Looking for some advice. Have outstanding mortgage of €270k and €200k in cash. Am considering trading up in next 1-2 years. Should i pay down large lump sum of mortgage to reduce payments or hold onto cash for trading up down the line. Currently paying 3.15% interest on mortgage.
Is there any disadvantages when trading up in having to wait for house sale to get your cash back?
Is there any disadvantages when trading up in having to wait for house sale to get your cash back?