Now’s the time for many homeowners to cut household expenditure because of the recession, but there’s one expense you shouldn’t scrimp on: mortgage insurance. And especially so with the health threat of Covid-19. But what is mortgage insurance and why is it important? And why should you get one when you already have a life…
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Tag: MRTA
Property Jargon of the Day: Mortgage Reducing Term Assurance (MRTA)
Every day, 99.co takes a piece of property jargon and demystifies. Today, we’re looking at Mortgage Reducing Term Assurance (MRTA), which is a real mouthful and terrible for SEO. But good for your home security: What is Mortgage Reducing Term Assurance (MRTA)? You already know that there’s fire insurance and home content insurance. MRTA is…
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