We look at some of the pros and cons of making a mortgage overpayment each month to see whether the average homeowner could be better or worse off by making an additional payment each month.

With the news this month that over a million people are facing a hike of £500 a month in their mortgage repayments by 2026, it highlights the importance of seeking professional mortgage & protection advice.

Missing just a couple of payments can have pretty serious consequences, but what exactly happens?