New year, new finances: resolutions for 2023
Money Clinic with Claer Barrett
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Can You Overpay Your Mortgage Month by Month?
You can overpay your mortgage month by month and put it into a regular savings account. There's no need to pay off the mortgage straight away. If you're on a fixed term, you could get up to 7% on the most generous regular savers applied monthly - not annually. One thing I think can help a lot of people is if they can make what I call a road map,. Draw up literally Danie Rufebri-March and put in what you expect to be changing in which month. So you can see right from the start what you need to be saving up for... And you can plan for energy prices going up 20% from April.
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