'I'm saving 10 years on my mortgage thanks to shopping app I use at Tesco, Morrisons, M&S'

A homeowner has spoken about how she is using a shopping rewards app to help reduce her mortgage term by 10 years.

Ellie Boyle, 36, from Solihull, hopes to be mortgage-free by the time she turns 40, and uses the Sprive app to get cashback rewards on her weekly shopping.

She and her husband Colin are overpaying towards their mortgage anyway, and she gets about 50p in rewards for each transaction through the Sprive app, with the family paying around £40 or £50 a month towards their mortgage thanks to the app.

The Sprive app allows users to get cashback rewards when making purchases at a range of retailers and shop chains, and the amount can then be used towards paying off your mortgage.

The couple are making regular overpayments of around £2,000 a month to bring down their mortgage term. Ellie uses the app on her shopping at Tesco and Morrisons while her husband also gets the rewards for his Uber rides twice a day to get to and from work.

They have been using the app for about 18 months. Ellie said of using Sprive: "It is nice and easy. All the accounts are all connected, even when buying any of the giftcards through Sprive, all the bank accounts are connected so it's a fairly straightforward process once it's set up."

They are especially keen to pay off their mortgage over the next few years as Colin has retinitis pigmentosa, a degenerative condition that affects his eyesight.

He works as a maths teacher but is registered blind and will likely have to give up work over the next few years.

Ellie said: "That's the main driver for wanting to pay off the mortgage, it's so we don't have an additional bill round our heads when that time does come.

"Then we've got a little bit more freedom and flexibility, the only thing we need to support are the bills then and any other outgoings."

Ellie and Colin bought their first home in 2013 with a £145,000 mortgage. They moved in 2018 and increased their mortgage to £202,000, later adding a £35,000 loan for a loft conversion.

You can use Sprive to get cash rewards at many big name brands, including Greggs, Amazon, M&S, Caffe Nero and Airbnb.

Another Sprive user previously shared their story of how they were saving some £2,500 a month off their mortgage and reducing their term by three years thanks to the savings app.

Sprive also offers services to help with remortgaging, including providing expert guidance to help you decide which deal to go for.

Some other chains where you can use Sprive include Deliveroo, Halfords, IKEA and Asda.