Can anyone help on Endowment Miss selling?

glennj22

Hi there. Maybe someone can help. Back in 1995 I took out a mortgage with a seperate endowment( endowment was £100 month approx). I paid this for about 15 months before my partner at the time and I split up and sold house. Neither of us could afford to take on the mortgage or endowment so they both just 'ended'. We were still 'Miss sold' the mortgage I suppose but have very few details, only that it was with Liverpool Victoria at the time.

Is it worth me claiming because of the short space of time we had it. Not sure how they work the compensation out.

Please advise whether it's worth it doing my research and contacting Liverpool Victoria or not. Your help would be much appreciated!!

Yours hoping

Glenn

dunstonh

Is it worth me claiming because of the short space of time we had it. Not sure how they work the compensation out.

It will be a waste of time.

If the complaint was upheld, they would calculate the difference between endowment mortgage and repayment mortgage for the period the endowment was used against the mortgage. So, 15 months difference between endomwent and repayment, especially in the early years is going to result in nothing.

glennj22

ok, Thanks for your help. Just needed to know !!