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.

Income Protection Insurance sometimes referred to as Mortgage Payment Protection and Accident and Sickness Protection – is designed to pay a monthly income to help replace any lost income, should you not be able to work due to accident or sickness.

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.

Buildings insurance usually covers the structure of your home and any fixtures or fittings, garages, drives, fences, walls, out-buildings, swimming pools and tennis courts.

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.

DOWNLOAD THE LATEST COPY OF OUR MORTGAGE AND PROPERTY MAGAZINE

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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.⁣
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But not anymore!⁣
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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. ⁣
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Visit our website to learn more (🔗 in bio)⁣
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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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Before pursuing Limited Company Buy To Let we recommend you seek advice from a tax expert.⁣
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...⁣
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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
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All lenders have different forms of acceptable income. ⁣
⁣
Your salary is an obvious form of income. But there are some lenders who will accept alternative forms of income and not just your salary, things like;⁣
⁣
👉 Zero hours contacts⁣
👉 Foster parent income⁣
👉 Rental income⁣
👉 DWP income & allowances⁣
👉 Irregular commission⁣
👉 Bonuses & shift allowances⁣
⁣
By discussing your whole situation and income with one of our Mortgage Advisors, we can explain which lenders are most likely to accept your income. ⁣
⁣
Give us a call on 0800 612 5596 or 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.⁣
⁣
...⁣
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#buyingahouse #homebuyersguide #moneyeducation #housebuying #mortgagetips #mortgageadvice

All lenders have different forms of acceptable income. ⁣

Your salary is an obvious form of income. But there are some lenders who will accept alternative forms of income and not just your salary, things like;⁣

👉 Zero hours contacts⁣
👉 Foster parent income⁣
👉 Rental income⁣
👉 DWP income & allowances⁣
👉 Irregular commission⁣
👉 Bonuses & shift allowances⁣

By discussing your whole situation and income with one of our Mortgage Advisors, we can explain which lenders are most likely to accept your income. ⁣

Give us a call on 0800 612 5596 or 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.⁣

...⁣

#buyingahouse #homebuyersguide #moneyeducation #housebuying #mortgagetips #mortgageadvice
...

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Tired of trawling through mortgage deals?⁣
⁣
Let us guide you through your options and help you find the right mortgage for your needs.⁣
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We have access to a comprehensive panel of lenders to ensure we research the most suitable mortgage solution for your situation.⁣
⁣
And we'll be by your side every step of the way, from understanding your financial situation to guiding you through the mortgage application process.⁣
⁣
The best bit? We don't charge a broker fee! ⁣
⁣
Get in touch for a chat on 0800 612 5596 or 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.⁣
⁣
⁣
...⁣
⁣
#mortgageadvisor #nobrokerfee #dorset #dorsetbusiness #ukmortgages #mortgagespecialists

Tired of trawling through mortgage deals?⁣

Let us guide you through your options and help you find the right mortgage for your needs.⁣

We have access to a comprehensive panel of lenders to ensure we research the most suitable mortgage solution for your situation.⁣

And we`ll be by your side every step of the way, from understanding your financial situation to guiding you through the mortgage application process.⁣

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

Get in touch for a chat on 0800 612 5596 or 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.⁣


...⁣

#mortgageadvisor #nobrokerfee #dorset #dorsetbusiness #ukmortgages #mortgagespecialists
...

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To move or not to move? That is the question!⁣
⁣
Making the decision to move home is a personal one and depends on your unique circumstances. But here are some things to consider when weighing the pros and cons:⁣
⁣
✅ A fresh start - If you’re feeling stuck in a rut or just need a change of scenery, moving home can be the perfect way to start over.⁣
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✅ Closer to loved-ones - If you’re moving to be closer to family or friends, it can make the transition much easier.⁣
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✅ More space - If you’re cramped for space in your current home, moving to a bigger property can be a great solution.⁣
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❌ Cost of moving - Moving home can be an expensive process, especially if you’re hiring professional help to do the heavy lifting. ⁣
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❌ Packing and unpacking - If you’re not prepared for the amount of work involved, it can be very overwhelming.⁣
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❌ Adjusting to a new home - Adjusting to a new home can be difficult, especially if you’re used to your current surroundings. ⁣
⁣
...⁣
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#movinghouse #buyingahouse #letsbuyahouse #housemove #newhome #housebuyingtips #movinghomes

To move or not to move? That is the question!⁣

Making the decision to move home is a personal one and depends on your unique circumstances. But here are some things to consider when weighing the pros and cons:⁣

✅ A fresh start - If you’re feeling stuck in a rut or just need a change of scenery, moving home can be the perfect way to start over.⁣

✅ Closer to loved-ones - If you’re moving to be closer to family or friends, it can make the transition much easier.⁣

✅ More space - If you’re cramped for space in your current home, moving to a bigger property can be a great solution.⁣

❌ Cost of moving - Moving home can be an expensive process, especially if you’re hiring professional help to do the heavy lifting. ⁣

❌ Packing and unpacking - If you’re not prepared for the amount of work involved, it can be very overwhelming.⁣

