CW Mortgages with Ian

HOW OVER-PAYMENTS CAN SAVE YOU A FORTUNE

TIPS AND ADVICE

HOW OVER-PAYMENTS CAN SAVE YOU A FORTUNE

Mortgage tip: Would you like to save yourself £35,000 ??

If the answer is yes, you may consider making over payments.

A regular mortgage over payment will not only clear the debt sooner, it will also drastically reduce the amount of interest you pay back.

Almost all high street lenders allow yearly charge free over payments, usually up to 10% of the mortgage balance, with some allowing as much as 20%.

Using an average sized mortgage of say £250,000 over 25 years at 5% … paying an extra £150 per month would not only reduce the term by 4 years, but also save you circa +£35,000 in interest payments over the full term !!

Overpayments Mortgage Advice Essex

Ian Smith

Mortgage & Protection Advisor

Whether you’re a first-time buyer, looking to remortgage, or simply have questions about your options, I’m here to help. With over 25 years of experience and access to lenders across the UK market, I offer clear, honest advice that fits your needs.

You can get in touch any way that suits you, I’m happy to chat by phone, email, or through a quick appointment booking.

IanSmith

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