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Mortgages : Recommend an endowment buyer?

Blogger : MoneySavingExpert.com Forums
All posts : All posts by MoneySavingExpert.com Forums
Category : Mortgages
Blogged date : 2007 May 23

Hi,

I started a 25 year mortgage back in 1990, have since sold the house but I kept the endowment going.

I am now thinking of buying again but do not have a deposit to put down.

Looking at one of the threads on this board I may be better off cashing in the endowment to use as a deposit.

Does anyone have experience of any companies that would buy my endowment, one they can recommend?

The policy was with Woolwich Life, now Barclays Life and was meant to attain £44,000 but is only projected to reach £25,000 at present.

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