We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
5 Year Fixed Rate Offset @ 5.35% - Who ???
Comments
-
Question?
Should I also take life insurance and mortgage protection from First Direct? Is it needed?0 -
Insurance is usually a good idea, but you will normally get a better rate going to an indepedant broker, also you need advice on the most suitable insurances. Lenders do not give full advice.
Get the mortgage underway, before you lose the rate you want, you don't have to do the insurance at the same time, so you have no rush to consider this.I am a Mortgage Adviser
You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Rick62 wrote:Insurance is usually a good idea, but you will normally get a better rate going to an indepedant broker, also you need advice on the most suitable insurances. Lenders do not give full advice.
Get the mortgage underway, before you lose the rate you want, you don't have to do the insurance at the same time, so you have no rush to consider this.
Thanks for that very useful advice (I thought you had to take it out at the same time.)0 -
Which is generally better? - To take out 'mortgage' or 'income' protection?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.8K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.4K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards