Mortgage over payments

Stuey1980

I have a mortgage which is separated into different parts, i.e. the capital itself and the fees which were added to the mortgage are in 'separate accounts' of the same mortgage. Interest is the same for both (I think!). Is there any logic in overpaying either one before the other? I am still in a fixed deal so will total payment of the fees account mean I pay an early payment fee for this part of the mortgage?

dimbo61

Speak to your lender direct by ringing the mortgage centre but if you owe say £120K on a mortgage and £1800 in fees all at the same rate it would make me feel better to clear the smaller amount first.
Keep up the OP,s every month if you can

Thrugelmir

Stuey1980 wrote: »

Interest is the same for both (I think!).

Check the interest rates you are are paying, also the amount you are allowed to over pay every year. As there may be penalties if you overpay.