Mortgage Money Worrier

V7RNR

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...

penners324

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.

penners324

1/4 of a % of interest is £500 per year on a £200k mortgage.