Insurance and Protection
Providing protection cover is essential in order to protect you and your family – we will conduct a thorough review of your protection requirements to ensure you and your family are provided for in the event of death or ill health.
In all honesty, no one likes to think this way but could you pay your mortgage if you were off work long-term due to a serious illness or injury? If you have a family, how would they pay the mortgage in this situation, or if the worst were to happen and you died?.
Whether you live on your own or with a family our all of our Mortgage Advisors are able to offer advice and recommend products from a comprehensive panel of suppliers for the following types of protection.
Life Insurance / Life Assurance
Critical Illness Cover
Income Protection
Family Income Benefit
Unemployment Cover
Mortgage Payment Protection
Buildings and Contents Insurance
Here are Yes Mortgage Services, we have an expert Insurance Advisor, Kelly. Kelly will talk to you about your specific circumstances. She can help you calculate how much money you and your family may need if you were unable to work due to illness, or if you were to die. This will enable her to look at what level of cover will help meet any shortfall, always recommending products and services that are appropriate for you and your situation.
Flexibility of appointments. In the same way our Mortgage Advisors offer a range of flexible appointment times and locations, that work for you including telephone or face to face meetings, this extends across to our Protection Insurance services.
WHAT DOES THE VARIOUS PROTECTION INSURANCES COVER YOU FOR:
Life insurance, also known as term insurance or life assurance will provide a sum of money in the event of death during the term of the policy. This cash lump sum is paid tax free and can be used by your dependents however they choose.
Critical illness insurance will provide a tax free cash sum in the event that you are diagnosed with one of a set list of critical illnesses (most policies cover 30-40) where your diagnosis meet the providers definition.
Critical Illness protection is there to provide financial stability at a time that it is needed the most, it could be used to clear a mortgage or it could be used to replace a lost income, pay for private treatment or for whatever else you feel is required.
Insurers normally limit the amount they will pay out based on your last twelve months of earnings. The monthly benefit payable is paid to you either until you return to work, you retire or if you pass away.
Insurance cover includes the cost to repair or rebuild your home if it is damaged to a set rebuild cost although some insurance companies have an unlimited level of cover.
Contents insurance is cover for your household contents, i.e. furniture, carpets, curtains, television, kitchen equipment, ornaments, personal possessions, clothing, computers, etc. It is the total value of everything that is in your home that you would take with you if you were to move. With most contents insurance there is the ability to insure your personal possessions away form the home. This optional cover allows you to insure your personal items normally worn or carried outside the home, e.g. watches, jewellery, cameras, anywhere in the world for up to 60 days a year.
We understand that buying any Protection Policy can be a hard decision for some given the uncomfortable questions it raises. However, we know that planning for the future is important and are happy to take the time to discuss all aspects of these policies to ensure that you choose the right policy for your circumstances.
There are other providers of Payment Protection Insurance [Short-Term Income Protection] and other products designed to protect you against loss of income. For impartial information about insurance, please visit the website at www.moneymadeclear.org.uk
INSURANCE FAQs
Why do I need Insurance?
Insurance gives you and your family peace of mind that in the event of an unforeseen circumstance, such as unemployment, illness or property damage you and your dependents have the necessary financial protection in place to support you.
What kind of Insurance do I need?
There are a variety of different insurance products available and each person will have different needs depending on their circumstances. Our Expert Insurance Advisor will talk you through the various options and advise you on recommended products and level of cover specific to your needs.
What should I do if my circumstances change?
We know that your protection needs will change throughout your life, as your family situation, employment, and financial circumstance change. If something changes, we recommend talking to us and that on a regular basis, you (with our help if you wish review what kind of protection you have, to ensure any changes in circumstances have been fully considered.
Do I need buildings and contents insurance to take out a mortgage?
Although not a legal requirement to take out buildings and contents insurance with your mortgage, the Lender will require you to take out buildings insurance from the date of exchange in order to protect its investment in your property.
Do I need life insurance to take out a mortgage?
