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Quick SVR and OVERPAY Mortgage question.

Can you overpay your mortgage as much as you like once you refer back to the SVR or are there still penalities if you pay over a certain percentage?

Thank you very muchly,

Bam x

Comments

  • Fliss_M
    Fliss_M Posts: 698 Forumite
    Part of the Furniture 500 Posts Photogenic Combo Breaker
    It would require a call to your provider to be sure, but I think you can. Your effectively out of contract, which is where the charges are. eg. from what I can tell from mine, I can pay as much as I want once my fixed term ends.
    The will to save every money saving penny we can
  • Bambywamby
    Bambywamby Posts: 1,608 Forumite
    Part of the Furniture Photogenic Combo Breaker
    Good idea, I will. Thank you. :T
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