Home
Login Register Recover password
Try Demos Costs & Contents Buy Accounts
Free Guides Help Contact Us

CF6 Mortgage advice

You are a lender and a customer with an interest only mortgage is thinking of surrendering an endowment policy assigned to you as the lender. Which of these is the most appropriate advice to give to the customer?
Use the proceeds to pay of part of the mortgage and take out a new mortgage
Convert the mortgage to a capital and interest mortgage
Agree that the endowment should be surrendered
Consult a financial adviser on the consequences of early surrender
Question 1 of 10
Time Left :
72
Click to double available time
Question Worth : 2 points
Current Score : 0