The DSS gives no assistance to borrowers for nine months following redundancy, and qualification for help with paying mortgage interest thereafter is means-tested and restricted to interest on the first £100,000 of the loan. If you are anxious about being able to maintain payments in the event of redundancy or long-term illness, you should consider taking out mortgage payment protection insurance.
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Got a question?
Speak to one of our mortgage advisers on either:
- 01279 721706
- 07796 271 801 - Alex Groom
- 07803 893 839 - Simon Reeves
Or email us for expert, impartial advice:
- alex.groom@agamortgages.co.uk
- simon.reeves@agamortgages.co.uk
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