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  • FIRST POST
    • Nullmoon
    • By Nullmoon 7th Feb 18, 11:38 PM
    • 6Posts
    • 3Thanks
    Nullmoon
    Pension or mortgage?
    • #1
    • 7th Feb 18, 11:38 PM
    Pension or mortgage? 7th Feb 18 at 11:38 PM
    -I'm 28, currently living at home, on £24k, and have around £30k saved up in a cash ISA.

    -I've only had a NEST pension for the past few months, so overall I don't have much saved up.

    -I'm probably looking to buy in the next few years.

    What's more useful, putting the money towards a pension or a mortgage? If the latter, is it worth opening a LISA?
Page 1
    • AnotherJoe
    • By AnotherJoe 7th Feb 18, 11:48 PM
    • 8,227 Posts
    • 8,956 Thanks
    AnotherJoe
    • #2
    • 7th Feb 18, 11:48 PM
    • #2
    • 7th Feb 18, 11:48 PM
    I would suggest.
    Max your pension payments so as to get maximum employer contribution.
    Once you have that HTB ISA and LISA whatever is possible
    Once you have mortgage established dont overpay, put at least some extra towards your pension.
    The fact that its Nest implies its small but even so I think for most people buying a house would take precedence initially.
    • TheShape
    • By TheShape 7th Feb 18, 11:51 PM
    • 1,240 Posts
    • 1,039 Thanks
    TheShape
    • #3
    • 7th Feb 18, 11:51 PM
    • #3
    • 7th Feb 18, 11:51 PM
    What's wrong with this thread?

    http://forums.moneysavingexpert.com/showthread.php?t=5789610

    You could have probably just given it a bump.

    Post #5 looks like a sensible suggestion, if I do so say myself
    • AnotherJoe
    • By AnotherJoe 8th Feb 18, 8:41 AM
    • 8,227 Posts
    • 8,956 Thanks
    AnotherJoe
    • #4
    • 8th Feb 18, 8:41 AM
    • #4
    • 8th Feb 18, 8:41 AM
    What's wrong with this thread?

    http://forums.moneysavingexpert.com/showthread.php?t=5789610

    You could have probably just given it a bump.

    Post #5 looks like a sensible suggestion, if I do so say myself
    Originally posted by TheShape
    Great minds etc (or, fools seldom differ )
    • Nullmoon
    • By Nullmoon 8th Feb 18, 10:01 AM
    • 6 Posts
    • 3 Thanks
    Nullmoon
    • #5
    • 8th Feb 18, 10:01 AM
    • #5
    • 8th Feb 18, 10:01 AM
    What's wrong with this thread?...You could have probably just given it a bump.

    Post #5 looks like a sensible suggestion, if I do so say myself
    Originally posted by TheShape
    Great minds etc (or, fools seldom differ )
    Originally posted by AnotherJoe
    Sorry guys! I thought a more condensed post might be more helpful for everyone I should have just edited the original one to be fair...

    Post #5 certainly is a sensible suggestion, thanks
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