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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
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Riedel Vinum Grappa Spirits Glasses (Set of 6)
Riedel Vinum Wine Glasses make every drop of wine taste its best. Riedel revolutionized glassware by customizing the shape of wine glasses to a particular type of wine. Each wine glass is fine-tuned to direct the flow of the wine onto parts of the palate that will best express the flavors and aromas of a specific wine varietal. The fine crystal offers superb clarity so you can experience the wine's color and texture. Riedel Vinum offers a comprehensive selection of varietal-specific glassware that's affordable functional and dishwasher safe. There's nothing like ending an Italian feast like with a shot of Grappa. The specially designed Riedel Vinum Grappa Spirits Glass lets you do it in style. The clarity of the glass allows you to appreciate the clear clean appearance and taste while the shape brings out the nuanced aromas of the Grappa while tempering the harsher alcoholic qualities. An elegant way to appreciate fine Grappa. 7 1/4' 6 3/4 oz. Attention California residents. Proposition 65 WARNING.
Price: 119.40 USD
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Cellar Master
Wine Vineyards
Chianti Region | Chianti Wine
Labels: International Wine | Iron Wine
