I have had short-term fixed re-mortgages for a number of years coupled with a personal pension scheme and endowment policy, to be able to pay the mortgage off at the end of its term (in 2013). However, I intend to pay off the remaining mortgage at the end of the year, (at the time of having to take
Many homeowners took out endowment policies expecting them to pay off their mortgages but have recently been alarmed to discover that this will not be the case. Your endowment could be thousands of pounds off target with no way of you finding this extra cash.
What Can I do?
This is where endow
I have just completed a 15 year life endowment policy which gives me a lump sum next month. I now need to take out more life cover but would like a similar arrangement where i get a return in say another 10 or 15 years but i dont understand if it is unit trusts or what it is I need to get. Can anyo