Your monthly mortgage repayments will be the biggest outgoing that you have but have you ever given any thought as to how you would keep up the repayments if you were to come out of work due to accident, long term sickness or unemployment? Mortgage cover can be expensive but there is a way that you can protect the roof…
Tag: Repayments
Mortgages Pay Back Over 40 Years
Mortgages are traditionally taken out over 25 years, 30 years at a push – but house prices have got so high that many would be homeowners have found themselves completely unable to get on the property ladder. Mortgage lenders have found a solution – offer a mortgage over a longer term so borrowers can afford the repayments. The catch is…
Long Term Loan Planning
Choosing a long term loan deal that’s right for you takes some careful thought and planning. When comparing and choosing loan deals, many people fall into the trap of thinking that the lower the APR deal, the cheaper the loan will be overall but that’s far from being the case. Firstly, when considering a loan that’s going to run over…
Protect Your Finances Against Coming Out Of Work Due To Redundancy With Redundancy Insurance
If you were to be made redundant then you would still have to meet your essential outgoings such as your loan repayments, mortgage repayments and the cost of everyday living. If you want to insure against this possibility then you can take out redundancy insurance in the form of loan payment protection, mortgage payment protection or income protection insurance. You…