<<< Mortgage Payment Protection Insurance UK (MPPI) >>> |
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"Best Mortgage Payment Protection Insurance - Economical MPPI & Accident Sickness Unemployment (ASU) Cover Plans" |
What is
Mortgage Payment Protection Insurance? The government will not help with mortgages taken out since October 1995. Capital payments will not be made on your behalf, even if you have a Capital & Interest mortgage. Interest payment on mortgages over £100,000.00 will not be made, even so if you have a mortgage over £100,000 which is very common considering an average house in the UK costs circa £175,000. Interest payments for the first nine months will not be paid, even if you satisfy state benefits for mortgages taken after October 2005. Do you have enough savings to meet your mortgage payments if the worst happened ? |
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