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Yeah, I mean basically if you are afraid of investing and you have debt, and the debt is pricier than the return on savings, pay off the debt.
If you are confident you can make the money work harder for you elsewhere, do that instead.
Howard-
LTV keeps reducing anyway because London ..
What about this tho?
If the value increases say 10% at minimum every 2 years and I keep remortgaging every 2 years ..
Owning the house 100% .. what does that exactly achieve? Frees up funds for next house? That I already have because I havent overpaid ..
I am genuinely seeking an answer for 'always overpay' rule.
amey
y?
genuine question.