R
Rockson
Guest
Hi
is it possible or a good idea to get you pension to buy your house ?
Currently my house is in negative equity and I was thinking it would be nice if I could pay off that negative equity tax free rather than pay it through the nose after tax.
Plus the house would be on the pensions books and not mine so to speak not stopping me getting another house. I know there would be a difficulty to get the bank to fork up the money to buy the house in the first place but if that problem could be surmounted, tax wise would this be a good idea ?
I want to leave the house I am in. I am a self employed director with an executive pension.
Any advice would be appreciated.
is it possible or a good idea to get you pension to buy your house ?
Currently my house is in negative equity and I was thinking it would be nice if I could pay off that negative equity tax free rather than pay it through the nose after tax.
Plus the house would be on the pensions books and not mine so to speak not stopping me getting another house. I know there would be a difficulty to get the bank to fork up the money to buy the house in the first place but if that problem could be surmounted, tax wise would this be a good idea ?
I want to leave the house I am in. I am a self employed director with an executive pension.
Any advice would be appreciated.