Endowment surrender.

beer_lover_2

Dont know where my last thread went? I am thinking of surrendering an endowment that matures in 2013, considering i am paying over £50 per month for the insurance for this mortgage I think it may be worth looking into to. Can anyone suggest where to look?

chuckles1066

beer_lover wrote: »

Dont know where my last thread went? I am thinking of surrendering an endowment that matures in 2013, considering i am paying over £50 per month for the insurance for this mortgage I think it may be worth looking into to. Can anyone suggest where to look?

Only your insurance company can provide you with a surrender value.

You then use this value to establish whether you can realise more by selling the policy to a TEP broker.

http://www.surrendalink.co.uk/ are the biggest; good thing about it all is it won't cost you a penny to (a) get a surrender value and (b) get a quote to sell.

EdInvestor

Post some information about the endowment:

Provider's name
Guaranteed sum assured
Declared bonuses
Surrender value
Monthly payment
Maturity date
Maturity forecasts

Interest rate payable on mortgage