Mortgage Protection Adviser

When people come to us for mortgage protection advice, they often expect a quick conversation about signing a policy. We look at the full picture: what you earn, what you owe, and what your household could deal with if things went wrong. A mortgage and protection adviser at Prescient Wealth & Estate Management does not just recommend a product. We work alongside each client to help ensure the policy is suitable for their circumstances.

We Start by Understanding Your Situation Before We Advise on Anything

Before we make any recommendations, we look at your outgoings, your loan balance, and your household's financial exposure. It helps determine whether the cover you have meets your needs.

We work with new and existing customers across the UK who are buying for the first time, remortgaging, or becoming self employed. Giving advice at those moments, whether on a phone call or face to face, can make an enormous difference to the customers we serve.

There are several products that fall under this type of cover. That is where a specialist mortgage protection adviser earns their place.

Life Insurance to Pay Off Your Loan if You Pass Away

Life insurance can pay off your outstanding balance if you die within the policy term. Decreasing cover reduces the payout over time, in line with what you owe on a repayment loan. Level cover maintains the same payout and suits those with interest-only mortgages or who want a fixed lump sum when a claim is made. Joint life insurance covers two people but pays out once. A mortgage and protection adviser will help you decide whether a joint policy or two individual policies gives better value for your money.

Critical Illness Cover to Protect You if a Serious Diagnosis Changes Everything

Critical illness cover pays out a lump sum if you are diagnosed with a covered condition, which might include heart attack, stroke, or certain cancers. It gives you financial breathing room while you focus on your health, not on how you are going to keep up with your mortgage repayments. Research suggests nearly half of mortgage holders would struggle to maintain payments for six months if their pay stopped due to disability or injury. Critical illness cover is one of the key ways our advisers help clients deal with that gap.

Pay Replacement Cover to Protect Your Earnings When You Cannot Work

Income protection replaces a portion of your pay if you cannot work due to disability or injury, paying a regular monthly amount to cover your mortgage, bills, and everyday costs. For the self employed especially, this kind of policy is often the most important financial decision they will make. There is no employer sick pay to fall back on. Every mortgage and protection adviser helps self employed clients understand their real exposure and put a proper plan in place, whether they run their own business full time or work on a freelance basis. A good mortgage adviser makes all the difference in these situations.

Many customers assume their bank or building society has covered every angle. The reality is that lenders assess whether you can afford a suitable mortgage when you apply, but they do not require you to have a policy if disability or death affects your pay later. Every bank that lends on property follows the same approach. That responsibility falls entirely to you.

More than 50% of new mortgages now run for 30 years or longer, and among borrowers under 35 approximately 8 in 10 run for 30 years or more. That is a long time to carry a loan without a safety net, and it is why proper mortgage advice has become more important.

Financial Crime Awareness Is Part of Responsible Mortgage Advice

When our advisers work with clients, our advice includes being alert to financial crime risks such as application fraud. We are an appointed representative of Rosemount Financial Solutions (IFA) Limited, which is authorised and regulated by the FCA.

Here is a rough guide to what cover costs:

• Basic decreasing life cover on a repayment loan: from around £5 to £15 per month for a non-smoker in their 30s
• Level term life insurance at £150,000 over 20 years for a non-smoking 35-year-old: roughly £15 to £22 per month
• Comprehensive mortgage protection products including critical illness cover: a premium from around £30 to £60 per month

Premiums depend on your age, health, smoking status, loan balance, and the specific cover you need. A personalised quote can help you understand costs. Premiums are often lower when cover starts at a younger age, but this depends on your circumstances.

**Please note this is a rough guide and the actual cost will vary based on your financial situation, the complexity of advice required, and the service you choose. We keep an updated price list on our mortgage fees page but you need to contact us for an accurate quote.

Our mortgage and protection team assesses risk, handles complex medical disclosures, and helps manage the underwriting process. Cover depends on the insurer's assessment of your health. A mortgage adviser can help you present your case to insurers.

We are not tied to a single bank or insurer, and we recommend products based on your circumstances.

What Our Services Cover for Clients at Every Stage of Their Journey

Our services span life insurance, critical illness cover, pay replacement policies, and protection products. We work with clients buying their first house, those remortgaging, and those who are self employed and want to safeguard their own business and home loan. We provide mortgage advice and give customers a clear picture of their options at every stage.

We also support clients who already have a policy but have not reviewed it in some time. A policy set up years ago may no longer reflect what you owe. Reviewing it is part of the ongoing services our mortgage adviser team provides. We support clients through that process too.

Our advisers work with a broad panel of insurers and compare products so clients get the most suitable deal. No client should have to do that job alone. The services we offer are built around giving every client a clear picture of what they need, what it costs, and what happens if they ever need to make a claim. Our advisers make it straightforward.

Advisers across the industry remain concerned about the growing number of homeowners who are underinsured. More than 84,000 homeowner mortgages were in significant arrears during 2025, and the total outstanding mortgage lending in the UK reached approximately £1.73 trillion in late 2025. Many homeowners spend more time comparing energy or phone deals than reviewing whether their family has proper cover. Cover can help provide financial support if your income falls, although it does not guarantee you will keep your home. Whether cover is suitable depends on your circumstances.

The average homebuyer now spends around 21% of gross pay on mortgage repayments, the highest affordability pressure seen since 2008. At that level of commitment, it is worth considering whether you have suitable cover in place.

If you have a mortgage and you are not certain your cover is up to date, you may want to review your cover. Policy benefits depend on the policy terms, conditions and exclusions. At Prescient Wealth & Estate Management, we offer a free consultation where a specialist mortgage protection adviser will review your situation and explain your protection needs clearly.

Whether you are looking for life insurance, critical illness cover, pay replacement policies, or a combination of these services, our mortgage and protection advisers are ready to help. We aim to recommend suitable cover for your situation. Contact us today and let a mortgage adviser work out what your family needs and what it will cost. Our services are available to clients across the whole of the UK.

Reach out to Prescient Wealth & Estate Management for your free mortgage and protection advice session and take the first step towards reviewing your cover.

Important: Your home may be repossessed if you do not keep up repayments on your mortgage. Protection policies are subject to terms, conditions and exclusions, and may not pay out in all circumstances.