Redemption day

So on a (probably) cold January day in 1997 I moved into my first house and paid my first mortgage payment. Twenty-five years later I’ve just paid my last. It was an interest only mortgage that has been offset for years so has never cost me anything. The capitol has slowly been cut down as they still take the interest amount, so been acting like a small repayment mortgage. But today is the so called ‘Redemption day’, they give you a figure and you pay it and bye bye mortgage. That payment has now been made. Where did that twenty-five years go? The endowment came out last December. That’s it now, apart from the final balance (I think they owe me some), it’s over, the house is mine. Aged fifty. I supposed I should be happy, but one form of anxiety soon replaces the last one. I’ll now just be obsessed with pension pots and fund portfolios.

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