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Best Mortgage to Overpay

Hi guys,

If I wanted to go for a Mortgage where I had no restrictions regarding overpayment, what is the best one to go for please?

Comments

  • My first direct mortgage allows me to make unlimited overpayments.

    However I would still be charged an ERC if I pay the mortgage in full within the fixed rate period.
    2017 £4231.40/£4231.40 (100%)
    2018 £3483.18/£3483.18 (100%)
    2019 £2663/£2841.70 (94.65%)
    2020 £2290.17/£2290.17 (100%)
    2021 £1787.98/£1787.98 (100%)
    2022 Mortgage settled
    Mortgage neutral since 02/06/20
    Mortgage free since 10/05/22 🎉
  • A_Frayed_Knot
    A_Frayed_Knot Posts: 3,308 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    The only time I had no restrictions was when I was out of my deals, (eg, 2 3 or 5 year deals)and on Standard Variable Rate.
    Always have 00.00 at the end of your mortgage and one day it will all be 0's :dance:
    MF[STRIKE] March 2030[/STRIKE] Yes that does say 2030 :eek: Mortgage Free 21.12.18 _party_
    Now a Part Timer from 27.10.19
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