RE: Onwards and upwards13 Jan 2026 07:50
"Why would you want to pay your mortgage off?" I get that it's not, on the surface, the best financial choice to early pay a mortgage, especially if you've got a good rate, however, when we paid ours off, it gave us the ability to put a lot more into our pension for starters. The (say) Β£2k net that was going to the mortgage, went to salary sacrifice and became about Β£3,500 pension contribution. Add to that the peace of mind that no matter what happens, I own my house outright, that decision has absolutely been worth it.