Pension flexing prior to remortgaging

[bainbridge]

Hi all

I'm currently paying 5.5% of my salary towards my pension and my employer is contributing 15%

I can flex my contribution at any time.

Our five year fixed rate mortgage ends in May 2025.

In my layman head it makes sense to flex my pension contribution down to nil to maximize my take home pay and therefore maximize my borrowing potential.

Then, once the mortgage is all done, flex it back up.

Is there any sense to this?

If so, when should I do it?

6 months before May 2025, or now?

Thanks

 

[bainbridge]

Thanks folks for your responses.

Admittedly 5.5% isn't that much difference but I figured every little helps.

The pension not counting regarding affordability does make sense actually because I ran through a mortgage questionnaire for a firm that my employers are affiliated with and they didn't ask about pension contributions so evidently aren't interested.