General Home Insurance

The costs for all General Home Insurance policies vary based on things like the size of the property and the type of cover you choose; unfortunately it’s not a tick box exercise of just going for the cheapest policy to say you have it – it’s about making sure you have a policy that meets your needs and covers you in the event you need to claim against it.

What is buildings and contents insurance?

If you own your own house, whether that’s a one bedroom flat, or a three-bed detached property, you’ll need to have buildings insurance in place to ensure you would pay for any necessary repairs, should your home suffer any damage.

Buildings insurance is usually a condition of your mortgage and you will need to take it at the point of exchange.

If you own your own home, it makes sense to have this type of insurance in place and without it, you could be putting your mortgage and your home at risk – something you won’t want to do

What are the Options:

Buildings Insurance

Buildings insurance covers the structure or fabric of your house, so the walls, roof, windows, floors, and often fixtures and fittings too. For instance, if you have a fitted kitchen or bathroom, your insurance is likely to pay for any repairs you need if they get damaged during your time living there.

By taking out home cover, you will be covered against a range of risks, an example of such are: fire, lightning, earthquakes, storms, floods, theft, vandalism, falling trees, water leaks and subsidence etc. Accidental damage to underground pipes and cables will normally be covered too. However, it is critical to check the actual wording of the policy to know what is and what is not specifically covered.

The buildings element of the 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

Contents insurance is for things like furniture, TVs, personal belongings and some types of flooring, including carpets. A simple way of putting it; if you turned your house upside down, contents insurance will cover you against the belongings that fall out of it.

Contents insurance covers you for your household contents – things like the television, stereo, computer, furniture etc. Generally, it is the total value of everything that is in your home that you would take with you if you were to move. Different policies provide different levels of cover but usually you’ll be covered against theft, fire and flood.

With most contents insurance there is the ability to insure your personal possessions away from 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.

Accidental Damage Insurance

Accidental damage cover also insures your belongings against any accidental damage. It’s worth keeping in mind that accidental damage cover is usually optional so don’t assume it’s included in your policy and there will be an additional charge.

Do I have to buy them as separate policies or a joint policy?

You can buy both buildings and contents insurance separately or as a joint policy. If you buy a combined policy you normally get a discount on the joint policy.

How much cover do I need?

How much cover you need to have in place will depend on the value of your property and your personal possessions.

Think about what you might need to replace in the event of a disaster or burglary and more importantly how much it would cost to replace these items. This will help you work out how much cover you might need to take out.

Your advisor will check what the individual insurer and policy cover is, as policies vary from one insurer to another in exactly what and how you are covered, as well as for how much. There are often exclusions to policies, so you will need to confirm you are happy to proceed with the proposed cover.

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If you're a member of the Armed Forces and need mortgage advice - we're here to support you.⁣
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We're a team of (ex-military) mortgage advisors, who understand the pressures you face and speak your language - from the terminology to the banter of service life. ⁣
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We can even read military pay statements! ⁣
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Visit our website to learn more (🔗 in bio)  or give us a call on 0800 612 5596.⁣
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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.⁣
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#raf #britisharmy #royalnavy #britisharmedforces #ukarmedforces #ukveterans #ukaf #forcesfamilies #ukveteranowned #forceshelptobuy

If you`re a member of the Armed Forces and need mortgage advice - we`re here to support you.⁣

We`re a team of (ex-military) mortgage advisors, who understand the pressures you face and speak your language - from the terminology to the banter of service life. ⁣

