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Mortgage Payment Protection Insurance

Are you a homeowner with a mortgage and looking to save some money this year?

Are you worried about the current state of the UK economy and your future employment prospects?

Are you fed up hearing about some of the major banks and building societies overcharging their customers for insurance products?

If you can answer yes to any of the above then it maybe time to review your current Mortgage Payment Protection Insurance provider or consider arranging Mortgage Payment Protection for the first time.

At BFS Direct we have negotiated some of the best rates in the UK with one of the UK’s Leading insurance providers, voted ‘Best Mortgage Payment Protection Insurance Provider 2007’  by ‘What Mortgage’ magazine and ‘Best MPPI Provider 2007’ by ‘Mortgage Introducer’ magazine.

Our customers are finding that they can make huge savings as well as using the most recommended Mortgage Payment Protection Insurance Provider currently in the UK!

Take a look at the table below showing rates of some of the major banks and building societies and see how much you can save by switching providers. We do not charge you anything for arranging your insurance protection.

Provider
Monthly cost of insurance cover for: Unemployment & Incapacity
bfs direct
£16.50
This is the saving you could make over 5 years if you compare our monthly rate against these other providers below:
Cheltenham & Gloucester
£50.00
£2,016.05
Halifax
£47.40
£1,860.05
Abbey
£38.58
£1,330.85
Alliance & Leicester
£37.80
£1,284.05
HSBC
£36.00
£1,176.05
Barclays
£35.70
£1,158.05
Nationwide
£35.34
£1,136.45
Royal Bank of Scotland
£32.70
£978.05
Natwest
£30.72
£859.25
Bradford & Bingley
£29.94
£812.45
Please note
* Illustrated rates are based upon a 30 year old person with a Capital Repayment Mortgage of £100,000 over 25 years with a monthly mortgage repament of £600


Information correct as at December 2007
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Mortgage Payment Protection Insurance Available from BFS Direct Ltd
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The overall cost for comparison is 10.8% APR variable. The actual rate will depend upon your circumstances. Ask for a personalised illustration. Our rates start from 7.9% APR variable. We also have a range of plans with rates up to 17.5% APR allowing us to help customers even with the most severe credit problems. If you are thinking of consolidating existing borrowing you should be aware that you will be extending the terms of the debt and increasing the total amount you repay. A fee of between 0% and 10% of the loan may be charged depending on credit history and ability to prove income. The amount of fee will depend on your circumstances, however, we estimate that it will be 5% of the loan amount.

BFS Direct and Brighter Financial Solutions are trading names of BFS Direct Ltd registered in England No. 5038979.
Registered office is 2 Breach Lane, Great Easton, Dunmow, Essex, CM6 3QT.
BFS Direct Ltd is authorised and regulated by the Financial Services Authority Registration No.305249.
© 2007 BFS Direct Ltd, Secured loan specialists