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Why Choose Us

0 %
5-star reviews on Google
0
years we have been as independent mortgage and protection brokers
0 %
customer satisfaction for finding the best deals on the UK market
£ 0
total donated to various charities

Why Choose Us

0 %
5-star reviews on Google
£ 0
total donated to various charities
0
years we have been as independent mortgage and protection brokers
0 %
customer satisfaction for finding the best deals on the UK market

What Our Clients Say About Us

5.0 Based on 143 reviews from review us onFlora R. ★★★★★ I worked with Richard (Protection Adviser) for a couple of days to sort out life and critical illness insurance. Absolutely brilliant, he found me and my husband the perfect policy. Very knowledgeable and easy to get on, he definetely makes things easy to understand. Thank you for the great service provided.Debbie P. ★★★★★ Cannot speak highly enough of Ascot Mortgages who have helped me on my journey over the last seven years. They have made the dream property possible twice. Thank you to Alison, Jardelle and all the team. I am very grateful.Areti D. ★★★★★ Absolutely thrilled with the exceptional service provided by Ascot Mortgages Ltd and especially by Natalia Barry! Even though our home purchase hasn't been completed yet, we couldn't wait to share our positive experience. From the moment we reached out, their professionalism and expertise shone through, making the daunting process of securing a mortgage a breeze.Not only did Natalia navigate the intricacies of the mortgage market with finesse, but they went above and beyond by suggesting other high-quality services, including solicitors and insurance providers. This comprehensive approach is making the entire home-buying journey seamless and stress-free.Natalia took the time to understand our unique needs and financial situation, ensuring that the options presented were tailored perfectly.Communication is prompt and clear throughout, leaving us feeling informed and confident at every stage. Natalia had our best interests at heart, going the extra mile to secure a fantastic mortgage deal.We cannot recommend Ascot Mortgages and Natalia highly enough. If you're in need of mortgage assistance, look no further. With their expertise and dedication to client satisfaction, you're in the best hands possible. A huge thank you to Natalia for making our home-buying experience a dream come true!Ashley Cox 1. ★★★★★ Would 100% recommend. Myself and my partner are currently going through the mortgage process as first time buyers. Natalia Barry has dealt with our application from day one. She has always been on hand to help, informative throughout and reliable when we have had questions. She has given us several options and broken them down into simple terms to help us. Natalia has truly been exceptional who deserves every bit of credit. We certainly got lucky having her as our first mortgage consultant.Dominik S. ★★★★★ Alison and the Ascot Team are excellent. I have used them for 5 years now and they deliver the most competitive mortgage deals fast. Just what I need. Thank you!Eric T. ★★★★★ We have dealt with Ascot Mortgages twice. Once for a mortgage about eleven years ago and recently for life insurance.In both cases we were treated with the utmost respect and professionalism.In the case of the life insurance application, we considered ourselves to be problem customers because of our age and numerous health issues.Richard Johnson, who managed this application couldn't have been more helpful.He worked in our best interest and was dedicated to providing an excellent service.We were kept up to date through all of the stages of the application and when our doctors were very slow in producing medical reports for the insurance company he persisted where others might have given up.The service we had from Richard was pleasant and professional throughout some difficult stages.My wife and I have no hesitation in recommending Ascot Mortgages.Zack R. ★★★★★ Having dealt with Ascot Mortgages and Alison for many years now I can say that you wont find a more professional, knowledgeable and efficient company to help with your mortgage. Alison is patient and makes the whole process seem easy. She has the answer to any question you have and seems to genuinely care. I can not recommend enough. I am sure I will be using Ascot Mortgages for years to come.Umair Z. ★★★★★ It has been a fantastic experience to work with both Phil and Jardelle at Ascot Mortgages to secure a mortgage product for my first home. Phil made the mortgage process smooth and easy. They are professionals and know what they are doing. Very pleased with the service and communication. would highly recommend them.Hello at NLP West M. ★★★★★ I needed a buy to let re-mortgage. Ascot were efficient from start to finish. I can recommend them completely especially because they can search the whole spectrum of mortgage lenders and meet the clients needs. never waiting for staff to get back and always kept me in the loop.Onohomen O. ★★★★★ ZHOU J. ★★★★★ It has been a brilliant experience to work with both Phil and Jardelle at Ascot Mortgages to secure a great mortgage product for our next home. Given how challenging the current market is, they have done a fantastic job to meet our needs with their expertise, professionalism and effectiveness. We would highly recommend their services to whom seeks help with their property purchase.Nicholas S. ★★★★★ Fantastic service. Ellie and Jardelle were always quick to reply to any queries and very helpful throughout the process. Highly recommend!Stacey S. ★★★★★ Jason was brilliant to work with! Always on top of the transaction! Would highly recommend 👍Scott ★★★★★ Although I've not bought anything yet, they (Jason in particular) have been super helpful in my search for the right mortgage deal, whilst also giving an honest opinion during these difficult times. Would highly recommend.Sandra I. ★★★★★ Fantastic from start to finish! Natalia and Jason found me the best rate for my remortgage and they were extremely efficient! Best service I’ve ever received from a brokerage company. Thanks so much.Virmantas N. ★★★★★ Amazing service and great communication. Ellie Morgan had quickly completed all requests and over delivered all expectations.Highly recommended for those who want to get the stuff done without any delays!David W. ★★★★★ I have used ascot for 3 renewals since they done helped me with my purchase which was complicated and will continue to use them going forward. Very fair prices and very helpful and knowledgeable even with just general information.Adam B. ★★★★★ Natalia made life very easy for us when remortgaging. Third time using ascot always a breezeTaff G. ★★★★★ Ascot Mortgages have been brilliant. Easy to work with and incredibly helpful. I am always happy to recommend them. Natalia and Jason have made the whole process much easier than I was expecting. Excellent service.Daryl L. ★★★★★ We've had a fantastic experience with Natalia Barry and Jason Jones at Ascot Mortgages for our property purchases and refinancing. Their expertise, coupled with genuine care and understanding of our needs, made the process smooth and stress-free.They were consistently communicative, keeping us informed at every step. Their assistance in consolidating our protection cover was invaluable, simplifying what could have been a complex process.What set them apart was their personal touch – always polite and ready to pick up the phone for a chat. This level of personal engagement is rare and much appreciated.In short, Natalia and Jason are not just skilled professionals but also truly dedicated to their clients. We highly recommend their services to anyone in need of mortgage advice.Sarah A. ★★★★★ I have used this firm for several years and they have always been super helpful and supportive, attentive and resolved issues in really useful ways. Shout out to Alison, Ellie and Jardelle (and the team!)Georgia W. ★★★★★ We worked with Ellie to secure our mortgage and protection, and she was a dream! Being a first time buyer, I was quite clueless about the process, and in a time where mortgage rates have been quite high, she worked right til the end to make sure we were getting our mortgage at the best possible rate and was always available to answer all questions I had. Can't recommend enough 🙂Richard D. ★★★★★ Laura S. ★★★★★ As a first time buyer, trying to navigate through potential mortgages was a very daunting thought. Ascot Mortgages were recommended to me and I've been extremely happy with the service provided. They have guided me through every step and I finally have a mortgage. Very pleased and would recommend.Lucy B. ★★★★★ Having Phil as my mortgage advisor was great from the very start! He is down to earth and speaking to him was always a pleasure. The kindness, compassion and support I have been given all the way through what can be a stressful process was immeasurable. Phil and Jardelle worked as a solid team and was able to make me feel at ease all the way through buying my first home. The team were always available and the communication between everyone was always clear and I felt safe in the hands of the company as a whole. Thank you for helping me buy my first home!js_loader

