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!

help please deeds

we have just recived a letter from phoneix insurance
our endowment matures in june
we have recived a letter from them asking for deeds of reassignment we have deeds of reassigment which is for our last propety is this is what they want many tks

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    What they are after is also known as a Notice of Release. In the past your policy has been assigned to a lender to secure your mortgage. Phoenix now require confirmation that this lender no longer has any interest in the policy.
  • rothchick
    rothchick Posts: 167 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Its also known as a Letter of no Further Interest from the lender that the policy was assigned to. If you don't have that from your mortgage lender and your mortgage is paid off than just call them and one will be sent to you or Phoenix. If you still have a mortgage and are using this policy to pay some or all of it off than its a slightly different procedure that I'm sure your lender will talk you through

    HTH
    I love a bargain and saving money! I don't have any debts and mortgage repaid in 2020
  • mondeoglx
    mondeoglx Posts: 42 Forumite
    we have a letter from our building society
    on the bottom of the letter
    says that all moneys intend has been recived and hereby re asign the writen mentioned policy nos
    is this what they need
    many tks for your help
  • rothchick
    rothchick Posts: 167 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Sound like the right kind of letter. Might be worth checking with phoenix as I'm sure you don't want any delays getting your matured funds in june
    .
    I love a bargain and saving money! I don't have any debts and mortgage repaid in 2020
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

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

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.