📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Pay off my Help to Buy?

I was about to pay off my Help to Buy Equity Mortgage I got 4 years ago (next year, we start paying interest). The reason for doing this was the Help to Buy valuation of my property was I believe 15% under its actual market value (New build so the same house on the Estate has sold for much more so 95% confident). However, with house prices predicted to fall and my mortgages fixed term finishing next year should I put this cash into reducing my mortgage as my calculations are that the Help to Buy interest rates will be less than the mortgage is probably going to be? 
Any support/opinions appreciated. 
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.5K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.9K Spending & Discounts
  • 244.5K Work, Benefits & Business
  • 599.8K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.