Mortgages - Do I have to have life insurance to get a mortgage?

 
 
 

Below we have outlined the most common questions asked about mortgages.
Please click on a question to get the relevant answer.

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Costs
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How long will I have a mortgage for?
What is an APR?
Do I have to have life insurance to get a mortgage?
How much can I borrow?
What is a higher lending charge (HLC)?
Can I get a mortgage before I find a property?
Can I get a mortgage even if I have a bad credit history?
What happens if I lose my job?
What types of mortgage are there?
How do I repay my mortgage?

Do I have to have life insurance to get a mortgage?

No, it isn’t a requirement. If you have dependants, however, you should consider life assurance before taking on the responsibility of a mortgage.

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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPATMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT

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