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Help? Think we have been misold insurance on our mortgage application.

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  • holly_hobby
    holly_hobby Posts: 5,363 Forumite
    1,000 Posts Combo Breaker
    No the mge and associated product sales, are 2 completely different sides of the process.

    She (her company if she is employed) will only receive any lender procuration fee (commission payment) after your mge completes.

    Hope this helps

    Holly
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker

    You can of course source such provision yourself, but engaging an IFA will ensure that your actual needs have been fully assessed, with appropriate recommendations and the most suitable providers sourced

    More nonsense from the back slapping brokers on here.

    You will find cheaper products NOT via IFA's, but you won't have to compromise on the quality of policy.

    OP - most brokers and IFA's want to sell you insurance - I've worked around them for 20 years and it's waht makes em tick and also determines the value of thier business when they come to sell it.
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