My home and buy to let mortgages have been sold to Start. My mortgages and mortgage protection policies were all taken out through an Irish Life and PTSB broker, as such the mortgage protection payments have always been debited as part of the inclusive monthly mortgage payment in one direct debit for each individual mortgage.
Last week I recieved letters from PTSB explaining that the mortgage protection portion of my payment would now have to be paid directly to Irish Life and they enclosed direct debit mandates for me to complete and return to Irish Life before the end of November.
Today I recieved a letter through a tenant at one of the buy to let properties from an insurance broker, the letter explained that they have taken over the clients of the previous broker who arranged my mortgages and mortgage protection policies.
They went on to say, PTSB would have written to me regarding new direct debits for the policies and as an independant broker they have access to various providers of this type of cover and thus may be able to offer a more competitive product.
It's safe to assume that the insurance broker has knowledge that my mortgages have been sold to Start and as such that I have mortgage arrears and financial difficulties, should an independend insurance broker have been given access to my personal financial data?
Last week I recieved letters from PTSB explaining that the mortgage protection portion of my payment would now have to be paid directly to Irish Life and they enclosed direct debit mandates for me to complete and return to Irish Life before the end of November.
Today I recieved a letter through a tenant at one of the buy to let properties from an insurance broker, the letter explained that they have taken over the clients of the previous broker who arranged my mortgages and mortgage protection policies.
They went on to say, PTSB would have written to me regarding new direct debits for the policies and as an independant broker they have access to various providers of this type of cover and thus may be able to offer a more competitive product.
It's safe to assume that the insurance broker has knowledge that my mortgages have been sold to Start and as such that I have mortgage arrears and financial difficulties, should an independend insurance broker have been given access to my personal financial data?