OneFamily

OneFamily have created award winning products with customer needs and flexibility being a core focus.  We’ve picked up a five-star rating from Defacto three years in a row for our 50 Plus Life Cover, a five-star rating from MoneyFacts for our Lifetime Mortgages and we were named Best Junior ISA provider at the 2015 MoneyFacts Awards. We don’t stop there; we create all of our products and services so that they meet the same high standard.

And with a legacy dating back to 1975 we’ve been helping families help each other for over 42 years now. And we’ll continue doing so for decades to come.

Lifetime Mortgage Products:

No one really knows what retirement will bring, that’s why all of our Lifetime Mortgage products come with flexible features, including:

• Downsizing protection after 5 years
• Fixed early repayment charges for the first 10 years
• No early repayment charges after 10 years
• No affordability assessment
• fixed or variable rate options

Interest Roll-up: Roll-up

Customers make no payments to their loan through the life of the mortgage. Instead the interest and any charges are added to the loan each month.

Key features:

• The mortgage will be repaid when the home is sold
• The amount that will be repaid will consist of the original loan amount, plus any accrued interest or charges

Voluntary Payment:

Customers are able to pay back up to 10% of the initial loan amount each year, with no early repayment charge.

Key features:

• Minimum payment of £25 up to a maximum of 10% of loan amount

• Payments can be made from day one

• Payments of any frequency through standing order, cheque or debit card 

Interest Payment:

Customers are able to pay back up to 100% of the interest each month, ensuring the amount owed does not increase each year.

Key features:

• Minimum payment of £25 up to 100% of the interest amount

• Payments can be made from day one
• Monthly payments by Direct Debit

• Product switch available

Guaranteed 50 Plus Life Cover: 

OneFamily 50 Plus Life Cover offers guaranteed acceptance without a medical but there’s much more to our Defaqto 5 star rated Over 50’s Life Cover than that:

• Serious Illness Benefit.
  Currently the only Over 50s life cover product to offer this benefit.
• Terminal Illness Benefit.
  Currently the only Over 50s life cover product to offer this benefit.
• Premiums from £10 per month.
  A range of premiums to suit your client's needs between £10 to £75
• The OneFamily Care Advice Service.
  Free initial Care Advice to help clients and their families with their care needs.

• A cash lump sum.
  To help when your clients loved ones need it most for funeral costs, unpaid debts or to leave some money behind.
• Quick and easy application process.
  There’s no need to arrange a medical so your clients could be on cover within minutes.
• Option for clients to add nominated beneficiaries
  with pay-outs of up to £5000 without the need for probate.
• OneFamily Health Support.
  Practical and emotional help if your client or a family member is diagnosed with a serious or terminal illness.
• Offers a choice of Funeral Funding Option providers.

For further information on all of our products please visit us at www.onefamilyadviser.com