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Sell shares to pay off endowment shortfall?
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tonybv9
Posts: 1 Newbie
We have an £89k mortgage shortfall. We can extend to pay it off, or sell some shares. We're both 55, I work part time and my wife full time. Our repayments would be around £700 a month, so it seems logical to me to pay the mortgage, especially as interest rates could go up. Our shares are a retirement nest-egg though, so it's a dilemma. Any comments please?
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Would you trigger a Capital Gains charge if you were to sell the shares?0
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