I've £10k sitting in my account after taking a dividend. I have not yet maxed out my and the wife's ISAs for the current tax year so that would normally be where I'd put it. On the other hand I have a mortgage (taken out May 2013) charging around 3.5% which allows me to overpay more than £10k each year fee-free.
I'll have more dividends before April but which makes most sense - get the mortgage payments reduced now with immediate effect seems best to me?
I'll have more dividends before April but which makes most sense - get the mortgage payments reduced now with immediate effect seems best to me?
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