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jack w

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  1. Hello everyone, I bought my property with the aid of a HTB (help to buy) loan 2.5 years ago. I have payed increased mortgage payments every month since I moved in. I am on a 5 year fixed and when the fixed term comes to an end. I aim to buy out the government loan by increasing my mortgage. I am curious to find out if this is a smart and/or feasible approach to my circumstances? Also, does anybody have any other suggestions or thoughts on my situation?
  2. I can see how that is the most feasible approach, thank you so much for your input. I too plan to save for future deposits.
  3. Thank you very much for the advise, that makes absolute sense. I already have investments with Vanguard but I will look into the option you suggested thanks!
  4. In 2 years I aim to increase my mortgage with the bank so that I can pay off my Help To Buy loan with the government. To help reduce the rate of my future mortgage, I am attempting to put as much capital into my property as possible.
  5. Hello Everyone, I am currently paying very close to my 10% per annum overpayment limit. I am wondering whether it is sensible to increase my payments and suffer incurring overpayment charges? Please advise?