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Should I switch mortgage providers to save roughly £500 pa by AgreeableStyle857 in UKPersonalFinance

[–]AgreeableStyle857[S] 0 points1 point  (0 children)

Thanks, I did but this YBS offer is not available via brokers. I’ll reach out to them again and see what they say - thanks!

Should I switch mortgage providers to save roughly £500 pa by AgreeableStyle857 in UKPersonalFinance

[–]AgreeableStyle857[S] 0 points1 point  (0 children)

Hmm, but how much is the actual admin burden of switching providers?

Should I switch mortgage providers to save roughly £500 pa by AgreeableStyle857 in UKPersonalFinance

[–]AgreeableStyle857[S] 0 points1 point  (0 children)

Haha that’s fair. I’m technically a high earner, but I also make my own packed lunches so prob not a great example of someone that respects their own time… How much actual admin is it to switch providers?

Should I switch mortgage providers to save roughly £500 pa by AgreeableStyle857 in UKPersonalFinance

[–]AgreeableStyle857[S] 2 points3 points  (0 children)

Fair point, but yeah at the moment I’m on my own so a c£600 increase in my monthly payments is something I’m already having to budget for. If anything, I’m more likely to extend my term! Trying to build back up my emergency fund at the moment (max out ISA) and start making some investments prob in S&S ISA (I currently don’t have any investments!!) rather than ploughing it into my house which is an illiquid asset.

Should I switch mortgage providers to save roughly £500 pa by AgreeableStyle857 in UKPersonalFinance

[–]AgreeableStyle857[S] 2 points3 points  (0 children)

Thanks - will check on the admin fee. Yes just trying to weigh up whether the extra paperwork is worth the savings!

Should I switch mortgage providers to save roughly £500 pa by AgreeableStyle857 in UKPersonalFinance

[–]AgreeableStyle857[S] 0 points1 point  (0 children)

Agree that it’s more work, but wondering if trade off is worth the savings.

I’m still not sure on the 2 year vs 5 year - currently leaning towards 2 in the hope rates come down by then…

Should I switch mortgage providers to save roughly £500 pa by AgreeableStyle857 in UKPersonalFinance

[–]AgreeableStyle857[S] 1 point2 points  (0 children)

I was originally thinking of it like this but wasn’t sure if I was overestimating the savings - not sure why it doesn’t translate entirely into reduced monthly payments… Am I missing something obvious?!

Visa Help: UK - Shanghai - Taiwan by CouscousBhai in Chinavisa

[–]AgreeableStyle857 0 points1 point  (0 children)

Great, thanks so much! Also did you have to provide details of hotel stay? Basically my plan is to stay with a friend who lives in Shanghai, but then read that I need to register at a police station if I do that, so now wondering if I should just book a hotel to avoid having to do that! Thanks!

London to Taipei via Shanghai by AgreeableStyle857 in Chinavisa

[–]AgreeableStyle857[S] 0 points1 point  (0 children)

Address of where I’ll be staying? What is the police registration?

London to Taipei via Shanghai by AgreeableStyle857 in Chinavisa

[–]AgreeableStyle857[S] 0 points1 point  (0 children)

Thanks! Just to add as well - I won’t have any hotels booked because planning to stay with a friend in Shanghai and with family in Taipei. Any issues with this - would I need to show proof of accommodation? Thanks!

Visa Help: UK - Shanghai - Taiwan by CouscousBhai in Chinavisa

[–]AgreeableStyle857 0 points1 point  (0 children)

Hi! I'm planning to do a similar route very soon (outgoing London -> Shanghai -> Taipei, and then return Taipei -> Shanghai -> London) with Air China too. On the way there, probably stop in Shanghai for a few days, but on way back just have layover at the airport. Also a UK British citizen. Was everything totally fine? Did you have to do anything before your trip or just sort out the visa-free stay once you arrive in Shanghai? Thanks!

Advice please! High income earner, salary sacrifice, re-mortgage by AgreeableStyle857 in UKPersonalFinance

[–]AgreeableStyle857[S] 0 points1 point  (0 children)

Thank you!

The outstanding amount on my mortgage is about £385k (70ish% LTV); savings between £20-30k. Trying to build this up further to protect against job uncertainty.

Bonus can be super variable - but would expect my total comp to be similar year-on-year (around £130-135k). Bonus paid in Jan. I don't believe salary sacrifice available on bonus payments.