In short, no, it is not a legal requirement to take out life insurance with your mortgage, however it is something we recommend you seriously consider if you have dependents who rely on your income.
When should I take out insurance?
We recommend that you take out the appropriate insurance for you as soon as possible, in order to protect you from the unknown.
Buildings insurance needs to be in place from the date of exchange in order that completion can go ahead.
Can anyone apply for insurance?
You must be a UK resident and at least 18 years old at the time of applying.
What happens if I cancel my policy?
If you’ve only just taken your policy out then cancelling it should be fairly straightforward.
If you’re further into your policy and want to cancel your life insurance, critical illness or income protection policy before the term ends there should not be any penalites.
However, there could be a penalty to pay for the early cancellation of buildings and contents insurance.
Read some of our blogs specifically about Insurance
DOWNLOAD THE LATEST COPY OF OUR MORTGAGE AND PROPERTY MAGAZINE
If your mortgage application gets refused, don’t think that’s it.
Our experts know the market inside out and can help you find lenders more inclined to consider your circumstances and process your application. Give us a call on 0800 612 5596 or tap the link in our bio.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#mortgageadvice #mortgagehomes #propertymarket #hampshirelife #mortgageprocess #mortgagebrokeruk #homeuk #mortagebrokers #homeownership #dreamhome
If your mortgage application gets refused, don’t think that’s it.
Our experts know the market inside out and can help you find lenders more inclined to consider your circumstances and process your application. Give us a call on 0800 612 5596 or tap the link in our bio.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#mortgageadvice #mortgagehomes #propertymarket #hampshirelife #mortgageprocess #mortgagebrokeruk #homeuk #mortagebrokers #homeownership #dreamhome
Arranging a mortgage can be extremely time-consuming and stressful - so we aim to make it easy!
👉🏻 Appointments at a time and place that suits you (including out-of-hours)
👉🏻 We don`t charge a broker fee
👉🏻 We search a comprehensive panel of lenders to ensure you`re provided with the most suitable recommendation for your unique circumstances
👉🏻 We cut through the jargon and are always on hand to answer your questions
👉🏻 You`ll have a single point of contact and be able to easily track the progress of your application.
👉🏻 Your mortgage is not just another mortgage to us – we know this is your home and probably your largest financial commitment, and we want to make it as simple as possible for you.
Tap the link in our bio to learn more!
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#loveproperty #housebuying #movehouse #ukmortgages #mortgageadvice
Arranging a mortgage can be extremely time-consuming and stressful - so we aim to make it easy!
👉🏻 Appointments at a time and place that suits you (including out-of-hours)
👉🏻 We don`t charge a broker fee
👉🏻 We search a comprehensive panel of lenders to ensure you`re provided with the most suitable recommendation for your unique circumstances
👉🏻 We cut through the jargon and are always on hand to answer your questions
👉🏻 You`ll have a single point of contact and be able to easily track the progress of your application.
👉🏻 Your mortgage is not just another mortgage to us – we know this is your home and probably your largest financial commitment, and we want to make it as simple as possible for you.
Tap the link in our bio to learn more!
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#loveproperty #housebuying #movehouse #ukmortgages #mortgageadvice
Excited for Army V Navy rugby at Twickenham! Who`s your bet on? Andy`s team Army, Amanda`s team Navy, and the rest of us? We`ll be busy enjoying the ice-cold refreshments! 🍻
...
#armyvnavy #armyvnavyrugby #armynavy #armynavyrugby #twickenhamstadium #mortgageadvisor #nobrokerfee #dorset #mortgagesmadesimple #dorsetbusiness
Excited for Army V Navy rugby at Twickenham! Who`s your bet on? Andy`s team Army, Amanda`s team Navy, and the rest of us? We`ll be busy enjoying the ice-cold refreshments! 🍻
...
#armyvnavy #armyvnavyrugby #armynavy #armynavyrugby #twickenhamstadium #mortgageadvisor #nobrokerfee #dorset #mortgagesmadesimple #dorsetbusiness
House hunting this weekend? It can be easy for things to slip your mind when you arrive at a house viewing. So, before you head out, create a list of your must-haves and questions to ask.