❌ Adjusting to a new home - Adjusting to a new home can be difficult, especially if you’re used to your current surroundings. ⁣

...⁣

#movinghouse #buyingahouse #letsbuyahouse #housemove #newhome #housebuyingtips #movinghomes
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If you’re self-employed and looking to get a mortgage, there's a few things you should take into account. ⁣
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👉 Lenders will typically require proof of income and tax returns for the past three years in order to assess your affordability. ⁣
⁣
👉 They will also ask for additional information, such as bank statements and invoices.⁣
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👉 As a self-employed borrower, you may be considered a higher risk by lenders, so it’s worth shopping around to find a deal that’s right for you. ⁣
⁣
We're here to help you navigate the self-employed mortgage process. Give us a call on 0800 612 5596 to arrange a chat. ⁣
⁣
We are available outside usual working hours, and 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.⁣
⁣
⁣
...⁣
⁣
#selfemployedmortgages #selfemployed #bournemouthbusiness #smallbusiness #mortgagetips #mortgagesuk

If you’re self-employed and looking to get a mortgage, there`s a few things you should take into account. ⁣

👉 Lenders will typically require proof of income and tax returns for the past three years in order to assess your affordability. ⁣

👉 They will also ask for additional information, such as bank statements and invoices.⁣

👉 As a self-employed borrower, you may be considered a higher risk by lenders, so it’s worth shopping around to find a deal that’s right for you. ⁣

We`re here to help you navigate the self-employed mortgage process. Give us a call on 0800 612 5596 to arrange a chat. ⁣

We are available outside usual working hours, and 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.⁣


...⁣

#selfemployedmortgages #selfemployed #bournemouthbusiness #smallbusiness #mortgagetips #mortgagesuk
...

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"I'd heard about Yes Mortgages via word of mouth and hadn't heard a bad word word, now I know I why."⁣
⁣
Maybe you’re looking to buy your first home. Or refinance the one you’re already in 🏡. No matter your situation, our personal goal is to see that it ends with you getting the loan you need when you need it. At the rate you deserve. And with a level of care beyond anything you expect 🌟⁣
⁣
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.⁣
⁣
...⁣
⁣
#bournemouthbusiness #southcoastuk #mortgagebroker #mortgageuk #mortgagespecialists #nobrokerfee

"I`d heard about Yes Mortgages via word of mouth and hadn`t heard a bad word word, now I know I why."⁣

Maybe you’re looking to buy your first home. Or refinance the one you’re already in 🏡. No matter your situation, our personal goal is to see that it ends with you getting the loan you need when you need it. At the rate you deserve. And with a level of care beyond anything you expect 🌟⁣

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.⁣

...⁣

#bournemouthbusiness #southcoastuk #mortgagebroker #mortgageuk #mortgagespecialists #nobrokerfee
...

2 0
What's the best mortgage? How much can I borrow? What deposit will I need? 🤯 It can all get a bit much. ⁣
⁣
But our mortgage advisors are here to guide you every step of the way, cut through the jargon and answer any questions you may have (even the ones you think might be silly). ⁣
⁣
We don't charge a broker fee, so get in touch for a chat - call us on 0800 612 5596 or send 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.⁣
⁣
...⁣
⁣
#firsthometogether #firsttimehomebuyertips #firstimebuyer #firsttimebuyersuk #househunters #letsbuyahouse

What`s the best mortgage? How much can I borrow? What deposit will I need? 🤯 It can all get a bit much. ⁣

But our mortgage advisors are here to guide you every step of the way, cut through the jargon and answer any questions you may have (even the ones you think might be silly). ⁣

We don`t charge a broker fee, so get in touch for a chat - call us on 0800 612 5596 or send 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.⁣

...⁣

#firsthometogether #firsttimehomebuyertips #firstimebuyer #firsttimebuyersuk #househunters #letsbuyahouse
...

1 0
Big changes in your life, planned or unexpected, could mean that your current mortgage no longer suits your needs.⁣
⁣
But with so many lenders out there, it can be overwhelming to navigate the varying interest rates, terms, and fees 🤯⁣
⁣
Well, we're here to do the legwork for you...⁣
⁣
We'll compare different offers and find the most suitable mortgage deals for your situation and be there to guide you through every step until completion.⁣
⁣
The best bit? We don't charge a broker fee!⁣
⁣
Call us for a chat on 0800 612 5596, or visit our website for more info (link 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.⁣
⁣
...⁣
⁣
#homeownerlife #homeownertips #mortgageuk #mortgageadvice #mortgageexperts #westcountry

Big changes in your life, planned or unexpected, could mean that your current mortgage no longer suits your needs.⁣

But with so many lenders out there, it can be overwhelming to navigate the varying interest rates, terms, and fees 🤯⁣

Well, we`re here to do the legwork for you...⁣

We`ll compare different offers and find the most suitable mortgage deals for your situation and be there to guide you through every step until completion.⁣

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

Call us for a chat on 0800 612 5596, or visit our website for more info (link 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.⁣

...⁣

#homeownerlife #homeownertips #mortgageuk #mortgageadvice #mortgageexperts #westcountry
...

