Protection must "widen its proposition to meet needs of renters", says Swiss Re's Ron Wheatcroft
Stats from UK Finance this morning show that mortgage lending reached £20.5bn in March 2018 - £11.83bn by high street banks - which was 2.3% lower than the same period last year. However the figure represented an 8.3% increase on February. Ahead of Swiss Re's Term & Health report, Ron Wheatcroft, technical manager for Swiss Re, revealed to COVER that even in the face of a growing rental market, "early indicators" show mortgage protection sales grew in 2017. "Long-term protection insurance and mortgage activity have always been closely linked. The reported fall in mortgage lending and ...
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