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Endowment mortgage statisitics

Series: Association of British Insurers Press Release ; 13 May 2002, (3)Publication details: 2002Subject(s): Summary: Association of British Insurers reports that millions of homeowners could be forced to pay out up to £6 000 per head to cover shortfalls on endowment mortgages. ABI are sending out letters warning when action needs to be taken to deal with these shortfalls. Letters cover all kinds of low-cost mortgage endowments including unit-linked and with-profits. For the ABI news release: http://www.abi.org.uk/newsreleases/viewNewsRelease.asp?nrid=529

Association of British Insurers reports that millions of homeowners could be forced to pay out up to £6 000 per head to cover shortfalls on endowment mortgages. ABI are sending out letters warning when action needs to be taken to deal with these shortfalls. Letters cover all kinds of low-cost mortgage endowments including unit-linked and with-profits. For the ABI news release: http://www.abi.org.uk/newsreleases/viewNewsRelease.asp?nrid=529