Is paying off your mortgage early always the best financial decision?

In this episode, we discuss the potential drawbacks of paying off your mortgage early and explore alternative strategies to manage your mortgage effectively. Learn about the financial considerations and options available to make informed decisions about your mortgage.

👉 VIDEO TIMESTAMPS ⏳
00:00 Introduction
00:25 Drawbacks to Consider
00:28 Limited access to available cash
00:53 Is it a smart investment?
01:34 Early repayment charges
02:14 Ways to reduce your mortgage payments
02:20 Increase monthly payments
02:46 Consider an offset mortgage
03:26 Consider a shorter-term

👉 LINK TO FULL ARTICLE
https://www.moveiq.co.uk/blog/owning/...

👉 LINK TO RECOMMENDED MORTGAGES ADVISORS
🔗 https://better.co.uk/moveiq-callback?...

Enjoyed this video? Want to see more? Subscribe to the channel with the link below. That way, you won't miss any future uploads.

👉 SUBSCRIBE TO MOVE iQ YOUTUBE CHANNEL
🔗    / moveiq  

👉 GET PHIL SPENCER'S ADVICE DIRECT TO YOUR INBOX ✉
🔗 https://www.moveiq.co.uk/newsletter-s...

👉 VISIT OUR MOVE iQ WEBSITE 💻
🔗 https://www.moveiq.co.uk/

➤ CONNECT WITH MOVE iQ ON SOCIAL 📲
Twitter:   / moveiqproperty  
Instagram:   / moveiq  
Facebook:   / moveiq  
TikTok: https://www.tiktok.com/@philspencertv...