hmm. okay, we need to have another read of the mortgage then, I don't remember it being a requirement.
our thinking was that death in service payout would cover short term repayments, but neither of us would want to stay in a big old house if the other one died, so we would want to sell it relatively quickly and downsize. of course if at that point we were massively in negative equity it would be a problem...
hmm. okay, we need to have another read of the mortgage then, I don't remember it being a requirement.
our thinking was that death in service payout would cover short term repayments, but neither of us would want to stay in a big old house if the other one died, so we would want to sell it relatively quickly and downsize. of course if at that point we were massively in negative equity it would be a problem...