Overpay student loan?

[Someaddedsugar]

My student loan should hopefully be paid off in 5 3/4 years (if I've done the calculation correctly!). I've worked out that if I overpay buy £50 a month I can reduce this to 4 3/4 years.

Is this a sensible move or is it not recommended to overpay?

I've read the guidance on the student loans site but the only reference made on there is to the possibility of reaching the end of the term, and I'm nowhere near the end of the term where it would be written off.

It depends entirely on what other debts you have - what the interest rates on those are and how long a period the debt is across, and what your plans are more broadly (eg buying house/car/x/y in a/b/c years.)

I’m in a very similar position. I’ve decided not to overpay for now as I’ve found a regular saving account with a higher interest rate.

Once my student loan falls below £5k though I’m going to pay it off, as it’s currently taking £320pcm out of my wages and psychologically I want rid!!

I don't have any other debts other than a mortgage. Recently paid off an outstanding loan early, and credit card balances are zero and paid off each month.

We do want to buy a house however it's the psychological thing as @Mushroo says. I keep thinking I'd have an extra £200+ each month if the loan was paid off. I have £11k to go at a 1.5% interest rate.