Jump to main content of pageaccessibility informationSitemap
26 Dec 2024
Get an instant life insurance Get an instant term life insurance quote Cheapest life insurance rate guarantee!
LV
Aviva
Vitaility Life
Royal London
Legal & General
AIG

Life Insurance News

Mortgage life insurance vital as house prices pick up

Mortgage life insurance is one of the protective measures that people interested in investing in the property market should consider when obtaining house purchase loans.

The latest figures from Nationwide show that house prices continued to rise in July for the third consecutive month, signifying increasing confidence in the property market.

Prices rose by 1.3 per cent during the month bringing some positive news to current owners, some of whom are in negative equity, although the values are still 6.2 per cent lower than they were 12 months ago.

Commenting on the data, Nationwide's chief economist Martin Gahbauer said that "this represents another sharp improvement from the 9.3 per cent year-on-year decline in June".

However, he added that "even if prices were to remain unchanged for the rest of 2009, the year-on-year rate would continue to improve since prices were falling very sharply in the second half of last year".

Alongside mortgage life insurance, those obtaining loans should also consider putting in place cover such as unemployment or income protection insurance, which could come in handy in the current precarious job situation.

Such cover will not only offer peace of mind, but provide a financial cushion for tough times.

Do you want Advice on Life Insurance?

After you have compared the life insurance information on Go Direct if you would like Life Insurance Advice, please complete our life insurance enquiry form and we will contact you to discuses your insurance needs.

 

You may also be interested in:



Go Direct.co.uk is a trading style for website purposes of Go Direct UK Ltd.

Go Financial Services is a trading style of Go Direct UK Ltd which is an appointed representative of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority. FCA Number 456600

Life Insurance uk | Mortgage Life Insurance | Critical Illness Insurance | Income Protection Insurance Quotes | Life Insurance Advice | Term Life Insurance | Decreasing Life Assurance | Critical Illness | Income Protection | Accident Sickness Unemployment | Whole Life Assurance | Remortgage | Accident Sickness Unemployment Cover | Pension Term Insurance | Site Map

UK Life Insurance Quotes at godirect.co.uk - Life Insurance Advice