Dave Miller: Protection needs a nudge

Remorgaging at 'highest level' since November 2008

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 Dave Miller, executive general manager (commercial), IRESS
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Dave Miller, executive general manager (commercial), IRESS

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...

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