You are a property owner - well you and the mortgage company between you as a rule!

But before you forget - if you have a mortgage, remember that the repayments must be made regularly.

Have you considered the possibility of being in a situation where you just cannot make those repayments?

Redundancy

Short time working

Illness

Accident

Reduced income

DEATH!

Have you seen that notice which appears on every advertisement for mortgages?

Your home may be repossessed if you fail to maintain the payments on your mortgage

But I can't afford the repayments - surely they will understand!

Lenders will, or certainly should be, sympathetic if you do run into difficulties with your mortgage repayments. But only for a time, unfortunately.

Before long they will point out that each of the above eventualities and others which might well arise could - apart from exceptional circumstances - have been guarded against by an appropriate insurance policy.

Please do not adopt the ‘Oh I'll chance it' or ‘It won't happen to me' attitude

People have been reading and ignoring the stark warning of a similar nature on cigarette packets for years - and we know the tragic consequences that have resulted.

You owe it to yourself and your family and dependents to ensure that as far as possible your mortgage payments are adequately protected. For basic but vital cover, the cost is surprisingly small.

As part of our obligations under the Financial Services regime we are obliged during the mortgage arranging process to bring this vitally important matter to your attention.

But in fact we do so, not because we are obliged to, but because we have experienced so many tragic situations arising in over 30 years of mortgage arranging where a blasé attitude towards mortgage protection has resulted in the most tragic of situations. It is primarily for this reason that we urge all with a mortgage commitment to seriously consider this matter.

If not for yourself - for those you love and who are dependent upon you.