One advantage of a repayment mortgage is that it removes the risk of having an investment ( as exists in an endowment mortgage ), the performance of which is dependent on the stockmarket.
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The Financial Services Authority imposed the fine after ruling that Friends Provident mishandled complaints about the sale of endowment mortgages, a product that allows people to save money to pay back their mortgage loan.
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The main thing of a low cost endowment has been for endowment mortgages to pay off interest only mortgage at maturity or earlier death in favour of full endowment with the required premium would be much higher.
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Legion campaigns include calls for more research into : Gulf War syndrome and compensation for its victims; upgrading of War Pensions; the extension of endowment mortgage compensation for British military personnel serving overseas; and better support for British military personnel resettling into civilian life.
How to say endowment mortgage in Hindi and what is the meaning of endowment mortgage in Hindi? endowment mortgage Hindi meaning, translation, pronunciation, synonyms and example sentences are provided by Hindlish.com.