We can even read military pay statements! ⁣

Visit our website to learn more (🔗 in bio) or give us a call on 0800 612 5596.⁣

...⁣

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.⁣

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#raf #britisharmy #royalnavy #britisharmedforces #ukarmedforces #ukveterans #ukaf #forcesfamilies #ukveteranowned #forceshelptobuy
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The underwriting process is when the lender reviews your ability to repay a mortgage and decides whether they will approve the loan. It's a pretty important step in the journey to owning your dream home! ⁣
⁣
Though it may differ slightly between lenders, there are generally three parts:⁣
⁣
• Affordability⁣
⁣
First, the lender will review your mortgage application to assess your financial situation. They'll look at your income, outgoings, and other financial commitments to determine if you can afford the monthly repayments.⁣
⁣
• Creditworthiness⁣
⁣
Next, they'll assess your creditworthiness. They'll scrutinize your credit history and any previous experiences with borrowing money.⁣
⁣
• Decision⁣
⁣
Finally, the lender will make the big decision whether or not to approve your mortgage!⁣
⁣
We’re here to help you through every step of the mortgage process and are always on hand to answer your questions.  Give us a call on 0800 612 5596. ⁣
⁣
...⁣
⁣
⁣
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.

The underwriting process is when the lender reviews your ability to repay a mortgage and decides whether they will approve the loan. It`s a pretty important step in the journey to owning your dream home! ⁣

Though it may differ slightly between lenders, there are generally three parts:⁣

• Affordability⁣

First, the lender will review your mortgage application to assess your financial situation. They`ll look at your income, outgoings, and other financial commitments to determine if you can afford the monthly repayments.⁣

• Creditworthiness⁣

Next, they`ll assess your creditworthiness. They`ll scrutinize your credit history and any previous experiences with borrowing money.⁣

• Decision⁣

Finally, the lender will make the big decision whether or not to approve your mortgage!⁣

We’re here to help you through every step of the mortgage process and are always on hand to answer your questions. Give us a call on 0800 612 5596. ⁣

...⁣


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.
...

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Retirement is an exciting time full of new adventures and quality time with your loved ones.⁣
⁣
But getting a mortgage can be tricky, and that's where retirement interest-only mortgages come in.⁣
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During the term of the mortgage, you'll make monthly repayments to cover the interest. And the outstanding capital you owe will be paid off when selling the house, when you pass away, or if you transition to long-term care.⁣
⁣
If you’re looking for a retirement interest-only mortgage, and want to find out more, tap the link in our bio or call us on 0800 612 5596 to chat with one of our friendly advisors.⁣
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...⁣
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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.⁣
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...⁣
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#retireuk #retirementuk #retirement #retire #retirementplanning #retirementmortgage #mortgagesuk

Retirement is an exciting time full of new adventures and quality time with your loved ones.⁣

But getting a mortgage can be tricky, and that`s where retirement interest-only mortgages come in.⁣

During the term of the mortgage, you`ll make monthly repayments to cover the interest. And the outstanding capital you owe will be paid off when selling the house, when you pass away, or if you transition to long-term care.⁣

If you’re looking for a retirement interest-only mortgage, and want to find out more, tap the link in our bio or call us on 0800 612 5596 to chat with one of our friendly advisors.⁣

...⁣


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.⁣

...⁣

#retireuk #retirementuk #retirement #retire #retirementplanning #retirementmortgage #mortgagesuk
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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 dream home can become a 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.

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 dream home can become a 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.
...

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Kelly is our dedicated insurance protection specialist. She joined the team in 2019, bringing nearly 20 years of experience in the financial industry and over 10 years in the protection sector 🌟⁣
⁣
Her drive is to ensure people are protected as she has experienced first-hand how a loss can impact family and everyday life.⁣
⁣
Kelly enjoys spending time with her friends, especially taking her nephews to Bournemouth football matches! And she has the most gorgeous King Charles Cavalier called Rufus 🐶 (who enjoys keeping her on her toes!)⁣
⁣
If you need help deciding which individual insurance, specialist insurance, or general home insurance is right for you give Kelly a call on 0800 612 5596.

