Endowment mortgage compensation

 

Endowment Mortgage Compensation is not always easy to obtain, but making a complaint is free and if your complaint is upheld and you lost out financially, you will receive compensation.

According to the latest Government report of the 8.5 million endowment policies still in force around 80% are in danger of falling short of the sum required to pay off the policyholder's mortgage with the average shortfall being £5500 and it has warned the problem is likely to get worse.

The insurers are required to write to endowment policyholders every two years and inform them whether their investment is on track to meet the target sum. A Treasury Select Committee Report suggests as much as 60% of endowment policies may have been mis-sold.

For more information about an endowment mortgage complaint please click the link below which will take you to our no obligation enquiry form.

Endowment Mortgage Compensation Information form

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