Here are some things you might want to include:
🔹 Take a walk around the neighbourhood, does it have the sense of community and the amenities you`re looking for?
🔹 Ask about the fixtures and fittings included in the sale.
🔹 Enquire about any work done to the house and if proper permission was sought.
🔹 Keep an eye out for any signs of damp, plumbing issues, electrical problems, or ageing to the roof.
🔹 Imagine yourself living in the space. Is there enough space for your furniture and belongings? Are the sockets in convenient places?
🔹 Most importantly, ask yourself if it`s the type of place you want to call home.
Do you have other house-hunting tips to share? Leave them in the comments below! And remember to save this for later.
...
#housebuyingtips #houseviewing #housebuying #movehouse #ukmortgages #mortgageadvice
House hunting this weekend? It can be easy for things to slip your mind when you arrive at a house viewing. So, before you head out, create a list of your must-haves and questions to ask.
Here are some things you might want to include:
🔹 Take a walk around the neighbourhood, does it have the sense of community and the amenities you`re looking for?
🔹 Ask about the fixtures and fittings included in the sale.
🔹 Enquire about any work done to the house and if proper permission was sought.
🔹 Keep an eye out for any signs of damp, plumbing issues, electrical problems, or ageing to the roof.
🔹 Imagine yourself living in the space. Is there enough space for your furniture and belongings? Are the sockets in convenient places?
🔹 Most importantly, ask yourself if it`s the type of place you want to call home.
Do you have other house-hunting tips to share? Leave them in the comments below! And remember to save this for later.
...
#housebuyingtips #houseviewing #housebuying #movehouse #ukmortgages #mortgageadvice
Choosing the right mortgage can be daunting, but making a smart decision is really important for your financial health.
So, let`s break down the difference between fixed rate and variable rate mortgages.
🔒 Fixed rate
The interest rate is fixed for an agreed period of time (usually between two and five or ten years).
While the interest rates are usually higher than for variable mortgages, you have the security of knowing it won’t rise.
📈 Variable rate
The interest rate can go up or down in accordance with the lender`s base rate.
This means that your monthly payments may fluctuate, but you could potentially benefit from lower interest rates if the base rate drops.
We`re here to help you weigh the pros and cons for your unique situation. Don`t hesitate to reach out with questions, and hit follow for more tips.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#firsttimebuyeruk #firstimehomebuyers #propertyladder #firsttimehomeowners #firsttimebuyertips
Choosing the right mortgage can be daunting, but making a smart decision is really important for your financial health.
So, let`s break down the difference between fixed rate and variable rate mortgages.
🔒 Fixed rate
The interest rate is fixed for an agreed period of time (usually between two and five or ten years).
While the interest rates are usually higher than for variable mortgages, you have the security of knowing it won’t rise.
📈 Variable rate
The interest rate can go up or down in accordance with the lender`s base rate.
This means that your monthly payments may fluctuate, but you could potentially benefit from lower interest rates if the base rate drops.
We`re here to help you weigh the pros and cons for your unique situation. Don`t hesitate to reach out with questions, and hit follow for more tips.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#firsttimebuyeruk #firstimehomebuyers #propertyladder #firsttimehomeowners #firsttimebuyertips
Considering paying off your mortgage early? Here are some key things to consider:
🔹 If you have an incentivised or discounted mortgage deal, paying it off early could lead to hefty penalties.
Before making a decision, be sure to calculate if the potential interest savings outweigh the early repayment charges.
🔸 Take into account your mortgage interest rate compared to other types of borrowing.
If you have other loans or credit card debt with higher interest rates, it might be better for your overall financial health to pay those debts off first.
🔹 Ensure that it makes financial sense for your specific circumstances.
If you stand to lose a significant amount of money, it’s clearly not a good idea, regardless of how good it might sound to say that you’re mortgage-free.
We`re here to guide you through the various pitfalls involved in obtaining a mortgage, remortgaging and even paying off your mortgage.
And the best bit is... We don`t charge a broker fee!
