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Mortgage & Loan How To Guides & Info
The end of cheap borrowing means you need good quality information from commercial and residential brokers and lenders. We bring you the lastest comments and how to guides from the UK mortgage and loan industry
Are you Wasting Money on your mortgage payment protection Insurance?
Families across the country could be wasting close to £500m every year by paying over the odds to their lenders on mortgage payment protection insurance. Although cover is available from some companies for as little as £400 per year, homeowners taking out protection from their lender could be spending around £689 for the same level of cover, essentially wasting around £289 per year. Spread across every home taking its insurance from its lender, this equates to a £471m bill for Britons every year, simply because they are failing to shop around for the best mortgage payment protection insurance.
