what to do

oluvva

As we all know property prices are falling. I have a fixed morgage for the next three years and would like to make overpayments in order to offset any negative equity. Without having a crystal ball i would like to know how much should i try to pay off ie what LTV should i be aiming for?? does this make sense??. I appreciate that when the fixed term is up if i have a high LTV i may struggle to get a deal????

sarkin

best deals you need 60% LTV

Squish_21

I'd just aim to get your LTV as low as you possibly can.

dimbo61

The best way to protect yourself from negative equity is to both overpay on your mortgage if allowed ( contact lender ) and also save into cash ISA,s to build up emergency funds !
You know what you can afford to save and overpay so work out a budget and save where possible ( SKY, nights out, holidays etc)
GOOD LUCK