Nervous about taking out a mortgage in these uncertain times?
For most of us buying a home is the biggest expense you will ever have. So finding the right mortgage that you can afford, both now and into the future, is a big challenge. Affordability is key especially in these uncertain times. You also need to account for all the … “other” expenses involved in not only buying a home, but owning a home. What are you covered for under your insurance? What happens if you face redundancy? Do you have redundancy insurance? In the unfortunate event that you become unemployed for a period, redundancy insurance could really dig you out of a hole.
During the “tiger” most of us could easily move from job to job with ease. We all know that those days are gone so what we all seek now is security. Making sure that you are covered for redundancy insurance can help ease the stress and anxiety. Ask your bank or building society about all of these scenarios.