Hi. I am going to buy a property in the not too distant future. Of course I know the extent of responsibility towards a property and the paying of a mortgage. That is why I am now asking whether it is possible to get some kind of mortgage protection in case I cannot pay my mortgage? Thank you.
Yes indeed this is possible. For a relatively small fee per month, you will get protection. That means that the fund will continue making your mortgage repayments in the case you become sick or are made redundant. But let's be clear - you are not covered in case of you spending too much on the High Street and being skint!
