Flexi Reserve on a homeloan

blunomore

Honorary Master
Joined
Jul 8, 2007
Messages
26,789
Reaction score
22
Location
Not yet CT ...
I know there are some types of homeloans (or particular arrangements) where it is possible to access any additional funds one has paid into the homeloan.

If it says on my homeloan statement "flexi reserve" and then lists the additional funds I have paid in, am I right in thinking I can access those funds?

I called ABSA and they confirm this, but I do not trust them to confirm things telephonically and just want a 2nd opinion from MyBB :)
 
Can't answer specifically - but I know some banks require you to fill in forms to access the funds, and only on their approval... wouldn't surprise me if ABSA was the same.
 
Top
Sign up to the MyBroadband newsletter
X