28 January 2008
We have an interest only mortgage of £25000 with 18 months left of our 25 year term. We also have a repayment mortgage on the same property with £8489.00 owing over 4 years. Our endowment policy will not meet the £25,000 target...
Category: Interest only vs repayment, Mortgages in retirement
Posted on 28 January 2008
If I took out a interest only mortgage say of £142,000 over 22 years and was allowed to pay an extra 10% a year if I paid the extra each month as if it was a repayment mortgage and never missed a payment would the extra money...
Category: Interest only vs repayment
Posted on 7 November 2007
We have a joint mortgage on a 10 year term, £80,000 interest only & £53,000 on repayment total £133,000. The house is currently valued at £300,000. Our current tracker ends in Jan 2008 so we are looking to remortgage now. In July...
Category: Interest only vs repayment, Overpayments, Payment Holdays, underpayments, Borrowback, Remortgaging
Posted on 16 October 2007
I have just found out from my widowed mother in law that she is still paying for a mortgage on her house and she's 76. It appears my father in law took out a mortgage called a life time mortgage with the Halifax and no life...
Category: Interest only vs repayment
Posted on 4 October 2007
I have a Interest only mortgage for £128,449 but looking to covert that into a repayment mortgage, as I want to start killing off the mortgage instead of just renting out the Money. What options can you offer me?
Category: Interest only vs repayment
Posted on 10 September 2007
What is the cheapest way of me getting a mortgage of £120k so that my payments are as low as possible for the first 12 months?
Category: Interest only vs repayment, Lower mortgage payments, Remortgaging
Posted on 7 September 2007
I am trying to get a mortgage to buy out my husband as we have now separated. At present I earn £45,828 as a headteacher. Our house has been valued at £375,000. We have an interest only mortgage of 120,000 and I would have...
Category: Interest only vs repayment, Lower mortgage payments, Mortgages in retirement, Remortgaging, Valuations, Freehold, leases & unusual property
Posted on 6 September 2007
I am trying to find a mortgage calculator to provide guidence to establish the cost at variance interest rates on a part interest, part repayment format - Can you help?
Category: Interest only vs repayment, Lower mortgage payments
Posted on 1 September 2007
I have a 38k mortgage with 12k on capital and interest and the remaining 26k on interest only. It still has 7 years to run. As I'm 2/3rds through a fixed 3 year term I've been overpaying £500 a month with the aim of paying it...
Category: Interest only vs repayment, Lower mortgage payments, Overpayments, Payment Holdays, underpayments, Borrowback
Posted on 20 August 2007
Hi, I am looking at remortgaging at the end of my fixed rate and want a flexible loan, but dont know whether to go for repayment or interest only, and overpay. The loan is for £130,000 fixed at 6.39% for 15 years with...
Category: Interest only vs repayment, Lower mortgage payments, Overpayments, Payment Holdays, underpayments, Borrowback, Remortgaging
Answers provided in response to Ask Bea are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not neccessarily represent the views, positions, strategies or opinions of Charcol Limited. All comments are made in good faith, and neither Charcol Limited nor Bea will accept liability for them.
We recommend you seek professional advice with regard to any of these topics where appropriate.
Categories
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