06-03-2016, 10:47 AM
1
At last
Finally, after what seems like an eternity we are about to pay off our mortgage, the money from the endowment came through yesterday, and with our savings ( to make up the shortfall that most of these mortgages have) we can pay the outstanding amount,and a bit left over, yipee. Just need to dot the I,s and cross the t,s and then its done,
it is indeed a lovely moment to feel after all those years of hard work your home is yours 
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06-03-2016, 11:48 AM
9
Re: At last
When I had a mortgage in the early 60s it was £19.75 a month, fixed for 30 years.After 6 years I paid it off after receiving an inheritance.
Some said it was not a thing to do. Could they have been right?
Thinking about it, as time went by the £19.75 would have been nothing as the £ decreased in value as what it is worth today.
But back then it was a great relief for me to be able have to find that money.
06-03-2016, 12:15 PM
10
Re: At last
I was the first person in our family, a working class family, to buy his house and my brothers did their best to talk me out of it- 'a millstone round your neck' they said. Before many years had passed all four of my siblings were also buying their houses, at a discount because they were in council houses.|
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