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and insurance broker.

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Samir Abdulla - Remortgage
The service I received from Capital is indeed 7 stars. I know their charge is more than other brokers but they deserve every penny for ...Read More

Life Insurance

For most people getting a mortgage is probably the biggest financial commitment you’ll ever make, which is why we advise our clients to consider taking out some form of protection insurance in case things don’t go quite according to plan.

There are different types of insurance that will cover you for different things but typically, people take out a life insurance policy when they get their first mortgage.

There are different types of life insurance and depending on the level of cover you want, they will be more or less expensive.

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What Our Customers Say

Customer - Purchase
Peter Bartlett has been professional, quick to respond and successfully supported us with a complex overseas mortgage funded in Euros. ...Read More
4 months, 10 days ago

Samantha Morris - Purchase
Fantastic service - they made the process easy from start to finish. ...Read More
4 months, 16 days ago

Customer - Purchase
Capital Fortune has been professional, responsive, accurate and timely. In our efforts to obtain a mortgage in the UK from the USA, we had no personal experience. Capital Fortune has made the process much easier. ...Read More
4 months, 17 days ago

Frances Fernandes - Purchase
Peter Bartlett was completely responsive to any need or request of ours ...Read More
4 months, 26 days ago

Find out more

Term Assurance

This is the simplest form of life cover and it’s usually linked to the mortgage. This means you pay a monthly premium, or payment, to your insurer and in return they agree that if you need to claim, they will pay off the remainder of your mortgage if you die.

This is known as decreasing term assurance as the amount that you’re insuring goes down over the lifetime of the policy because you are paying off the mortgage, so there’s less to repay by the insurer the closer you get to the end of your mortgage term.

It’s difference from ordinary life insurance because, in the event you die before you have repaid your mortgage, the insurer will only repay your mortgage. There will not be any additional money paid out to your surviving partner or family to help cover other costs.

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Life Cover

Some people opt to take out a more comprehensive life insurance policy when they get their mortgage – or even sometimes before or after. This type of policy isn’t linked to the debt outstanding on your home but promises to pay out on your death an agreed sum which is usually bigger than the mortgage.

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This money can then be used to repay whatever debts remain after you die or other expenses your beneficiaries may need to cover, such as funeral costs.

It’s important to note that this type of cover only pays out when you die – unless you take a policy that includes terms and conditions that allow you to access some of the money if you’re diagnosed with a terminal disease for example.

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It’s also a single lump sum payment. For this reason, it’s advisable to put the policy into a trust, something we can do for you. This ringfences the payment from the rest of your estate when you die, meaning your family won’t pay inheritance tax on it and the insurer can release the money to them.

Find Out Current Best Rates

Property Value
£
Mortgage Amount
£
Reason for Mortgage
Mortgage Type
LenderInitial RateTypeForThenAPR*ERC*Fee
Platform Intermediary 2 Year Fixed £1499 Fee £250 Cashback CTS0.95%FixedAug-20234.34%3.9%31-Aug-2023 £1499
NatWest Intermediary 2 Year Fixed £995 Fee Purchase CNW1.04%FixedAug-20233.59%3.2%31-Aug-2023 £995
Barclays Bank 2 Year Fixed £999 Fee Purchase BWO1.05%FixedAug-20233.59%3.3%31-Aug-2023 £999
Platform Intermediary 2 Year Fixed £999 Fee £250 Cashback CTS1.05%FixedAug-20234.34%3.9%31-Aug-2023 £999
Halifax Intermediary FTB 2 Year Fixed £999 Fee BHX1.08%FixedSep-20233.59%3.3%30-Sep-2023 £999
Halifax Intermediary 2 Year Fixed £999 Fee Purchase BHX1.08%FixedSep-20233.59%3.3%30-Sep-2023 £999
Nationwide BS RETENTION 2 Year Fixed £999 Fee Existing Borrowers BNW1.08%Fixed2 years3.59%3.2%2 years £999
Nationwide BS FTB 2 Year Fixed £999 Fee Cashback BNW1.08%Fixed2 years3.59%3.3%2 years £999
Nationwide BS 2 Year Fixed £999 Fee Purchase BNW1.08%Fixed2 years3.59%3.2%2 years £999
TSB 2 Year Fixed £995 Fee Purchase TSB1.09%FixedAug-20233.59%3.3%31-Aug-2023 £995
Mortgage product availability is subject to status and availability. Although great care is taken to ensure that product details are as accurate as possible no liability can be accepted for errors or omissions.
*APR = Annual Percentage Rate *ERC = Early Repayment Charge
*These figures are only illustrative. An assessment of your needs will be confirmed before a recommendation can be made. A Key Facts Illustration, which is personal to your circumstances, will be provided if a recommendation for a mortgage product is made.

Best Discounted Rates

LenderRateType
West Bromwich Building Society 2 Year Discount £999 Fee Purchase Free Val WBB1.39%
then 3.99
(variable)
DiscountRead More
Furness BS 2 Year Discount £999 Fee Cashback BFU1.49%
then 5.14
(variable)
DiscountRead More
Progressive BS 2 Year Discount No Fee Purchase BPG1.49%
then 4.35
(variable)
DiscountRead More

Best 5 Year Fixed Rates

LenderRateType
Platform Intermediary 2 Year Fixed £1499 Fee £250 Cashback CTS0.95%
then 4.34
(variable)
FixedRead More
NatWest Intermediary 2 Year Fixed £995 Fee Purchase CNW1.04%
then 3.59
(variable)
FixedRead More
Barclays Bank 2 Year Fixed £999 Fee Purchase BWO1.05%
then 3.59
(variable)
FixedRead More
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