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To over-pay or not to over-pay
Comments
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If your savings are in an ISA, I'd leave those alone and make the overpaments directly from your current accounts - otherwise you might risk going over the ISA limits for the year.
That is such a good point, thank you! I suspect we may take a little out of savings, add it into current and pay the overpayments from there. Thank you.0 -
If your Cash ISA has a low interest rate you should consider transferring it to a better one.
I wouldn't overpay using whole of savings. Only some of it. You don't say the reason the long term dip, but things could always get worse and without those savings you may not even be able to pay the mortgage...0
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