Trusted Mortgage Advice | Neil Soundy Financial Services – LOWEST PRICED LIFE COVER

A mortgage is probably the biggest financial commitment you’re ever likely to make.

So you need to consider how you or your family can maintain your standard of living and pay the mortgage in the event of death or serious illness.

If you go to a mortgage lender they can only give you one quote from their one provider but Neil Soundy Financial Services offers whole of market advice regarding protection.

To illustrate the difference

Clients borrowing was £102,000 over 25 year term. Mortgage in joint names.

HSBC recommended two single life policies costing :

Male client costing £15.12 per month

Female client costing £13.53 per month

Total monthly cost : £28.56 per month

Matching the same two single life policies NSFS quoted :

Male client costing £7.60 per month

Female client costing £7.79 per month

Total monthly cost : £15.39 per month

For identical cover, HSBC quoted premiums almost twice the price!

Contact us for a no-obligation review.

What Types of Protection Should I Consider?

It all depends on your circumstances as there are lots of options available.

For example, if you have a family, then as a bare minimum you should have life assurance which pays the mortgage upon death.

Another example is if you are reliant on your income or your partner’s income to pay the mortgage then there are two types of protection to pay the mortgage.

Critical Illness Cover (CIC) which will pay out a tax free cash lump sum on diagnosis of a critical illness.

Income Protection (IP) and that gives you a monthly income if you are unable to work due to illness.

There are a lot of protection policies out there so it can get very confusing!

The best thing to do is contact us with your circumstances and we can put together a protection package that will be best for you, within a budget you can afford.

Giving mortgage & protection advice to all of Cardiff including Pontprennau, Cathays, Roath, Cyncoed, Lisvane, Radyr, Lakeside, Whitchurch, Heath etc.

Request Call Back

We can discuss your current situation and the options available to you before arranging a free no-obligation meeting.

Neil Soundy Financial Services Ltd is an appointed representative of HL Partnership Ltd which is authorised and regulated by the Financial Services Authority.