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Should I pay all of it off???
GPP
Posts: 6 Forumite
Hi
I have been reading this board for a while and also paying off more of my mortgage (max amount possible) and saving money to pay off my mortgage. Next month my 5 year term is up and i do have enough money to pay my mortgage off!!!! I CANT WAIT.
Anyway, my question is.
Do i pay off all my mortgage or leave the mortgage account open with some money left to pay (ie not pay off last £100). I may move house in two years time and need another mortgage. Would doing this save me paying a redemption fee and also help me obtain a mortgage again in two years???
Many thanks
Thanks
I have been reading this board for a while and also paying off more of my mortgage (max amount possible) and saving money to pay off my mortgage. Next month my 5 year term is up and i do have enough money to pay my mortgage off!!!! I CANT WAIT.
Anyway, my question is.
Do i pay off all my mortgage or leave the mortgage account open with some money left to pay (ie not pay off last £100). I may move house in two years time and need another mortgage. Would doing this save me paying a redemption fee and also help me obtain a mortgage again in two years???
Many thanks
Thanks
0
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