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Make protection a priority

  • 9 hours ago
  • 1 min read
A survey has revealed that homeowners are more likely to plan a new kitchen than seek out protection.
A survey has revealed that homeowners are more likely to plan a new kitchen than seek out protection.

Research found that respondents were more likely to spend money on new furniture (36%), redecorating (26%) or installing a new bathroom or kitchen (25%) than on taking out protection insurance, with only 15% saying it was a priority. However, many mortgage holders expressed concern about their financial security, with 62% saying they are worried they could lose their home if they became too ill to work. More than half (56%) admitted they would struggle to keep up with mortgage repayments after six months without an income.


As with all insurance policies, conditions and exclusions will apply.

Your home may be repossessed if you do not keep up repayments on your mortgage.


Sources:

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0114 494 0888
5 Burnaston Close,
Dronfield Woodhouse,
Derbyshire, United Kingdom, S18 8QU
​​

TNJ Mortgages is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority. We are entered on the Financial Services Register under firm reference number 987477.

Registered address: TNJ Mortgages Limited, 5 Burnaston Close, Dronfield Woodhouse, Dronfield, Derbyshire, United Kingdom, S18 8QU. Registered Company Number: 12932104 Registered in England & Wales

Your home may be repossessed if you do not keep up repayments on your mortgage. As with all insurance policies, conditions and exclusions will apply

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