Comprehensive lender access
We work with a comprehensive range of lenders to find mortgages that suit your best interests, not our own.
Providing cover for critical illness, life insurance, and income protection benefits, our property mortgage insurance advisors give invaluable advice and shop around for competitive insurance products, saving you money and protecting the roof over your head, too.
Life Insurance advice has been part of our borrower assessment process long enough for us to know it’s not always an easy subject. Buyers can understandably feel anxious about how much it will cost to ease the financial strain on their dependents should the unthinkable happen.
So, from Decreasing Term Insurance, which decreases alongside your mortgage debt, to Level Term Insurance, where cover remains level throughout your mortgage, we’ll only show you mortgage protection insurance that will look after your loved ones and your budget.
Many people buy critical illness Insurance with Mortgage Scout when they take on a major commitment like a mortgage, but debilitating illness can happen at any time.
It’s hard to contemplate when you’re fit and healthy, but incapacitating illness can necessitate leaving work, undergoing private therapeutic care or carrying out home modifications. When you invest in critical illness cover, you secure your future self a vital tax-free lump sum, paid out on the diagnosis of certain life-threatening (but not fatal) conditions, including heart attack, stroke and cancer. What a relief.
Income protection insurance is optional, but it can provide valuable financial security if you're unable to work due to illness or injury. There are a range of providers and policies available, and choosing the right one depends on your personal circumstances.
Income protection insurance pays a regular, tax-free monthly income while you're unable to work, helping you keep up with mortgage repayments and other essential living costs. Without this cover, many people rely on state benefits, which may not be enough to meet financial commitments.
At Mortgage Scout, we'll explain your options and help you choose a policy that suits your needs. We'll also help you select an appropriate waiting period before payments begin, balancing your premium with any savings, employer benefits or state support you may be entitled to.
Mortgage protection insurance is designed to help pay off your outstanding mortgage if you die during the policy term, giving your loved ones greater financial security. While it's not compulsory, it can provide valuable peace of mind if your family relies on your income to cover the mortgage. The right level of cover depends on your circumstances, including your existing life insurance, savings and financial commitments. Our advisers can help you choose the most suitable protection for your needs.
Of all the purchases you make in life, buying a property is most people’s biggest outlay. It's important that you're entirely comfortable with your choice of mortgage company. So, why choose us?
Your home may be repossessed if you do not keep up with your mortgage repayments.
You may have to pay an early repayment charge to your existing lender if you remortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend on your circumstances. The fee is up to 1%, but a typical fee is £499.
Our mission is to find you the right protection, regardless of our commission. We work with a comprehensive range of insurers, big and small, to give you totally comprehensive insurance advice.
