We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Redundancy & Mortgage repayment charges
Michelemc_2
Posts: 1 Newbie
Hello,
Newbie here - wonder if anyone has any advice. My husband has been made redundant today unfortunately.
We are looking into repaying our mortgage which is due to run out next year anyway.
We have not gone down the route of PPI as the mortgage is nearly finished anyway but need to know if we would be charged penalties for early repayment. At the end of June, we will owe less than 1 years payment. Would it be worth repaying or would it be easier to let the mortgage run??
Many thanks in anticipation of your help!
Kind Regards
Michele
Newbie here - wonder if anyone has any advice. My husband has been made redundant today unfortunately.
We are looking into repaying our mortgage which is due to run out next year anyway.
We have not gone down the route of PPI as the mortgage is nearly finished anyway but need to know if we would be charged penalties for early repayment. At the end of June, we will owe less than 1 years payment. Would it be worth repaying or would it be easier to let the mortgage run??
Many thanks in anticipation of your help!
Kind Regards
Michele
0
Comments
-
First question. Is what interest rate are you paying?
Second. Is your mortgage tied in to a particular product at the moment?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.6K Banking & Borrowing
- 254.8K Reduce Debt & Boost Income
- 456.1K Spending & Discounts
- 248.2K Work, Benefits & Business
- 605.7K Mortgages, Homes & Bills
- 179K Life & Family
- 263.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards