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Endowment matured for Interest only mortgage

mamaG · 2016-09-04 19:35:24

We took out an Interest only mortgage in early 1992 and also a bonus builder endowmet policy to cover this. We received a letter recently telling us that the endowment had matured and that we could cash it in or leave it in the deposit fund, however there is a possibility we may get less by the end date of March 2017 than…

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mamaG Posts: 7 Forumite

6 September 2016 at 11:25AM

Thank You to all who have replied. We thought this would be the way to go, but sometimes it just makes more sense when you hear it from other people. Greatly appreciated.

MamaG:j
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