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Endowment Claim

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What else you might like to know about Endowment Claim

If you believe you have a case for a compensation claim based on a mis-sold endowment mortgage, a legal service provider is well positioned to begin legal proceedings on your behalf. Here is some basic advice and guidance to inform your choice of legal expert.

What is an endowment and how was it mis-sold?

An endowment mortgage is an interest only mortgage which is linked to an investment product. Most customers who bought one were told that the policy would pay off their mortgage at the end of the term and would give them an additional lump sum. Endowments may have been mis-sold because the customer was not told about the risk that the policy would not pay off the mortgage or that other options were not discussed.  

How likely am I to be successfully in my claim?

There have been many successful claims for the mis-selling of endowment mortgages. A legal service provider will give you expert advice and will make the strongest case possible on your behalf.

How much compensation can I expect for my endowment claim?

Calculating the amount of compensation for mis-sold endowments can be very complicated but a legal services provider may be able to give you an estimate based on similar cases. The basis of the compensation is to put you back in the position you would have been in had the correct advice been given in the first place.

How can I choose the best legal services provider?

It is worth considering a number of factors when choosing a legal expert to assist with an endowment mortgage claim. You may wish to consider the location, reputation and cost of a firm before making your decision.

 

Answer a few short questions now and start comparing legal service providers based on the criteria most important to you.

What pricing structure can I expect?

Most legal service providers are likely to take your claim on a fixed fee or hourly rate basis depending on the complexity of the case. Find the best solution for you by comparing costs with The Law Superstore now.

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1. Tell us about your situation

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3. We shortlist up to 4 solicitors

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