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We have an endowment which has just matured but on contacting the insurance company , L&G itappears to be that a loan was taken out against an endowment policy in 1999 at our old address , the policy was to have covered the mortgage on that property , but we had moved the previous year and had tenants in the property . We have subsequently sold the property in around 2007/8 . Around that time we received a letter from Northern Rock saying that we had an outstanding debt with them . we ignored the letter because we had never had any dealings with NR as our mortgage was with Nationwide , we actually thought it was a scam .
The loan was also paid into an old unused bank account. It was also taken out in my maiden name , yet both the mortgage company and LG had been told 10years previously of our marriage and my change of name .
I spoke to L&G oN Friday and she sent me what they said was a copy of the original application , apparently the loan they gave was for £3500 and they are now saying that with the interest accrued on it , it amounts to £10000 + the worry is that the original application was sent to our old address in 1999 , and it looks like they paid the money into an old bank account of mine . The signatures on the application , whilst they are our names , are definateley not by our signatures . The other worry is that IF we had this loan , then why were we never contacted by L&G prior to 2008 asking for a payment , as they were taking the premiums for the endowment from OH bank account up until last week .
Does anyone know where we stand on this please ,
The loan was also paid into an old unused bank account. It was also taken out in my maiden name , yet both the mortgage company and LG had been told 10years previously of our marriage and my change of name .
I spoke to L&G oN Friday and she sent me what they said was a copy of the original application , apparently the loan they gave was for £3500 and they are now saying that with the interest accrued on it , it amounts to £10000 + the worry is that the original application was sent to our old address in 1999 , and it looks like they paid the money into an old bank account of mine . The signatures on the application , whilst they are our names , are definateley not by our signatures . The other worry is that IF we had this loan , then why were we never contacted by L&G prior to 2008 asking for a payment , as they were taking the premiums for the endowment from OH bank account up until last week .
Does anyone know where we stand on this please ,
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