Endowment Shortfall
Endowment Shortfall
Endowment Complaint Enquiry Form »
An endowment shortfall occurs where the projected value of the endowment at maturity is less than the loan amount it was intended to repay. Although endowment shortfall is just a projection, you may have been misled during the original sale of your endowment. If you were told that the endowment would more than cover the amount loaned to buy your house, even if the stock market performed badly, you have grounds for a complaint. We work with Claims Financial, and their service will:
- Obtain all the evidence needed for your claim
- Assess the value of your claim (usually the difference between where you are now financially and where you would have been had you taken out a standard repayment mortgage.)
- Undertake all communication with your endowment provider
- Assess the reasonableness of any offers made and negotiate the highest possible compensation amount
- Chase your money
- Refer your case to the Financial Services Ombudsman if needed, and continue to manage the whole process.
Claims Financial work on a no win no fee basis, so you have nothing to lose. Fill in the endowment complaint enquiry form below and you will put in touch with a specialist.
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