Insurances
At Suitable Mortgages Ltd we offer a range of Insurances to offer you valuable piece of mind throughout your mortgage. Below is a brief description of the Insurances available and what we offer.

Buildings Insurance
Your lender will insist that you have buildings / house insurance in place however it is not usually compulsory to take out the lenders own insurance.

Even if you are not living in a property you may still liable for the damage, so from the moment you sign the contract to a new house, you may legally be responsible to pay for any damage which occurs to your new property. In those circumstances, we encourage you to organise building insurance for your property prior to signing for your new home.

To protect yourself, think seriously about taking out enough house insurance to rebuild the entire property that you live in. Note that this need not necessarily be the actual market value but rather for your estimated amount that you could rebuild the property, as you may be able to rebuild your property at significantly less than the market value.

For a buildings insurance quote call us now.

Contents Insurance
Home contents insurance is a home insurance policy designed to cover your possessions.

Contents will protect you against theft and damages to your personal possessions, i.e. all those items which can be reasonably moved from your property, buildings insurance may protect you in the event of loss and damage to the physical structure of your home.

Contents insurance policies can cover more or less everything that you own including:

Home contents insurance can help protect you in the event of loss or damage to your belongings whilst they are in your home. This may be though a result of theft, fire or flooding.

At Suitable Mortgages Ltd we can arrange you contents insurance so call us now for a quotation.

Mortgage Payment Protection Insurance
As you mortgage is likely to be the biggest and most important financial commitment you will make, you need to be certain that you will have enough money to meet your repayments if you lose your job or suffer an accident or sickness.

If you fall behind with your mortgage payments and you are unable to repay the debt, you could end up losing your home.

That is why the Council of Mortgage Lenders are now encouraging all mortgage borrowers to consider the advantages of taking out independent mortgage payment protection insurance (MPPI).

We can offer MPPI to help protect your mortgage payments for up to 12 months if you become unemployed or suffer an accident or sickness (this is know as a disability). You may also be able to:

Mortgage Payment Protection Benefits
Peace of mind that there will be income to pay the mortgage in the event of short term redundancy or disability.

At Suitable Mortgages Ltd we can help with arranging Suitable protection to cover these eventualities.