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Old Oct 23, 2008 | 10:39 PM
  #35  
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Psycho Warren
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From: Stoke on Trent
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Originally Posted by RWD_cossie_wil
Can you make over-payments on mortgages? Random question but I havn't really looked into them much
Depends on the mortgage itself. Some allow overpayments up to £XXX pounds a year free of charge, some then charge fees and some have minimum overpayments too.

For example with mine i can make overpayments up to 10% of the outstanding balance each year without a charge as long as the individual payments are more than £1000.
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