Hi
I have a tracker mortgage of about 60k.
I also have savings of 60k. Since banks are not making money on trackers, I am wondering if I approach the bank and suggest paying of the mortgage early would they reduce the principal to entice me to take this option, i.e. I pay something like 55k.
Thanks!
I have a tracker mortgage of about 60k.
I also have savings of 60k. Since banks are not making money on trackers, I am wondering if I approach the bank and suggest paying of the mortgage early would they reduce the principal to entice me to take this option, i.e. I pay something like 55k.
Thanks!