YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
THE OLD BAKEHOUSE FINAnCIAL SERVICES Ltd
Personal and Professional
Office : 01788 869065
Mobile: 07800 670130
Email : christina@theoldbakehousefsltd.com
Who are we and what can we offer you
About
Protection Advice
Mortgage Advice
Hi, I am Christina Oliver.
I am the Director of The Old Bakehouse Financial Services Ltd . I run a Mortgage & Protection Brokerage
I specialise in Residential & Buy to Let Mortgages and can also arrange the protection policies required to ensure you have the best service outcome and are fully protected.
WHAT ARE THE COSTS ?
I do not charge a fee to any customer
I don’t charge any broker/advice fees so the service I provide is completely free to my clients. I simply get paid a fee from the lenders and protection providers , just like most fee charging brokers also get.
OUR BACKGROUND
I founded the company in 2019 having spent over 25 years in the mortgage industry. Prior to founding The Old Bakehouse Financial Services I had worked for a very large Mortgage Brokerage in the Midlands ,so I am very experienced in helping clients with their house purchases, remortgages and protection plans.
My company prides itself on one thing; a passion for service.
Providing a great service is the most important priority for me and the vast majority of our new clients are referrals from previous satisfied customers.
Feel free to get in touch where I will be happy to assist you.
Registered in England and Wales The Old Bakehouse Financial Services Ltd is an Appointed Representative of PRIMIS Mortgage Network, a trading name of Personal Touch Financial Services Ltd. Personal Touch Financial Services Ltd is authorised and regulated by the Financial Conduct Authority.
The guidance and/or information contained within the website is subject to UK regulatory regime and is therefore targeted at consumers based in the UK and over the age of 18.
Registered office address - The Old Bakehouse, High Street, Swinford England, LE17 6BL
Registration number - 12322547
Mortgage Advice
Protection Advice
Mortgage Advice
- First Time Buyers
- Remortgage
- Home Movers
- Let to Buy
- Shared Ownership
- Adverse Credit Lending
- Bridging Finance
- Buy to Let (The Financial Conduct Authority does not regulate most Buy to Let Mortgages)
The Old Bakehouse Financial Services Ltd offer an advised service.
This means that I will talk to you about your needs, circumstances, goals and objectives and make a personal recommendation for each of the mortgage and / or insurance areas for which you have asked me to provide a service.
You can therefore be sure that my recommendation to you, will be the best for you.
ADVERSE CREDIT LENDING
- LATE OR MISSED PAYMENTS
- DEFAULTS
- COUNTY COURT JUDGEMENTS
- DEBT MANAGEMENT PLANS
- IVA
WE CAN STILL HELP YOU
I base everything on a full overview of your credit report. Each lender has different rules on what they will and wont consider, and I do the work to find the lenders that CAN help you.
I will review your full report, and summarise what the key issues are, and how to address them.
I will go onto let you know if a mortgage is possible, the kind of deposit and rates you will attract, and if I cant help now, I will help you get ready!
To obtain your credit report you can log into www.checkmyfile.com as this provides information from all of the 3 main agencies which lenders will use
Protection Advice
Protection Advice
Protection Advice
- Level Term Assurance
- Decreasing Term Assurance
- Critical Illness Cover
- Family Income Benefit
- Income Protection
- Buildings & Contents Insurance
- Landlord Insurance
The Old Bakehouse Financial Services Ltd offer an advised service on all of the above to ensure you and your loved ones are fully protected.
The key benefits of life insurance
- Income replacement for years of lost salary
- Pay off your mortgage
- Can help contribute to funeral costs
- Add-on cover such as CRITICAL ILLNESS can contribute (while you’re alive) towards lost earnings while ill
- Providing funds to help expense further education or cost of living
- The biggest benefit of them all:
A life insurance policy gives you peace of mind that your loved ones are financially looked after
Reasons to consider life insurance
Your Family
The first and biggest reason to consider life insurance is for your partner and/or children. Even when they are grown up, a life insurance policy will ensure that you continue to leave something behind for them to help them out in life.
Buying a house
If you die before your mortgage is repaid, that debt will then fall on to someone you love. There are many benefits related to getting a mortgage and life insurance together. Some providers will require you to have a life insurance policy in place before approving your mortgage application.
