Also, I am not far from 55 years old which is the age I can my hands on my pension in the UK.
If I sell my house or even remortgage it.
I can then take the money raised and pay it into my pension.
For each 800 pound that goes in, the tax many adds 25% because I am currently a basic rate tax payer.
So 800 becomes 1000 and I can make 25% on any monies thus processed,
but the max pension contribution is 40k per year.
I can pay the re-mortgage with a fixed rate pension for a couple of years at about 2.5% interest,
then pay it off when I get to 55...
However, I'm a bit apprehensive about this whole idea
