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29th September 2009
If you are made redundant, from the 13th week after this happens, the Government will pay the interest on your mortgage up to 200,000 pounds. Although, for couples both need to lose their jobs to qualify and it will not pay for any other borrowings.
... Read >
Author: michael challiner22nd September 2009
What happens in case you are suddenly made redundant due to a loss of job or illness? You may be unable to make your mortgage payments, pay off credit card bills, grocery bills and find it difficult to lead a normal life. You may be unable to meet your ba... Read >
Author: Gyan K22nd September 2009
Mortgage payment protection is an insurance policy used to safeguard your mortgage payments in times of redundancy and you are disabled to work due to an accident or sickness. Before, signing up an agreement on mortgage protection, compare the payment pro... Read >
Author: Gyan K11th September 2009
Mortgage life assurance is a life insurance policy which pays off any outstanding mortgage debt if the holder dies. It is a decreasing term policy, which means the sum you're insured for reduces in line with your mortgage.
It should not be confused wi... Read >
Author: MarkeD02nd September 2009
Many people rely on the income payment protection as their only source of temporary income in case of an accident or illness. If you have met with an accident and have been hospitalized for a long time and you are unable to resume back to work, then, acc... Read >
Author: Kirthy Shetty02nd September 2009
Have you bought a home? Then, you must have taken mortgage loan and used your house as an equity against these mortgages. Timely payments of your mortgages have been a problem for you due to your financial instability. You must be worried about losing you... Read >
Author: Kirthy Shetty02nd September 2009
Payment Protection Insurance facilitates to make payments on your credit card payments, debt payment, mortgage payments and other loan payment incase you face unexpected redundancies due to sudden unemployment, illness, injury from accident etc. Income pr... Read >
Author: Kirthy Shetty02nd September 2009
Redundancy Protection Plans help those who have lost a job and have become redundant to get a mortgage payment protection, income protection, other loan protection. With the help of this insurance cover you can make your payments on time regardless of los... Read >
Author: Kirthy Shetty02nd September 2009
How to protect your home from being repossessed? How do you make your mortgage payments on time? Unemployment, redundancy, sickness or accident may be the cause for non payment of mortgage on time. This will lead to negative credit scores and gets you int... Read >
Author: Kirthy Shetty02nd September 2009
Protection against Involuntary Redundancy offers protection of income when you are redundant and are unable to work. This occurs when there is sudden loss of job, accident, sickness etc. These events are out of your control and you need not suffer from fi... Read >
Author: Kirthy Shetty24th July 2009
If you are not familiar with the finance section in the news papers, there is no way for you people to hear it elsewhere. Recently the word “PPI” has got a special place in the media mostly in the negative side. For those who have no idea about the te... Read >
Author: Andrew Smythe23rd July 2009
Mortgage Payment Protection Insurance (MPPI) covers your mortgage interest payments if you're unable to work due to an accident or illness, or if you lose your job. It can also reduce the risk of your home being repossessed.
What exactly does it cover?... Read >
Author: MarkeD04th July 2009
PPI or Payment protection insurance, also known as Credit protection insurance or Loan repayment insurance is designed to cover a debt that is currently outstanding. It is made to protect your mortgage, credit cards or loan payments in the unfortunate eve... Read >
Author: JessicaThomson04th July 2009
If you have taken a personal loan or mortgage, applied for a credit card or merge your debts, it means that there are chances that you have purchased a PPI or Payment protection insurance. It is also known as Credit protection insurance or Loan repayment ... Read >
Author: JessicaThomson04th July 2009
People who take loans or mortgage something valuable, they should go for a Payment Protection Insurance. This is a loan insurance specially designed to protect your mortgage, credit card and loan payments, and to avoid loss due to unanticipated events lik... Read >
Author: JessicaThomson01st June 2009
If the fear of losing your job is preventing you from buying a home, keep reading to find out about mortgage payment protection insurance.
It's common knowledge that today is an optimal time for home buying. In fact it may be the best opportunity to bu... Read >
15th May 2009
In the present economic climate people are looking to cut back on their monthly outgoings and one of those that may be over-looked is unnecessary insurance.
By law we must have motor insurance but that is the only compulsory insurance and ideally it i... Read >
Author: michael challiner08th May 2009
One of the major hurdles stopping many prospective home buyers from taking the plunge into the market right now is fear of finding themselves unemployed and unable to make their mortgage payments. That's where mortgage payment protection plans are coming ... Read >
Author: Move Trends12th March 2009
There are a number of insurance covers designed to protect your home and earnings, Mortgage Protection Life Insurance, otherwise known as Mortgage Payment Protection Insurance, or MPPI, is one of them.
Mortgage Protection Life Insurance being one of th... Read >
Author: Michiel Van Kets12th March 2009
Mortgage protection life insurance is a form of payment protection insurance and one of a number of types of cover related to protecting the family home and income. This type of cover is also known as mortgage payment protection insurance or mppi.
