Owning your own home

Spencey- no, that's comparing £850/month with £1,150/month.

£300 isn't much at all really but the long term saving there is.

I did a spreadsheet of this crap yesterday. If I took away what I've overpaid in the last ~3 years my mortgage would be 10 years longer and it'd cost me an extra £15-20k.

That's what I've been working out for when we buy a place. Once I get a bit of savings I'll work on overpaying the mortgage and hopefully clearing it quicker. But to begin with most of the left over money will be going in to decorating the place.