Hello
Lets say I have a 100k mortgage and 20k in my bank account offset against it, if there any point in:
1) Moving 5k so the balance is 95k/15k, while keeping repayments the same?2) Over paying? It is interest only, so lets say I need to pay 300/month in interest, but decide to pay 600/month, am I actually any better off presuming I don't spend the other 300/month and it is left in my account?
Hope that makes sense!
Cheers CQMMAN