Over paying on 2 mortgages?

Hi, 
Looking for a bit of advice. I have 2 mortgages. 1 for my home and the other for my parents home. Both mortgages were recently renewed and both are around the £120k mark. I would like to overpay £200 per month, should I split this and ovepay £100 to each mortgage or is it better to focus on just the 1 mortgage?
Thanks in advance

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  • getmore4less
    getmore4less Posts: 46,882
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    missing information.

    what are the rates and fix/full terms?

    what is the goal of the overpayment?
  • Mortgage 1 is for 116k fixed for 5 years at 2.1%
    Mortgage 2 is 138k fixed for 5 years at 1.74%.
    I would like to eventually pay off both mortgages. 
    Thanks in advance again

  • Sorry both mortgage terms are 30 years. 

  • caeler
    caeler Posts: 2,605
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    I have two mortgages (for different reasons than yours) and I took the view of focused on 1 at a time.  No idea if this is correct but either way I want them both paid off, both on the same rate although one's fixed rate ends sooner than the other so that slightly influenced my thinking.
  • [Deleted User]
    [Deleted User] Posts: 35,242
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    Lennylor said:
    Mortgage 1 is for 116k fixed for 5 years at 2.1%
    Mortgage 2 is 138k fixed for 5 years at 1.74%.
    I would like to eventually pay off both mortgages. 
    Thanks in advance again

    The quickest and cheapest easy to do that is to overpay the most expensive, subject to any caps and ERCs.
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