Kelly is our dedicated insurance protection specialist. She joined the team in 2019, bringing nearly 20 years of experience in the financial industry and over 10 years in the protection sector 🌟⁣

Her drive is to ensure people are protected as she has experienced first-hand how a loss can impact family and everyday life.⁣

Kelly enjoys spending time with her friends, especially taking her nephews to Bournemouth football matches! And she has the most gorgeous King Charles Cavalier called Rufus 🐶 (who enjoys keeping her on her toes!)⁣

If you need help deciding which individual insurance, specialist insurance, or general home insurance is right for you give Kelly a call on 0800 612 5596.
...

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Not all mortgages are created equal. ⁣
⁣
Let us help you navigate the maze of mortgage options and find the right match that aligns with your financial goals.⁣
⁣
We'll listen to your needs, guide you through the process, and recommend only the most suitable deals. Call us on 0800 612 5596 or send us a DM. ⁣
⁣
...⁣
⁣
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.⁣
⁣
...⁣
⁣
#movinghouse #buyingahouse #letsbuyahouse #housemove #newhome #housebuyingtips #movinghomes

Not all mortgages are created equal. ⁣

Let us help you navigate the maze of mortgage options and find the right match that aligns with your financial goals.⁣

We`ll listen to your needs, guide you through the process, and recommend only the most suitable deals. Call us on 0800 612 5596 or send us a DM. ⁣

...⁣

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.⁣

...⁣

#movinghouse #buyingahouse #letsbuyahouse #housemove #newhome #housebuyingtips #movinghomes
...

2 0
Timing is everything when it comes to renewing your mortgage...⁣
⁣
Starting the process around six months before your current deal ends can prevent you from being automatically switched to your lender's standard variable rate - which is often much more expensive!⁣
⁣
Our team of mortgage advisors are here to guide you through the world of remortgages and answer any questions you have. Click the link in our bio to learn more 🔗 or give us a call on on 0800 612 5596.⁣
⁣
...⁣
⁣
⁣
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.

Timing is everything when it comes to renewing your mortgage...⁣

Starting the process around six months before your current deal ends can prevent you from being automatically switched to your lender`s standard variable rate - which is often much more expensive!⁣

Our team of mortgage advisors are here to guide you through the world of remortgages and answer any questions you have. Click the link in our bio to learn more 🔗 or give us a call on on 0800 612 5596.⁣

...⁣


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.
...

2 0
A quick guide to the things that can impact the interest rate on your mortgage:⁣
⁣
• Type of mortgage - Variable rate mortgages often offer lower interest rates when compared to fixed-rate mortgages. The reason for this is that with a fixed rate, you're paying for the certainty of knowing what your monthly payments will be.⁣
⁣
• Debt-to-income ratio - This represents the amount you spend each month on debts, divided by your monthly income. Generally, a lower debt-to-income ratio can help you secure better rates.⁣
⁣
• Credit score - A higher credit score typically translates to a lower interest rate, while a lower score may result in a higher rate.⁣
⁣
• Loan-to-value ratio - Calculated as a percentage, the loan-to-value ratio represents the loan amount compared to the value of your house. Generally, a lower LTV can help you secure better rates.⁣
⁣
• Using a broker - Using a mortgage broker can give you an advantage in negotiating favourable mortgage terms. They have insider knowledge of available offers and rate discounts that may not be accessible when applying directly.⁣
⁣
If you're looking to secure a favourable rate, we can offer tailored advice and guidance to help you find the most suitable deal for your needs - and we don't charge a broker fee!⁣
⁣
Give us a call 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.⁣
⁣
...⁣
⁣
#movinghouse #buyingahouse #letsbuyahouse #housemove #newhome #housebuyingtips #movinghomes #mortgageinterestrates #interestrate

A quick guide to the things that can impact the interest rate on your mortgage:⁣

• Type of mortgage - Variable rate mortgages often offer lower interest rates when compared to fixed-rate mortgages. The reason for this is that with a fixed rate, you`re paying for the certainty of knowing what your monthly payments will be.⁣

• Debt-to-income ratio - This represents the amount you spend each month on debts, divided by your monthly income. Generally, a lower debt-to-income ratio can help you secure better rates.⁣

