You may, or may not, have heard that The Bank of England has cut the Bank Interest Rate, March 2020 to 0.1% which is the lowest level in history.

This could be a great opportunity to review your current mortgage deal so we can get you the best arrangement for you.

In these unprecedented times, it is only natural to start to think about your current financial arrangements. As a Brighton Mortgage & Protection Adviser, I just wanted to let you know that we are here, open and have access to great technology solutions which means that we can review your finances securely without having to arrange a face to face meeting.

According to the Money Advice Service, each year one million people in the UK find themselves unable to work due to a serious illness or injury. Whether you own your own home outright, have a mortgage or are renting, the thing you will not want worry about when trying to get yourself better is finding the money to pay the bills, or to keep the lender or landlord happy by meeting their monthly direct debit. In our experience people are not always aware of what could happen if they were unable to work and many have no financial back up plans to protect them.

The most common causes of long-term work absence we know are mental health, stress, musculoskeletal injuries and acute medical conditions. But every client is different and so are their needs so that’s why we choose not to limit insurance solutions to just one provider. We have access to a wide range of insurers so we know that there is a solution to match both needs and budget. So, if you want to make sure your bills get paid when you aren’t able to work, an income protection plan is essential.

Should you have any questions about the Bank interest rate, March 2020 or anything else, we are a phone call or email away. We will continue to support you and your circumstances.

https://www.bankofengland.co.uk 
The Finance House, Independent Free Mortgage Broker