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Should we pay off our mortgage in full?

The Guardian - 15 Oct 2015 08:00
Should we pay off our mortgage in full? We will soon be in a position to repay the capital sum on the house but have heard that keeping a small amount outstanding is sensible Q Quite by accident when tidying paperwork I noticed that I have critical illness cover on the insurance for my mortgage. A year and a half ago I needed a heart bypass operation and this allowed me to claim on the policy. We have close to two years remaining of a repayment mortgage to pay. The balance is between £9,000 and £10,000. We also have a £1,500 loan t...
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