Endowment taken out circa 1988 mortgage lender cannot trace it

faldo55

I took out an endowment mortgage through Abbey National in 1987/88
In May 2000 the endowment stopped being paid and the house sold in 2001 paid off mortgage (mortgage circa 30k house sale circa 80k)
Santander and Royal Life are unable to find the endowment policy using name/ address/ DoB
Am I contacting the correct companies?
Would the endowment policy have been automatically cashed in against the mortgage redemption?

McKneff

Why did the mortgage stop being paid. 
Mortgage and endowment policies arec2 completely separate  entities and would have been paid to 2 separate companies. 
A mortgage provider and an insurance Company. 
Not connected at all

Did anyone cash it in. 

faldo55

House was sold so cleared mortgage
Santander and Royal Life have both said they wouldn't cash in without both signatures, and if we hadnt cashed it in by time it reached maturity they would send check out to last known address (we had then moved on), if chq not cashed within 6 mths it would be on record
Do you know who Abbey National used for their endowments back then, were there many companies?

Thrugelmir

Santander didn't acquire Abbey until 2004. Old documentation may well have been destroyed by now. 

sammyjammy

You could try Winterthur Life, thats who my endowment through Abbey was with but it was a few years after yours was taken out.

TadleyBaggie

Both my Abbey National / Endowments were through Scottish Amicable.

McKneff

faldo55 said:

House was sold so cleared mortgage
Santander and Royal Life have both said they wouldn't cash in without both signatures, and if we hadnt cashed it in by time it reached maturity they would send check out to last known address (we had then moved on), if chq not cashed within 6 mths it would be on record
Do you know who Abbey National used for their endowments back then, were there many companies?

You would normally clear the mortgage from the proceeds of the endowment policy. That's what they are for. 

If that didn't happen, how did you pay the mortgage off

McKneff

Why did you stop paying the endowment policy

MWT

faldo55 said:

I took out an endowment mortgage through Abbey National in 1987/88
In May 2000 the endowment stopped being paid...

That would suggest that the endowment was cashed in at the time the payments stopped...

kingstreet

Pretty much all of the old with-profits offices have either closed or sold-off their savings book to Phoenix or Resolution

https://www.thephoenixgroup.com/

https://www.resolutionlife.com/

they may be worth a try if you are looking for a paid-up policy