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over payments
yorkie_lad_2
Posts: 19 Forumite
Hi All
I have just put my house up for sale as we are looking to move to a bigger house, i don't know whether to make overpayments until the house is sold (because in todays market it could take a while),or just save the money.
Any suggestions would be welcome
Thanks
I have just put my house up for sale as we are looking to move to a bigger house, i don't know whether to make overpayments until the house is sold (because in todays market it could take a while),or just save the money.
Any suggestions would be welcome
Thanks
0
Comments
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I guess it depends on how much you can overpay. There are costs involved in selling/buying as you know. So you may save a little of that in interest you would have paid. Unless it's a big amount you want to overpay it'll help a little but not a huge amount.0
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Thanks for your reply Capricorn one.At the moment i pay £370 per month mortgage and was hoping to increase it to £1000.0
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