M Muffinb Registered User Messages 175 1 Sep 2009 #1 We are hoping to sell site and after CGT we might have maybe 120K Wondering what is best advice as to what to do with it... Do we pay off PPR morgage which is 325 over 25 years in a lump sum, pay off slowly by overpaying each month or save the money somwhere else... Anyone any ideas??
We are hoping to sell site and after CGT we might have maybe 120K Wondering what is best advice as to what to do with it... Do we pay off PPR morgage which is 325 over 25 years in a lump sum, pay off slowly by overpaying each month or save the money somwhere else... Anyone any ideas??
S sparkeee Registered User Messages 466 1 Sep 2009 #2 whack it off the mortgage,should save you more on interest on repayments than interest made on savings.
whack it off the mortgage,should save you more on interest on repayments than interest made on savings.