What you need to know about mis sold endowment mortgages

Amid all of the fuss in the news in recent times about mis sold Payment Protection Insurance (PPI), it’s so easy to forget that mis sold endowment mortgages are also widespread. Here at Gladstone Brookes, we have already successfully handled the compensation claims of huge numbers of people who have been mis sold endowment mortgages, and we can handle yours, too – fastidiously, efficiently and professionally.

 

What it might be worth asking first, though, is how exactly mis sold endowment mortgages come to be. Our answer to that question is that there is a staggeringly wide range of different possibilities. You may, for example, have been mis sold an endowment mortgage due to your lender allowing the mortgage term to run into retirement with no guaranteed income. Or perhaps your lender didn’t ensure that you could actually repay the endowment mortgage, keeping in mind all of your personal circumstances?

 

When people like you are mis sold endowment mortgages, they are understandably angry – but it’s important, when a case of mis selling is noticed, to stay calm and make a rational, reasoned next move. Our recommendation for that next move is to get in touch with ourselves here at Gladstone Brookes, as our advisors will be able to assess your claim in readiness for the next stage.