QA54 - Listener Questions, Episode 54

About this episode

In this Meaningful Money Q&A episode, Pete Matthew and Roger Weeks answer listener questions on key UK personal finance topics, including long mortgage terms, pension contributions, ISAs, investing property sale proceeds and planning for retirement with confidence. They explore flexible ISAs, SIPPs, Junior SIPPs, Gift Aid, money market funds and the £100k tax trap, with practical guidance for UK savers and investors. The episode also looks at financial literacy, how to teach money skills, and how to balance pensions, ISAs and accessible savings when building long-term financial security.   Shownotes: https://meaningfulmoney.tv/QA54    01:23  Question 1 Hi Pete & Roger, I'm a chartered management accountant so maybe I should know this but clearly not. I'm wondering is there a financial disadvantage of just taking the longest mortgage deal you can (i.e. 40yrs for example) & then each time it's up for renewal don't worry too much about reducing the term. As long as the mortgage interest rate is lower than the average long term return you'd expect on the stock market (say min 6%), is it not just best to pay lower monthly mortgage payments each month and keep the spare m