Tap the link in our bio to learn more or call us on 0800 612 5596.
And remember to save this for later!
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#payoffmortgage #payoffdebt #homeownerlife #homeownertips #homeownergoals #moneytips
Considering paying off your mortgage early? Here are some key things to consider:
🔹 If you have an incentivised or discounted mortgage deal, paying it off early could lead to hefty penalties.
Before making a decision, be sure to calculate if the potential interest savings outweigh the early repayment charges.
🔸 Take into account your mortgage interest rate compared to other types of borrowing.
If you have other loans or credit card debt with higher interest rates, it might be better for your overall financial health to pay those debts off first.
🔹 Ensure that it makes financial sense for your specific circumstances.
If you stand to lose a significant amount of money, it’s clearly not a good idea, regardless of how good it might sound to say that you’re mortgage-free.
We`re here to guide you through the various pitfalls involved in obtaining a mortgage, remortgaging and even paying off your mortgage.
And the best bit is... We don`t charge a broker fee!
Tap the link in our bio to learn more or call us on 0800 612 5596.
And remember to save this for later!
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#payoffmortgage #payoffdebt #homeownerlife #homeownertips #homeownergoals #moneytips
Being a small team that really loves helping people buy, remortgage, and protect their homes, we couldn`t be more proud to be rated 5 stars on Trustindex! 🌟 With over 230 reviews from happy clients, it just goes to show the care and expert knowledge our team put into their work.
And the best bit? We don`t charge a broker fee!
Tap the link in our bio to learn more, or give us a call on 0800 612 5596 to arrange a chat.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#mortgageadvisor #nobrokerfee #dorset #mortgagesmadesimple #dorsetbusiness #ukpropertymarket
Being a small team that really loves helping people buy, remortgage, and protect their homes, we couldn`t be more proud to be rated 5 stars on Trustindex! 🌟 With over 230 reviews from happy clients, it just goes to show the care and expert knowledge our team put into their work.
And the best bit? We don`t charge a broker fee!
Tap the link in our bio to learn more, or give us a call on 0800 612 5596 to arrange a chat.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#mortgageadvisor #nobrokerfee #dorset #mortgagesmadesimple #dorsetbusiness #ukpropertymarket
It`s no secret that improving your home is a great way to increase it`s value, and the benefits extend beyond the indoors.
By transforming your outdoor space, you will add value and create an inviting oasis for entertaining and unwinding.
Need to free up some cash to bring your dream space to life? A remortgage could be the solution!
Get in touch and we`ll evaluate your situation and help you make informed decisions on the remortgage options available to you.
And did we mention - we don`t charge a broker fee!
Send us a DM or call us on 0800 612 5596 to chat with one of our mortgage advisors.
...
#loveproperty #houseowner #homeownerlife #homeownertips #homeimprovement #loveyourhome #moneymanagementtips
It`s no secret that improving your home is a great way to increase it`s value, and the benefits extend beyond the indoors.
By transforming your outdoor space, you will add value and create an inviting oasis for entertaining and unwinding.
Need to free up some cash to bring your dream space to life? A remortgage could be the solution!
Get in touch and we`ll evaluate your situation and help you make informed decisions on the remortgage options available to you.
And did we mention - we don`t charge a broker fee!
Send us a DM or call us on 0800 612 5596 to chat with one of our mortgage advisors.
...
#loveproperty #houseowner #homeownerlife #homeownertips #homeimprovement #loveyourhome #moneymanagementtips
Getting a mortgage on a non-standard property may involve higher interest rates or larger deposit requirements, but with careful planning and expert help, your homeownership dreams can become reality!
Our team of experts are on hand to connect you with accommodating lenders and help negotiate favourable terms. Click the link in our bio to learn more.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#nonstandardconstruction #thatchedroof #gradeii #thatchedcottage #housebuying #mortgagetips #ukmortgages #mortgagespecialists
Getting a mortgage on a non-standard property may involve higher interest rates or larger deposit requirements, but with careful planning and expert help, your homeownership dreams can become reality!
