Hi my wife and i are late 40's and she has just been made redundant.
We owe £306k on our mortgage and have approx £300k in cash.
What is the current thinking on best ways to save, pay off the mortgage, reduce the mortgage, make over payments, etc.
My wife will not be able to work again due to a medical condition which promted her redundancy.
Any advice or guidance gratefully recieved.
Mike
We owe £306k on our mortgage and have approx £300k in cash.
What is the current thinking on best ways to save, pay off the mortgage, reduce the mortgage, make over payments, etc.
My wife will not be able to work again due to a medical condition which promted her redundancy.
Any advice or guidance gratefully recieved.
Mike