Bi-weekly Mortgages in UK

Canucks

Does anyone know if these are available in the UK? I can't find much about them on the internet so am guessing not. Any help or comments gratefully received as they do seem to be a great way to save money in the long term.

Thrugelmir

Canucks wrote: »

Does anyone know if these are available in the UK? I can't find much about them on the internet so am guessing not. Any help or comments gratefully received as they do seem to be a great way to save money in the long term.

Save money in what way?

getmore4less

They don't save money any more than any other overpayment stratagy would save money.

They are only of any use if you get paid by-weekly.

With most UK mortgage you can pay what you like when as long as you meet the minimum requirements but for most people that get paid monthly thats the best way to pay.


(this comes up every so often so read the previous threads if you still don't understand then come back)