Extra payments.

CTT_2

I have a mortgage with Nationwide and with extra payments could pay off in 10 years. However if I do this I would not at the moment in time be able to pay extra into my companys pension scheme. The mortgage rate is 4.89 percent fixed for 10 years. Any advice appreciated.

lisyloo

I don't think it has to be an either or.
Presumably you can chose the amounts so you could do both if you chose.

There is no obvious answer to which one is "better".
Both are good things to do.

Why not consider doing both (at whatever propertions you feel happy with).

Note that you should make sure you have a few grand in cash availabel for an emergency. Preferably in an ISA.