Colli Real Estate

Endowment Mortgages. My experience with my endowment provider is that having complained they have upheld?

my complaint that I have been mis-sold an endowment mortgage. My contention is that the company have produced a document I have not previously seen illustrating the possibility of negative equity on maturity, which is different from the original I have on file. Now this clearly fraudulent misrepresentation which I have challenged the company on who deny such practice was going on to secure business. I cannot divulge the companies name other than to say they based in Hertfordshire. They have offered me a return of premiums paid plus a derisory level of interest to close the policy as I am some 22 years into the 25 year policy and some £6k on the value and £17k short on projection.

I suggest you speak to your Solicitor (or failing that, check on-line with sites such as ‘Money Saving Expert’ – link below)

You may have very limited time left to make a claim – essentially the time starts when you first become aware of the possibility of a shortfall – this is usually taken as the date they sent you a ‘red warning’ , however it is hard to believe that ANYONE is now unaware of the Endowment miss-selling scandal …

30-Year Fixed-Rate Mortgage – Quicken Loans TV

Complaints $16.46 Complaints

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