Guide to Mortgage Cycling

A guide to mortgage cycling. How it works and whether it is a good idea.

Mortgage cycling is a way home owners can use to try and pay off their mortgages early. By making extra payments and paying off your mortgage early you can save yourself many thousands of £s in interest payments.

The basic principle of mortgage cycling is to have a flexible mortgage where you are able to pay extra payments every 6 or 12 months to reduce the amount of the mortgage debt.