Quote Originally Posted by lardy View Post
If they've dropped 60% they're a long way off making a profit. They'd need to go up 150% just to be back at the purchase price.
It didn't pay off any of the mortgage we converted and paid that via a 100% mortgage payments as we didn't want to rely in endowment , we kept paying the endowment as it was fixed and low in payment simply used it as a savings/ life insurance plan, It worked out it delivered a decent savings intrest rate in the end , over the 20 years , not a fortune but happy with that .