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  • From a credit risk perspective, paying it off would mean that you were a much safer bet for lenders.

    From a credit score perspective, i.e. how much money lenders could make from lending to you, that's a bit more here or there.

    Also worth noting that, since 1997, the house price index had gone up by a multiple of 4.5, the FTSE 100 has gone up by 43% (peaking at 49% in 2017), and the FTSE All-Share by 74% (peaking at 175% in 2017).

    Of course, you may be a shit-hot active investor, able to pick the top & bottom of the market, and spot unicorns before everyone else. In which case, the crypto markets are waiting, forget the house.

  • Isn’t the “property vs shares” comparison irrelevant though - as if you have title to the property, you already have the exposure to housing market (regardless of whether you are mortgaged or not)?

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