I'd forgotten about that.
Back in olden times, we dutifully saved for 2 years, had good salaries, were married (to each other),
and took out a 25 year repayment mortgage. After a year or so the lender offered us a chance to change to an endowment
policy. We ignored it. They then wrote to say that as we had made no comment they would automatically change us to a brand new product that offered a pot of gold at the end of the rainbow,at no charge for the change....
Mrs NM who was much better at going ballistic than I, went
Ballistic.
The whole business stank. .. Endowments were cheaper for most.We decided at the start to take it on the chin and pay up as we went along and they had the fffing cheek to decide what was best for our future.
By the time the sham collapsed we had paid off the mortgage, and one on the Norfolk place as well,
(Which I am in the process of dropping on the steady shoulders of dutiful daughter)
Sorry Motormad .Wrong subject I know. But that as so many other well thought out schemes turned out to be a nightmare for many. The reminder from Andy Capp got my dander up. Calm down dear
ce