📨 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!

Mortgage question about overpayments

Hi everyone
I'm back to pick your brains again.  My mortgage  I can make over payments up to 20% of the balance, if I were able to save more than this would I be able to make a big over payment in between mortgage deals?  My current fix is 2 years so could I in theory make a big payment after that fix before I sign up to the next fix. I've purchased a house that's very affordable with a view to paying off as soon as possible (7 years hopefully) so just trying to work out the logistics.

Thank you so much for reading.

Comments

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
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K 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.