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 16 May 2008
My mother had a fall recently and after several weeks in hospital she is now staying with me as I live in a bungalow. We are very overcrowded so it is not an ideal situation. Her house is on the market for 89950 which is a...
Category: Mortgages in retirement, Raising capital out of property, Special circumstances
Posted on 4 March 2008
I will be 75 in October. I live alone, am disabled, have a fixed retirement income and need to sell my bungalow and purchase a flat in town. Is there a way that I can buy a flat and move in and not pay anything until the bungalow...
Category: Bridging loans, Mortgages in retirement
Posted on 3 March 2008
I have a house worth £130,000 with no mortgage. I am going to buy a house worth £200,000 with a mortgage. I am 69 and my wife is 64. We have a pension and get £218.25 weekly. We are disabled and have DLA. I would like to know...
Category: Mortgages in retirement
Posted on 24 February 2008
We have a part repayment/part endowment mortgage and need to borrow £25,000 to extend our property. Would it be better to cash in the Standard Life endowment (due to mature in 2015 and predicting a shortfall of between...
Category: Mortgages in retirement
Posted on 10 February 2008
I took early retirement as a teacher. My gross pension is £13,500. I earn the same again as a freelance trainer. I was 57 in January 2008. Could I raise a mortgage on my pension alone, preferably interest only? I intend to carry...
Category: Mortgages in retirement
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 December 2007
My parents are selling their house to buy a retirement flat from a friend. They must complete the deal before the end of March 2008 or they will lose it. Their house is on the market at £125,000 and they are buying at £99,000...
Category: Buy-to-let, Legal matters, Mortgages in retirement
Posted on 20 December 2007
Hi Katie, in your reply to Mr Churms you say 'Of the few lenders that could offer you a mortgage, only a few could do so for more than a few years' Can you please tell me who these few are? As I would like to re-mortgage, and not...
Category: Equity release, Mortgages in retirement
Posted on 14 December 2007
We have a London flat, (no mortgage outstanding) currently on the market @ £1.5million. We have made an offer of £455,000 on a leasehold (113 years) flat in Bath. I am 78 my wife 79, our joint pension amounts to £50,000 pa. Would...
Category: Let-to-buy, Mortgages in retirement
Posted on 29 October 2007
We have a house valued at £325,000 with an out standing mortgage of £40,000.We are now both retired and don't want to move. I am 67 with a pension of £10,000 pa. My wife has a pension of £8,000 pa.Would we be able to get an...
Category: Mortgages in retirement
Posted on 9 October 2007
I retire next year and have almost paid for our current house. I wish to sell-up and retire to Devon and purchase an alpine lodge and live there for 11 months in a year?
Category: Equity release, Mortgages in retirement
Posted on 8 October 2007
I wish to take out a mortgage my father’s property for 50% of its value so he can use the money to buy another property with his partner which would leave me only living in the first property. My father owns this property...
Category: Guaranteeing & buying with child, Mortgages in retirement
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 1 September 2007
I am 49 next year. We are thinking of moving - could I take out a mortgage for 20 years due to my age?
Category: Lower mortgage payments, Mortgages in retirement
Posted on 15 August 2007
We currently own our family property with no mortage in the UK and intend to purchase another property in the UK with a mortgage which will be used as a hoilday home. Can you tell us whether this would come under a buy-to-let...
Category: Buy-to-let, Holiday homes, Mortgages in retirement, Tax issues
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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- Buy-to-let (35)
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- First-time buyer (27)
- Fixed or Variable? (9)
- Foreign Currency or foreign tracking rate mortgages (6)
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- Interest only vs repayment (12)
- Legal matters (3)
- Let-to-buy (10)
- Life assurance/ protection (1)
- Lower mortgage payments (42)
- Mortgages in retirement (20)
- New build (3)
- Offset mortgages (9)
- Overpayments, Payment Holdays, underpayments, Borrowback (13)
- Raising capital out of property (11)
- Remortgaging (50)
- Second properties (13)
- Secured loans (8)
- Self-build (8)
- Self-certification (8)
- Separation or Divorce (16)
- Shared ownership (8)
- Special circumstances (29)
- State benefits (1)
- Tax issues (9)
- Temporary employment (2)
- The application process explained (10)
- Trusts (1)
- Unsecured loans (3)
- Valuations, Freehold, leases & unusual property (14)
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