May 28, 2010
Business Portal, News and Ideas UK Personal Debt Problems Creating …
Those affected include both those prospective first-time buyers trying to get on the housing ladder and parents trying to help out their children with cash or by being a mortgage guarantor. … Following accusations by the Citizens Advice Bureau – http://www.adviceguide.org. uk / (CAB), it seems that the situation does not appear to be greatly helped by the use of payment protection insurance (PPI), which is specifically designed to help those potentially liable to fall …
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Business Portal, News and Ideas UK Personal Debt Problems Creating …
Filed under UK Insurance, UK Mortgage Protection by on May 28th, 2010. 
Comments on Business Portal, News and Ideas UK Personal Debt Problems Creating …
I think if you live in the UK and you have a mortgage, you should consider some form of UK mortgage protection like this. As far as I know British insurance offer the best and most affordable policy available today. Unfortunately i was not aware that I didn’t have to go to my mortgage provider to get cover for mortgage payment protection insurance..I think I paid about twice that for my MPPI insurance. Ah well, at least it kept a roof over my head!
There are many reasons why payment protection insurance may have been mis-sold. The problem has been identified by both the Financial Services Authority and the Office Fair Trading as a growing problem that needs tackling. Many high street banks have been fined millions of pounds, Alliance and Leicester receiving the biggest one of seven million pounds.
if you don’t buy now i will laugh in 5 years when some 40yr old is crying – ” i wish i bought when they were cheap “
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