Not a topic most of us like to talk about, but if you are busy building a property portfolio for future security how do you ensure that is doesn’t all come crashing down if you have a personal change of circumstances?
We all accept that we need to insure the property, but do we place as much importance on insuring ourselves?
More than 60000 homes are expected to be repossessed this year!! This is due to un-affordability issues such as ill-health and redundancy. Many of those will have Buy to Let property that could also be repossessed?
How many more thousands will experience some form of credit problem, which although they may be able to avoid repossession, will still leave a poor credit rating. In the current market with an absence of adverse credit BTL mortgages it would be an almost impossible task to continue with their property portfolio strategy.
Insuring yourself against ill-health and redundancy is a simple and cost effective way to protect the assets you have work so hard to build for your future.
Our experienced advisers can evaluate your existing protection plans, ensure they are as cost effective as they can be and recommend affordable solutions for your peace of mind
For more information or to discuss your options click here and an adviser will contact you