The insurance aspect guarantees repayment in ... The options: Any decision to switch out of an endowment mortgage depends on the length of time before the policy matures. If it is close to ...

This meant it was comparatively easy for the insurance policy to build up enough cash to pay off the mortgage. At the peak of their popularity in 1988, endowment mortgages accounted for more than ...

To this day, arguments still rage as to whom or what was to blame for the mortgage endowment shortfall scandal. Fingers have been pointed at investment providers, lenders, pushy estate agents ...

but we no longer need the endowment to pay off the mortgage nor the life insurance aspect of the endowment policy. Should we carry on paying £42 a month for this policy until it matures in 2012 ...

We were sold this endowment on the understanding it would pay off the mortgage and provide a surplus, but instead it is forecast to have a shortfall of around £80,000.' ...

As thousands of people see their mortgage endowments mature, many will see a shortfall confirmed and a deadline for mis-selling claims has expired.

Endowment mortgages comprise two separate products: a mortgage and an insurance policy. ... the endowment model has proved less than successful, with most policies having registered declines.

Financial advice: A mortgage In Ireland - repayment versus endowment IrishCentral Community News is pleased to continue with our bi-weekly financial column, courtesy of Sean O’Sulli ...

To make sure we could repay the mortgage, we took out an endowment insurance policy with Friends Provident (now Aviva) - an investment vehicle which would pay out at the end of the 35-year term in ...