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  • Thanks all!
    Premium bonds is max £50k as far as I know.
    Max NS&I rate is curently 4% as far as I can see. I could give her more than that and still have a cheaper mortgage/not be at the mercy of the banks.
    It's all food for thought.
    To clarify - I meant that she loans me the money - she's in effect my lender.
    Any further thoughts very much welcome!

  • Not sure if you’ve sought advice but this sounds like a possible trust/ trust fund situation.
    Best to seek advice as others have said. If you have found advice what have they suggested?

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