We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Should I pay off all or half?
jarv81178
Posts: 108 Forumite
Hi, so I’ll soon be in a position to be able to pay off all my mortgage £200k! Great! A friend of mine recently said don’t pay it all off if you intend on moving somewhere bigger in next few years!
What should I do?
If I paid half and then if I saw the perfect bigger house could I then put down £100k on that house with intention to sell my place and get a smaller mortgage than my current one?
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.8K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards