We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
help
Options
becky10
Posts: 1 Newbie
Hi martin
please could you help. my mum and dad thought they had an endowment mortgage but on completion of there mortgage the company said it was house insurance. They paid £35 a month for 15 years. In them 15 years they never received any policy documents or renewal documents. they took this policy out back in the eighties and in them times £35 was lot of money especial for house hold insurances only. please could you help with this matter
kind regards Becky
please could you help. my mum and dad thought they had an endowment mortgage but on completion of there mortgage the company said it was house insurance. They paid £35 a month for 15 years. In them 15 years they never received any policy documents or renewal documents. they took this policy out back in the eighties and in them times £35 was lot of money especial for house hold insurances only. please could you help with this matter
kind regards Becky
0
Comments
-
Not sure if serious....0
-
So what is it your trying to achieve?
Was the mortgage cleared in full at the end of the term or was it interest only? If it was repayment i would say your probably in a better position. If its interest only then obviously your not but tis a case of proving it and i suspect there will be some paperwork with their signature on.
who sold them the mortgage, you could do with having a word with them really.I am a Mortgage AdviserYou 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.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.8K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.7K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards