Hi there,
I'm looking for a bit of advice.
I'll be in a position before the end of the year to pay a bit extra off the mortgage.However I'm thinking about taking out a bigger mortgage in acouple of years.
My q is,should I hold onto my money now to fund a deposit in a couple of years,because I'm wondering that the banks will be reducing the size of their loans or should I reduce my current mortgage,thereby persuading the bank that I'm a "safe risk" & that they would give me a bigger mortgage.
Thanks