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  • FIRST POST
    • Twoods
    • By Twoods 8th Jul 17, 11:55 AM
    • 1Posts
    • 0Thanks
    Twoods
    New endowment
    • #1
    • 8th Jul 17, 11:55 AM
    New endowment 8th Jul 17 at 11:55 AM
    Hi there

    I let my endowment go a few years back and need to start paying into something that will cover the mortgage, is an endowment still the best option?
Page 1
    • Edi81
    • By Edi81 8th Jul 17, 2:49 PM
    • 273 Posts
    • 160 Thanks
    Edi81
    • #2
    • 8th Jul 17, 2:49 PM
    • #2
    • 8th Jul 17, 2:49 PM
    How much is outstanding on the mortgage? Could you convert to a repayment mortgage?
    • AnotherJoe
    • By AnotherJoe 8th Jul 17, 5:55 PM
    • 7,228 Posts
    • 7,738 Thanks
    AnotherJoe
    • #3
    • 8th Jul 17, 5:55 PM
    • #3
    • 8th Jul 17, 5:55 PM
    Hi there

    I let my endowment go a few years back and need to start paying into something that will cover the mortgage, is an endowment still the best option?
    Originally posted by Twoods
    No. Just pay extra per month to effectively make it a repayment mortgage, or take out a repayment mortgage instead.
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