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Tag Archives: mortgage ppi

Mortgage holders urged to check for missold PPI

Payment Protection Insurance (PPI) has been in the headlines for many months, with financial institutions across the country misselling the product to thousands of people. Now, it has been urged that those with a housing loan check up on their mortgage PPI as it could have been missold and they may be entitled to thousands Read the full article…

Self-employment and mortgage PPI areas for claim success.

The missold Payment Protection Insurance (PPI) scandal has hit many thousands of people in Britain, with many individuals taking steps to get compensation. Many applications rejected by banks are referred to the Financial Ombudsman Service (FOS), with a number of similar claims being upheld in the consumers favour. Many self-employed individuals have found themselves being Read the full article…

Claiming for mortgage PPI explained

Like many other credit agreements, Payment Protection Insurance (PPI) is offered to thousands of people that take out mortgage plans with financial institutions. With the misselling scandal continuing, individuals may be wondering whether they have a claim entitlement. If a mortgage PPI plan was missold, then homeowners have every right to submit a claim for Read the full article…

Mortgage PPI still an important product

There has been a lot of attention in the media about missold Payment Protection Insurance (PPI), and this has caused many consumers to avoid taking out cover altogether. However, Mortgage PPI, also known as MPPI, remains an important product for people to use if they want to protect their loan repayments. MPPI is not necessary Read the full article…

Make important claims for missold mortgage PPI

inadvertently been sold Payment Protection Insurance (PPI) have been urged to submit claims for compensation. PPI was often missold alongside mortgages as a way for banks to make money and reduce their financial risks. For those discovering that their PPI was wrongly sold, an average sum of £3,000 compensation could be waiting. A specific product Read the full article…

Rising Unemployment Makes PPI a Necessity

It has been revealed that unemployment in the UK has reached at least 2.6 million people, which makes keeping current Payment Protection Insurance (PPI) plans vital. With the number of people without work reaching its highest level since 1994, such insurance can provide the financial security to continue making mortgage and credit agreements repayments even Read the full article…

Repossession Figures Highlight PPI Need

Whilst there has been much media attention surrounding missold Payment Protection Insurance (PPI), repossession figures having revealed just how important the protection product can be. The Building Societies Association (BSA) showed that only 16 per cent of those experiencing repossession had insurance, resulting in the overall majority being very vulnerable to home loss. Mortgage PPI Read the full article…

Mortgage Policy Expert Expresses Repayment Protection Concerns

It has been revealed by Paul Broadhead, the head of mortgage policy at the Building Societies Association (BSA), that it is vital to ensure individuals utilise mortgage repayment protection insurance. With Payment Protection Insurance (PPI) having seen such public scandal, it is important for the industry to rebuild consumer confidence in this sector. Mortgage PPI Read the full article…