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standard life endowment mep
HarryS
Posts: 93 Forumite
Hi, I have been worried about my shortfall (currently £17,000)on my mortgage ending Aug 2011 and my annual statement received today mentioned MEP. It is Standard Life. But it says calculation will only take place when the plan matures and something about 6%. I really do not understand the jargon - could anyone, dunstonh maybe? help me out in laymans terms? I would just like to know how the MEP works and if I would be eligible? and, if possible an estimate of how much? or, if anyone has experince from Standard Life? sorry, rambling a bit! thanks for any help.
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Comments
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Not something I'm particularly familiar with, TBH.
Here's Standard's guide;-
http://www.standardlife.co.uk/1/site/uk/help/existing-customers/mepI am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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