Residential Mortgages

A mortgage is the single biggest debt that anyone is likely to take on throughout their whole life. That is why it is essential that you seek and receive whole of market advice when embarking on this journey.

DSW Finance have years of experience in this area and you can rest assured that you will, upon a full fact finding exercise, receive our best attention and also our very best advice.

DSW Finance can help with residential mortgages and also advise on the various government help to buy schemes and levels of deposit required. We will also take into account that the cheapest is seldom best and that there are numerous other factors to take into account when recommending a certain rate or type of mortgage.

DSW Finance can also help arrange (when necessary) a further advance to help for the likes of a home extension, new kitchen, etc

DSW Finance will also advise and arrange on your buy to let mortgages if you would like to speak to us regarding property as an investment. For all advice on anything mortgage related please contact DSW Finance on 01413702299.

Buy to let mortgages

Buying a property to rent out can seem like a great way to make easy money and save for future investments. While this can sometimes be the case, there are also huge risks involved that you should be aware of. When you buy a property for the purpose of renting it out, you will need a buy-to-let mortgage.

While similar to standard residential mortgages, there are some fundamental differences. It is hugely important that you are in possession of all the information you need about buy-to-let mortgages and DSW Finance can help you work out if this kind of investment is right for you.

Most buy-to-let mortgages are interest-only, compared to residential mortgages which are usually capital and interest loans. This means that landlords only pay monthly interest payments, rather than repayments on the loan itself. This usually results in lower monthly payments for buy-to-let mortgages. However, the mortgage must be repaid in full at the end of the term. Most landlords will pay for this by selling the property, although if house prices have fallen since the time you bought the property then you will struggle to repay the mortgage. You should make sure you have enough savings to cover these circumstances.

At DSW Finance we have access to the whole of market and can advise on this really important area ensuring that you get the best advice possible.

Life Assurance

DSW Finance take this aspect of your financial planning very seriously. Financial hardship can be prevented by ensuring that you have the right protection in place for your loved ones and it need not be expensive.

Many people, both consumer and adviser, tend to over complicate life assurance planning. It is not complicated. DSW Finance will tailor a package of benefits that will ensure are both affordable and provide better than adequate protection in the event of the death of a loved one.

There are various types of life assurance that can be effected on behalf of a client all serving the same purpose of protection against death. A level term assurance, a decreasing term assurance, increasing term assurance, family benefit assurance amongst others.

We will conduct a comprehensive fact-finding interview and examine affordability before recommending a suitable product(s) based on the client’s circumstances.

We will also recommend that the policies we arrange are written in trust, which is service provided at no extra cost. This protects the insured and loved ones in that the money on death goes to the persons named in the form. It goes to them quickly and without the need to wait for probate through the winding up of an estate which can be a lengthy process. It also takes any payment out of any inheritance tax liability.

Critical illness Cover

The stats on critical illness are really quite staggering. You would think that if you knew that 1 in 2 of us are going to contract a critical illness then we might think seriously about having it covered by an insurance policy. The fact is that this type of cover is often viewed as expensive and a lot of us believe “it wont happen to me”

Critical Illness Cover can help minimise the financial impact on you and your family if you become critically ill. It’s an option that can be added for an extra cost when you take out Life Insurance or Decreasing Life Insurance.

Critical Illness Cover can be added to Life Insurance or Decreasing Life Insurance for an extra cost. It could pay out a cash sum if you’re diagnosed with, or undergo a medical procedure for one of the specified critical illness that we cover during the length of your policy, and you survive for 14 days from diagnosis

• The cash sum could be used to help with child care costs, household bills or to help maintain your standard of living if you're forced to take time off work to recover
• Children's Critical Illness Cover is automatically included.

A critical illness can affect anyone at any age and can turn lives upside down. In the event of being unable to work due to critical illness, having a back-up plan in place can alleviate some of the financial stress of the situation. Some people may use their savings to supplement their loss of income, others may rely on an employment benefit package, while others may find that Critical Illness Cover is their best option.

Whatever your circumstances please make sure you call DSW Finance and get the best possible advice.

Business Protection planning

What is business protection and how can it be used to protect a business from the effects of a key person being diagnosed with a critical illness or dying.

Business protection is an insurance contract that helps protect a business from the financial effects of key people being diagnosed with a critical illness or dying.

Business protection is available for partnerships (including limited liability partnerships), shareholders, sole traders and key employees. How the arrangement is set up will depend on the type of business and its particular needs.

What is business protection?

The importance of business protection is often overlooked. It helps business owners plan for the unexpected by providing cover to ensure the business can continue with minimal disruption following the loss of one of their key employees or one of the business owners through death, critical illness or temporary disablement.

Business protection is available for partnerships (including limited liability partnerships), shareholders, sole traders and key employees. It can also be used to ensure repayment of a business loan in the event of death or critical illness of a partner, key person or sole trader. How the arrangement is set up will depend on the type of business and its particular needs

At DSW Finance we are here to provide the advice that you and your company needs to make sure that your business is not exposed in any way shape or form by not having the adequate protection cover in place for the business. We can help with Key man insurance, shareholder and partnership protection and also relevant life plans for directors of limited companies.

Income Protection Planning

Many clients often ask us if, were they to be incapacitated, and could not go back to work through illness, injury or accident - is there a policy that would cover their earnings.

The simple answer is yes and we, at DSW Finance, can always ensure that you are protected from this type of circumstance. It, in essence, means that, our clients can go about their daily business knowing that, if they were unable to work through illness, injury or even an unfortunate accident, then a proportion of their income (up to 60%) will be paid out until a specified age and also after a predetermined deferred period, starting at 4 weeks through to 52 weeks.

I have a number of clients, mainly self employed, who have utilised this policy and it has oroven to be a lifesaver as clients do not need to worry about who pays the mortgage and who is going to pay the regular bills which do continue no matter the circumstances.

Please contact DSW Finance to provide you with a whole of market illustartion and ultimately to progress that to get you the cover that you desperately need. Call David or Donna on 0141 370 2299.