July 31, 2010
Remortgage Information And Tips | My Insurance Info
In fact if you want to borrow less than $45000 (£30000 in the UK ) any savings made will be so small that it probably isn’t worth the effort and some mortgage providers won’t let you borrow such a small amount. … Higher lending Charge – an insurance policy that protects the lender but is paid for by the borrower – avoid. Mortgage Payment Protection Insurance – aka Accident Sickness and Unemployment Insurance – expensive and has many exclusions – avoid if possible. …
Originally posted here:
Remortgage Information And Tips | My Insurance Info
Filed under MPPI, UK Mortgage Protection by on Jul 31st, 2010.
Comments on Remortgage Information And Tips | My Insurance Info
Where am I going? — London, United Kingdom –
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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