mortgage advice

[gina1960uk]

Is there any benefit with paying more of your mortgage off than required.  Whether it be an Endownment , or Repayments.  Will the property be payed off quicker or will I be penalised in some way.

[Eels]

Try posing your questions in money and finance, there may be someone more able to answer your question in there.

[mycatis]

Dont think you should pay off an endowment policy early cause then you wouldnt have enough money to pay off the original loan for the house

[dothawkes]

I think you should see a financial advisor who would be more qualified to help, but if some years down the line his advice proves to have been incorredct or ill informed, make sure that he has given you a guarantee for his advice, then in years to come if it proves incorrct, you can ask for a full refund.

[goldfish100]

We have a repayment mortgage and we pay �50 a month by standing order on top of our normal payment. Hopefully this will take a few years of our 25 year term. It looked okay on paper...

[JDsMum]

YesYes Yes! If its a repayment mortgage you can save thousands.