option on warehouse payment

D

Daffydun

Registered User
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We received a split mortgage with a warehouse portion approx €124k. Current balance active mortgage €48k payment 930 per month. The active mortgage will be paid in approx 4 years. My husband will be 65 that year and I 53 what are our options on payment of warehouse - we do not wish to trade down and the home will have equity.
 
Doesn't the (restructured) mortgage agreement outline what options are available for paying the warehoused portion of the loan?
 
No it was originally put in place with INBS and was not outlined - basically, Pepper inherited the agreement
 
Might be relevant...

Key Post - "I am worried about dealing with the warehouse on my split mortgage."

If you have a split mortgage and your financial circumstances have improved so much that you are thinking of trading up, then you should consider getting rid of the warehouse so that your credit record improves. I have dealt with this scenario here...
www.askaboutmoney.com

Pepper - mortgage - 50% warehoused and review due soon

Someone may be, or have been in a similar position to me, and I'd really appreciate feedback. My PTSB mortgage was recently bought out (like loads more) by Pepper. As I have a mortgage of circa 250k (variable interest rate), half of which as been 'warehoused' for the last 3 years at 0 % interest...
www.askaboutmoney.com

Consumer deal with Pepper.

Hi. this is my first post.... I am looking for some advice: We bought our first home in 2008 and ran into difficulty and €20,000 areas before reaching a re-structured deal with PTSB Three years on we have an new agreement with PTSB based on a recent completed SFS, this came into effect on 19th...
www.askaboutmoney.com

Key Post - What has your split mortgage experience been like?

I would like to collect some information or case studies on people with split mortgages. Could you provide the following information. Rough figures will do fine. Original split 1) Which lender 2) Date of split 3) Amount of split e.g. €200k active /€100k warehouse 4) Were you on a tracker or...
www.askaboutmoney.com
 
ClubMan said:
Might be relevant...

Key Post - "I am worried about dealing with the warehouse on my split mortgage."

If you have a split mortgage and your financial circumstances have improved so much that you are thinking of trading up, then you should consider getting rid of the warehouse so that your credit record improves. I have dealt with this scenario here...
www.askaboutmoney.com

Pepper - mortgage - 50% warehoused and review due soon

Someone may be, or have been in a similar position to me, and I'd really appreciate feedback. My PTSB mortgage was recently bought out (like loads more) by Pepper. As I have a mortgage of circa 250k (variable interest rate), half of which as been 'warehoused' for the last 3 years at 0 % interest...
www.askaboutmoney.com

Consumer deal with Pepper.

Hi. this is my first post.... I am looking for some advice: We bought our first home in 2008 and ran into difficulty and €20,000 areas before reaching a re-structured deal with PTSB Three years on we have an new agreement with PTSB based on a recent completed SFS, this came into effect on 19th...
www.askaboutmoney.com

Key Post - What has your split mortgage experience been like?

I would like to collect some information or case studies on people with split mortgages. Could you provide the following information. Rough figures will do fine. Original split 1) Which lender 2) Date of split 3) Amount of split e.g. €200k active /€100k warehouse 4) Were you on a tracker or...
www.askaboutmoney.com
Click to expand...
Thanks had read some of those......
 
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