I have just purchased a property in oxenford, for 360000. Its a 4 bedder and 2 bathroom. From when i first got approval I had 37000 of a deposit. I now have 55000 saved and I was wondering should I use the extra money I have saved to purchase another property or should I just pay off the property I have purchased. Its a variable loan. What would you do? I was thinking of borrowing another 250000 and buying around ipswich.