MoneyWeek

Should you overpay?

Homeowners are racing to get rid of their mortgages. With easy-access savings rates running at just 0.6%-0.7%, households are instead using their lockdown savings pile to overpay the mortgage. “An average of £1.81bn of mortgage debt was overpaid each month from January to August”, says Imogen Tew in The Sunday Times. That is up

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