Mortgages, Remortgages, PRC Brick Up, PRC Repair, PRC mortgages, Advice For PRC House Owners, Purchasers, Right to Buy Tenants, Tel: 08454 174425

the-mortgage.co.uk

Our Services

We are an established UK mortgage intermediary and can advise you on a wide range of financial services products, including mortgages and remortgages, home and contents insurance, family income protection and life protection.

With many years of experience in helping clients through the maze of arranging a mortgage, we take pride in providing you with a friendly, professional, experienced and knowledgeable service. We have access to many thousands of products and services from a wide range of lenders in the UK . This enables us to find the most suitable product for you given your specific set of circumstances.

We also have access to a full range of general insurance and life assurance products, where again we will search out the most appropriate deal for you from a group of well known insurers.

We are committed to providing you with a service which will not only help you to find the right products to suit your needs but will also support you through the entire purchasing process and beyond. Our range of services is described further below.

PRC Mortgages & PRC Brickup Repair Advice

We are specialists in providing mortgages for non-standard construction property, including pre-cast reinforced concrete (PRC) houses classed as "defective" under the Housing Act 1985 and are unacceptable to most lenders unless repaired under a licensed repair scheme. We can assist you whether you are an owner, tenant with the Right to Buy or otherwise a prospective purchaser of such a house. PRC Mortgages and PRC Brick Up Repairs

Mortgages

Your mortgage is probably the largest financial transaction and commitment you are likely to undertake. Surely then you should seek mortgage advice which is individually tailored to your needs and requirements?

We are not tied to any lender, which means that we act entirely on your behalf and represent your best interests in order to establish the most appropriate mortgage solution for you.

There are so many types of mortgage available that it is easy to become confused, possibly opting for the product offering the lowest headline rate of interest. But when booking and arrangement fees, conditional insurances, higher lending charge premiums, lock-ins and early redemption charges are taken into account the products may not be as attractive as they first appear.

Based on the information you provide we will search from a wide range of lenders in the UK , some of which offer exclusive products to brokers such as ourselves, to determine which lender will offer you the most attractive mortgage options suited to your particular requirements and financial circumstances.

Save Money on Home & Family Protection Insurances! Try Us!

Your Our insurance policy will always be placed with one of the UK ’s leading life insurance companies. We search multiple companies to present you with the best options available in the UK . Our research ensures that our insurance quotes are always as inexpensive as possible.

If you have obtained what appears to be a lower quote elsewhere within the last 7 days for a like-for-like policy, then just email us details of the quote and we will do our best to beat it.

Buildings and Contents Insurance

You need to consider two kinds of insurance for your home. Buildings insurance, which covers the structure of your property and any fixtures and fittings, and Contents insurance, which covers all the furniture, furnishings and personal possessions in your home. In fact, it covers the things you would take with you if you moved.

The sum insured for buildings insurance must be the full rebuilding cost of your property and the sum insured for contents insurance should represent the amount required to replace all your furnishings and possessions at current day prices. As well as covering you against a long list of 'risks' (including fires, subsidence, theft, flood and storm) both types of cover include an important 'liability' section. This can provide you with protection if you are sued by a third party alleging injury to themselves or damage to their property caused by you or some defect in your property.

We have access to a number of buildings and contents insurers and should be able to find a policy to suit your particular needs.

Accident, Sickness and Unemployment Insurance (Mortgage Payment Protection)

Becoming unemployed can cause many problems, not least the fact that there simply may not be any money to pay the bills. Most people will agree that their home is their most important material possession, yet if mortgage payments cannot be made, the security of a home can be taken away.

You cannot rely on state help to cover your mortgage payments if you cannot work. There is no help for the first nine months of unemployment or disability for mortgages taken since October 1995. Existing borrowers only qualify for benefit if they qualify for Income Support.

You can buy cover to protect your mortgage payments if you have an accident or become ill and cannot work, if you become unemployed, or to provide full cover for accidents, sickness and unemployment. The terms and conditions under which you can claim differ with every policy, so you should always check them very carefully.

The Benefit period is the length of time you can claim monthly payments for, and these vary for each policy. You can select the time period you want to be covered (1 year, 2 years etc) but the longer you want the cover for, the more expensive the premiums will be.

There is also an Exclusion Period, sometimes known as an Excess period. This is the time you have to wait to start receiving benefits from the policy after you have become ill, had an accident or become unemployed. Again, this can vary from having no exclusion period to 30, 60 or 90 days. In some instances, this can be even longer.

Family Protection

Level term life insurance

Level term life insurance is sometimes known as Term Assurance or simply Life Insurance. You can take this type of life insurance on your own, or with somebody else as a joint plan.

You choose the amount of cover you need and the length of the plan. The level of cover remains the same throughout the plan term and usually so do the premiums you pay. The plan has no cash-in value at any time.

Decreasing term life insurance

Decreasing term life insurance is sometimes known as Mortgage Life Insurance. You can take this type of life insurance on your own, or with your partner as a joint plan.

Mortgage Life Insurance is designed specifically to protect a repayment (capital and interest) mortgage. The cash lump sum payable is designed to help pay off the outstanding balance of your mortgage.

You choose the amount of cover you need and the length of the plan. The premiums you pay usually remain the same throughout the plan term, however the cash lump sum payable decreases to reflect your decreasing mortgage loan. The plan has no cash-in value at any time.

Family Income Benefit

This cover operates in the same way as Level Term above. It differs in that the benefit is paid annually to you until the end of the policy term.

You can also increase your lump sum benefit in line with a chosen index or percentage if you decide to take out an indexation option. The plan has no cash-in value at any time.

Critical Illness Cover

Critical Illness Cover is an insurance plan that pays out a guaranteed cash sum if you're diagnosed as suffering from a specified critical illness, within the term of the plan. The plan has no cash-in value at any time.

Should you be unfortunate enough to suffer a critical illness, the last thing you'll want to be worrying about is money. Advances in medical science mean that the chances of surviving a critical illness are improving all the time. The cash sum you'd receive from a critical illness plan could help you through the recovery period.

You may have to reduce your working hours, need to pay for medical care or have to adapt your house to make your day-to-day life easier. A critical illness plan could help all of this and more.

The best way to reach us is by completing our simple personal enquiry form. We'll contact you by return and you'll also receive a special free report: "Seven Ways To Kill Off Your Mortgage And Build Your Own Wealth Instead". This report could save you tens of thousands of pounds of mortgage costs.

Get Your Copy Of This Powerful Free Report Today

Alternatively call us on 08454 174425 or 07966 842293

Home

Our Services

Concrete (PRC) Houses

Pay Off Your Mortgage

The Mortgage Co UK is an appointed representative of Genesis Home Loans Plc, which is authorised and regulated by the Financial Services Authority for the conduct of non-investment insurance and mortgage business. Second charges, commercial loans and buy-to-let mortgages (where the resident is not related to the borrower) are not subject to Financial Services Authority Regulations. Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. Genesis Home Loans PLC is entered on the FSA register (www.fsa.gov.uk/register/) under reference 305920. The advice and / or guidance contained within this site is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. Genesis Home Loans and The Mortgage Co UK are not authorised by the FSA to give investment advice. The information on this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.