Go Back  British Expats > Living & Moving Abroad > Australia
Reload this Page >

Paying your mortgage off quicker through Members Alliance!!

Paying your mortgage off quicker through Members Alliance!!

Old Jan 15th 2015, 9:45 am
  #1  
Forum Regular
Thread Starter
 
Joined: Aug 2011
Location: brisbane
Posts: 68
fromthetoon is just really nicefromthetoon is just really nicefromthetoon is just really nicefromthetoon is just really nicefromthetoon is just really nicefromthetoon is just really nicefromthetoon is just really nicefromthetoon is just really nice
Default Paying your mortgage off quicker through Members Alliance!!

Hi,
I have just received a call from Members Alliance claiming that through tax benefits, they can show me how to dramatically reduced the length of time I can pay off my mortgage!
Obviously they wouldn't say too much on the phone and guess what, they just so happened to have someone in the area that could help me!
I never heard of this happening in the UK but does anyone know much about this sort of thing
Thanks
fromthetoon is offline  
Old Jan 15th 2015, 10:18 am
  #2  
Proudly Deplorable
 
Amazulu's Avatar
 
Joined: May 2003
Location: Alloha snack bar
Posts: 24,219
Amazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond reputeAmazulu has a reputation beyond repute
Default re: Paying your mortgage off quicker through Members Alliance!!

Originally Posted by fromthetoon View Post
Hi,
I have just received a call from Members Alliance claiming that through tax benefits, they can show me how to dramatically reduced the length of time I can pay off my mortgage!
Obviously they wouldn't say too much on the phone and guess what, they just so happened to have someone in the area that could help me!
I never heard of this happening in the UK but does anyone know much about this sort of thing
Thanks
I reckon he'll try and flog you some kind of negative gearing scheme - something you could easily do yourself if you wanted to
Amazulu is offline  
Old Jan 15th 2015, 11:27 am
  #3  
Lost in BE Cyberspace
 
Joined: Oct 2008
Location: Perth
Posts: 6,697
the troubadour has a reputation beyond reputethe troubadour has a reputation beyond reputethe troubadour has a reputation beyond reputethe troubadour has a reputation beyond reputethe troubadour has a reputation beyond reputethe troubadour has a reputation beyond reputethe troubadour has a reputation beyond reputethe troubadour has a reputation beyond reputethe troubadour has a reputation beyond reputethe troubadour has a reputation beyond reputethe troubadour has a reputation beyond repute
Default re: Paying your mortgage off quicker through Members Alliance!!

One of the rare occasions I agree with the above poster. Best to avoid it. Everything comes at a price in OZ, even the most basic tasks that can be easily done oneself.

Take special care on all things real estate. Thankfully prices are moving downwards in WA , especially the regions. Check out well your local QLD situation.
the troubadour is offline  
Old Jan 15th 2015, 7:45 pm
  #4  
Forum Regular
Thread Starter
 
Joined: Aug 2011
Location: brisbane
Posts: 68
fromthetoon is just really nicefromthetoon is just really nicefromthetoon is just really nicefromthetoon is just really nicefromthetoon is just really nicefromthetoon is just really nicefromthetoon is just really nicefromthetoon is just really nice
Default re: Paying your mortgage off quicker through Members Alliance!!

Thanks to you both and I think you are both correct.
fromthetoon is offline  
Old Jan 16th 2015, 1:08 am
  #5  
has lost The Game
 
Swerv-o's Avatar
 
Joined: Apr 2005
Location: Chippendale, Sydney
Posts: 8,735
Swerv-o has a reputation beyond reputeSwerv-o has a reputation beyond reputeSwerv-o has a reputation beyond reputeSwerv-o has a reputation beyond reputeSwerv-o has a reputation beyond reputeSwerv-o has a reputation beyond reputeSwerv-o has a reputation beyond reputeSwerv-o has a reputation beyond reputeSwerv-o has a reputation beyond reputeSwerv-o has a reputation beyond reputeSwerv-o has a reputation beyond repute
Default re: Paying your mortgage off quicker through Members Alliance!!

Originally Posted by Amazulu View Post
I reckon he'll try and flog you some kind of negative gearing scheme - something you could easily do yourself if you wanted to
Yeah steer clear - You'll end up supplementing your mortgage payments by selling Amway...


S
Swerv-o is offline  
Old Jan 22nd 2015, 3:45 am
  #6  
Lost in BE Cyberspace
 
Alfresco's Avatar
 
Joined: Jan 2009
Posts: 20,814
Alfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond reputeAlfresco has a reputation beyond repute
Default re: Paying your mortgage off quicker through Members Alliance!!

Originally Posted by Swerv-o View Post
Yeah steer clear - You'll end up supplementing your mortgage payments by selling Amway...


S
Alfresco is offline  
Old Jan 22nd 2015, 6:50 am
  #7  
BE Enthusiast
 
Joined: Feb 2014
Posts: 592
john in oz has a reputation beyond reputejohn in oz has a reputation beyond reputejohn in oz has a reputation beyond reputejohn in oz has a reputation beyond reputejohn in oz has a reputation beyond reputejohn in oz has a reputation beyond reputejohn in oz has a reputation beyond reputejohn in oz has a reputation beyond reputejohn in oz has a reputation beyond reputejohn in oz has a reputation beyond reputejohn in oz has a reputation beyond repute
Default Re: Paying your mortgage off quicker through Members Alliance!!

Yes agree with the above comments be very wary about any offerings and certainty seek independent finance and financial advice on anything proposed. There are simple ways of reducing your mortgage such as additional repayments, fortnightly repayments, offset accounts etc and reviewing you home loan on a regular basis to ensure you are getting the best deal in the market. :-)
john in oz is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell or Share My Personal Information -

Copyright © 2023 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.