Protection & Mortgages

Zurich has increased the maximum term for its critical illness cover from 30 to 40 years, in a bid to protect customers with longer mortgages and to reflect changing retirement patterns.

Some 64% of people who have moved up the property ladder in the past five years and have a bigger mortgage as a result, did not review their life insurance; research finds.

F&TRC has added Mortgage Protection for Life and Critical Illness Cover to its Quality Analyser for Protection comparison service.

Paradigm Mortgage Services has announced it will be holding a further mortgage and protection roundtable in Chelmsford, Essex at the end of the month.

An increasing number of mortgage holders are ‘financially exposed' as the level of protection cover has dropped over the last year, Scottish Widows has warned.

Paradigm Mortgage Services has has confirmed it will be taking its first post-Mortgage Market Review (MMR) and protection round table to Birmingham this month.

More than four-in-ten mortgage brokers expect the intermediary share of the mortgage market to top 65% by the end of the year.

Only 2.7% of people taking out new mortgages and 5.4% of existing borrowers have financial cover to ensure continuity of their payments if they become unemployed, research has found.

The government's Help to Buy scheme has triggered over £1bn of new home loans in the first three months since its inception, the Prime Minister has said.

The government's popular Help to Buy mortgage scheme could threaten financial stability if it is mismanaged, a group of MPs has warned.

The overwhelming majority of Hepatitis C sufferers have not sought any form of cover because of their diagnosis, an advice firm has reported.