Personal Mortgage and Protection
Navigating the mortgage market can be overwhelming. That’s where we come in. MKC Wealth offers personalised mortgage advice alongside protections and insurance recommendations are tailored to your specific needs.
Mortgages
Residential Mortgages
Securing a mortgage for your home is a significant milestone and we are here to guide and advise throughout that process. It’s a big financial commitment and one that must be right for your personal circumstance. We will work to ensure you obtain the very best deal possible whether you’re purchasing your first home, your next move or your forever home.
Buy-to-Let Mortgages
Starting a new or managing an existing property portfolio can be a minefield of complexity without having to personally deal with the intricacies of the Buy-to-Let mortgage market. This is why we aim to take as much off your hands as possible, identifying the best mortgage deal for your circumstances and acquiring the right lending package for your needs. This is for both new purchases as well as remortgaging.
Our excellent Buy-to-Let market and lender knowledge will help you manage and grow your property portfolio in the direction you desire.
It is worth noting that But-to-Let mortgages taken out for business purposes are not regulated by the Financial Conduct Authority.
Alternative Financing
In certain situations, obtaining an alternative financing option may be the right solution for you to achieve your goals and aspirations. These can include:
- Bridging Finance
- Equity Release
- 2nd Charge Mortgages
- Commercial Mortgages
We are happy to discuss specialist solutions for unique client needs – please contact us for more information.
Protection
We work with a range of well-established Insurers to ensure that no matter what the future holds, you have peace of mind you and your family are fully protected. We advocate for the following protections:
Income Protection
The COVID-19 pandemic highlighted the fragility of life and the profound impact of health on people’s ability to sustain their standard of living.
An Income Protection policy protects you from this vulnerability by providing a predetermined monthly tax-free payment if you are unable to work for any period of time due to illness or injury. These payments will continue until you are either able to return to work or the term of the policy expires.
It enables you to maintain mortgage payments and other financial commitments and is a key consideration of the Protection advice we give at MKC Wealth.
An adequate level of cover can be affordable so there’s no reason to think it’s out of reach. We build our recommendations completely around your needs – giving you financial security now & in the future.
Life and Critical Illness Insurance
A mortgage is undoubtedly one of the biggest financial commitments you will make in your life with monthly repayments that typically last over several decades.
As a result, at MKC Wealth we take our duty of care seriously; making you aware of the potential risks should your circumstances change, and the steps you can take to ensure you, and your family are financially protected and able to remain living in your house.
We always review your protection arrangements in respect of any mortgage advice we give. We believe every pound borrowed should be a pound protected.
Home Insurance
Your home is likely to be your most expensive asset, so it is fundamentally important to ensure it is adequately protected. There are two main types of home insurance:
- Buildings Insurance
- Contents Insurance
Buildings insurance is a mandatory condition of any mortgage offer. Contents insurance is, quite simply, good sense as it covers your personal effects against theft, fire and other unforeseen situations.
At MKC Wealth, we research the market to find a bespoke Buildings and Contents policy that suits your needs and meets the requirements of your mortgage.
Accident, sickness and unemployment protection
Accidents and sickness have a profound impact on a vast number of people, and statistics show they are a primary cause of prolonged work absences. Protecting yourself against this risk, ensures you will continue to receive an income via a predetermined tax-free payment, alleviating the burden of lost income.
This area of protection covers every eventuality, from broken bones to periods of hospitalization and more permanent injuries.