Putting the interest-only ‘mis-selling’ issue to one side, one way these customers could have avoided this desperate situation is through suitable Personal Protection policies.
All very well in hindsight but worth remembering. Protection is there to help you when you’re too unwell to work or suffer a debilitating illness and can mean the difference between keeping or losing your home. Yet, too few people consider it necessary until it’s too late!
Plus Mortgages can advise on a range of suitable protection plans such as Critical/Serious Illness Cover and Income Protection as well as Life Insurance.