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
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.
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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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#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
Let`s dive into some of the benefits of switching to a new mortgage:
👉🏻 Remortgaging can allow you to take out a new loan with lower monthly repayments, reducing your outgoings and making your home 🏡 more affordable.
👉🏻 Remortgaging might mean you find a loan you could pay off more quickly ⏱, through making larger monthly repayments.
👉🏻 If your home has increased considerably in value since you took out your original mortgage 💰, you could now be enjoying a lower rate of interest.
👉🏻 If you need to borrow money for, say, home improvements 🔨or to buy a new car 🚘, or you’d like to consolidate your loans, remortgaging can allow you to do it.
Our Mortgage Advisors can evaluate your unique situation, helping you to make an informed decision on costs and savings. We`ll do the paperwork for you and we`ll be there to decipher the jargon and answer any questions you might have.
Oh and did we mention we don`t charge a broker fee! 🤩
Send us a DM or call us on 0800 612 5596 to chat to one of our mortgage 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.
...
#homeownerlife #homeownertips #mortgageuk #mortgageadvice #mortgageexperts #mortgagetips
Let`s dive into some of the benefits of switching to a new mortgage:
👉🏻 Remortgaging can allow you to take out a new loan with lower monthly repayments, reducing your outgoings and making your home 🏡 more affordable.
👉🏻 Remortgaging might mean you find a loan you could pay off more quickly ⏱, through making larger monthly repayments.
👉🏻 If your home has increased considerably in value since you took out your original mortgage 💰, you could now be enjoying a lower rate of interest.
👉🏻 If you need to borrow money for, say, home improvements 🔨or to buy a new car 🚘, or you’d like to consolidate your loans, remortgaging can allow you to do it.
Our Mortgage Advisors can evaluate your unique situation, helping you to make an informed decision on costs and savings. We`ll do the paperwork for you and we`ll be there to decipher the jargon and answer any questions you might have.
Oh and did we mention we don`t charge a broker fee! 🤩
Send us a DM or call us on 0800 612 5596 to chat to one of our mortgage 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.
...
#homeownerlife #homeownertips #mortgageuk #mortgageadvice #mortgageexperts #mortgagetips
Our expert team have access to a comprehensive panel of lenders, ensuring we find the right mortgage solution tailored to your needs.
We`ll guide you every step of the way, answering your questions and making the process as painless as possible. But don`t just take our word for it, here`s what Bella had to say:
"The service Andy provided was flawless. Andy is super efficient, extremely knowledgeable & personable. He was always available to answer any questions I had throughout the process & helped me get the best mortgage possible allowing me to buy my new home.
Thank you so much Andy for all your help, advice & support."
Want to see more? 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.
...
#mortgageadvisor #nobrokerfee #dorset #dorsetbusiness #ukmortgages #mortgagespecialists
Our expert team have access to a comprehensive panel of lenders, ensuring we find the right mortgage solution tailored to your needs.
We`ll guide you every step of the way, answering your questions and making the process as painless as possible. But don`t just take our word for it, here`s what Bella had to say:
"The service Andy provided was flawless. Andy is super efficient, extremely knowledgeable & personable. He was always available to answer any questions I had throughout the process & helped me get the best mortgage possible allowing me to buy my new home.
Thank you so much Andy for all your help, advice & support."
Want to see more? 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.
...
#mortgageadvisor #nobrokerfee #dorset #dorsetbusiness #ukmortgages #mortgagespecialists
Upsizing can be expensive, so it`s crucial to know your budget and what kind of property you can actually afford.
When it comes to mortgages, it may be tempting to stick with your current lender, but it`s wise to explore your options. Because shopping around can pay off big time!
Even a mortgage with slightly better terms could save you thousands down the road or provide you with more flexible and affordable ways to pay it off ahead of time.
If you`d like to discuss your mortgage options with one of our experts, give us a call on 0800 612 5596. We don`t charge a broker fee!
...
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.
...
#upsizing #movinghome #devonproperty #savingmoney #mortgagebroker
Upsizing can be expensive, so it`s crucial to know your budget and what kind of property you can actually afford.
When it comes to mortgages, it may be tempting to stick with your current lender, but it`s wise to explore your options. Because shopping around can pay off big time!
Even a mortgage with slightly better terms could save you thousands down the road or provide you with more flexible and affordable ways to pay it off ahead of time.
If you`d like to discuss your mortgage options with one of our experts, give us a call on 0800 612 5596. We don`t charge a broker fee!
...
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.
...
