April 20, 2010
Mortgage Protection Insurance Secrets From the MP Guru
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Mortgage Protection Insurance Secrets From the MP Guru
Filed under Uncategorized by on Apr 20th, 2010.
Comments on Mortgage Protection Insurance Secrets From the MP Guru
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”.
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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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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