How do I cover endowment shortfall?
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buddie
Apprentice
Joined: 09 Mar 2008
Posts: 1
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 Posted: 03/10/08 - 04:03 Post subject: |
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| I have a problem. Although I have been told that my endowment will cover money loaned even if the market has been bad now I have a problem with a endowment shortfall. The endowment value is less than needed. What to do? How do I cover endowment shortfall? Is this normal thing or should someone be responsible? |
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ernesto
Apprentice
Joined: 01 Apr 2005
Posts: 1
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| Posted: 04/08/08 - 23:42 Post subject: |
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| For what you said you have a right to complaint. You have been said that it will cover your expanses and that is not the case. I think you should prepare all the papers needed for your claim, contact your endowment provider. Calculate how it would be if you had a regular mortgage repayment and your losses and go for your money. Chase highest possible compensation. You can find on the web the complaint form and fill it up. Go to your Financial Services Ombudsman if needed and follow this process to the end. Good luck. |
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