#upsizing #movinghome #devonproperty #savingmoney #mortgagebroker
Just look at those smiley faces! We love keeping our fingers on the pulse, and last month was no exception.
Our compliance company runs conferences and roadshows that allow us to meet with lenders and stay up to date on all things mortgages. It enables us to continue being experts in helping you find the right mortgage for you!
Because our team`s scattered across the South West some went to Southampton and some to Bristol. Here`s Kelly, Michael and Ashley enjoying the Southampton roadshow!
...
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.
...
#southampton #southcoastuk #mortgagebroker #mortgageuk #mortgagespecialists #hlpartnership #nobrokerfee
Just look at those smiley faces! We love keeping our fingers on the pulse, and last month was no exception.
Our compliance company runs conferences and roadshows that allow us to meet with lenders and stay up to date on all things mortgages. It enables us to continue being experts in helping you find the right mortgage for you!
Because our team`s scattered across the South West some went to Southampton and some to Bristol. Here`s Kelly, Michael and Ashley enjoying the Southampton roadshow!
...
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.
...
#southampton #southcoastuk #mortgagebroker #mortgageuk #mortgagespecialists #hlpartnership #nobrokerfee
🏡 Ready to build your dream home? You`ll need a self-build mortgage that`s right for you...
With most self-build mortgages, the money is paid out after each stage of completion. But did you know that some self-build mortgages release the money required at the start of each stage?
This is particularly useful if you don`t have the cash up front to pay your builders or buy materials.
Interest rates on self-build mortgages tend to be higher than on standard mortgages, so it`s important to shop around before you decide which mortgage is right for you.
Let us help you find the right self-build mortgage to make your dream home a reality!
Send us a message, 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.
...
#selfbuildjourney #buildingourhome #buildingahouse #selfbuildhomes #housegoals #selfbuilduk #newbuildjourney #mortgagebroker #mortgagetips #southcoastuk
🏡 Ready to build your dream home? You`ll need a self-build mortgage that`s right for you...
With most self-build mortgages, the money is paid out after each stage of completion. But did you know that some self-build mortgages release the money required at the start of each stage?
This is particularly useful if you don`t have the cash up front to pay your builders or buy materials.
Interest rates on self-build mortgages tend to be higher than on standard mortgages, so it`s important to shop around before you decide which mortgage is right for you.
Let us help you find the right self-build mortgage to make your dream home a reality!
Send us a message, 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.
...
#selfbuildjourney #buildingourhome #buildingahouse #selfbuildhomes #housegoals #selfbuilduk #newbuildjourney #mortgagebroker #mortgagetips #southcoastuk
We`ll help you navigate every stage of finding and applying for a mortgage, including all the paperwork! Leaving you to enjoy the experience of buying your new home 💫
The best bit? We don`t charge a broker fee!
Send us a DM 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.
...
#homebuyer #movinghouses #homebuyingprocess #homebuyersguide #housemovers #buyingahome #ukproperty
We`ll help you navigate every stage of finding and applying for a mortgage, including all the paperwork! Leaving you to enjoy the experience of buying your new home 💫
The best bit? We don`t charge a broker fee!
Send us a DM 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.
...
#homebuyer #movinghouses #homebuyingprocess #homebuyersguide #housemovers #buyingahome #ukproperty
Life can get pretty busy, so we offer out-of-hours appointments that work for you. Whether it`s an evening or a weekend, in person or over the phone, we`re here when you need us.
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.
...
#wellingtonsomerset #southcoastuk #mortgagebroker #mortgageuk #mortgagespecialists #nobrokerfee
Life can get pretty busy, so we offer out-of-hours appointments that work for you. Whether it`s an evening or a weekend, in person or over the phone, we`re here when you need us.
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.
...
#wellingtonsomerset #southcoastuk #mortgagebroker #mortgageuk #mortgagespecialists #nobrokerfee
Although a mortgage is a long-term financial commitment, you don’t have to stay with the same product or lender for the whole term.
In fact, you should regularly review your mortgage, making sure it`s still suitable for your needs and the rate remains competitive.
We can help you assess whether things have changed since you took your original mortgage or are likely to change in the future. And offer advice on the suitability of your current mortgage.
Send us a DM or call us on 0800 612 5596 to chat to one of our mortgage 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.
...
#homeownerlife #homeownertips #mortgageuk #mortgageadvice #mortgageexperts #mortgagetips
Although a mortgage is a long-term financial commitment, you don’t have to stay with the same product or lender for the whole term.
In fact, you should regularly review your mortgage, making sure it`s still suitable for your needs and the rate remains competitive.