Mort... Read >
Author: Michiel Van Kets06th March 2009
The talk around very many financial services products gets surprisingly and perhaps unnecessarily complicated when, all along the concepts behind the vast majority of these products is really quite simple and straightforward. Take Mortgage Life Insurance,... Read >
Author: MarkeD04th March 2009
Mortgage Payment Protection Insurance (MPPI) may not be your prime consideration when taking out a home loan. However, recent Government legislation now ensures policies meet or exceed minimum standards, which is reassuring when you are looking at the ter... Read >
Author: michael challiner04th March 2009
Private insurance is seen as a safety net if problems arise due to the risk of unemployment, debts, repossession and the possibility of illness. If someone has a 100,000 pound mortgage, an increase of ten to twelve pounds a month would provide cover for ... Read >
Author: michael challiner04th March 2009
There are many different kinds of products on the market that will protect your income if you have an accident, become ill or are made redundant, three of them are described below:
Mortgage Payment Protection Insurance (MPPI) - Mortgage payment protec... Read >
Author: michael challiner04th March 2009
We are experiencing extraordinary changes in financial security. After years of job security, job losses are now becoming the norm in virtually all sectors and it’s becoming more and more essential that homeowners protect themselves against loss of inco... Read >
Author: michael challiner17th February 2009
The risk of debts, unemployment, repossession and sickness is compelling many homebuyers to seek private insurance which will increase monthly repayments by 10-12 pounds per month per 100,000 pounds of mortgage. This would cover the homebuyer for the mon... Read >
Author: michael challiner17th February 2009
Mortgage Payment Protection Insurance (MPPI)
Mortgage Payment Protection insurance will pay your mortgage if you are made redundant, fall ill or are injured, for one year, sometimes two. Of the 11.7 million current mortgages just 2.3 million are prot... Read >
Author: michael challiner16th February 2009
Mortgage protection these days has become one of the most widely used tools so that the house EMI’s are paid properly inspite of the fact that you are not generating regular income, but it is essential to consider that you are not paying too much for th... Read >
Author: Sharon Samraj08th February 2009
Have you ever given thought to questions like would be the case incase you land up in a situation where you are unemployed and the loan of mortgage on top of you. Further if you find yourself to be seriously ill and can’t work until you recovered for mo... Read >
Author: shijinaseo14th January 2009
PPI stands for Payment Protection Insurance that provides an income facility to maintain debt repayments of borrower in case of an accident or illness that prevents them from working, or unemployment. PPI is a product service offered by financial services... Read >
Author: Munish Kumar19th December 2008
Mortgage payment protection schemes’ are under thereat following the news that homeowners made redundant and thus struggle to keep up with their mortgage payments, are to be given a two year grace period.
Chancellor Alistair Darling has filled in the... Read >
Author: Darren17th December 2008
PPI stands for Payment Protection Insurance that provides an income facility to maintain debt repayments of borrower in case of an accident or illness that prevents them from working, or unemployment. PPI is a product service offered by financial services... Read >
Author: Munish Kumar02nd December 2008
PPI stands for Payment Protection Insurance that provides an income facility to maintain debt repayments of borrower in case of an accident or illness that prevents them from working, or unemployment. PPI is a product service offered by financial services... Read >
Author: Munish Kumar30th November 2008
PPI stands for Payment Protection Insurance that provides an income facility to maintain debt repayments of borrower in case of an accident or illness that prevents them from working, or unemployment. PPI is a product service offered by financial services... Read >
Author: Munish Kumar30th November 2008
PPI stands for Payment Protection Insurance that provides an income facility to maintain debt repayments of borrower in case of an accident or illness that prevents them from working, or unemployment. PPI is a product service offered by financial services... Read >
Author: Munish Kumar16th November 2008
For many years young people have had problems getting onto the property ladder. This is due to a range of factors including taxes, the high cost of living and also the higher cost of property. One thing that young people who are looking for get onto the p... Read >
Author: Spot Biddle30th October 2008
"You have left it too late." Thousands of people are hearing this every day and experiencing that sinking feeling when they realise something once so freely available, is now denied to them. People without savings or perhaps with less than 2 months wages ... Read >
Author: David Lakins28th April 2008
If you are planning to take out a UK mortgage, you should also plan what insurance protection you need as well. There is a bewildering array of insurance policies that are out in the market. This can be quite confusing for the first time buyer. Here is... Read >
Author: Paul Elms11th April 2008
Mortgage Basics
Unfortunately, in this day and ages, mortgages are virtually unavoidable for the common man. Paying rent, in my selfish capitalist view, has as much use as burning cash. And in some ways I'd prefer burning it than funding a stranger's... Read >
Author: Jon C31st March 2008
Are you having trouble paying your mortgage? If you are, you should know that you may have options! Mortgage arrears often lead to repossession or foreclosure. If you happen to be one of those people who are falling behind in your mortgage payments, you... Read >
Author: Christopher07th January 2008
Accident Sickness and Unemployment
If you had an accident, fell sick or were to be made involuntary redundant (unemployed) you might struggle to meet your monthly mortgage and other commitments. The result would be very onerous as mortgage arrears can l... Read >
Author: Mortgage Services28th September 2007
When buying a home there are a number of types of insurance you may have to take out.Mortgage Payment Protection Insurance (MPPI) is one of them. Its purpose is to ensure that mortgage repayments will be met in the events of unemployment, sickness or acci... Read >
Author: Liam Gerken02nd August 2007
If you decide to take out mortgage protection insurance (MPPI) along with your mortgage, you will find your monthly payments are higher. This may give you a sense of security, as you believe that your repayments are safe whatever happens. However, some ... Read >
Author: Robert Palmer02nd August 2007
Mortgage Payment Protection Insurance (MPPI) is a form of insurance designed to cover your mortgage payments, in case anything happens to cause you to lose your income.
