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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
selling a unit linked endowment
dowber123
Posts: 1 Newbie
Help I need to raise some money as i am seperating from my husband
I have a unit linked endowment which I would like to consider selling on I tried using the ma service but the agent I was put in touch with dont buy unit linked
I dont even know what this is !
The company I bought it from has made me an offer but I hear that you should shop around
The policy is due to mature in 2020
Hope someone can help/has been in a similar postion
I have a unit linked endowment which I would like to consider selling on I tried using the ma service but the agent I was put in touch with dont buy unit linked
I dont even know what this is !
The company I bought it from has made me an offer but I hear that you should shop around
The policy is due to mature in 2020
Hope someone can help/has been in a similar postion
0
Comments
-
As a unit-linked plan always has an explicit surrender value based simply on number of units held multiplied by today's unit price, there is no second-hand market for such plans.
If you do not wish to surrender, ask your provider if it has any policy loan options.I am a mortgage broker. You 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. Please do not send PMs asking for one-to-one-advice, or representation.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 247K Work, Benefits & Business
- 603.6K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards