New- Mortgage & Protect
Making life simple
Making life simple link - where does this go?
Are you daunted by the many different financial products available? Do you struggle to tell the difference between life cover, critical illness cover and mortgage protection?
Do you worry whether you have adequate protection in place? Perhaps you don’t have anything in place to protect yourself and your family and aren’t sure where to start?
Then, our brand new, ‘Mortgage & Protect’ service is for you.
What is ‘Mortgage & Protect’?
Mortgage & Protect is a unique new financial service which puts in place a mortgage that you can afford and provides you with a simple way of ensuring that you or your loved ones don’t get caught out in the event of unemployment, accident, illness or death. You’ll be secure in the knowledge that you’ve got the right protection in place to protect your lifestyle now and for the future.
A new & unique, advice driven service with you in mind
With the ‘Mortgage & Protect’ service we have made the whole process of sourcing a mortgage and arranging the right type of cover easy and hassle free. Rather than using the traditional method of presenting you with lots of product information, and asking you to decide which product and level of cover you think you need, we have turned it on its head and simply ask that you tell us about yourself.
You will be provided with an in-depth consultation with a qualified financial adviser, similar to a fact find, where your adviser will talk to you about your income, home, health, family situation and any plans that you have for your retirement. Your adviser will also help you to think about your future goals, providing a great opportunity for you to take stock of where you are now and where you want to be.
We’ll then go away and compare polices and levels of cover and then based on an in depth chat and comprehensive understanding of your circumstances, we will advise you on what you need. After all, we’re the qualified financial advisers, we believe it’s therefore our job to do all the legwork for you and present you with, our advice.
Unbiased mortgage review & selection
If you need to arrange a mortgage, we’ll source the right product for you at the most competitive rates available.
As we are not tied to any providers and can offer you the whole market available to IFA’s, we’ll compare across many different products on the application fee, interest rate, cash back where applicable, redemption penalties and survey fees, to look at the total cost of the mortgage over its lifetime.
Mortgage products vary and not all products are available to you or suitable for your circumstances. In addition to whether you’re a first time buyer, are a home mover, are remortgaging or have a buy to let property, your credit rating and employment will determine which products you can choose from.
Your ‘Mortgage & Protect’ package may include some or all of the following:
Taking care of the mortgage if you’re unable to – your mortgage is paid off or repayments are made on your mortgage in the event of death, accident, sickness or unemployment hitting your income.
Covering you for the inevitable – a small amount is set aside each month, to provide a sum of money in the event of death. This should be on your list of things to consider if you have financial dependents, are getting married or planning a family.
Financial assistance when you need it - A serious illness, such as cancer or heart attack, affects one-in-four women and one-in-five men before retirement age#. To ease the financial pressures, a tax-free lump sum is paid out if you become seriously ill or totally disabled.
FREE *- Arranging a will - have peace of mind that your wishes will be known and respected, in the event of your death. A will really is a must for anyone over the age of 18 with dependents. Did you know that without a will, the state decides what happens to your assets and even what happens to your children?
Protecting your assets and mitigating for tax - A serious illness, such as cancer or heart attack, affects one-in-four women and one-in-five men before retirement age#. To ease the financial pressures, a tax-free lump sum is paid out if you become seriously ill or totally disabled.
Financial assistance when you need it - Life cover is placed in a trust to ensure your loved ones receive your assets immediately after death, rather than months or even years after, as is often the case where there is no trust in place. Assets held within the trust usually fall outside of inheritance tax.
Mortgage & Protect makes financial planning simple, affordable and worry free.
The will writing service is offered free of charge when 2 or more protection products are taken out.
#source: this is money.co.uk, Dec 2009.
Your home or property may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice, the precise amount of the fee will depend upon your circumstances but we estimate that it will be £250. The Financial Services Authority does not regulate will writing, taxation and trust advice and some aspects of buy to let mortgages
