Advice column: How to put your mortgage in order this year

dailyrecord.co.uk:

link.However, it can save you hundreds of pounds a month on your overall payments by putting everything into one manageable payment with one interest rate if your main priority is to give yourself more disposable income on a monthly basis.The downside is that it may be spread over a much longer period of time meaning more interest could be paid back in the long run, you must weigh up what is more important to you.So if you have a current mortgage, as well as existing debts, then now could be the time to review it and see if it can put you in a better financial position for the coming year.I’ll be back in February to talk some more about purchasing a property, see you all then with hopefully some New Year’s resolutions still intact.Happy New.