Have you got an endowment mortgage shortfall?
Has your endowment matured leaving you with more payments to make to your mortgage even though you thought it would be paid in full?
During the 80s and 90s endowments were often sold alongside interest only mortgages as the perfect investments to repay mortgages and leave you with a big tax-free lump sum at the end. However what wasn’t explained properly, in many cases, was that these types of investments weren’t guaranteed and there was a risk that they wouldn’t pay off the mortgage at maturity.
Millions of people have now found themselves in the situation of having to continue paying for a mortgage they believed would have been paid off or having to make other arrangements to ensure the mortgage is paid off.
If you are one of the unlucky ones who have been mis-sold an endowment you could be entitled to compensation.
There are strict deadlines within which complaints of this nature MUST be made. If you have received a RED reprojection letter warning you of a possible shortfall in your endowment within the last 3 years YOU MUST ACT NOW or you WILL lose your opportunty to receive compensation. If you have been informed of a possible shortfall more than 3 years ago you may have already lost the opportunity, however we are happy to review these cases on a ‘No-Win, No-Fee’ basis and if we find you are out of time we will not charge for our investigations.
ACT NOW – TIME IS RUNNING OUT!