Written by:

Richard Johnson

Ascot Protection Expert

Last Updated:

03.06.2024

Written by:

Richard Johnson

Ascot Protection Expert

Last Updated:

03.06.2024

Mortgage Protection Insurance

When you take out a mortgage, you perhaps imagine that you will always be in a position to meet the repayments that you agree to at the time of purchasing your property. Mortgages are a big investment and one that, if done correctly, will provide you with the security of your own home. Nobody likes to plan for what might happen should the situation change, and perhaps you may avoid taking out mortgage protection in the belief that it is saving you money. However, failure to insure yourself for unexpected events could have a great impact on your family’s home and security.

At Ascot Mortgages, we understand the importance of protecting your investment to ensure the security of your home. We are experienced mortgage and protection advisors in the UK, dedicated to helping our clients find the right mortgage protection insurance to suit their needs. With our expertise, we can guide you through the options available and help you make an informed decision.

What is mortgage protection insurance?

Protection policies pay off your mortgage if you get terminally ill or die. There are different levels of coverage available with mortgage protection insurance. 

Life insurance

Life cover provides financial protection for your family in case you pass away. 

Many people get enough life cover to pay off their mortgage if they die. However, this may not be sufficient because we often have other financial responsibilities like credit card bills, loans, council tax, childcare costs, and utility bills, which wouldn’t disappear if one of the main earners dies. Protection insurance can be helpful in such situations. You can buy a life cover that pays a lump sum or a monthly income to cover your bills if you need to make a claim during the term of your plan. You can even combine both payment types to give your family comprehensive protection, covering the mortgage and providing the income they need to sustain their lives in the family home without you.

Income Protection

Income Protection can give you a monthly income if you get ill with a severe condition that prevents you from working for an extended period. The world of work has changed a lot lately, but one thing remains constant – most of us need to work to pay our bills and enjoy life’s pleasures like vacations, cars, and dining out.

