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Mortgage v saving
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OR should I increase payments on my pension which I only put in 48 pounds and the company puts in the same (max).
Worth considering while interest rates remain low. As your contributions will receive a 20% uplift from the tax rebate. As and when interest rates rise you could then reduce the pension and increase the mortgage.0 -
Thanks Thrugelmir, that seems to make sense. I just need to check to see if I can increase and reduce on my pension payments as and when required without any penalties. i have no clue on pensions
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