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Endowment Express does not offer personalised financial advice and all transactions are on an execution only basis. Always consult an independent financial adviser if in doubt.
Friends Provident Endowments
A large number of with-profits mortgage endowment policies have been sold by many companies including Friends Provident and, unfortunately, some of these may not be worth enough to pay off the mortgage. The shortfall in pay-out that may amount when such policies mature means mortgage debt may have to be refinanced in some cases. As some of these endowment policies have not lived up to expectations and, despite mis-selling complaints and demands for compensation, the policy value of some endowments may disappoint. Surrendering them to the life company is only one option and in some cases may secure a lower return than can be achieved elsewhere.
Do you need a short term uk loan to tide you through to next payday? A payday loan uk is convenient for emergency home repairs, dental work, or a quick vacation.
About Endowments
Millions of endowment mortgages were issued in the previous decades and some endowment policies are not expected to pay off the mortgage they were designed to cover. Endowment policies are complex financial assets that blend life assurance and investment value in one product. From flexidowments to unit linked endowments, they were a great financing idea but have failed to produce the returns they promised in some cases. Now, some of those who own policies are selling them on the second hand (secondary) endowment market as an alternative to surrendering their endowment.
UK Mortgages
Rising debt problems are making UK homeowners consider home remortgaging, selling
their home, and selling their endowments as possible solutions to financial circumstances. The endowment mortgage problem adds
to the worries of homeowners. While Endowment Express does not offer personal endowment advice, we do
offer a service which can help sell
endowments for more than their surrender values. If you would like to sell Bradford Bingley endowments, consider Endowment Express first.
You may decide that it’s worth getting a free quote on the value of your
Friends Provident endowment policy today. If so, just fill out the details of
your policy on our form and provide your contact info and we'll get an endowment quote for you.