Would you pay off more or move?!

[Ldaaat]

I’m in a house I like, 130k mortgage, valued at 270.

I would like somewhere a little bit bigger and nicer. This was my first buy and I was less than half the money I am on now, 4 years later.

Don’t need a bigger house but still hoping one day I might meet someone and then maybe I will. But my main concern is the investment side. Better to pay off more of this mortgage or take the current offer from the bank to lend a bit more and go for it while I’m still in a secure job? What makes sense do you think?

Stamp duty irrelevant in the sense I wouldn’t move in a rush just for that.

I'd stay put.

Do it now while you are in a position to move, and then make plans to not have to worry about it if anything goes wrong in the future, ie put in place redundancy, long term illness insurance

If you like the house and the neighbourhood I would stay put.

I’d stay put and pay off more, if you’re happy where you are. Then if and when the time comes that you want/need something bigger (maybe with a partner) you can choose something that meets your needs then and enjoy the process together, baring in mind they may also bring significant savings too.

If you buy correctly, thinking about resale - so the house is not only for your enjoyment but also for investment, yes, I’d move

While the stamp duty may not be your concern, it has created the opportunity for many to move so could help you sell.

As previous poster pointed out, make provisions in case anything hntieard does happen to you in future that you can ensure you cover your mortgage and running costs.