Hints and tips:
...A typical customer of the UK-based insurer might be Mrs Miggins, 70, who borrowed 30 per cent of the value of her home at a 5.5 per cent annual rate of interest....
...As such, they can provide Mrs Miggins with money for a legacy or a cruise. Lenders love LTMs too, as they can yield about 5 per cent a year....
...Stefan Barden, chief executive of Northern, calls it the retailers’ “threat to ‘go to Mrs Miggins’,” after the pie-maker in the Blackadder comedy series....
International Edition