More than just the mortgage
Protecting your mortgage and loved ones.
How can your adviser help you?
- Answer any questions and concerns you may have.
- Review your requirements on a regular basis, taking into account any changes to your commitments or lifestyle.
Once you’ve had your mortgage approved, the next step is to think about protecting your home and loved ones. The mortgage isn’t usually the only payment you need to make each month. What about covering everyday bills and expenses? Utility bills, food shopping, travel costs, childcare – the list could go on.
It’s not nice to think about, but:
- How would one partner cope financially with the death or critical illness of the other?
- Could you afford to maintain your current lifestyle?
- Could you afford the financial costs of raising your family?
Protection products can help provide financial peace of mind when it’s needed most. They’re designed to provide you with a cash sum or monthly benefit, depending on the product you choose.
Having protection cover in place could help you:
- Maintain your standard of living
- Pay your monthly bills and meet your daily living costs
- Pay off your debts
- Afford to stay in your family home rather than have to downsize.
HOW MUCH WILL IT COST?
Premiums are based on your personal circumstances. Usually, the younger you are, the less you’ll pay for protection products. We all want security for our future, a chance to maintain the financial stability we have worked so hard for. That’s why it’s important to think ahead and plan for the future.
WHO CAN BE COVERED?
It’s also important to remember that it’s not just the main wage earner that you may need to consider when working out the amount of cover you need. Have you thought about the value of the work you or your partner does around the home?
Castle Mortgages has links to panel of insurance providers – please contact us for details.
Castle Mortgages is a trading name of Steven McKernan who is an Appointed Representative of PRIMIS Mortgage Network, a trading name of Advance Mortgage Funding Ltd. Advance Mortgage Funding Ltd is authorised and regulated by the Financial Conduct Authority.
The guidance and/or advice contained in this website is subject to the UK regulatory regime and is therefore restricted to consumers based in the UK.
Fees and charges
Castle Mortgages offers and initial no obligation consultation. Following a successful mortgage application we will charge a fee based on the complexity of your application and how much work is required and this is only payable once we have found a solution for your needs. This will be discussed with you at your initial appointment. A typical fee charged will be £595.