Selling endowments - recommendations please

PPJ

Hi all,

I have a couple of endowments which I am probably going to sell, because of impending emigration.

Has anyone here sold an endowment? If so, who did you use? Did you get much more than the value offered by the endowment provider? Were you happy with the overall service?

Any info appreciated.

Thanks,

PPJ.

Mushy61

Try here


http://www.apmm.org/


I'm in the process of trying to sell mine through this company and have four offers from different companies since I contacted them last week.

PPJ

Mushy61 wrote:

Try here


http://www.apmm.org/


I'm in the process of trying to sell mine through this company and have four offers from different companies since I contacted them last week.

Thanks.

How do the offres compare with the surrender value?

Mushy61

My surrender value is approx 8500 and they've all more or less offered £650 above surrender value.

dunstonh

The better endomwents or those with high surrender penalties are in demand. The rubbish ones and/or those with low surrender penalties are not.

PPJ

dunstonh wrote:

The better endomwents or those with high surrender penalties are in demand. The rubbish ones and/or those with low surrender penalties are not.

Thanks. My policies are with Standard Life and Legal and General. How sought after are they, generally?

EdInvestor

Not very.Small premium only if there is interest.

PPJ

EdInvestor wrote:

Not very.Small premium only if there is interest.

Oh well.

Just checked the surrender values anyway. Good news is that the L&G one has already exceeded the original target value, with 2.5 years still to run.

The Standard life one is looking pretty dire. Currently worth about 50% of the target value with 5 years to run.