Income protection only covers earned income and is not affected by other sources of income.
Yes, smoking Shisha would class you as a smoker. Insurers would, therefore rate the premiums accordingly.
If your family is lucky enough to have a decent sized lump sum of money when you die, then you might not need life insurance.
The point of a conversation about protection is not to sell you something; it’s to evaluate your needs and more importantly advise you if you actually need it and affordability.
Our advisers will go through your individual or family circumstance and discuss this in detail with you.
Depending on the type of cancer, stage and how long ago you had your very last appointment before discharge, yes you may be able to get cover. Some insurers would like you to have been fully discharged from certain cancers for over 5 years, some longer.
During our fact finding stage, we will need to provide all of your medical information to the underwriting team who will let us know if they would be able to offer terms.
In all cases, the insurer will request further information from your GP.
Depending on your age, how long ago you were diagnosed and how well controlled it is yes, we can source a provider that may offer you protection which can include Life Cover as well as Income Protection.
Some providers offer conditions on their covers, such as requesting annual blood test results and others will underwrite your application based on the medical information provided from your GP. Most providers who offer cover to diabetic patients will request either a medical screening, GP report or in some cases both.
If you suffer from diabetes and would like to protect yourself or your loved ones, please do not hesitate to contact us.
This enables individuals to get private medical care when required, at a time and place which suits them, with a consultant or surgeon of their choice (this is not possible in the NHS) and the insurer covers all or most of the costs depending on the cover taken out. Private Medical Insurance can help to avoid long waiting lists to see a specialist for treatment or diagnosis. This form of health insurance will typically only cover acute health conditions only.
The ability to make overpayments depends on the lender and type of product you have.
Typically, if you have a fixed rate product, the lender will have a restriction of overpaying a maximum 10% of the balance annually. If you have a Standard Variable Rate product, then there are usually no restrictions to the amount you can repay at any time.
We have access to special products giving your flexibility to make payments which exceed your 10% allowance without a penalty, as well as allowing you to clear the whole mortgage without incurring an early repayment charge. However, the lender may charge a small exit fee which is typically a few hundred pounds.
A handful of lenders have recently started offering loans at 80%. However, the majority of Buy to Let lenders will cap the LTV to 75%. The LTV will depend on the monthly Rental, tenancy type, personal income, experience, credit rating and property type, to name a few.
Based on your individual circumstances and requirements, we can obtain the best rate and mortgage product for you.
Yes, you do not necessarily need to own a property to obtain a buy to let mortgage. You can essentially be a first time buyer, first time landlord.
Yes, as if you own a property anywhere in the world, you are deemed to be a property owner and you may be liable to pay an additional level of Stamp Duty. You need to consult your legal & tax advisor to confirm your status on this matter.