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I am genuinely seeking an answer for 'always overpay' rule.
Like I say, it's not a rule - if you can make the money work harder elsewhere, do that.
I think as a guiding principle it makes sense... if you have say a generous company pension and your investments are well balanced and you aren't sure what to do with the extra dorrah kicking around in your bank account at the end of the day.
What about this tho?
If the value increases say 10% at minimum every 2 years and I keep remortgaging every 2 years ..
Owning the house 100% .. what does that exactly achieve? Frees up funds for next house? That I already have because I havent overpaid ..
I am genuinely seeking an answer for 'always overpay' rule.