Hi, I know theres been a few with the same issue here and hoping someone could help. I have a mortgage sold by TSB to pepper. 60 is in the warehouse and we are paying off the amount of 75 thousand. They did a review and said on their figures we could start to pay in full.
I'm not sure because even though our finances have improved, my job is not secure and 2 of our children are in secondary and hopefully will be going to college in the next couple of years so our outgoings could be way more.
Our house isn't in negative equity now. We may want to to move in about 5 years to another area. We have 20 years left on the mortgage and our payments would go up by about 100 a week . My husband thinks we should stay with the split and save the money to pay off the 60 after the 20 years. I dont want to be in the position where we cant move. I would appreciate some advice if anyone can help.
I'm not sure because even though our finances have improved, my job is not secure and 2 of our children are in secondary and hopefully will be going to college in the next couple of years so our outgoings could be way more.
Our house isn't in negative equity now. We may want to to move in about 5 years to another area. We have 20 years left on the mortgage and our payments would go up by about 100 a week . My husband thinks we should stay with the split and save the money to pay off the 60 after the 20 years. I dont want to be in the position where we cant move. I would appreciate some advice if anyone can help.