{"id":60610,"date":"2017-07-13T13:00:00","date_gmt":"2017-07-13T06:00:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-paying-off-the-mortgage-a-better-bet-than-saving\/"},"modified":"2017-07-13T13:10:48","modified_gmt":"2017-07-13T06:10:48","slug":"is-paying-off-the-mortgage-a-better-bet-than-saving","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-paying-off-the-mortgage-a-better-bet-than-saving\/","title":{"rendered":"Is paying off the mortgage a better bet than saving?"},"content":{"rendered":"


\nWe\u2019re worried about the impact of Brexit on our moneyQ We are a family with some savings \u2013 around \u00a370,000 \u2013 but are worried they might be worth less once Brexit is decided: ie, the pound will go downhill.So if we want to put the savings into something, is it best to pay off a big lump sum on a mortgage of \u00a3135,000 with 12 years to run, or use the money to buy another property to let out? Or do both? The mortgage on our home is a two-year interest-only deal that expires in June. We save \u00a31,000 a month to pay off lump sums each time we switch fixed-rate deals. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Is paying off the mortgage a better bet than saving?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

We\u2019re worried about the impact of Brexit on our moneyQ We are a family with...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-60610","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-fLA","jetpack-related-posts":[{"id":34946,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fix-your-mortgage-rate-now-if-youre-worried-about-trump-and-brexit\/","url_meta":{"origin":60610,"position":0},"title":"Fix your mortgage rate now if you\u2019re worried about Trump and Brexit","date":"November 19, 2016","format":false,"excerpt":"\r Amid all the uncertainty in the UK and US, borrowers want security with their mortgage repayments. 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