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Endowment missed payments, What to do?
todgerman
Posts: 3 Newbie
I have an endowment but have recently re-mortgaged to an interest only mortgage. The problem is the endowment has'nt been paid for about 3 years.
I need to know the best way to go about this, either, cash in with penalties, leaving me around £500. or pay back the payments and get the full amount when due. Will the company I have the endowment with payout the full amount has they told me they would, or is there some way because I missed payments, they could change the goalpost, so to speak. Hope this makes sence.
Thanks, Wayne.
I need to know the best way to go about this, either, cash in with penalties, leaving me around £500. or pay back the payments and get the full amount when due. Will the company I have the endowment with payout the full amount has they told me they would, or is there some way because I missed payments, they could change the goalpost, so to speak. Hope this makes sence.
Thanks, Wayne.
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