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danb
Velocio
mortgaged late in life, couldn't get a mortgage beyond 65, had a very high LTV... so this was very brutal, and the Liz Truss budget meant I went from a mortgage that was hurting, to a mortgage that I really struggled with.
thankfully got pay rises, and it's now quite affordable... but damn.
also... I lived in a tower block that had cladding on it, 19th floor... moving out was the best thing for my mental health post-Grenfell.
I do figure option 1 too.
Further I actually plan option 1 + 2...
Pay off and shorten the period, continue to hurt a little for 30 months, but should anything happen in that 30 months (company fails, lost job, whatever)... then take whatever is remaining at that time and remortgage into a long term at far lower rate.