Business Relief Seminar
This week I had the pleasure of co-hosting an event at the Shard in London with Sarah Skelton and Raphaella Phelps at…
05.03.2026
Should I overpay my mortgage or put extra into my pension?
I get asked this all the time… There isn’t a one-size-fits-all answer — but there is a simple way to think about it. Overpaying your mortgage 🏡
When you overpay, you:
-
Pay less interest overall
-
Become debt-free sooner
-
Get peace of mind
It’s simple and feels secure.
But there are no tax benefits, and once the money is in your house, you can’t easily access it.
Paying more into your pension 📈
When you increase pension contributions, you:
-
Get tax relief from the government
-
May receive extra from your employer
-
Benefit from long-term investment growth
That combination can be powerful.
The downside? Your money is locked away until minimum pension age, and investments can go up and down.
So what should you do?
First question:
Are you getting the full employer match on your pension?
If not, start there — that’s effectively free money.
After that, compare:
-
Your mortgage interest rate
-
The value of your tax relief and employer contributions
For many people, the best answer isn’t one or the other. It’s a balance of both.
The right decision depends on your tax position, mortgage rate, long-term goals and how you feel about debt.
If you’re unsure which makes more sense for you, it’s worth running the numbers properly — the difference over time can be significant.
I am a Chartered Financial Planner, fully authorised and regulated to provide financial advice. With extensive experience across pensions, mortgages, and estate planning, my focus is on helping…
Business Owner, Personal development
Why coaching can accelerate your journey as a new...
Starting a business often means wearing every hat at once: strategist, marketer, finance lead, salesperson and delivery…
Inclusion, Engagement, Workplace culture
Thoughts that don't always get said at work: More...
Hello out there,
If the last few years have shown us anything, it’s this:
We don’t have a shortage of tools,…
More Articles
Business Relief round table event @ The Shard, London -...
Are your clients truly preserving Business Relief after exit?
With recent changes and the £2.5m allowance, many…
Business success, Workplace culture
Strong Businesses Are Built on Strong Cultures
I’ve never really liked the term HR. For many, it carries a negative association, the department you only meet when…
Effective Leadership, Facilitation Training
The Difference Between Training That Lands... and...
We talk a lot about “raising awareness” through training.
But awareness alone doesn’t change behaviour.
The Ebbinghaus…