Have you tried Sprive? It’s a free app and it helps you put spare cash towards your mortgage so you can pay it off faster, potentially saving years off your mortgage term and saving up to thousands in interest. I have a Sprive referral code for £5 free cash which you can withdraw to your bank account or send as an overpayment to your mortgage.

The Sprive app is completely free to use. You can choose to withdraw the cash you save in the Sprive app either back to your bank account, or you can use it to overpay your mortgage at a click of a button. 

They have lots of other cool features such as seeing the best mortgage deal for that day with your current lender or with others.  Also, you can see at a glance the percentage of your home that you own.

Got a mortgage?  Get an easy £5 free cash with Sprive referral code 3OVDPUBK

What is Sprive and how can it help me overpay my mortgage?

Sprive is a really simple and easy-to-use app with features designed to help you save money on your mortgage.  It’s completely free to use.

Here are things you can do with the Sprive app to help pay your mortgage faster:

• Sign up to Sprive by clicking here and entering Sprive referral code 3OVDPUBK for £5 free cash which you can send to your mortgage or withdraw to your bank account

• Autosave £25 to £750 per month from your linked bank account and send to your mortgage with a simple click of a button (or withdraw the cash back to your bank account if you need it, it’s not automatically sent to your mortgage, you have to choose to send it from the Sprive app)

• Set how much you want to autosave; I have mine set from £25 to £75 per month

• Set an overpayment limit (handy if you can overpay your mortgage so much without fees e.g. 10% per year)

• View live mortgage deals to see if you can save money on your current interest rate (updated daily!)

• View your mortgage progress and date you’ll be mortgage free

• View your loan to value

• Easily see how much of your home you own (monetary and by percent)

• Earn £25 per three friends you refer using your own Sprive referral link and code (sometimes they run special offers, such as earning £15 per friend referred)

• You can access free independent advice in your Sprive account

They say “Sprive is a mortgage assistant that uses smart technology to help you be mortgage free, faster and helps you make sure you’re always on the best deal. You can use Sprive on your iPhone or Android smartphone.”

Click here to download Sprive today!

Get £5 free cash by signing up with my Sprive referral code

Complete sign up with my Sprive referral code 3OVDPUBK and get £5 free cash towards your mortgage, or choose to withdraw to your bank account!

My free money was available in the app within around 20 minutes of signing up.  I was told I’d have to wait for my first overpayment to be taken (£25 from my bank to Sprive app), but the free £5 was sent shortly after I signed up for the app.

I chose to send my free £5 to my mortgage and it showed on my mortgage account around 3 days later.

Click here to download Sprive today!

Sprive refer a friend scheme

This offer is subject to change, but the current referral offer is ‘Refer 3 friends and earn £25’.  

Each referred friend will get a Sprive sign up bonus of £5 free cash if they use a referral code when signing up!

When you refer a friend with your code they’ll get £5 in the app towards their mortgage, or they can withdraw it to their bank account.  For every 3 friends that you refer, you'll get a £25 reward which you can withdraw or send to your mortgage.

The same is actually true with the money saved in Sprive towards mortgage overpayments - you can choose to use it to overpay the mortgage at a click of a button, or you can withdraw it to your bank account.

Sprive review: things I like about the Sprive app

I’m very new to this app, but there are already lots of features I really like about this app.  Mostly, I like how I can visulaise my home ownership in a simple image that shows me exactly how much of my home I own.

With just an annual statement from my mortgage lender and an app that simply shows every payment, it’s sometimes feels like I’m getting nowhere with our mortgage payments and being able to fully own our home.  A 30 year mortgage doesn’t really help with that!

We plan to really start overpaying our mortgage in the next year or two once we have a home improvements loan we are currently overpaying.  Then, it will be great to see our progress more clearly on the Sprive app to visualise our goal.

The Sprive app also shows just how much time can be saved on the mortgage term and how much interest can be saved by keeping up with the regular overpayments on the app.

There’s no commitment though.  All money saved on Sprive isn’t automatically sent to your mortgage lender.  Instead, you can choose when to send it with a simple click of a button.  Or if you need the money back, you can choose to withdraw it back to your bank account with a click of a button too.

The overpayments that are saved to Sprive can also be paused for 1-3 months, so there’s no pressure there either.

It’s also really quick and easy to sign up.  It finds your mortgage by checking your credit report, from the personal details you provide, so you don’t have to scurry around trying to find your mortgage number or anything like that!  I did check mine to make sure they had the right one before I sent my first overpayment and it was fine.

The Sprive sign up bonus and referral scheme are great too. You can get free £5 cash simply for signing up with my referral code!

Complete sign up with my Sprive referral code 3OVDPUBK and get £5 free cash towards your mortgage, or choose to withdraw to your bank account!

Click here to download Sprive today!

Sprive review: things I’d improve about the Sprive app

Some more flexibility over the payment amounts would be appreciated.  Mine only gives me the option to save between £25 and £75 per month.  

I’d also like to pick the date of the autosave as it picks a date for me.

You can only pause the autosave for a maximum of three months, so if you need to pause for longer then you'll need to set a calendar reminder.  Or if the app isn't for you then you'll have to cancel as you can't completely pause or cancel the autosaves indefinitely.  Perhaps something they'll add in the future.

Update December 2022:  You can save between £75 and £750 per month.   I now have mine set for saving between £25 and £75 per month.  My last payment was £25 and my next one will be £28. There are email reminders sent before to let me know the amount and date, so I can choose to cancel it if I need to. 

Final word on Sprive mortgage overpayment app

This is a great app with a great aim - helping people to realise the potential of overpaying a mortgage even by just £25 per month.  It really can make a big difference in reducing the overall interest and length of mortgage term.

Being able to visualise how much of your home you own and how long it will take to be mortgage free are also great incentives to make overpayments and become better financially.

It's also so easy to sign up, you don't need your ID or to spend ages entering information as they'll automatically get your mortgage details from your credit report.  It's so fast to sign up.

Don’t forget your free £5 with my Sprive referral code

Complete sign up with my Sprive referral code 3OVDPUBK and get £5 free cash towards your mortgage, or choose to withdraw to your current account!

Click here to download Sprive today using my referral link!

 

Want more freebies and free money?

If you love this free money offer then I have loads more referral codes and promo codes for you to get free cash other apps and websites.  Check out our articles on 80+ ways to get free money and plenty of other real ways to make money from home for free. 

Learn how to get free food, free cryptocurrency and even how to get free shares.

 

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