We can help you assess whether things have changed since you took your original mortgage or are likely to change in the future. And offer advice on the suitability of your current mortgage.
Send us a DM or call us on 0800 612 5596 to chat to one of our mortgage 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.
...
#homeownerlife #homeownertips #mortgageuk #mortgageadvice #mortgageexperts #mortgagetips
While contents insurance might offer some protection for items away from home, it`s usually limited and doesn`t cover all losses.
That`s where Personal Possessions Insurance comes in - typically offering full-value protection for things like phones, laptops, headphones, and cameras, no matter where you are.
Unsure what your current policy covers? Give Kelly, our insurance advisor, a call. She`ll review your policy and make sure you`re fully protected. And if you need additional coverage, she`ll help you find the right fit for your needs.
...
#personalpossessionsinsurance #contentsinsurance #homeownerhacks #insurancetips #insurancebroker #dorsetlife
While contents insurance might offer some protection for items away from home, it`s usually limited and doesn`t cover all losses.
That`s where Personal Possessions Insurance comes in - typically offering full-value protection for things like phones, laptops, headphones, and cameras, no matter where you are.
Unsure what your current policy covers? Give Kelly, our insurance advisor, a call. She`ll review your policy and make sure you`re fully protected. And if you need additional coverage, she`ll help you find the right fit for your needs.
...
#personalpossessionsinsurance #contentsinsurance #homeownerhacks #insurancetips #insurancebroker #dorsetlife
Meet Andrew (a.k.a. The Boss)
With a 25-year career in the British Army, Andrew launched YES Mortgage Services in 2014.
No stranger to the beautiful South Coast, Andrew bought his first house in Bovington and has called it home ever since. Now, he`s helping others get onto the property ladder from our Main Office in Mannington!
When he`s not hard at work, Andrew is a family man – happily married to Amanda and proud father of James and Jacob.
Their weekends are filled with exciting family adventures and cheering on their favourite rugby teams. As a die-hard fan, Andrew eagerly awaits the Army v Navy match every year!
With his extensive knowledge and passion for all things mortgage, Andrew helps make the process stress-free and easy to understand.
Meet the rest of our team via 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.
...
#bournemouthbusiness #southcoastuk #mortgagebroker #mortgageuk #mortgagespecialists #nobrokerfee
Meet Andrew (a.k.a. The Boss)
With a 25-year career in the British Army, Andrew launched YES Mortgage Services in 2014.
No stranger to the beautiful South Coast, Andrew bought his first house in Bovington and has called it home ever since. Now, he`s helping others get onto the property ladder from our Main Office in Mannington!
When he`s not hard at work, Andrew is a family man – happily married to Amanda and proud father of James and Jacob.
Their weekends are filled with exciting family adventures and cheering on their favourite rugby teams. As a die-hard fan, Andrew eagerly awaits the Army v Navy match every year!
With his extensive knowledge and passion for all things mortgage, Andrew helps make the process stress-free and easy to understand.
Meet the rest of our team via 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.
...
#bournemouthbusiness #southcoastuk #mortgagebroker #mortgageuk #mortgagespecialists #nobrokerfee
More and more investors are deciding to buy properties within a Limited Company to keep things tax efficient.
But when it comes to refinancing or purchasing a new investment property, the process of getting a mortgage can feel challenging.
But not anymore!
Our Specialist Mortgage Advisors know which Mortgage Lenders are used to working with Limited Company Buy to Let portfolios. They`ll find you the most suitable deal and save you time and money by managing your mortgage application from start to finish.
Visit our website to learn more (🔗 in bio)
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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.
Before pursuing Limited Company Buy To Let we recommend you seek advice from a tax expert.
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#buytolet #mortgageadvice #mortgagebroker #propertyinvestment #limitedcompanybuytolet #propertyinvesting #buytoletmortgage
More and more investors are deciding to buy properties within a Limited Company to keep things tax efficient.
But when it comes to refinancing or purchasing a new investment property, the process of getting a mortgage can feel challenging.
But not anymore!
Our Specialist Mortgage Advisors know which Mortgage Lenders are used to working with Limited Company Buy to Let portfolios. They`ll find you the most suitable deal and save you time and money by managing your mortgage application from start to finish.
Visit our website to learn more (🔗 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.
Before pursuing Limited Company Buy To Let we recommend you seek advice from a tax expert.
...
#buytolet #mortgageadvice #mortgagebroker #propertyinvestment #limitedcompanybuytolet #propertyinvesting #buytoletmortgage
