Mr Winn suggested for some, it might make sense to deliberately make an overpayment on their mortgage.
“To do this, you’ll need to speak to your lender,” he explained.
“You can ask to make a one-off payment of up to 10 percent of the value of the mortgage, every year.
“So, if your mortgage was £100,000, you could pay off a lump sum of up to £10,000 for the year.
“The impact this would have would be to save you an additional £9,000 in interest repayments over the whole length of the mortgage, and make you mortgage free two years and nine months faster – a pretty great investment.”