That’s good. Question is what interest rate are you paying on the last bit of the mortgage? Can your savings make more money in an investment isa etc? Savings accounts are still paying high rates. It’s tempting to pay off a mortgage quickly but it’s not always the best option.
Yeah, paying off mortgage vs investment is definitely another decision. But if purely looking at paying off vs offset then I’m not sure if there’s a downside to the offset
That’s good. Question is what interest rate are you paying on the last bit of the mortgage? Can your savings make more money in an investment isa etc? Savings accounts are still paying high rates. It’s tempting to pay off a mortgage quickly but it’s not always the best option.