Our balance is £125k the house is worth £220k within the next few months I will have approx £70k maybe even £80k coming my way however I propose to pay £50k off the mortgage and spend £15k on the house new kitchen etc. the mortgage balance would be £70k I' pay the mortgage from a Santandar bank acct and this is the only DD from that acct I'm going to still transfer the same amount as now into the acct over the next two years which I'm tied into my fixed deal so as long as I don't touch it I should see a build up of about £7500 £8000 then in two years ill knock that off the bottom line I would hope then to see the balance at £55k
This discussion has been closed.
Latest MSE News and Guides

Boost your Nectar points

Get up to £25 in bonus points

MSE News

Ask an Expert: Scams

Watch MSE Katie's answers to your questions

MSE Forum

Hot Diamonds 40% off code

Including already-reduced outlet stock

MSE Deals