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Pay off Interest Free mortgage with parents or increase pension?
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Hi Dunstonh.
Thanks for your advice.
I started a pension 14 years ago and have recently found out that it only worth £16,000. During that time I always invested as much as I could afford. My financial situation has recently changed and I now have the ability to pay more which is why I'm now looking into the best way to invest my money.
At the time my parents offered the financial help they mentioned that it was interest free and not to over stretch myself to pay it back. However my heart says my priority should be to repay their kind loan. This morning I spoke to my parents about their expectations on the repayment and they will discuss it and let me know.
Thanks again
RCG0
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