anynameyouwish
Registered User
- Messages
- 6
While there are lots of "advisors" to be found.....
Mr Earl has given you a very comprehensive heads up on the deciding factors of what write down is possible.Without
you disclosing details it's impossible to speculate.
For the record, something between 15 and 19% was indicated by Cerberus at the meeting.
But your friend should also work out what a deal would be worth to him. The tracker is worth more if
Your friend should accept less if the margin is high, there is only a few years left, they might want to move house in the near future and if they have plenty of cash with which to pay down the mortgage.
- it's a low tracker margin
- It's a long time to go to maturity
- They will not want to move for a long time
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