FAQ's

Q: What is an endowment policy?

A mortgage endowment policy is an investment vehicle generally sold alongside an interest only mortgage with the objective of raising enough money through stock market investments to pay off the mortgage at the end of its term. The problem is that trends in the UK stock market has meant that around 5 million people who invested in an endowment policy now find that it doesn't provide enough funds to cover their endowment mortgage obligations.

If the endowment policy was mis-sold - as around 80% were prior to January 2000 - and you can prove the endowment policy was mis-sold, the UK endowment mortgage industry is obliged to provide compensation. Effectively, your endowment policy company must compensate you for mis-leading you when they sold you your endowment policy. The key issue here is proving that your policy was mis-sold.

We handle thousands of claims on behalf of people with endowment mortgages with endowment policy shortfalls - an endowment policy that is not going to pay out enough to cover their endowment mortgage. We work on their behalf, assessing their endowment policy to see if was mis-sold, making endowment mortgage claims on their behalf, negotiating compensation for endowment mortgages that were mis-sold and appealing against rejections to the UK endowment mortgage overseer - the Financial Ombudsman.

We have an excellent track record in endowment policy claims - achieving endowment mortgage compensation in as many as 80% of claims.