All our panel mortgage brokers are registered with and regulated by the Financial Conduct Authority.
Your home may be repossessed if you do not keep up repayments on your mortgage.
What happens if a disaster prevents you making your mortgage repayments?
A mortgage is a huge commitment; you normally have to repay the loan to your lender - also known as 'redeeming your mortgage' - by making monthly payments over a 25-year period.
You should therefore consider how the money would be repaid were you to either:
1 Die prematurely; or
2 Stop working, either through losing your job or by suffering a prolonged illness.
Your lender can repossess your home if you default on mortgage repayments and if you have family or dependants, they will be made homeless. You can take out life insurance and mortgage protection insurance to protect against repossession due to death or loss of income.
FREE Online Conveyancing Process For Buyers
Our conveyancing process area includes:
- online checklists
- videos
- free downloads
- useful tips
It is completely free to use - from start to finish - and saves your progress along the way.