We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Selling an endowment mortgage policy..?
woodboy
Posts: 1 Newbie
My first post on here, so be nice please!
I've got a 15 year old unit-linked endowment policy. I no longer need this to repay my mortgage (good job, since its been a disaster) and am wondering what to do with the money invested to date? I have now stopped making further payments.Maturity is at year 25.
The question is, do I sell it on, leave it to mature, or just cash it in?
I'm sure I've been too brief for a fully informed reply, but what is the generall consensus please?
Thanks in advance,
Woodboy
I've got a 15 year old unit-linked endowment policy. I no longer need this to repay my mortgage (good job, since its been a disaster) and am wondering what to do with the money invested to date? I have now stopped making further payments.Maturity is at year 25.
The question is, do I sell it on, leave it to mature, or just cash it in?
I'm sure I've been too brief for a fully informed reply, but what is the generall consensus please?
Thanks in advance,
Woodboy
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.5K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.4K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards