Dave Miller: Protection needs a nudge

Remorgaging at 'highest level' since November 2008

clock • 3 min read

Fixed mortgages reaching maturity provide the perfect chance to put cover in place, says IRESS expert

With borrowers remortgaging like it's 2008, advisers have a fresh opportunity to get into the protection discussion with clients over the coming months. Remortgaging hit £9.2bn in October, the highest level since November 2008 as borrowers sought to lock into cheap mortgage deals while they still can.[1] A combination of a high number of fixed mortgages reaching maturity and uncertainty around the economy means remortgaging levels are likely to remain robust for a while yet. For many advisers and clients, this may well present the perfect chance to discuss options with the many mor...

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