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Mortgage rate too low?
Comments
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"i'd rather not say who it's with in case it is an error on their part."
LMAO how would they know give they don't know your name, address or mortgage account number?
Love it0 -
I'm mainly asking because I had a redundancy payment earlier in the year and I was thinking the best (and safest) thing to do would be to use it as offset against the mortgage - but am now thinking i might be able to get more interest putting it into a savings isa which pays more than my mortgage interest.
In 20 years time you need to find £72k to repay the mortgage. If you've received a redunancy payment then I assume you no longer have a regular income. So I suggest you think carefully what you do with the money.0
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