How Do Mortgage Overpayments Work? скачать в хорошем качестве

How Do Mortgage Overpayments Work?

Making mortgage overpayments can reduce the amount of interest you pay and may help you become mortgage free sooner. However, it is important to understand your lender’s rules before making any additional payments. In this video, we explain: • What a mortgage overpayment is • How annual overpayment allowances typically work • The difference between reducing your mortgage term and lowering your monthly payment • How early repayment charges may apply • Situations where overpaying might not be the most suitable option If you would like personalised guidance, you should speak to a qualified mortgage adviser who can assess your individual circumstances. Download your free Mortgage Overpayments Checklist here: https://system.hhhmortgages.com/widge... This video is for information purposes only and does not constitute financial advice.