We’re coming to end of five year fixed mortgage next year. Before we get new one are you allowed to add more money to reduce the mortgage amount before we get a new rate?
Yes - you can put more in when you remortgage - technically you're paying it to the outgoing bank when you replace the mortgage (i.e. you'd just be seeking a lower amount in the new mortgage)
We’re coming to end of five year fixed mortgage next year. Before we get new one are you allowed to add more money to reduce the mortgage amount before we get a new rate?