What can I do with 50k

[Thatsinteresting]

I'm about to inherit approximately £50k. Both DH and I are mid 40s with 3 dc. Our mortgage is around £150k and we overpay around £1000 a month. My pension pot is 40k, DH 250k. We only have around 10k in savings. I know I should see a financial advisor but I don't even know where to start, do they even deal with such small sums? Inheriting feels like an opportunity that we shouldn't waste. DH says we should pay it towards the mortgage but we have a 10 year low rate fix so I think the money could do more elsewhere. Should I look at BTL or is that just ridiculous?

I'd be very grateful if someone could help me understand what I should be thinking about and if it's worth me seeing an advisor?

Trading 212 has just reduced their interest on cash ISA to 4.9% but it’s still a very decent interest rate without restriction on how many withdrawals

Tbh your pensions are very small so I would keep things simple and top them up

I would take the opportunity to permanently increase pension contributions to a much higher rate.
It's a much higher priority than savings for the DC IMO. You need a much bigger pension pot between you for a comfortable retirement which will be here before you know it!

Easy. Send it to me . Seriously, I'd see a financial advisor for a big inheritance like that. It's a life changing amount and you want to be sure it's put to the best possible use.