Your home may be repossessed if you do not keep up repayments on your mortgage.
it’s one of those horrible facts of life that things can happen to you that affect the security of those closest to you. Making sure they’re able to cope financially if you’re health circumstances change is essential peace of mind.
Life cover is designed to pay out a lump sum if you die during the policy term. The amount of life cover selected will either remain level throughout your selected plan term or decrease in line with the mortgage.
Critical Illness cover will pay you a lump sum should you be diagnosed with any one of a wide range of critical illnesses, the main three being some forms of cancer, stroke and heart attack. This is commonly taken out along with a life insurance policy and can be linked to your mortgage.
Income protection is a plan that pays out if, during the policy term, you can’t work and suffer a loss of earnings due to illness or injury. It’s a sad fact of life that an individual’s outgoings don’t necessarily stop if their income did. Income protection usually pays out until retirement, death or your return to work.
Family Income Benefit
Family Income Benefit is a life insurance policy which offers financial protection in the event of your early death if your family, or others, are dependent on your earnings. As opposed to providing a lump sum upon death during the policy term, it provides a regular tax-free income for your dependents for the remainder of the policy term.
If you are a director, partner or sole trader, we can provide advice around key person insurance or shareholder protection to give you assurance in your business should the worse occur to a key member of staff or partner.
Building and Content’s
Buildings insurance covers the structure of the property such as the roof, walls, windows and fixtures and fittings such as fitted kitchens and bathroom suites. Contents insurance covers the contents of your home and most things that you would usually take with you if you move homes such as furniture, furnishings and personal belongings.
As a landlord, protecting your home from potential damages is imperative and is a prime reason why building insurance is essential. It’s worth considering taking out contents insurance should you decided to furnish the property yourself, as some insurance providers offer both building and contents insurance as one package.
Buy to Let Mortgages are not regulated by the Financial Conduct Authority.
What our customers say
I asked Neil Conlon from NI property finance to assist with finding us a Mortgage for our current rented property as the landlord was interested in selling. Neil initially set about looking at various mortgage...
I asked Neil Conlon from NI property finance to assist with finding us a Mortgage for our current rented property as the landlord was interested in selling. Neil initially set about looking at various mortgage options available to us and was quick in getting us a pre-approval for a mortgage that allowed us to move ahead with making an offer. Unfortunately, the current property owner was unwilling to accept any of our offers for the property and it left us at having to look at new options. During this period Neil was instrumental in helping us with our decision to make an offer on another property that we liked. He advised the best way to make the offer on the property was to bid the asking price on the condition the vendor took the property of the market right away. After a few nervous days, the vendor accepts our offer cutting out any potential for bidding wars and ensuring that we could get on with buying our first home. One would assume at this point Neil’s job was done, but he did not as he has been a very important cog in the house buying machine process, he has arranged all the relevant life and content insurance, he has been in constant contact with the estate agent driving the completion of the sale forward, he has tortured the life out my solicitor on my behalf to move the conveyancing forward and most importantly he was able to persuade my wife that everything was moving along well and that we were on course to own our own home very soon. End result we signed the contract on the property yesterday and are now just awaiting the final closing date to move in. I would have no problem whatsoever in recommending Neil to anyone
Paul & Aideen – Carryduff -
Neil help us from start to finish on the sales process, guiding on bidding & legal process. Neil also sourced a excellent 5 year fixed mortgage with cash back to help with our costs. Couldn't...
I recently had reason to use Neil to help renegotiate, as my mortgage deal was due to expire. To say that Neil has taken the effort out of remortgaging would be a gross understatement. In our first meeting he had already highlighted the best rates available for my circumstances. The process has been professional, time-saving and very impressive. I will have no hesitation in recommending Neil to any of my clients in the future. Andrew
NI Property Finance Ltd is an appointed representative of Intrinsic Mortgage Planning Limited which is authorised and regulated by the Financial Conduct Authority. NI Property Finance Limited is registered in Northern Ireland, Number NI615618. Registered Address: 86a Stranmillis Road, Belfast, BT9 5AD