Uk mortgage lenders payment protection insurance -
have they won any awards for their mortgage protection
insurance ?
In the UK, especially now at the time of the
"Credit Crunch", a mortgage payment protection
insurance that covers a mortgage borrower in the
event of unemployment is an insurance worth having.
Just about every single mortgage lender will have
their own version of this insurance, but it is
becoming a well known fact that they are
overcharging for it, and in quite a few cases are
including it in to their mortgage package without
even finding out if the borrower is eligible for it.
This turn of events is causing the Financial
Services Authority to seek a change in the way the
insurance is sold.
This web site has in the past been approached by
other mortgage payment protection insurance
companies keen to get their product on the page.
However, the British Insurance mortgage payment
protection insurance, administered by Paymentshield,
has won so many industry awards that it is a clear
favourite, and growing in popularity among the Uk
mortgage borrowers and their advisors.
