Category: First Time Buyer Mortgages

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Life Insurance Advice in Beverley

By Beverleymoneyman

Life insurance is designed to pay out, usually in a lump sum, in the event of death.  With regards to your mortgage, the sum assured should be enough to pay off your outstanding balance.

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Mortgage Protection Insurance Explained

Mortgage Protection Insurance is a term used to encompass various types of cover designed to protect borrowers from events which could severely impact their ability to maintain mortgage payments.

There are different variations but when connected

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BMM

Gifted Deposit FAQ’s

Gifted Deposit Mortgage Advice

In terms of gifted deposits, here are some answers to the most noteworthy questions that we receive;

Who can gift the deposit?

It tends to be “Bank of Mum and Dad” (or Gran and

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UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.

The Financial Conduct Authority does not regulate most buy to let mortgages.

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