mortgage protection insurance Archive

  • Public Sector Employees Facing Redundancy Should Consider Unemployment Insurance

    Public Sector Employees Facing Redundancy Should Consider Unemployment Insurance

    With the recession officially over and 0.5 percent growth in the last quarter of 2009 you might be fooled in believing that unemployment is a thing of the past. The grim truth is that every day up and down the country people are still losing...

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  • Payment Protection Insurance – Barclays Challenge Government ruling

    Payment Protection Insurance – Barclays Challenge Government ruling

    Barclays scupper plans for PPI reform Plans to restrict the sale of payment protection insurance (PPI) at the point when loans or mortgage are granted have been set back following a successful appeal by Barclays bank. The Competition Appeal Tribunal has now been forced to...

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  • FSA orders GBP 60 Million Mortgage Protection Insurance Repayments

    FSA orders GBP 60 Million Mortgage Protection Insurance Repayments

    More than a million UK householders are to get refunds on their recent mortgage protection insurance monthly payments, after the City watchdog, the FSA, forced PPI providers including giant firms such as Aviva and Abbey; to pay back over GBP60 million in increased Mortgage Protection...

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  • Mortgage insurance – why be vulnerable?

    Mortgage insurance – why be vulnerable?

    Burgesses Insurance News has published an interesting article today looking at the rationale behind the purchasing of insurance as a protection vehicle, and questions why the public are disinterested and can’t be bothered when it comes to purchasing Mortgage Protection for the largest investment of...

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  • Single Premium Payment Protection Insurance is Outlawed Today

    Single Premium Payment Protection Insurance is Outlawed Today

    DEATH OF THE SINGLE PREMIUM PPI POLICY The new regulations regarding the selling of Single Premium Payment Protection Insurance come into force today, rather in the shadow of the Norwich Union name change to Aviva. The product, first thought up by the now despised and...

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  • 12800 UK homes repossesed in the first quarter of 2009

    12800 UK homes repossesed in the first quarter of 2009

    Despite the UK government saying they eould help keep people in their homes there were over 12000 repossessions in the UK in first quarter of 2009. There were 12,800 repossessions through the courts by first-charge on the property mortgage lenders and banks, in the first...

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  • Tenants at risk as Landlords are repossessed

    Tenants at risk as Landlords are repossessed

    Questions have been asked in the House of Commons regarding tenants who have been paying their rent and fulfilling all their other obligations but who nonetheless find they are at risk of losing their home. What protection do they have? We sympathise with tenants who...

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  • Mortgage Protection Insurance

    Mortgage Protection Insurance

    Mortgage Protection Insurance UK Mortgage Protection Insurance top rated videos http://www.personalaccident.co.uk ask Simon Burgess managing director of British Insurance, one of the UK’s leading income protection insurance, mortgage protection insurance, and loan payment protection insurance companies, why banks selling personal accident and unemployment insurance have...

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  • Avoid Home Repossessions with Mortgage Protection Insurance

    Avoid Home Repossessions with Mortgage Protection Insurance

    The Council of Mortgage Lenders has just published statistics on mortgage arrears and possessions. Worringly but hardly surprising, the figures for 2008 show a sharp rise on the same period last year. Key Facts include: • 5,000 fewer repossessions than forecast in 2008• 40,000 repossessions...

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  • Mortgage Indemnity Insurance Explained

    Mortgage Indemnity Insurance Explained

    We often get told ‘we’ve got mortgage indemnity’ or ‘we don’t need mortgage payment protection as we’ve got mortgage indemnity’. So we thought we had better put the record straight on the differences between the two. If you are paying mortgage indemnity insurance (which you...

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  • Nationwide – profits down but charts a steady course

    Nationwide – profits down but charts a steady course

    The Nationwide, Britain’s biggest building society, has seen its half-yearly pre-tax profits fall by 18% to £322m, down from £394m for September last year. Nationwide admitted it had been hit by a “challenging economic environment” which saw bad debts rise £12m from last year, as...

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  • Mortgage Repossessions Rocket

    Mortgage Repossessions Rocket

    The official figures for the number of repossessions for the period of April to June this year have just been released and show that the number of houses being taken back by the banks and building societies through the courts, has risen a massive 71%...

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