Our mortgage deal is due to expire in May, so I phoned Santander to arrange a new one. But the best deal they could offer me was going to cost me an extra £200 a month, because it's a very short term (due to end in December). The only other option was to pay the whole thing off now.
So they sent me a redemption statement, I did the sums taking into account interest I'd lose and I've just paid off our mortgage. I made a payment of nearly £49,000 using a smartphone app (we were due to pay them £43,600 in December).
So they sent me a redemption statement, I did the sums taking into account interest I'd lose and I've just paid off our mortgage. I made a payment of nearly £49,000 using a smartphone app (we were due to pay them £43,600 in December).