Martin Lewis has urged folks to make three pressing checks if they’re contemplating overpaying on their mortgage.
The Cash Saving Knowledgeable founder, who previousy revealed how folks can share tens of hundreds of kilos by overpaying on their mortgage, revealed three issues it’s essential to verify earlier than making an overpayment.
One tip consists of checking if there are any overpayment penalties as a result of in that case, this might wipe out any potential gainSpeaking on the Martin Lewis Podcast on Wednesday (17 April), he mentioned: “You additionally need to verify it reduces the time period not the funds, as that’s the place the large financial savings come from.”
