A traded endowment policy, or 'TEP',
is a with-profits endowment mortgage that has been sold by
the original policyholder to another investor before the end
of the agreed term of the policy. These policies are legally
assigned to the new owner who continues to pay the premiums.
They are also known as 'second hand endowments'.
The traded endowment market is expanding, largely due to the
increase in public awareness and education.
Selling your Endowment Mortgage could earn you up
to 35% more than the surrender value for your endowment policy. If like
so many others you agreed to pay off your mortgage using a
with profits endowment policy you may now be suffering the
consequences.
It is believed that up to 5 million people in the UK have
experienced a shortfall from their endowment policy. The
concept with endowment mortgages is that you pay only the
endowment mortgage interest rate whilst the value of the
endowment policy grows over time. When it reaches its maturity
rate the endowment policies value will be enough to pay off
the rest off your endowment mortgage.
You may be thinking “I want to sell my endowment policy” and
have not considered selling your endowment mortgage on the
second hand traded endowment policy market, in the majority
of cases a better price can be obtained on the traded endowment
market, compared to that offered by your life assurance company.
The difference can be as much as 35% more for your endowment
policy.
You may be one of the 5 million people in the UK who was miss
sold their endowment policy, and it will cost you nothing to
find out. By simply filling out our online form we will assign
an expert in endowment compensation to review your endowment
complaint and with an average payout of £5000 for most
endowment claims, with a no win no fee service you've
got nothing to lose.
endowment selling - endowment cash in - endowment policy sale - endowment policy sales - endowment sales - endowment sell - endowment selling uk - Sell endowment - sell my endowment policy - sell my endowment - selling a unit linked endowment - selling endowment policys - selling endowment policy - selling endowment - cash in my endowment policy - cashing in endowments - auction an endowment