Personal Finance Worries Lead Homeowners to Seek Mortgage Advice
Personal Finance Worries Lead Homeowners to Seek Mortgage Advice
With a survey conducted by insolvency trade body R3 revealing that 30% of people believe their personal financial position will worsen in the next 6 months, now is the best time to make sure that adequate mortgage or redundancy protection policies are in place just in case these fears do become reality.
Mortgage Repayments Biggest Worry
Worryingly, 23% of those in the survey name mortgage repayments as their biggest worry. Concerned? If so, you should speak to amortgage broker as soon as possible so they can help you put measures in place to protect your home.
It may make sense to fix your mortgage rate now so the fear of unexpected standard rate rises will be eliminated and a certain degree of stability can be achieved.
Protect your Home and your Income
Whole of market mortgage advisers also offer advice on all types of mortgage protection and redundancy insurance policies. Because there an abundance of insurance products on the market, finding the right policies to suit your specific situation can be difficult and with your home riding on the protection offered by your policy, seeking expert guidance is vital. An adviser with access to the entire market will be able to recommend income protection, accident and sickness insurance, mortgage protection and life assurance products best suited to your needs.
Do something to protect you and your family today: contact a mortgage broker formortgage protection policy advice and guidance on fixed rate mortgages.
Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it.