I have a mortgage which is part repayment and part interest only split a third and two thirds respectively. I can overpay 20% of my monbthly repayement with no penalty. I want to reduce the asmount of the overall mortgage when I need to remortgage in 5 years time. Is it best to target the overpayment to the repayment part or interest only part. Many thanks for any advice received.
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