‘Settle up early’ says mortgage expert

Posted 2008-02-8

Mortgage holders are being told to keep up payments and try to pay off early for a better retirement.
Mortgage experts John Charcol say by paying off mortgages at the same rate as before the recent drop in the base rate homeowners may settle up early with providers.Katie Tucker, spokesperson for John Charcol, said: “For many people, the mortgage is what dictates when you can retire.

“Paying it off even a few years early it can make a difference to your quality of life not only because of age, but because of the money you free up to spend on other things.”

Recent research from the independent mortgage group indicated more first-time buyers are moving in together as couples.

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