Should I cut my mortgage term to save money?
More people are opting to repay their mortgage for more than the standard 25 years as it makes the monthly bill lower - but it increases interest overall.
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More people are opting to repay their mortgage for more than the standard 25 years as it makes the monthly bill lower - but it increases interest overall.
We revealed last year how most equity release borrowers could save tens of thousands of pounds by moving their loans to a cheaper interest rate.
We revealed last year how most equity release borrowers could save tens of thousands of pounds by moving their loans to a cheaper interest rate.
Clare and Steven George-Hilley (pictured) paid a £25,000 fee to secure a new home. But the deal was delayed allowing the seller to seek a better offer.
Susan Wilcox, 73 (pictured) took £70,000 out of her home in Aylesbury, Buckinghamshire and says it was her 'only option' to boost her retirement income.