I have this method to tackle the mortgage war.........i have gone gureilla
pay an interest only mortgage of e.g. 3% and then put the possible repayment portion into an ISA e.g. 3.5%........in the long run ,rather than pay off the principle of the mortgage I could put the money away and make a profit of 0.5% and not only that if we run into a bad reccession then you have a money store which can be used to pay your mortgage payments and hold onto your house or you can say bugger this and make off with the money you saved and leave the keys with the bank???
everyone insists i am wrong and only a repayment mortage is smarter......what do you guys think?