In light of this surge in PMI demand, consumer champion website Fairer Finance will today launch ratings of the plans offered by providers. James Daley, founder of Fairer Finance, says that customer satisfaction with PMI usually falls as people get older and premiums jack up. Yet he believes increased demand for PMI is prompting some insurers to design plans that are more affordable. In broad terms, you get the windfall if you have a Nationwide current account plus either a mortgage or a savings account. Wearing my Personal Finance running shoes for a moment, it was lovely to see waves of runners from local building society Leeds participating in the event.

Source: Daily Mail May 20, 2023 21:40 UTC