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surrendering mortgage endowment

kstar_2
kstar_2 Posts: 14 Forumite
in Mortgages & endowments
My husband has a Friends Provident policy and we were considering surrendering/selling on this policy, who is the best company to do this through?

Thanks

Comments

  • EdInvestor
    EdInvestor Posts: 15,749 Forumite
    You might get an offer to sell it, you never know.Try here:

    https://www.apmm.org

    You surrender the policy back to the provider, FP..
    Trying to keep it simple...;)
  • dunstonh
    dunstonh Posts: 120,881 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Many of FP's endowments are unit linked or unitised with profits (with access to unit linked funds). If this is one of those, then you cannot sell 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.
  • kstar_2
    kstar_2 Posts: 14 Forumite
    Thankyou both for your replies, we have also contacted Friends Provident about this policy and they said it is an international policy which might make it difficult to sell.
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