Soldato
Had to go through the whole assessment process again.
As I did a 10% overpayment in January they reduced my payments from £303 to £243 to keep the term the same
Entire point was to get it paid off sooner.
reassessed and agreed £395 over 7 year from £303 over 14 year. Same rate 4.49% as currently
Have to do the same next year apparently as it will happen everytime I over pay.
Who is your lender?
If its nationwide you can change the way they treat overpayments on their website. (default is adjust payments and keep term the same if overpayment >£500)
(Best is to select keep term the same and payments the same, just means your end date is not adjusted to reflect the fact you will likely pay it off earlier)