Our team of experts are on hand to connect you with accommodating lenders and help negotiate favourable terms. Click the link in our bio to learn more.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#nonstandardconstruction #thatchedroof #gradeii #thatchedcottage #housebuying #mortgagetips #ukmortgages #mortgagespecialists
There`s no one-size-fits-all calculation to determine how much you can borrow. It depends on several factors:
👉 The cost of the property you`re looking to purchase.
👉 The size of your deposit.
👉 Your income and financial affordability, which considers your monthly commitments and any future obligations.
These factors, combined, will determine your eligibility and help shape the amount you can borrow.
We know navigating the mortgage process can be overwhelming, but we`re here to lend a hand. Our friendly advisors can help you understand your eligibility and guide you towards making informed decisions about your mortgage.
Our advice to you is FREE, so get in touch for a chat - call us on 0800 612 5596 or visit our website to learn more.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#buyingahouse #mortgageadvice #mortgagetips #mortgagebroker #firsttimebuyertips
There`s no one-size-fits-all calculation to determine how much you can borrow. It depends on several factors:
👉 The cost of the property you`re looking to purchase.
👉 The size of your deposit.
👉 Your income and financial affordability, which considers your monthly commitments and any future obligations.
These factors, combined, will determine your eligibility and help shape the amount you can borrow.
We know navigating the mortgage process can be overwhelming, but we`re here to lend a hand. Our friendly advisors can help you understand your eligibility and guide you towards making informed decisions about your mortgage.
Our advice to you is FREE, so get in touch for a chat - call us on 0800 612 5596 or visit our website to learn more.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#buyingahouse #mortgageadvice #mortgagetips #mortgagebroker #firsttimebuyertips
We`ll NEVER charge you a broker fee!
As a company, we believe everyone should have access to quality financial advice, regardless of their financial status 🤝
Visit our website to learn how we can help you find the right mortgage for your needs (🔗 in bio)
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#wellingtonsomerset #southcoastuk #mortgagebroker #mortgageuk #mortgagespecialists #nobrokerfee
We`ll NEVER charge you a broker fee!
As a company, we believe everyone should have access to quality financial advice, regardless of their financial status 🤝
Visit our website to learn how we can help you find the right mortgage for your needs (🔗 in bio)
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#wellingtonsomerset #southcoastuk #mortgagebroker #mortgageuk #mortgagespecialists #nobrokerfee
There are so many types of insurance out there 🤯 It can be hard to know what type of protection is needed for you and your family. But we`re here to help.
Here`s how it works:
1. We`ll have a chat to really get a good idea of who you are, your lifestyle, your dependants and your plans.
2. We`ll analyse the information you`ve given us to determine the kind of policies suitable for you.
3. We`ll search all the available protection policies from the UK’s top insurers and make a shortlist of those that provide the right cover for your needs.
4. We`ll guide you through the shortlist and answer any questions you might have. If you want to proceed, we`ll deal with the insurers on your behalf to get your policies in place.
Check out the link in our bio for more information, or call us on 0800 612 5596 for a chat.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#insurancebroker #homeinsurance #lifeinsurance #contentsinsurance #incomeprotection #criticalillnesscover #buildingsinsurance
There are so many types of insurance out there 🤯 It can be hard to know what type of protection is needed for you and your family. But we`re here to help.
Here`s how it works:
1. We`ll have a chat to really get a good idea of who you are, your lifestyle, your dependants and your plans.
2. We`ll analyse the information you`ve given us to determine the kind of policies suitable for you.
3. We`ll search all the available protection policies from the UK’s top insurers and make a shortlist of those that provide the right cover for your needs.
4. We`ll guide you through the shortlist and answer any questions you might have. If you want to proceed, we`ll deal with the insurers on your behalf to get your policies in place.
Check out the link in our bio for more information, or call us on 0800 612 5596 for a chat.
...
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.
...
#insurancebroker #homeinsurance #lifeinsurance #contentsinsurance #incomeprotection #criticalillnesscover #buildingsinsurance
