July 5, 2010
Mortgage Payment Protection Insurance | Best-Remortgage.org.uk
www.ukinsuranceonline.co. uk This video is a phone call with Steve in Bucks, England. Steve has had one disaster after another this year. At the moment he has suffered a huge flood. Mortgage insurance is covering his payments meanwhile. …
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Mortgage Payment Protection Insurance | Best-Remortgage.org.uk
Filed under UK Mortgage Protection by on Jul 5th, 2010. 
Comments on Mortgage Payment Protection Insurance | Best-Remortgage.org.uk
Just on a different point. Secured borrowing on property can lead, it now seems, lead to finding you have been mis sold mortgages.
I read earlier this year that a lady who borrowed less than 10k with her home as security lost her job, was told that the payment protection insurance could not payout because of implications to do with her partner (the main bread winner).
The solicitor she contacted found traces of severe professional negligence and ended up making a claim against bother the mortgage broker and lender for wrongfully giving her a self cert mortgage.
This is just one example of why credit is, as you put it, “so hard to come by”.
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