OneFamily

 

OneFamily.png


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

 

 

The latest news from Later Life Academy

Twitter News

Read the latest article by Stuart Wilson Managing Partner of the Later Life Academy in latest Mortgage Introducer https://t.co/6kvJJ8Fv2P Oct 23

With the first of the New Horizons events only a couple of weeks away reserve your place now at https://t.co/givfnOWyZi Oct 23

Nominated for Mortgage Club, Innovator and Later Life broker of year in Mortgage Introducer Awards please vote at… https://t.co/zvlaUhWui3 Oct 23