Ok, with all this house price drop talk... say worst case happens and we are all down 35%, what would the best thing to do with a large lump sum? Over pay before? Over pay after? The lump sum is from capital on another sale. Do neither and just live in the place as planned? Brexit really is a pain in the arse...
Overpaying a mortgage over 100% LtV is throwing away money. If you think there is a risk of going into negative equity, best to keep your money somewhere else so you can cut and run from the property if needs be and come out with some savings.
Ok, with all this house price drop talk... say worst case happens and we are all down 35%, what would the best thing to do with a large lump sum? Over pay before? Over pay after? The lump sum is from capital on another sale. Do neither and just live in the place as planned? Brexit really is a pain in the arse...