Pendragon Direct – Mortgage & Insurance Experts.
Welcome to Pendragon Direct
At Pendragon, we take great care to really get to know our clients before we make any recommendations, so we can be sure that the mortgage or insurance that we offer is carefully matched to your personal circumstances and is genuinely what is best for you. We will also explain our recommendations to you in plain English so that you have a clear understanding of how our recommendation fits your situation. Then we leave you for as long as you want, to decide whether you wish to proceed or not. We are proud to offer our NO PRESSURE GUARANTEE, so you will never get any pressure selling, just good quality, honest advice. Our current clients value it, so if you are new to Pendragon then give us a try, we think you’ll like it too.
The Pendragon motto is “Excellence, Through Knowledge, Service and Integrity” and this impacts on how we work for our clients and the approach we take to business.
Knowledge – We go to great lengths to fully understand every detail of the mortgages and insurance that we offer, examining the many pages of fine-print in forensic detail, so you don’t have to. This allows us to give our clients top quality advice and we will tell you about both the benefits and any drawbacks when making a recommendation, which enables you to make a fully informed decision.
Service – All of our clients receive top quality service from their dedicated adviser and our administrators when we arrange mortgages or insurances. We also promise to keep in touch with you to ensure that you always have the best available product and to ensure that it always matches your circumstances as they change.
Integrity – At Pendragon we always put our clients first and we fully support the Financial Conduct Authority Treating Customers Fairly guidelines. Our belief is that if we put our clients first then they will continue to use us and are more likely to recommend us to family and friends, so you can rest assured that when we make a recommendation to you, it will genuinely be the most suitable to your individual circumstances.
The Mortgage market Review (MMR), which came into force on 26th April 2014, has dramatically changed how lenders evaluate mortgage applicants, moving from relatively simple income multiples to an affordability model, significantly increasing the difficulty in trying to work which of the multitude of mortgages you might actually qualify for.
Our independent mortgage experts can guide you through the MMR maze and find the best deals from the whole market, saving you a great deal of time and effort
Our approach on mortgages is to look at and explain all of the options that are available to you, covering both the common 2 year deals but also the longer term options of up to 5 or even longer, as these can sometimes work out to be better choices. At Pendragon, our goal is to reduce or eliminate your mortgage as quickly as possible, with minimum risk. Often, there are alternative approaches that you may not be aware of that would reduce your mortgage balance faster and with lower costs over the longer term.
Life insurance generally seems like a very easy subject, not worth getting advice on, and in principle it is simple. However, this apparent simplicity means that it is very common for people to take out life insurance policies that are not set up correctly, or even worse, may not offer the protection that they were taken out for, particularly critical when the objective is protecting the family home.
An easy illustration of how easy and common it is to get it wrong, is the large number of couples with children that have a JOINT life insurance policy. In the vast majority of these cases there would be major advantages if two single policies had been taken, as in the event of the death of both parents, the children would receive DOUBLE the amount of pay-out and surprisingly, the combined cost of single policies is typically very similar to and occasionally cheaper than, a joint cover.
If you have children, the advantages are obvious. This option involves more work for us as it is normally advisable for single policies to be written into trust, which we do for FREE, or the pay-out can be frozen in the estate of the deceased for months or years awaiting a grant of probate. If you have a single policy not written in trust, please give us a call and we will be happy to help.
We are also big advocates of income protection insurance and we are not alone in that view. Which? Say “The one protection policy every working adult in the UK does need is the very one most of us don’t have – income protection (IP)”.
If you want to help to get a mortgage that is genuinely the best for your circumstances and be confident that you are properly protected against whatever life throws at you, just give us a call or send us a message.
Your home may be repossessed if you do not keep up repayments on your mortgage
Pendragon Direct is a trading name of Lifetime Financial Management Ltd which is authorised and regulated by the Financial Conduct Authority, registered number 448415. Lifetime Financial Management Ltd is registered in England & Wales. Registered Number 3652194. Registered address: 12 – 14 Upper Marlborough Road, St Albans, Herts, AL1 3UR. Directors: P. Merrigan, U. Ozturk. The guidance and/or advice contained within this website is subject to the UK regulatory regime. There may be a fee for our service. This will be £249 for remortgages and £499 for house purchase mortgages. We do not charge fees for arranging protection policies.