paddywhacker
Registered User
- Messages
- 102
I applied to NIB to switch mortgage and they told me that my current decreasing mortgage protection policy (the standard one for repayment mortgages) would not be transferable and I would need to take out a new one. Is this true? Bit of a pain as I pay it yearly and it's now up for renewal until September.
Have read a few threads on NIB here and it seems they do try to sell you a new mortgage protection policy at time of application. Will ask my broker but wanted to know if anyone else had been told this and if it is in fact, correct.
Cheers
Have read a few threads on NIB here and it seems they do try to sell you a new mortgage protection policy at time of application. Will ask my broker but wanted to know if anyone else had been told this and if it is in fact, correct.
Cheers