You may find that when you take out a mortgage, your lender automatically offers ... Read >
Author: Robert Palmer26th July 2007
There are a couple of mortgage protection opportunities on the market today. If you are going to invest a large chunk of your income (and your life repaying the loan) to buy a house, then you need to take some time to look at the possibilities available ... Read >
Author: Kathryn Lang25th July 2007
E is for...
Early repayment charge (ERC) or redemption penalty
If you sign up to a special-rate mortgage and later decide to pay off your loan early, then expect to pay a hefty fee for the privilege of bailing out before time.
Endowment policy
... Read >
11th July 2007
When you take out your mortgage, your mortgage lender will often try to sell you a mortgage protection insurance policy. The lender gets a good commission on it, so might well put some pressure on you. But don�t be bullied. You don�t have to get i... Read >
Author: Robert Palmer14th March 2007
It is true to say that these days you can arrange an insurance policy for almost every eventuality. The most common insurance policies that people take out will include buildings insurance, contents insurance, life assurance and critical illness cover.
... Read >
Author: Christopher19th January 2007
When taking out a mortgage, you will need various types of insurance. For example, to cover your monthly payments - in case you get ill - and home insurance- in case it burns down etc.
Household Insurance
You need to insure the building and your pos... Read >
Author: Robert Palmer03rd January 2007
First Mortgage Trust have developed a number of diverse calculators over the years not only to improve the quality of their clients online experience but also in response to client, consumer and third party requests. Among the calculators are Mortgage Pay... Read >
Author: Martyn Witt16th November 2006
THERE has been so much written in the past few months about payment protection insurance it has all become a little confusing. Most of what has been written has been very negative, indeed dangerously negative ? witch-hunt proportions even in some quarters... Read >
Author: John Smith19th July 2006
Mortgage payment protection insurance is the insurance, which ensures that your mortgage repayment is duly made in case you become unemployed, fall critically ill or unable to earn money because of serious accident. It is very easy to maintain mortgage pa... Read >
Author: Alexa Wilsoon03rd July 2006
Mortgage payment protection insurance acts as a protection in case you are unable to pay mortgage payment due to prolonged illness, accident and unemployment. Mortgage payment protection suits first time mortgage buyers as they are young and there is alwa... Read >
Author: Alexa Wilsoon20th March 2006
Insurance is a great way to safeguard your self from the uncertainties in life. Mortgage Payment Protection Insurance is designed to protect you from getting into debt or missing the mortgage payments due to unemployment. If you are living in a country li... Read >
Author: rakshit d09th March 2006
Insurance is a great way to safeguard your self from the uncertainties in life. Mortgage Payment Protection Insurance is designed to protect you from getting into debt or missing the mortgage payments due to unemployment. If you are living in a country li... Read >
Author: N A27th January 2006
A mortgage is a long-term financial commitment and you have to maintain the monthly repayments for the full duration of the mortgage. That's going to be over many years but non of us have the benefit of a crystal ball so no one knows how your circumstan... Read >
Author: michael challiner05th December 2005
Getting a mortgage is bad enough what with terms like fixed rate, discount, variable etc so mention mortgage insurance and naturally your eyes will start to glaze over.
However, mortgage insurance is an extremely important insurance to have in f... Read >
Author: Jason Hulott05th September 2005
Sex has a lot to answer for babies usually which then with time and much financial investment grow up to be beautiful mutations of their parents. Yet as the family absorbs more money as it grows, the need for financial planning and protection become... Read >
Author: Rachel Lane28th July 2005
Sex has a lot to answer for babies usually which then, with time and much financial investment, grow up to be beautiful mutations of their parents. Yet as the family absorbs more money as it grows, the need for financial planning and protection becom... Read >
Author: Rachel Lane13th July 2005
According to the Council of Mortgage Lenders, first-time buyers are the most susceptible group of homeowners to debt, as they are more likely to have higher loan-to-value ratios and commit a higher proportion of their income to mortgage repayments. Despi... Read >
Author: Rachel Lane
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