Mortgage cover ‘still too high’
INSURANCE - 6TH JULY 2002
Lenders continue to charge excessive insurance rates on mortgages, finds a recent survey by The Observer.
Comparing the ten largest lenders, it revealed that borrowers can get better deals on mortgage payment protection insurance with a standalone policy. One, from Burgesses, saved borrowers over £3,400 on a £75,000 mortgage.
