B & B offer..........

bauble49

Bradford and Bingley have very kindly offered to waive any early repayment charge for any customers who either want to move their mortgage or make a capital repayment.
I'm stuck with a fixed rate deal for the rest of my mortgage, about 5 years, which is at 5.99% so i'm gaining nothing by the interest rate cute, and like most people i'm also losing because the interest on my savings has shrunk to almost nothing.
Here's my question, is it a good idea to cash in my Premium Bonds (10k) and 3 poorly paying ISAs (paying about 2%) and use this money to pay off half of my mortgage (£22500), thus saving me about £110 / month, much more than I could get in interest on my £22500. I know i'll lose the capital but its an endowment anyway and i'm fearing that i'll be short by about 20k when it matures so i'm just paying that now rather than in 5 years time.
In short, lose £10k = no interest, £12500 ISAs = poor interest, save £110 for 5 years.
Sorry for long question, any advice would be greatly appreciated.
Thanks.

Peelerfart

Why not go the full monty and sell the endowments, using that money to pay even more off your mortgage ?.

will-in-estoril

As above plus remortgage if you can to shave off 1-1.5%.