1 0
What is an agreement in principle, and do you need one? 🤔⁣
⁣
An agreement in principle is a statement offered by lenders to give you an estimate of how much they're likely to lend you.⁣
⁣
Having one will help you narrow down your house hunt to those properties in your price range and will help you prove to sellers and agents that you’re a serious buyer. ⁣
⁣
Learn more about the world of mortgages on our blog (🔗 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.⁣
⁣
...⁣
⁣
#agreementinprinciple #firsttimehomebuyertips #firstimebuyer #homebuyingprocess #buyingyourfirsthome #househuntingadventures

What is an agreement in principle, and do you need one? 🤔⁣

An agreement in principle is a statement offered by lenders to give you an estimate of how much they`re likely to lend you.⁣

Having one will help you narrow down your house hunt to those properties in your price range and will help you prove to sellers and agents that you’re a serious buyer. ⁣

Learn more about the world of mortgages on our blog (🔗 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.⁣

...⁣

#agreementinprinciple #firsttimehomebuyertips #firstimebuyer #homebuyingprocess #buyingyourfirsthome #househuntingadventures
...

1 0
If you're about to buy your first home, you've probably heard a lot about home insurance. But what is it, and do you need it?⁣
⁣
There are two parts to home insurance: ⁣
⁣
🏠 Buildings insurance covers the structure or fabric of your house; the walls, roof, windows, floors, and often fixtures and fittings too. ⁣
⁣
🛋 Contents insurance is for things like furniture, TVs and personal belongings. ⁣
⁣
A simple way of putting it; if you turned your house upside down, contents insurance would cover you against the belongings that fall out of it. Buildings insurance should cover the rest.⁣
⁣
Mortgage lenders insist you take out buildings insurance when you exchange contracts. ⁣
⁣
And while you don't need Contents Insurance to buy a house, it might offer peace of mind to have it (particularly given that the average household owns around £35,000 of stuff!). ⁣
⁣
If you need help finding the right policy, our insurance advisor Kelly is available. Send us a message or call 0800 612 5596.

If you`re about to buy your first home, you`ve probably heard a lot about home insurance. But what is it, and do you need it?⁣

There are two parts to home insurance: ⁣

🏠 Buildings insurance covers the structure or fabric of your house; the walls, roof, windows, floors, and often fixtures and fittings too. ⁣

🛋 Contents insurance is for things like furniture, TVs and personal belongings. ⁣

A simple way of putting it; if you turned your house upside down, contents insurance would cover you against the belongings that fall out of it. Buildings insurance should cover the rest.⁣

Mortgage lenders insist you take out buildings insurance when you exchange contracts. ⁣

And while you don`t need Contents Insurance to buy a house, it might offer peace of mind to have it (particularly given that the average household owns around £35,000 of stuff!). ⁣

If you need help finding the right policy, our insurance advisor Kelly is available. Send us a message or call 0800 612 5596.
...

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We believe in providing quality financial advice to everyone, regardless of their financial status. ⁣
⁣
That's why we don't charge a broker fee 🤩⁣
⁣
You won't pay us a penny for our services! ⁣
⁣
We'll look after you for the lifetime of your mortgage/home ownership, ensuring you never pay more than you should on your loan. Whether you're remortgaging, moving home, or making any subsequent property purchase, we've got you covered.⁣
⁣
Visit our website (🔗 in 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.⁣
⁣
...⁣
⁣
#mortgageadvisor #nobrokerfee #dorset #dorsetbusiness #ukmortgages #mortgagespecialists

We believe in providing quality financial advice to everyone, regardless of their financial status. ⁣

That`s why we don`t charge a broker fee 🤩⁣

You won`t pay us a penny for our services! ⁣

We`ll look after you for the lifetime of your mortgage/home ownership, ensuring you never pay more than you should on your loan. Whether you`re remortgaging, moving home, or making any subsequent property purchase, we`ve got you covered.⁣

Visit our website (🔗 in 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.⁣

...⁣

#mortgageadvisor #nobrokerfee #dorset #dorsetbusiness #ukmortgages #mortgagespecialists
...

1 0
Let us find the right property finance to fund your investment portfolio...⁣
⁣
We know a buy-to-let investment can be a big commitment, so our dedicated mortgage advisers will help you consider the costs, responsibilities, and risks whether you’re starting or expanding your investment property portfolio.⁣
⁣
Have a chat with one of our buy-to-let mortgage experts 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.⁣
⁣
...⁣
⁣
#propertyinvestmentuk #buytolet #ukproperty #ukpropertyinvestor #landlordsecrets #investmentproperty

Let us find the right property finance to fund your investment portfolio...⁣

We know a buy-to-let investment can be a big commitment, so our dedicated mortgage advisers will help you consider the costs, responsibilities, and risks whether you’re starting or expanding your investment property portfolio.⁣

Have a chat with one of our buy-to-let mortgage experts 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.⁣

...⁣

#propertyinvestmentuk #buytolet #ukproperty #ukpropertyinvestor #landlordsecrets #investmentproperty
...

1 0