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Getting the most for my endowment.
kaneno1
Posts: 14 Forumite
I have a unitised with profits endowment attached to my mortgage which I intend to cash in and convert my payments to capital and interest repayments. The policy was with Equity & Law and now ran by AXA. On my unit statement it is listed as LCHP With Profit Fund. I am unable to find a unit price listing anywhere on-line, I would like to monitor the price and cash it in at an advantagous time. Is anyone aware of an on-line source for this information.
Thanks
Thanks
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Comments
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Cashing it in is the worst thing you can do. If you have to part with it there are places that you can sell endowments to. I have just overpaid my payments and at the end of 25 years ( next month) have been told there will be enough to cover the mortgage with a few thousand spare. There is a reasonably large terminal bonus attached to this policy which you will lose if you cash it in.
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