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Mortgage-Free (soon) advice please
localboy
Posts: 59 Forumite
We are about to come to the end of a 7 year capped rate term, we initially borrowed £52k so think that the balance will be approx £44k. We are looking to pay off £30k off the balance and are looking for advice as to which is the cheapest and quickest way to pay off the remaining £14k?
Any help and advice will be greatly appreciated as am new to all this.
Any help and advice will be greatly appreciated as am new to all this.
0
Comments
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Get a morgage where you can pay unlimited overpayments, Get a morgage for the full amount you owe then pay off the £30K Imediately (you will struggle to get a 14 K morgage and your unlikely to find a loan at the same rate as a morgage.If it doesnt pay rent sell it.
Mortgage - £2,000
Updated - November 20120
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