Selling Standard Life Endowment Policy

thomasperfecto

I've just read this article about surrendering Standard Life Endowments...
http://www.surrendalink.co.uk/news/latest/

Is there any risk involved in selling a policy or in just getting a quote? I'm thinking the extra money on top of the shares may be enough to pay of the mortgage.

Thanks!
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Anniek1969

We're thinking of doing the same with our policy as we are changing to a repayment mortgage so they money will be useful to clear some debt so our monthly outgoings will go down which will enable us to take our mortgage over a shorter term. I was originally going to surrender it but after reading some of these threads I think it would probably be better to sell it on.

Anyone had any experience with this? I would really appreciate your views on this.