However, even if we’re seriously sick, the bills won’t stop coming in. If you happen to fall ill or have an accident that keeps you from working, the sudden loss of income can be really tough to handle.

That’s where income protection comes to the rescue. It provides you with a regular income if you can’t work due to illness or injury.

Critical Illness Cover

Critical illness cover offers financial protection for you and your family if you get seriously ill with specific critical illnesses. Imagine if you were to become seriously ill tomorrow – it would undoubtedly impact you and your family. Most of us would be most concerned about surviving the illness and recovering.

However, being able to fully focus on getting better becomes challenging when you’re constantly worried about the huge bills that keep coming in. Sadly, this is a reality for many families whose lives are turned upside down by illness.

But here’s the good news: more and more people are surviving critical illnesses nowadays. For example – according to Cancer Research UK, cancer survival rates have doubled over the last 40 years.

Richard Johnson

Ascot Mortgage Expert

Insights on Mortgage Protection

What Our Expert Says...

Mortgage protection is more than just an insurance policy. It’s about safeguarding your most treasured asset and ensuring peace of mind. A robust mortgage protection plan stands as a crucial buffer against unforeseen circumstances. As your home is likely to be one of the most significant investments you’ll ever make. Protecting it should be paramount. My advice? Always weigh your options carefully and choose a policy that aligns with your individual needs and long-term financial goals. If you’re uncertain about which direction to take, I can help you to make an informed decision.

Why do I need mortgage protection?

We never know what’s just around the corner. It could be something great – a new job, a baby, or even a big win. But sometimes, life throws hard things at us. Many of us know someone who died too young or struggled with a bad illness. Anyone who’s seen a family deal with this knows how hard it can be, both in feelings and money. We don’t like to think it’ll happen to us, but sometimes it does. Between June and August 2022, around 2.5 million people of working age were unable to work due to long-term sickness. Protection insurance can’t stop bad things from happening, but it can make handling the fallout a bit easier. 

How much will my policy pay out?

The payout amount from mortgage protection policy varies depending on the terms and conditions of the specific policy you choose. Typically, the policy will cover your mortgage on a decreasing basis over the term of your mortgage. It’s important to review the policy details carefully and consider your individual circumstances to ensure the coverage aligns with your needs.

How much does mortgage protection insurance cost?

Just £10 a month, £20 a month, £50 a month, or even more – the peace of mind it brings might be priceless. Don’t you want to ensure your family’s financial security if given the chance?

The cost might be lower than you expect, and the value could be beyond imagination. We’re all different, with varying needs and budgets, but there’s a protection plan that fits your life. Even starting with a little protection is better than nothing.

Protecting your family isn’t just about money; it’s also about having someone to talk to during challenging times. That’s why all our protection plans come with “Helping Hand,” a support service for life’s ups and downs, available at no extra cost to you.

So, when you consider affordability, ask yourself, can you afford not to buy protection?

What is the value of advice?

Our protection adviser can ensure you get the perfect plan for your needs now and in the future. Finding the right protection can be a bit tricky, as not all plans are the same, and some provide more options than others. We offer a FREE non-obligation protection review. At Ascot Mortgages, we understand the importance of finding affordable protection insurance that suits your budget and needs. We can provide you with a personalized quote based on your specific circumstances, ensuring you receive the best coverage at a competitive price. Contact us now to get started.

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FAQ

Yes, you can claim if you are diagnosed terminally ill or on death.

No, but it can provide peace of mind by covering your mortgage payments in case of unexpected circumstances.

Life insurance pays out a level lump sum upon death, while mortgage protection decreases with your mortgage payments, so will payout whatever is left on your mortgage.

No, mortgage protection covers your mortgage in the event of death, PPI covers various types of debt.

Yes, as smokers are generally considered higher risk, they will face higher premiums for mortgage protection insurance. Reach out when you’re ready, and we can help you understand your options.

Yes, self-employed individuals can get income protection, providing a regular income if you can’t work due to illness or injury.

Typically, income protection policies cover 50-70% of your pre-tax income. This can vary based on the insurer. We’re here to help you understand your coverage when you’re ready.

Yes, if your policy includes mental health coverage, you can claim for time off work for mental health reasons.

Yes, self-employed individuals can get mortgage payment protection insurance, which covers your mortgage payments if you can’t work due to illness, injury, or redundancy. We’re ready to help you explore your options when you’re ready.

Yes, certain high-risk jobs may affect the cost of your premiums or the policy’s terms and conditions.

If you have a policy that includes redundancy cover, it can help cover your mortgage payments during this time. We’re here to assist you with understanding your policy’s details when you’re ready.

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