Archive for the 'overpayments' Category

Coventry allows unlimited repayments on 3.99% mortgage

Coventry Building Society has announced plans to reduce the rates on its residential re-mortgage products.
The new lower rates include a 2-year fixed-rate deal at 3.5% with £999 fees at 65% loan to value.
The lender also revealed a new fixed-rate mortgage offering borrowers the opportunity to make unlimited overpayments without penalty.
The new range of unlimited repayment [...]

Brits want to be mortgage-free by age 50

Paying off the mortgage in full before they reach age 50 is the goal of nearly two thirds of Brits.
Research by the Co-operative Bank found 62% of UK consumers aim to be mortgage free by their 50th birthday.
Once their mortgage is paid off, the main goal of those surveyed was to take more holidays, with [...]