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Thanks for the reply, this is all way over my head to be honest...
Basically, if you are fricken lazy, chuck it at your mortgage, assuming it doesn't trigger early repayment fees. You can't lose. You don't really win either. But there we go.
If you aren't fricken lazy, and like a little risk in your life, invest it. The return you get should beat the small but fo' sure return you'd get by paying down cheapo house debt.
Howard
Thanks for the reply, this is all way over my head to be honest... might talk to my mortgage guy because he has experience in explaining things to idiots.
Think our LTV is somewhere around 45%, maybe, the extra money could make it 55% or something in our favour, but then we couldn't blend the boundaries between the outside and the in, or some shit...