windrush:
We did it a couple of years ago, a Martin Lewis article prompted us into finally deciding. The mortgage had been paid off and we have no dependants to leave anything to so did it to have some reasonable quality of life in our old age as none of us know how long we have and Mrs Windrush has a progressive illness that will only worsen and my health isn’t brilliant nowadays either. Downsizing wasn’t an option, we live in a small house anyway. It doesn’t suit everyone of course, it depends on your individual circumstances really. There are various hidden costs involved though, an independent financial advisor doesn’t work for £5 an hour and neither do solicitors, their fees are taken from the final amount.Pete.
Thank you for that sounds pretty much what I was after,good luck to you and the missus.