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Building societies charging borrowers for going elsewhe...

It's interesting to learn that "Lenders can no longer make a loan deal conditional upon taking out insurance, but can set a fee to check that the buyer has taken out cover". Does you mortgage policy have this clause? Remember you can store documents in BeeMyMinder for easier access and peace of mind.

Survey shows customers are paying £2m a year for the practice of 'bundling' that was abandoned a decade ago Continue reading...

Article Published: 08/08/2014

Source: http://www.theguardian.com/money/2014/aug/08/building-societies-charge-borrowers-insurance