Protect the things that are important
Although never pleasant, it’s important to consider you and your family’s financial position in the event of a sudden loss of income. Protection is available to offer support to you and your family in almost all eventualities. Some of the most common protection solutions are shown below but Millennium Mortgages have access to a panel of leading insurance companies to ensure the right product can be suited to your needs.
INCOME PROTECTION
Income Protection is paid out in the eventuality that you cannot work due to illness and injury until you are fit enough to return to work.
CRITICAL ILLNESS
Critical Illness Cover (CIC) is paid out on the diagnosis of certain illnesses. CIC can help you and your family cope without income whilst dealing with illness.
LIFE INSURANCE
Life Insurance gives you the comfort of knowing that your loved ones will be looked after if you pass away. It can also be linked with a mortgage, ensuring repayment if the worst happened.
BUILDINGS & CONTENTS
Having Building insurance is often a condition imposed by your lender. Buildings insurance will cover your home from events such as fire, flood and subsidence.
Contact us
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
For our advice services, we will charge a fee of between £199 and £999. (Range of fees available on request)
Our typical fee is £399.
We will also be paid commission from the lender.
We will provide you with full written details of the basis upon which we will be paid for the Services we provide. This could include a payment from your mortgage provider and/or a fee we will charge you.
We will not commence any substantive work for which we will charge you a fee until we have agreed the applicable fee with you and such fee is recorded in a binding Client Fee Agreement.
We will not exceed any limits on any fee set out in the Client Fee Agreement without your Agreement.
We will advise if it is appropriate to pay fees or charges in connection with the mortgage up front as opposed to adding them to the sum advanced under the mortgage contract. We will not commit you to an application for a mortgage where a fee or charge of any kind (receivable by our Firm or another party) is to be added to the sum advanced, unless you have made a positive choice to add the fee or charge to the sum advanced.