Ask the experts

About our experts...

At John Charcol, we are constantly asked for advice by borrowers on what they should do when it comes to mortgages.  As such, we created this section so that you can submit your questions to our experts.  The answers are provided by a number of people who have years of experience in the mortgage market.  The team is led by Peter Woodward who works in our technical department.  Peter spent his formative years as an underwriter with one of the major UK lenders so what he doesn't know, quite frankly, isn't worth knowing...

So please do submit your question and we will do all we can to answer it as quickly as possible

Please be aware that these answers can only be generic and no personal recommendations can be made.

Use Endowment proceeds to part rapay mortgage or not?

Posted on 7 February 2009

My low cost endowment policy will be maturing in March which amounts to around £16,500. This endowment is not tied to my mortgage. Do I use this money to pay off the mortgage which is around £23,000 or put it somewhere where it...

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Category: Endowments

Should we cash in our endowment to pay off part of our mortgage?

Posted on 7 March 2008

Our current fixed rate will be ending in June. We have two endowment policies which are no longer linked to our mortgage and were wondering whether it would be advisable to surrender them (they're currently worth around £36000)...

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Category: Endowments

Answers provided in response to Ask the experts are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not neccessarily represent the views, positions, strategies or opinions of John Charcol Limited. All comments are made in good faith, and John Charcol Limited will not accept liability for them.

We recommend you seek professional advice with regard to any of these topics where appropriate.

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