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Halifax mortgage overpayment
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hello, finally today i organised an over payment standing order, i am with the halifax and can pay off a specific amount, i set it up from my current account, sort code and account number, in the reference line i put my roll number ! Good luckMortgage free Start amount feb 2014 227000. Current amount nov 2014 217000.
Challenges 2015
No alcohol January. No spend February
Write down all spends over the whole year0 -
Hi,
This is my first post in any forum so apologies if I've done it wrong but my question is...
I've got a new job which is 5 grand a year more than what I am on. I am use to living on what I earn at the minute so wondered is it worth overpaying on my mortgage or investing in an ISA for 5 years then taking what I get from that to pay a lump sum off my mortgage? I've 20 years left on my mortgage but don't want to work that long so want to reduce the years. I only have a small credit card debt which I have at 0% so no point paying that off early, apart from that I have no other debts.
Any financial advice how to invest this extra income would be much appreciated.
Thanks0
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