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  • A very basic question: how does overpaying work? I know what the limits are for how much I can overpay, but do you have to spread this out each month or can you make one massive payment near the end of your fixed term? That would allow me more flexibility because presumably once the money is paid in it's not easy to get back out without remortgaging.

  • The terms vary from different lenders, but my terms are that I can overpay by anything up to 10% of the remaining balance of the mortgage every year, this can be made regularly each month or a lump some at any time.

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