Big Les Wade
Oh, it's not a problem. We actually paid off our mortgage several yearsJohn Silver said:What notifications have you had since about your provisions for finally
paying of the loan?
Presumably the house you bought is now worth at least three times the
ago using windfall funds from other sources. And we got a bit of
compensation for mis-selling, which helped top up the maturity value
(which was indeed well below the loan value).
I just wanted to say that we *were* promised that the endowment would
cover the loan. Not in writing, as Anthony, with his comfortable
monopoly-protected income, gloats, but then no investment company will
ever give you any promises in writing. They rely on your naivety
The trouble is, of course, that this and other well-publicised scandals
have killed their goose. The frantic selling of share-ISAs before the
2001 stock market crash; the banks and their PPI; the life insurance
scam; and especially the private pensions disaster, have demonstrated to
my generation that you never ever believe what these people tell you.
And we are being very careful to pass that warning on to the next
I always laugh incredulously when I hear government ministers or
financial industry gurus "warning" that people are not putting enough
into their pension pots. What? Hello? You expect us to put some *more*
in, after what happened to the last lot?