Mortgage repayment insurance

If you have a mortgage then you might have thought about taking out some mortgage repayment insurance. Mortgage repayment insurance is also known as mortgage payment protection insurance or MPPI.

Essentially this type of mortgage insurance protects your mortgage repayments in the event of accident, sickness or redundancy. If you take out a Mortgage repayment insurance policy then you can choose which parts of the cover you need. This will affect the monthly insurance premium.

There are many places to buy Mortgage repayment insurance and some of the most expensive are from the lenders themselves. Much better to buy Mortgage repayment insurance from a broker who can give you some choice and cheaper mortgage insurance premiums.

Mortgage repayment insurance

Authorised and regulated by the Financial Services Authority. Registered Office:140 Long Lane Bexleyheath Kent DA7 5AH Registered in England & Wales No: 04125057 Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Written details on request. All loans subject to status. Think carefully before securing other debts against your home. Broker fees may apply. Typically, we will charge £250 for arranging your mortgage and we will be paid commission from the lender, please ask for full details.