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Misold mortgage endowment
Geordie_17
Posts: 2 Newbie
My Wife and I took out a mortgage in August 1987,as I was in the forces at the time and was posted to the Falklands we took the advice of the Estate agent who was at the time I think an agent for ( Commercial Union which later was taken over by Aviva ) to take out an endowment mortgage as it would pay off the Mortgage and pay out extra, does anyone think it is worth processing a case for this.
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Comments
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does anyone think it is worth processing a case for this.
Multiple issues here
1 - its pre-regulation (april 88)
2 - Aviva timebarred the vast majority of their endowments between 2003-2009.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Thank you for the replys, but I might still give it a try as there is nothing to lose,and after seeing your replys if I don't succeed I won't be disappointed.0
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Geordie_17 wrote: »Thank you for the replys, but I might still give it a try as there is nothing to lose,and after seeing your replys if I don't succeed I won't be disappointed.
Ok. You need to send your complaint to the estate agent as they sold it.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Geordie_17 wrote: »does anyone think it is worth processing a case for this.
No, for many reasons. Time to get on with your life.0
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