Lump sum payment after taking out new mortgage offer possible?


So my plan is this. We have made maximum overpayments for this year on our mortgage term. We are renewing in 2 months. We can get a good 2 year fixed rate deal which we would be happy with. The plan is to make investments with our other saved money whereby we should be able to pay off out mortgage completely after the 2 years ( we understand the investments may not work out and we may need to continue to pay a mortgage).

Is it possible after the 2 years fixed, when we come to remortgage, to pay off the mortgage completely? Will I need to sign up to a new deal and is there such a deal that, lets say the week after taking that mortgage out, I pay it off in full?

Many thanks,


Sign In or Register to comment.
Latest MSE News and Guides

British Gas prepay meter users... pay less for gas from 1 April

MSE News

The 'odd Easter flavours' thread 2023

What bizarre food stuffs have you spied?

MSE Forum

Energy Price Guarantee calculator

How much you'll likely pay from April

MSE Tools