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Lump Sum Mortgage Repayment
dosh1
Posts: 121 Forumite
I want to pay off £10,000 on my mortgage and keep £10,000 for a rainy day (most days in England)! 
Do I take out the money in a bank account paying 3% OR from a Cash ISA paying 2%.
How to forecast the future e.g. will CASH ISA account interest rates rocket and become better paying than bank accounts as interest free is much more appetizing or will banks pull the plug on high interest accounts?
What would you do and why?
Do I take out the money in a bank account paying 3% OR from a Cash ISA paying 2%.
How to forecast the future e.g. will CASH ISA account interest rates rocket and become better paying than bank accounts as interest free is much more appetizing or will banks pull the plug on high interest accounts?
What would you do and why?
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