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mortgage payment protection Help

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Comments

  • shell1000
    shell1000 Posts: 222 Forumite
    I got the letter too, mines going up with helpucover from 17 to 22.

    I don't really think its fair as i bet it never goes down in the future! But its a sign of the current situation, so i would take it as an opportunity to double check you have the cover you need.

    Oh well, they won't be the only company increasing costs thats for sure.
    Mortgage free wannabe!:
    11/11/08 - £137,674 ----> 09/01/12 - £131,432 :j
  • dunstonh
    dunstonh Posts: 121,200 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I don't really think its fair as i bet it never goes down in the future!

    It went down in the past so there is no reason why it should not do in the future.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • trixie73
    trixie73 Posts: 933 Forumite
    Part of the Furniture 500 Posts
    omg. iv just got letter from helpucover, my premium is going from £14 to £19 next month. i cant believe it, iv only just took the policy out and paid my 1st payment 3days ago. :eek: are they allowed to do this ?
  • Fliss_M
    Fliss_M Posts: 702 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    trixie73 wrote: »
    omg. iv just got letter from helpucover, my premium is going from £14 to £19 next month. i cant believe it, iv only just took the policy out and paid my 1st payment 3days ago. :eek: are they allowed to do this ?
    Erm, I'd go with yes. unlike car ins. its an ongoing policy, rather then a price for the year. (or at least how I see it anyway.)#

    I havent had a letter from ant yet. Tho am sure its on its way.
    The will to save every money saving penny we can
  • dunstonh
    dunstonh Posts: 121,200 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    are they allowed to do this ?
    is the needle stuck? ;)

    Yes they are allowed to do it, as confirmed on multiple posts on this thread.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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