Financial security for your family
When you take out a mortgage or a second charge mortgage, it is important to consider the impact on your family, should you become ill or die. Taking out a second charge mortgage means that there will be additional outstanding payments against your home.
If your family would not be able to continue making the payments without your financial contributions, it makes good sense to protect them financially. If your family were unable to make repayments, they could risk losing their home. Therefore, you can arrange protection for your family through Life Insurance and/or Critical Illness Cover. There are many different types of protection available, so it is a good idea to talk to an expert to find the one that best suits your financial circumstances and your family.
Second Charge Mortgage UK is part of the Commercial Finance Network, which offers a huge range of financial products, with dedicated teams of experts for each product. If you would like to find out more information about the different types of protection that are available, your Case Manager will be able to run through the options and help you to arrange the most suitable one, in collaboration with the protection product specialists.