November 2008 - Morrell Wine
Home Cellar - Mortgage repayment option from Premiercru Fine Wine Investments
Mortgage payments are a considerable cost to a household, and homeowners are searching for ways to save money. Running an investment plan alongside an interest only mortgage can considerably reduce costs in the long term, and Premier Cru Fine Wine Investments believes that Fine Wine acts as an ideal investment vehicle for mortgage repayment.
To meet the growing needs of homeowners, Premier Cru Fine Wine Investment has today launched a Fine Wine Investment Mortgage Repayment Product, branded 'Home Cellars', which uses fine wine as the repayment vehicle, alongside most interest only mortgages
Key points include:
* Potential to significantly reduce costs compared to Capital Repayment schemes (see below);
* Investment is tax free and not assigned to the mortgage lender;
* Growth in Fine Wine generally exceeds standard investments (see graph)
* Long history of stability in the Fine Wine investment market;
* Investment is flexible allowing the holder to adjust monthly payments to suit financial needs; and
* Life assurance is a separate term insurance, meaning holders do not lose cover if the wine investment is temporarily stopped.
Comparison of Capital Repayment Mortgage vs Interest Only with a Fine Wine Investment Vehicle
This comparison is based on a 35 year old non smoker with a ?250,000 mortgage at 5.45% fixed for the term of the loan. Wine fund growth is at 10% p.a with no growth for first 3 years, including 1.5% p.a management fee. Source: Fiscal Concepts Mortgage Brokerage.
About the Author
by Jo Adams for Fabweb Internet Services on behalf of Premier Cru Fine Wine Investments Limited
Short Review on Morrell Wine
Home Cellar - Mortgage repayment option from Premiercru Fine Wine Investments
Mortgage payments are a considerable cost to a household, and homeowners are searching for ways to save money. Running an investment plan alongside an...
Click Here to Read More About Wine ...
Morrell Wine Products we recommend
The FTD Baby Girl Bouquet - Premium
It's a girl! And she's pink and pretty and peaceful, like this perfect bouquet in a glass vase. C6-3063P
Price: 69.99 USD
Headlines on Morrell Wine
New Gay Spanish Wine Promises Pleasant Aroma And Notes Of Fr
Thu, 03 Apr 2008 10:53:17 -0700
Spanish wine maker Ribera del Duero have created a new wine called to “honor” the gay community called “Mundo Gay”.
Winemaker Insures His Nose For $8 Million
Sun, 30 Mar 2008 20:46:09 -0700
A Dutch wine-maker has insured his nose for $8 million after hearing about a man who lost his sense of smell in a car accident.
Bird-Inspired Wine Decanters - Riedel's Swan and Paloma
Mon, 24 Mar 2008 10:53:51 -0700
Impress your date or guests with these decanter designs that take their inspiration from birds. The striking beautiful collection is by the generations-old family glassware-makers Riedel. The leaded crystal vessels feature aerodynamic lines and dramatic dimensions and are designed by Maximillian Rie…
Lloyd's insures winemaker's nose for $8 million
Wed, 19 Mar 2008 18:51:53 -0700
LONDON (Reuters) - The Lloyd's of London insurance market has insured the nose of a leading wine maker and taster for 5 million euros ($7.9 million), covering the Bordeaux producer against the loss of his nose and sense of smell. Lloyd's is famous...
Man insures nose for 8 Million
Wed, 19 Mar 2008 10:56:45 -0700
A European wine maker insures his nose for 8 million dollars.
Winemaker Insures Nose for 8 Million Dollars
Tue, 18 Mar 2008 10:12:46 -0700
The Lloyd's of London insurance market has insured the nose of a leading wine maker and taster for $7.9 million, covering the Bordeaux producer against the loss of his nose and sense of smell.
French Wine Made In Ethiopia - Video
Fri, 14 Mar 2008 21:26:17 -0700
French Wine - Made In Ethiopia One of France's largest wine makers plans to begin production in Ethiopia, where an unsual clime allows farmers two grape harvest a year Video French Wine from Ethiopia
Wine Stoppers
Grape Wine
Labels: Wine Market
