August 30, 2010
Don't Be Fooled Into Paying For PPI | Web Magazine Today
Banks brought out Payment Protection Insurance to cover a consumer’s repayments in the event they lost the ability. However recently, it has been publicised that banks and lenders are exploiting the product through questionable loopholes. … Ideally, a short spell of unemployment shouldn’t hamper your ability to repay a mortgage , but the reality is quite the opposite; lenders will avoid paying out at all costs, often claiming that an individual is not able to take …
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Don't Be Fooled Into Paying For PPI | Web Magazine Today
Filed under UK Mortgage Protection by on Aug 30th, 2010. 
Comments on Don't Be Fooled Into Paying For PPI | Web Magazine Today
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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!
Nice to Simon in action on the TV. I’m really pleased to know Simon Burgess and all the work he has done with his mortgage payment protection insurance in the UK
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Yes, good point. Remortgage is the new trend. The consequences being: changing from fixed to variable rate, penalties and fees, payment protection insurance, can you make over and under payments, etc. Just like with most things, there is a positive and a negative and you must decide which outweighs the other in your situation.
Although this is a UK site, it gives a good idea of some of the pitfalls of remortgages.
Thanks for the comment!
Mayfairdebt co uk provide services for ppi claim mis sold ppi ppi claims and much more available with payment protection insurance
mortgage protection insurance is a must for any UK homeowner. The British Insurance MPPI policy is an excellent product too. I was made redundant in 1999 and mortgage protection insurance saved my home.
mortgage protection insurance is a must for any UK homeowner. The British Insurance MPPI policy is an excellent product too. I was made redundant in 1999 and mortgage protection insurance saved my home.
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!
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