![Shocked :shock:](./images/smilies/icon_eek.gif)
We then moved to a more expensive house 15 years ago and took out a cracking offset mortgage deal at 0.95% above BoE. I can't remember when we got to a fully offset position but it must have been over 10 years ago. We decided to keep the mortgage deal open as a source of cheap money but rarely used it. It has 6 months to go and we definitely won't use it now.
So today I phoned up to formally close it down. After they moved my offset money across to the mortgage account, the Customer Services person said "it must feel great to have paid off your mortgage". Of course it should but I hadn't considered that we had a mortgage for years! But technically we did. The lender still had a hold over our property which was registered with the Land Registry.
I had also been puzzled for ages that we were still paying small amounts of mortgage interest by DD, despite being fully offset. I still didn't get a decent explanation why, but it has been reducing our outstanding loan so we now have a credit balance of about £1,500. A bonus!
![Smile :)](./images/smilies/icon_e_smile.gif)
So a strange sensation to pay off a mortgage that I always felt we had paid off, if you see what I mean.
![Confused :?](./images/smilies/icon_e_confused.gif)