House Prices are increasing!

[powerandtorque]

(I'll be roughly 39 unless I start overpayment which I'm considering while interest rates are low

If you can overpay, particularly in the early years, then definately do so as it makes a massive amount of difference to the term of the mortgage given you're largely only paying off interest in the early years rather than capital.

To give you some idea, I managed to pay off my mortgage in 7 years. Took a lot of hard work and being strict with myself in terms of outgoings to achieve that, but very satisfying making that final payment and knowing that (within reason) you've got a roof over your head no matter what happens and you're 10's of thousands of pounds better off over the long term.

You need to check your mortgage paperwork carefully though, as many mortgages have a limit on overpayments in the first 2-3 years. Nothing stopping you putting the money that you would have used to overpay into a savings account though and then knocking off a lump sum when any restrictions end.