Oct
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18/10/2010
As confirmed by the Competition Commission, banks will not be allowed to sell payment protection insurance (PPI) policies to their customers when granting loans; however, lenders will be able to offer PPI policies to customers seven days after the loan is granted. Although this change was proposed in 2009, it was challenged by Barclays, causing it to be held up. The Competition Commission notes that these new restrictions will be an inconvenience for some borrowers interested in obtaining PPI for their loans.
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For a quick house sale valuation, call Property Rescue on 0800 1313 999 or email them sales@propertyrescue.co.uk. You will obtain a sell home fast response extremely quickly.
1 comment(s) so far...
Re: Sell and Rent Back – PPI Insurance Curbs
Completely understand what your stance in this matter. Although I would disagree on some of the finer details, I think you did an awesome job explaining it. Sure beats having to research it on my own. Thanks curt Nike Sport Red White SB Zoom Paul Rodriguez High
By mbmdan on
04/04/2011
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