UK ENDOWMENT MORTGAGE CLAIM FACTS

Millions of policies are predicted to fail to pay off the mortgages they cover because they face serious shortfalls and are eligible for an endowment mortgage claim.

FACT :- Over 10 million people face a shortfall

FACT :- Only 10% have claimed compensation

FACT :- Most policy providers time bar

Regular monthly premiums are invested and the idea is the fund produces enough capital (the Target Sum Assured) at the end of the term to pay off the loan.

You may face a projected shortfall at maturity if the proceeds from your policy won't reach this target and you must find an alternative means to pay off this part of your debt. You may be eligible for an endowment mortgage claim

The majority of consumers neither understood the effect, nor the consequences of this outcome because they believed the policies were either safe or guaranteed to meet their loan liability.

Policy providers are required to provide you regular projection statements. These explain how your policy is actually performing against target amount using assumed rates of return. These statements are also known as either re-projection or warning letters.

Although there may be many reasons why a policy may not have been suitable for you and if you were not informed of the risks associated with using an investment product to repay your loan then we believe you may have strong grounds for complaint and an endowment mortgage claim.

If you have a projected shortfall or you are just worried, you should contact us immediately. If you would like free advice either complete and send the contact form or call the helpline and an expert adviser will discuss your potential no win no fee compensation claim at no cost to you. If after discussing your claim with us you wish to take the matter no further then you are under no obligation to do so and you will not be charged for our initial advice.