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  • I guess it's pretty simple for me really: high interest rates it's probably better to reduce mortgage debt because I'm not the kind of person that can make good investment choices (I just don't care).
    If the interest rates are low, then maybe I could chuck more into ISA or pension.

    It's the question about what is high and low that I'm less sure about.

  • Big factor is how much you earn - as you get tax relief on pension contributions, so £1 in doesn't cost you £1 or foregone spending cash, whereas you don't have that benefit from mortgage.

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