One of the best things I think I did was not buy the next house up in the rat race. About ten years ago I bought cash a small flat when prices in the area were low (50 percent less than now even with the recession etc) at its peak maybe its was worth a few tens of K (more a lot of reasons why our flat has not been affected to much mainly due to location and the area being far better than ten years ago for many reasons).
The flat is small and cramped but having saved like crazy am still wondering if we really need a bigger place in the near future at least in the UK that and not bothering with a motor (hire or loan one from work as needed) OK practical living in London but I guess out in the sticks not so easy
With Interest rates almost certain to rise due to inflation taking off I would definitely be paying all I could I had of any mortgage and im guessing probably a good idea to get a fixed rate deal with very uncertain times ahead.
I think somehow Mortgage rate increases will beat the savings interest at least in the short term..
