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 19 May 2008
I cant afford to make over payments but I need a mortgage where I can take payments holidays as we would like to start a family in the next few years and could not afford to pay our mortgage whilst I would only be on standard...
Category: Overpayments, Payment Holdays, underpayments, Borrowback
Posted on 14 May 2008
We have just started making overpayments on our mortgage beginning with £10,000 off, continuing with £200-£500 a month hopefully. Is it better to reduce the term or reduce the mortgage payment amount but continue paying the...
Category: Offset mortgages, Overpayments, Payment Holdays, underpayments, Borrowback
Posted on 5 May 2008
You gave us some very good advice before. We have already been in touch with an adviser at your firm. He advised us to borrow the whole amount we need, around £150.000, with an Offset Mortgage and draw the amounts required for...
Category: Offset mortgages, Overpayments, Payment Holdays, underpayments, Borrowback
Posted on 10 January 2008
Hi Katie, I have £26,000 left on my mortgage which finishes in 4 years @ £439/month. If I paid an extra £50/month when would I be mortgage free? p.s. It is a fixed rate of 5.09% approx. Many thanks, Bill
Category: Overpayments, Payment Holdays, underpayments, Borrowback
Posted on 30 December 2007
I have recently taken out a mortgage with a fixed rate for 2 years on a repayment deal. I have an online account and can see the details of my mortgage payments. For example, paid in £740, paid out £451, which leaves £289 to be...
Category: Overpayments, Payment Holdays, underpayments, Borrowback
Posted on 20 December 2007
I'm looking to borrow more money on our house. Our house is valued at £175,000, our current mortgage £50,000 plus £28,000 on secured loan. I want to consolidate my debt. I have credit cards and want to clear them. What options do...
Category: Consolidation of debts, Lower mortgage payments, Overpayments, Payment Holdays, underpayments, Borrowback, Unsecured loans
Posted on 6 December 2007
Hello Katie, Like many others I am coming to the end of a 2-year fixed rate; I have the ability to take 5 months payment holiday on the mortgage. Should I go for the payment holiday in the hope that 2-5 year fixed rates will have...
Category: Lower mortgage payments, Overpayments, Payment Holdays, underpayments, Borrowback
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 2 October 2007
My son is starting his own business, could he take a "payment holiday", for say 6 months? His mortgage is with Nationwide.
Category: Overpayments, Payment Holdays, underpayments, Borrowback
Posted on 28 September 2007
Hi Katie, complicated one for you....!
I own 2 buy to let properties, and have had enough with being a part time landlord. I have decided to sell one (I would rather keep one, as my pension!) to fund purchasing at auctions to...
Category: Overpayments, Payment Holdays, underpayments, Borrowback, Second properties
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
Posted on 20 July 2007
Should I overpay my 5 yr fixed mortgage by £100 p/month, or save it in a cash ISA, then borrow £6K (+ interest) less when I re-mortgage in 5 years time. My mortgage is for £144, 000 at 6.19%?
Category: 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.
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