Overpay or Regular Saving Accounts?

I need some advice please:

Should I overpay on my 1.99% life time tracker mortgage or open up a regular saving accounts at 5% interest? I have £77k left over 17yrs on my mortgage? I can afford to overpay £250 per month, maybe a bit more.

Comments

  • Hello. I would save in the 5% account and when rate goes down if so transfer to mortgage. Others may have different ideas but that’s what I’m currently doing.
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