D
daddy d
Guest
Hi all...
We've managed to sell our house, and are looking to rent for a year or so and eventually buy a house in dublin...
Im badly in need of some independant advice on what to do with the money we have left over from our sale investment wise...
After paying off our mortgage we will be left with around 150k, which
we will need to invest somewhere and make it very hard for us to access...
We will have another 60k on the sale of a site ( contract stage - fingers crossed!)
My payments on the previous mortgage were about half of what we will probably be paying for rent now, i can increase this to about 3/4 the rental amount...what i need to find out is what kind of interest will i be able to get on the investment(s) and take this out before lodging into the account and use this to pay the remaining figure off the rental throughout the year, and yes i will have to be incredibly disciplined....!
Is it best to split this into 3 accounts, 3 different banks?
What will the catches be ( dirt etc..)
Will all the banks guarentee this amount now and for the future?
Is there any glaring ommissions im not addressing??
many thanks...
d
We've managed to sell our house, and are looking to rent for a year or so and eventually buy a house in dublin...
Im badly in need of some independant advice on what to do with the money we have left over from our sale investment wise...
After paying off our mortgage we will be left with around 150k, which
we will need to invest somewhere and make it very hard for us to access...
We will have another 60k on the sale of a site ( contract stage - fingers crossed!)
My payments on the previous mortgage were about half of what we will probably be paying for rent now, i can increase this to about 3/4 the rental amount...what i need to find out is what kind of interest will i be able to get on the investment(s) and take this out before lodging into the account and use this to pay the remaining figure off the rental throughout the year, and yes i will have to be incredibly disciplined....!
Is it best to split this into 3 accounts, 3 different banks?
What will the catches be ( dirt etc..)
Will all the banks guarentee this amount now and for the future?
Is there any glaring ommissions im not addressing??
many thanks...
d