Pay off mortgage or invest in ISA

skylark76

So I have a mortgage which should be paid off in four and a half years at 1.94%. I can reduce the capital as much as I like whenever I like, but it would make sense to run it out to its term even if I reduce it right down. I have received a large sum of money which I don't need for ready use.
Question: Does it make more sense to sink it into my mortgage or should I place it into a stocks and shares ISA for 5+ years?
Any suggestions?
Thank you

Socajam

What is the amount left on your mortgage
What your monthly payment?
As yourself this: if you were to use this money, are you strict enough to deposit your current mortgage payments to recover this large sum of money?

NorthernMonkey1

How much is a large sum? There is a £20k limit on how much you can pay into an isa each year

No one can give you the right answer to this, its about an appetite for risk.

Do you think that a S&S isa will grow more than 1.94% in the next 12 months. It might, but it might also reduce in value.