Getting to Grips with Your Mortgage

Getting to Grips with Your Mortgage

From Move iQ Podcast by Phil Spencer: UK Property Expert

April 3, 2026 · 7 min

About this episode

Phil Spencer discusses mortgage understanding with Simon from Skipton Building Society to help listeners feel more confident about their mortgage payments and decisions.

Phil sits down with Simon from Skipton Building Society to help you get to grips with understanding your mortgage. From understanding your monthly payments to making sense of your annual statement, this conversation aims to help you feel more confident about what you’re paying and why. Understanding how your mortgage works can help you make smarter decisions, whether that’s overpaying, reviewing your loan to value, or preparing for your next deal. The more you know about your numbers, the more confident you’ll feel about your next move. 👉 VIDEO TIMESTAMPS Chapters 00:00 Introduction 00:30 How to understand our mortgage payments 01:19 What can overpaying do? 03:02 Understanding your annual statement 03:40 Loan to Value 04:45 Tips for understanding your mortgage Liked this video? We have more episodes on remortgaging as well as other first-time buyer advice on the channel. 👉 SUBSCRIBE TO THE CHANNEL 🔗 https://www.youtube.com/@UC_bxZ7uKmnve42-5pfNO47A 👉 GET PHIL SPENCER'S ADVICE DIRECT TO YOUR INBOX ✉ 🔗 https://www.moveiq.co.uk/newsletter-signup 👉 VISIT THE MOVE iQ WEBSITE 💻 🔗 https://www.moveiq.co.uk 👉 VISIT THE SKIPTON WEBSITE 💻 🔗 https://www.skipton.co.uk/ ➤ CONNECT…

People in this episode

Host: Phil Spencer

Guest: Simon

Topics covered

  • mortgage understanding
  • monthly payments
  • annual statement
  • overpaying
  • loan to value
  • financial confidence

Keywords

  • mortgage
  • monthly payments
  • annual statement
  • overpaying
  • loan to value
  • financial advice

Mentioned in this episode

Organizations: Skipton Building Society

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