PROTECTION

PROTECTION SOLUTIONS FOR HOMEOWNERS AND PROPERTY INVESTORS

• Do you understand the different protection products, including Life Insurance, Critical Illness Cover, Income Protection, Buildings Insurance?

• Are your family members adequately protected?

• Have your circumstances recently changed?

• When did you last review your current cover?

• Have you thought about what could cause you to lose your home?

Do you have protection questions we can help answer?

What is protection?

Watch this helpful video that explains protection cover - why you might need it, how it can help you and understand the different types of products available.

PROTECTION & INSURANCE REVIEW

Having the proper protection in place is crucial to ensure that you and, above all, your loved ones and your home are safe should the unexpected happen. We offer a free no-obligation initial insurance and protection review to give you total peace of mind at a time when you need it most. 

We are here to help:

• Ensure you don't have to leave your home unless you choose to, should the unexpected happen.

• Work within your chosen budget. We have access to products based on an analysis of a number of insurers.

• Check that all areas of importance to you and your family are covered.

• We source from a comprehensive range of protection products, including ‘5-star defaqto’ rated policies.

Free ​No-obligation initial Consultations

Protection & Mortgage Advice Tailored to YOU. Stratton Thorpe Mortgage Solutions is an Oxfordshire-based mortgage and protection ​broker with over 85 years of combined industry experience. We operate in Banbury, Brackley, Bicester, Kidlington, Oxford and all surrounding areas; we guarantee a free, no-obligation​ initial​ consultation with flexible appointments to suit you and your busy lives. In short, your convenience is our priority. Whatever your preference, we offer telephone and video calls and face-to-face meetings within Oxfordshire and the surrounding areas. Thanks to remote technology, we also serve UK-wide clients via telephone and video appointments. Our objective is to build up a full understanding of you and your priorities to provide a tailored solution. 

PROTECTION OPTIONS 

We cover all types of protection products, including the below options. Also, please visit our Glossary page for protection and mortgage terms, words, products, and phrases to help you understand your options.

YOUR PROTECTION QUESTIONS ANSWERED

With over 40 years of property industry experience, we have extensive knowledge of the full range of protection products. We’re here to share our insight with you and help make the process stress-free and straightforward. We have put together our most commonly asked protection questions and answers: 

What is a protection broker, are they different to a protection adviser, consultant or advisor?

A protection broker is a specialist with impartial and in-depth knowledge of the market who can arrange a protection and insurance between you and the insurer. We work directly with you and able to look at a broad range of protection products which suit your needs. 

A protection adviser or protection consultant are simply different names for the same service, and a protection advisor is an American term.

What's the difference between income protection and critical illness?

The main difference is that income protection is an insurance policy designed to replace a percentage of your income if you cannot do your job through illness or injury. Put simply; this would mean your utility bills, mortgage and general outgoings each month could continue to be paid until your return to work.

On the other hand, critical illness is a lump sum payment if you are diagnosed with a critical illness such as some forms of cancer, stroke, heart attack and many others. The lump sum is paid minimising any effect to your lifestyle or so that you can pay off your mortgage earlier than planned.

What types of mortgage protection are there?

There are various types of mortgage protection; for instance, the main types are life cover, critical illness cover and income protection. Each will give you a lump sum to pay off your mortgage or an income so you can maintain your mortgage payments. Also, you can have additional cover to protect your family and lifestyle.

Do I need life insurance to get a mortgage?

Although life insurance is not a stipulation of your mortgage lender, it is a critical consideration. To ensure your family and loved ones are not left with mortgage debt or in a position where they could struggle financially. Advice should be sought. 

What insurance do you need to get a mortgage?

You will be required to have buildings insurance in place on exchange and completion of your new property. We can help you source the right level of cover with the correct benefits you feel are essential to you. Other insurances are highly recommended, such as life insurance, critical illness insurance and income replacement cover. It is vital to review your circumstances and get advice on what is important for yourselves.

MORTGAGE SOLUTIONS FROM STRATTON THORPE

When choosing a mortgage, it is important to be 100% comfortable with every decision. However, with so many lenders and mortgage products available, the options can be daunting and confusing. Therefore, let us take away the uncertainty and hassle. Perhaps you are a first-time buyer or looking to move up the property ladder? On the other hand, maybe you wish to remortgage your home or secure a buy-to-let investment? ​We can help to find the perfect solution for you.  

Get in touch with us today to learn about Mortgage & Protection advice tailored to YOU.