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finally can see some light
Comments
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Ive got 3k in premium bonds at the moment. a friend of the family won 100k last month :)
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Thats an interesting take. so many ways to attack it. Thats why I came here. Thankyou for your reply :)
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Personally I wouldn’t fix for five years as there will be early repayment charges; I would look at 2 or 3 year fix or tracker. Lower ERC’s and in the case of tracker no erc and can make any overpayments you like
Also I would leave the term as it is; why?
1) No credit checks if you stay with same provider2) Making overpayments naturally reduces the term without committing to higher contracted payment
MFW 2026 #5007/03/25: Mortgage: £67,000.00
Mortgage:
04/04/26: £33,500
07/03/26: £34,418.15
16/01/26: £56,794.25
02/01/26: £60,223.17
12/08/25: Mortgage: £62,500.00
12/06/25: Mortgage: £65,000.00
18/01/25: Mortgage: £68,500.14
27/12/24: Mortgage: £69,278.38
Savings: £20,0001
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