You are able to get a life insurance policy specifically for the purpose of paying off your mortgage so your family can stay living in their home without having to pay any big debts. This is often referred to as Decreasing Term Assurance or Mortgage Life insurance.
Having a baby
Having a new addition to the family prompts a lot of emotions. If anything were to happen to you, will your child be cared for? Will they have the best start in life without you? There are policies available that run up to any age you choose even after until your child reaches maturity (usually age 18). A life insurance policy can ensure that the finances are in place for your child, should the worst happen.
Funeral costs
Planning a funeral is never easy but it is also quite expensive. The money derived from a life insurance pay out can be used to help finance your funeral expenses.
Inheritance tax
This has become the bane of a lot of people’s lives for a while now. It is something that sometimes cannot be avoided; however, the right life insurance policy can cover the tax bill and ensure that your loved ones can enjoy everything you intended them to receive.
Financial support if you develop a critical illness
There are so many things going on in the world that having a little extra money in the bank can help with. This is where a life insurance policy will help the ones you love.
Critical illness cover can ensure you have financial support if you develop a critical illness.
If you have a critical illness add on cover on your policy, and your illness stops you from working, your policy will pay out while you’re still alive to help with the costs incurred of living with a critical illness.
Changes in employment
Whether you are starting a new job or quitting an old job, your income can change significantly without any warning. Having a life insurance policy can insure that even when you haven’t been able to save for your family while you’re alive, they will be financially taken care of in your death.
What benefits does each policy type offer?
Your life and your needs are different to those around you which means your policy needs to suit your individual needs.
Decreasing term: Pay off your mortgage
This type of policy decreases the pay out while you continue to pay your mortgage off. This policy pays out directly for your mortgage.
The main benefit of this policy knowing for certain that your loved ones can clear your debt and keep the family home if you are no longer around.
Whole of life: A fixed sum pay-out
A Whole of Life lasts for the policyholder’s entire lifetime.
The biggest value of this policy type is it guarantees the same pay-out to the family or named beneficiaries after you die so will have peace of mind knowing what they will receive.
Joint life insurance: One pay-out if either you or your partner dies
A Joint Life policy gives coverage for two people under one policy.
This means if you die, your partner will get the pay out and if your partner dies, you will get the pay-out. This policy will end as soon as one pay-out has been made.
Critical illness cover: Financial support should you develop a critical illness
Critical Illness Cover is an additional cover that can be added on to any insurance policy. If you are diagnosed with a terminal illness this cover can pay out before you die to help you pay for medical or living expenses.
GENERAL INSURANCE INFORMATION
Buildings insurance
This type of policy covers your home’s structure, including walls, the roof, fixtures and fittings, kitchens and bathroom units and doors and windows.
Contents insurance
This covers your belongings inside your home (including your garage or shed In general, a contents insurance policy covers anything you can remove from your home, including carpets, curtains, white goods, furniture and light fittings. You can also cover clothes, electrical items and jewellery
You can buy buildings and contents insurance separately, or you can buy them together as a combined policy ensuring both your property and your belongings are covered.
What does buildings and contents insurance cover?
Buildings and contents insurance cover your home in the event of damage caused by extreme weather , fire in the home, water damage or if items in your home were damaged or stolen
You may not be covered if you cause damage to your property yourself by accident, or if you lose or have your belongings stolen outside the home – it’s worth checking your policy.
Do I need both buildings and contents insurance?
Home insurance is not a legal requirement. However, if you own or are about to buy a house or a block of flats, mortgage lenders will generally insist you have appropriate buildings insurance for the term of your mortgage.
A combined buildings and contents insurance policy would cover both the structural elements of your property and your belongings inside it – so this could be your best bet.
However, there may be some circumstances where just purchasing contents insurance would be necessary:
If you own an individual flat: If you live in an apartment in a large block of flats, then unless you own part of the freehold, you won’t need buildings insurance. If you bought your flat on a leasehold, then consider taking contents cover so your belongings are protected.
If you rent
You won’t need buildings insurance as it’s your landlord’s responsibility to ensure the building is covered, but you should consider contents insurance to protect your belongings. If you’re renting a property or a room as a student, consider student contents insurance