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Mortgage Money Worrier
Comments
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I found out that even though I paid a significant lump sum in feb while negotiating my new deal, once the new deal actually started (May as the original fix end date was actually April), I was still allowed to pay a further 10% overpayment in addition, which makes sense really as the lump sum was simply another deposit like it was when i first bought, but I overlooked that...
So I got my 11 years down to 9 years
I currently have 2 and a half years left of my fix, but my current savings pattern means I hope to be mortgage free in 2 and a half years, or very very soon after (by way of a 0% credit card very short term)
i'll update with my progress as time goes on...0 -
Your mortgage company will have their rates for current mortgage customers on their website.
Best to check on there.
Switching to a new product will save on solicitors fees etc.0 -
1/4 of a % of interest is £500 per year on a £200k mortgage.0
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