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09 April 2013

Borrowing against an endowment

There is a similar question to this at http://www.lovemoney.com/qanda/question/134881/is-it-possible-to-use-an-endowment-policy-as-security-for-a-loan but the site suggested doesn't seem to be available anymore... I have an endowment policy with a guaranteed final value of £30400 in Dec 2023. I would like to borrow against this to make home improvements, but the usual money sites don't seem to offer this up in their results as a possible mechanism, does anyone have any recommended providers of these types of loans?

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