Part/part Mortgages
These are very popular as many borrowers use their existing
endowment policies, for example when remortgaging rather
than surrendering the policy or paying more into it,
but any more money they borrow is on a repayment basis.
This method can be used to make up any shortfalls on
an endowment policy.
YOUR
HOME MAY BE REPOSSESSED IF YOU DO NOT
KEEP UP REPAYMENTS ON YOUR MORTGAGE.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST
YOUR HOME
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