Category Archives: Endowment Mortgages

Mortgages – Endowment Mortgages Explained

The Full Endowment Mortgage This is the original interest only scheme which was first introduced in the 1960s. It offers a guarantee that the mortgage loan will be paid off in the event of the death of the borrower, first death if the mortgage is in joint names, or survival to a pre-agreed date. This … Continue reading

Endowment Mortgages

What Is An Endowment Mortgage? An endowment mortgage, in theory, is supposed to lower your mortgage payment. Ideally, endowment mortgages are much cheaper than standard mortgage policies such as repayment mortgages. When you get an endowment mortgage, you pay only the interest on the amount borrowed. In addition to this, you pay an addition small … Continue reading

© 2012 Endowment Mortgage Policy Compensation Plan

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