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Mortgage Protection

Mortgage payment protection is becoming vital in this day and age. With no job being totally secure it makes sense to protect your income.

Did you know that new mortgage borrowers receive no state assistance
for the first nine months of unemployment or disability?

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Why do you need mortgage payment protection ?

  • 90 families a day had their homes repossessed in 2000. The majority due to the financial problems associated with unemployment.
  • One in three people aged between 25-34 have experienced unemployment for a period in excess of one month.
  • Every day 500 people in the UK become unemployed. 60% of unemployed men and 45% of unemployed women will be out of work for six months or more.
  • Every adult in Britain is five times more likely to suffer a serious disability than die before the age of 60.

The above fact were provided by Goodfellows/Burgess Ltd.

 


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