We cannot decide what to do with the proceeds of the sale of another propertyQ Our question is a simple one: should we pay off our mortgage or use our savings to improve the house? We recently sold a separate property that I used for work and cannot decide what to do with the proceeds of the sale. Our home would certainly benefit from some improvements (we live in a wet and windy rural location). However, with the increase in costs of construction and supplies, we are concerned that this is not the time to undertake such work. In light of the expected increase in interest rates and continued rise in the cost of living, what do you think is the best choice? Continue reading…
Source : theguardian.com
Read more…Should we pay off the mortgage or use our savings for home improvements?
