I have a 2 year fixed mortgage with Halifax and my mortgage daily interest is dropping every month as the amount owed on the mortgage decreases. This makes me smile. I checked my mortgage account and was able to calculate the daily mortgage interest. Right now my daily interest is £3.42. This comes in at £106 monthly. My interest rate is low at 2.89%, which is reasonable for a buy to let mortgage. I can still remember the days of having a mortgage with 6% interest and paying as much as £9 daily towards mortgage interest.
I used to overpay my mortgage quite regularly but now I am concentrating on saving for a deposit for a new property for my husband and I. I am very happy to let my tenants pay my mortgage for now.