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• How to check if your endowment can be sold
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If you took out an interest only mortgage some years ago, you could now
be in the situation where the endowment provider is predicting a shortfall
at maturity. These shortfalls can range from a few hundred pounds to many
thousands of pounds – either way, a predicted shortfall can understandably
create apprehension and anxiety.
This advice service is not intended to provide information on how to complain about the advice you were given, or even suggest that you take that course of action. Our only comment would be – if you generally feel that the endowment was sold to you under false pretences, you have the option to lodge a complaint with the provider or financial adviser who sold it.
NB: The suggestions made here are just that – every case needs to be considered carefully and there is no obvious right or wrong solution; it depends on your requirements and circumstances. You will be able to find out a lot of the costings and figures via this site, but if you are at all in doubt, just call us on 01952 616489
REMEMBER: WE DO NOT CHARGE A FEE FOR THIS SERVICE
