MORTGAGE PAYMENT PROTECTION

Mortgage Payment Protection Insurance – The basics

Mortgage payment protection is designed to take care of your monthly mortgage payments and related outgoings in the event that you are unable to work after an accident, if you fall sick or lose your job.
Losing your income through unemployment, accident or sickness is tough enough without the worry of finding the money to meet your mortgage repayment and if you're unable to work because of an accident or sickness, you can focus on your recovery in the knowledge that your mortgage repayments are being met for up to a year.

Mortgage Payment Protection Insurance - a small price to pay for peace of mind!

 

Disclaimer:
Think carefully before securing other debts against your home. Your home maybe repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. A fee of between 0.5% and 1% of the mortgage advance will be payable on completion. The level of this fee will be based on the complexity  of your case (typically a mortgage of £100,000 the maximum fee will be £1000). In addition, we will also be paid commission from the lender. The overall cost for comparison is 7.60% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.