First time buyers - beware!

For many of us our mortgage repayments are likely to be our biggest monthly outgoings. Unfortunately they still need to be paid even if we are unable to work.


Buying your first home is an incredibly exciting time. However, your home is at risk if you cannot keep up repayments on your mortgage. So, it’s vital you protect yourself and your home financially by making money available should something unexpected happen. This money can be the difference between keeping and losing your home. It’s a difficult issue to think about but would you be able to continue to pay your mortgage if the main earner in your household lost their job or became seriously ill? It may not happen to you – we hope it doesn’t – but it might.

Take a typical non-smoking couple aged 30 for example; before they reach 68 they each run the following risks*:

  • 69.2% chance of being unable to work for one month or more
  • 32.7% chance of becoming seriously ill
  • 11.8% chance of dying

Overall, there is a 76.2% chance of at least one of these events happening.

Eliminate the risk of losing your home

While there is no insurance that can prevent these things from happening, it can make dealing with the consequences a lot easier. Money provided by an income protection policy if you became ill and were unable to work, or a critical illness policy if you became seriously ill, are ways that can help eliminate the risk of losing your home.

Even if you already have plans in place already, there are many new extremely cost-effective options available to consider. We can help you find the best solutions for your personal circumstances. In the meantime, please feel free to contact us  if you have any questions or need immediate help - email This email address is being protected from spambots. You need JavaScript enabled to view it.

Don't lose your home for the sake of a few pounds a month - please.