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Mortgage Endowment?
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I'm slightly confused by the metrics, if the mortgage has only been interest only for a few years whilst it was repayment you must have been paying in the region of £750/pcm. The reduction of the remaining term without a reduced balance will have caused the monthly repayment level to increase from this to the £900 calculated. On the basis that you were once affording much more than the £300 interest plus £200 overpayment can you not afford to overpay much more?
Also are you in a position to switch mortgages? What is your ltv? so you might be able to have a lower rate.
Obviously this would mean affordability checks.0
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