• Credit score - A higher credit score typically translates to a lower interest rate, while a lower score may result in a higher rate.⁣

• Loan-to-value ratio - Calculated as a percentage, the loan-to-value ratio represents the loan amount compared to the value of your house. Generally, a lower LTV can help you secure better rates.⁣

• Using a broker - Using a mortgage broker can give you an advantage in negotiating favourable mortgage terms. They have insider knowledge of available offers and rate discounts that may not be accessible when applying directly.⁣

If you`re looking to secure a favourable rate, we can offer tailored advice and guidance to help you find the most suitable deal for your needs - and we don`t charge a broker fee!⁣

Give us a call 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.⁣

...⁣

#movinghouse #buyingahouse #letsbuyahouse #housemove #newhome #housebuyingtips #movinghomes #mortgageinterestrates #interestrate
...

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We offer appointments outside normal working hours!⁣
⁣
So if you need mortgage advice in the evenings once the kids have gone to bed or at the weekend when you're not busy with work - we are available for you. ⁣
⁣
And the best bit? We don't charge a broker fee!⁣
⁣
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.

We offer appointments outside normal working hours!⁣

So if you need mortgage advice in the evenings once the kids have gone to bed or at the weekend when you`re not busy with work - we are available for you. ⁣

And the best bit? We don`t charge a broker fee!⁣

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.
...

3 0
Buying a house? Here's what you need to know about lender's valuations:⁣
⁣
A lender's valuation helps the mortgage company decide if the house you want to buy is worth enough to secure your loan.⁣
⁣
Exactly what's included varies, but they typically examine the property's type, condition, and sales data of similar properties in the area.⁣
⁣
But, it's important to keep in mind that a lender's valuation isn't a full survey. ⁣
⁣
It can't tell you everything that might be wrong with the house, like whether it has any costly issues that need addressing with the gas or electrics. So, it's usually a good idea to get your own survey done by a reputable surveyor.⁣
⁣
Buying your first home and taking out a mortgage can be overwhelming at times, but we're here to help. Hit follow for more tips or arrange a chat with one of our advisors on 0800 612 5596.⁣
⁣
...⁣
⁣
⁣
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

Buying a house? Here`s what you need to know about lender`s valuations:⁣

A lender`s valuation helps the mortgage company decide if the house you want to buy is worth enough to secure your loan.⁣

Exactly what`s included varies, but they typically examine the property`s type, condition, and sales data of similar properties in the area.⁣

But, it`s important to keep in mind that a lender`s valuation isn`t a full survey. ⁣

It can`t tell you everything that might be wrong with the house, like whether it has any costly issues that need addressing with the gas or electrics. So, it`s usually a good idea to get your own survey done by a reputable surveyor.⁣

Buying your first home and taking out a mortgage can be overwhelming at times, but we`re here to help. Hit follow for more tips or arrange a chat with one of our advisors on 0800 612 5596.⁣

...⁣


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
...

1 0
"...There was nothing hidden or any personal gain for the company, just genuinely making sure we got the best we could get under our circumstances. We will be definitely using them again when it comes to the time to remortgage."⁣
⁣
Don't let credit issues hold you back from owning your own home. We have access to a comprehensive panel of lenders, so we may be able to connect you with lenders who are more sympathetic to your situation.⁣
⁣
Visit our website to learn more (🔗 in bio) or give us a call on 0800 612 5596.⁣
⁣
...⁣
⁣
⁣
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.

"...There was nothing hidden or any personal gain for the company, just genuinely making sure we got the best we could get under our circumstances. We will be definitely using them again when it comes to the time to remortgage."⁣

Don`t let credit issues hold you back from owning your own home. We have access to a comprehensive panel of lenders, so we may be able to connect you with lenders who are more sympathetic to your situation.⁣

Visit our website to learn more (🔗 in bio) or give us a call on 0800 612 5596.⁣

...⁣


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.
...

1 0