I Stopped Investing and Overpaid My Mortgage… This Is What Happened
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Video Source: www.youtube.com/watch?v=7BXiyfccrkg
InvestEngine - Get an investment bonus of between £10 £50 when you sign up and deposit £100 (T Cs apply): • https://investengine.pxf.io/iQinvesti... • Captial at risk. InvestEngine (UK) Limited is Authorised and Regulated by the Financial Conduct Authority (FRN: 801128) • Sign-up bonus Ts Cs: https://investengine.com/terms-incent... • Get a free share worth up to £100 from T212 when you sign up and deposit £1: • https://www.trading212.com/invite/11Q... • Overpaying your mortgage is as good as it has ever been, but should you do it? • With inflation at a high, the Bank of England have been raising the bank rate throughout the year. This has resulted in mortgage rates rocketing, up to an average value of 6% per year, meaning that overpaying your mortgage is as attractive as it has ever been. • In this video, I explore the benefits of overpaying your mortgage, and compare it to investing in the stock market. Choosing between investing and mortgage overpayments is an extremely difficult decision, but I found a solution.
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