My house
(yes, can finally say this). Just paid off the last redemption amount after a total of 35 years ! Of course, the original £5,500 mortgage has been added to over the years what with: paying off ex husband, loan for improvements, school fees, shortage on endowment .... so after this elation now what ? May be property rich, but not cash rich. Don't really wish to sell (probably can't anyway), equity release looks a bit dodgy at the moment...especially as just received a flyer from Aviva (ex Norwich Union) who got me into the endowment shortage in the first place !!
Not interested in leaving owt to my kids ... they doing OK, and could possibly end up being sold off for services in a care home.
I want to go out there and enjoy myself in the way I have been accustomed to before retirement. Any serious suggestions welcomed...
Had to laugh though, letter from building society confirming end of loan:
"Your account is now closed and there is no outstanding balance remaining. Your title deeds will be sent to you in due course, as requested."
Not a sign of "Thank you for placing your business with us and being prompt with your payments, we wish you good luck and health for the future, and if the occasion should arise if we can be of any further assistance, then please do not hesitate to get in touch. In the meantime, please accept this bottle of champage and floral display for your much appreciated business" ....