no goals - wtd?

atush

I would invest new money, and leave your current offset as is- you c an always pay off the mtg later when rates rise.

I do not advise, as Edgasket suggests, as you would be 'spending' your emergency money on the mtg, then you c an t invest as you need to build up MORE emergency cash. Unless you have the guaranteed right to take the offset cash out again from the mtg, you need an emergency pot of cash before investing (outside of a workplace pension anyway).

principa

atush wrote: »

I would invest new money, and leave your current offset as is- you c an always pay off the mtg later when rates rise.

I do not advise, as Edgasket suggests, as you would be 'spending' your emergency money on the mtg, then you c an t invest as you need to build up MORE emergency cash. Unless you have the guaranteed right to take the offset cash out again from the mtg, you need an emergency pot of cash before investing (outside of a workplace pension anyway).

Using the offset for emergency cash is a good idea.
Perhaps I will do this and then invest only non offset money.
when the mortgage ends in 15 years - the offset will go.
so i have to pick an investment which will be low risk in 15 years
hmm...

atush

Over 15 years you can be in equities up to some point, as they outperform cash and bonds over longer periods.

Diversification is key. So look at Multi asset funds.