Mortgage and Protection Review Suitability Report Sample

Mortgage

review report

Prepared for: Mr & Mrs J Smith By: Mr Martin Jones CeMAP Senior Financial Planner

Safe as Houses mortgage planning limited

Contents 1 1.1 1.2 1.3 1.4 1.5

Introduction to Advice ................................................................................................................................ 2 Executive Summary ....................................................................................................................................................................... 2 About Sensational Financial Advice Limited ....................................................................................................................... 2 Background to our Meeting ...................................................................................................................................................... 2 Agreed Objectives & Priorities ................................................................................................................................................. 2 Current Personal and Financial Circumstances.................................................................................................................. 2

2 2.1 2.2

Mortgage Advice.......................................................................................................................................... 3 Foreword to Advice ...................................................................................................................................................................... 3 Easy Mortgage Lending - Mortgage ..................................................................................................................................... 3 2.2.1 Why this Mortgage? .......................................................................................................................................................... 3 2.2.2 Attitude to risk ..................................................................................................................................................................... 3 2.2.3 Why this mortgage term? ............................................................................................................................................... 3 2.2.4 Reason for recommending the interest rate type ................................................................................................. 4 2.2.5 Reasons for recommending this lender .................................................................................................................... 4 2.2.6 Potential disadvantages ................................................................................................................................................... 4 Mortgage Offer Letter ................................................................................................................................................................. 4 Surveyors Report ........................................................................................................................................................................... 4 Cost of our Services ...................................................................................................................................................................... 4 Risk Warnings ................................................................................................................................................................................. 5

2.3 2.4 2.5 2.6 3 3.1 3.2 3.3

Protection Advice ......................................................................................................................................... 6 Product Recommendation ......................................................................................................................................................... 6 3.1.1 Great Protection Ltd - Mortgage Protection ........................................................................................................... 6 Provider Recommendation ........................................................................................................................................................ 7 Risk Warnings ................................................................................................................................................................................. 7

4 4.1

Planning Ahead ............................................................................................................................................ 8 Your Will ............................................................................................................................................................................................ 8

5 5.1 5.2 5.3 5.4

Important Information ................................................................................................................................ 9 Cost of our Services ...................................................................................................................................................................... 9 Your Rights ....................................................................................................................................................................................... 9 Your Duty of Disclosure .............................................................................................................................................................. 9 Changes to Your Circumstances .............................................................................................................................................. 9

Appendix A - Glossary of Terms ......................................................................................................................... 10 Appendix B - Current Personal and Financial Circumstances Summary ...................................................... 12

Mortgage Review - Page 1

1 Introduction to Advice 1.1 Executive Summary Etiam tincidunt vehicula tincidunt. Pellentesque lobortis lacus in enim mattis, ut facilisis dui consectetur. Sed sed gravida mauris. Nunc sit amet mi est. Donec a magna risus. Donec ac ipsum placerat, molestie urna et, malesuada leo.

Curabitur ut augue sed lectus consectetur gravida. Aliquam adipiscing lorem erat, non dictum ligula elementum ac. Suspendisse at justo vitae magna condimentum semper. Pellentesque viverra, ipsum non dignissim malesuada, justo nisi accumsan elit, a cursus risus turpis vel nibh. Vivamus vestibulum commodo lacus nec adipiscing. Duis vehicula ut nunc at pretium. Nullam id ornare eros. Aliquam varius bibendum mi, ut volutpat augue placerat vitae.

Proin enim mi, faucibus id tortor a, consectetur elementum nulla. Nunc porta, turpis a vestibulum lobortis, elit lacus semper diam, eu porttitor nulla ante vulputate erat. Cras cursus sem a sagittis eleifend.

1.2 About Sensational Financial Advice Limited Sensational Financial Advice is a firm of independent financial advisers, based in Newtown-upon-River. We have been providing mortgage planning solutions for our clients since 1992 and have a loyal and dedicated client bank. We are directly authorised and regulated by the Financial Service Authority, are not controlled by any larger organisation and can therefore offer totally unbiased recommendations.

Our team consists of 7 mortgage advisers, all of whom have achieved the Certificate in Mortgage Advice and Practice (Cemap), and are backed up by a dedicated and professional team of support staff.

We aim to act fairly and impartially at all times and to communicate with you in a jargon-free, easy to understand manner. We aim to provide you with top quality advice and to treat you fairly in all matters.

1.3 Background to our Meeting As an existing client of the firm we contacted you to offer you a review.

1.4 Agreed Objectives & Priorities I have analysed all your financial planning requirements and identified the following objectives to be addressed now which are listed in order of priority: 1

Obtain a remortgage − Your current mortgage deal is ending shortly and you are looking for guidance.

2

Protect against the financial consequences of death − You asked us to explore different methods of mortgage repayment and the need to balance this with sufficient protection should something happen to you.

1.5 Current Personal and Financial Circumstances A summary of your personal and financial circumstances are contained in the appendices of this report.

2 Mortgage Advice 2.1 Foreword to Advice Aenean eleifend metus suscipit rutrum varius. Interdum et malesuada fames ac ante ipsum primis in faucibus.Maecenas ut ligula nec risus consequat adipiscing. Nunc quis convallis mauris, id dignissim magna.

Cras tincidunt nibh tellus, et viverra mi dignissim sit amet. Mauris posuere sem vitae quam suscipit, at lacinia lacus aliquet. Vivamus scelerisque aliquam velit, vel dictum turpis viverra eget. Nunc at justo libero.

2.2 Easy Mortgage Lending - Mortgage I can confirm that my recommendation meets your needs, objectives and preferences as follows: Parties to the mortgage

Mr John Smith Mrs Jane Smith

Type of mortgage

New Purchase

Repayment mortgage loan amount

£125,000.00

Deposit amount

£50,000.00

Mortgage term

25 Years

Payment type

Repayment mortgage

Interest rate type

Fixed

Lender

Easy Mortgage Lending

Initial monthly payment

£702.48

Term of initial rate deal

36 Months

Initial interest rate

4.5%

Equivalent APR over the life of the loan

8.7%

Estimated monthly payment after initial deal ends

£967.21

KFI reference and date that the above figures were produced: PJA235 / 25/02/2014 2.2.1 Why this Mortgage?

After discussion, I recommended this particular mortgage for the following reasons: • This method guarantees to repay your loan at the end of the term.

• I established that you had sufficient funds to pay the relevant fees without needing a facility to add to the mortgage.

• Praesent dapibus ultricies lectus, a luctus sapien pharetra rutrum.

• Proin enim mi, faucibus id tortor a, consectetur elementum nulla.

• Quisque id bibendum urna, in ullamcorper elit. Ut eleifend varius elit, sit amet iaculis ipsum.

2.2.2 Attitude to risk We discussed your attitude to risk and you indicated that you are generally quite cautious. You want a method of repayment which will guarantee that the debt will be repaid by the end of the term as long as you keep up repayments. I have therefore, categorised you as having a cautious approach to repaying your mortgage. I can confirm that my recommendation matches your attitude to risk.

2.2.3 Why this mortgage term?

I recommended this term • To coincide with your expected retirement age.

• Nam volutpat lorem risus, eu tincidunt elit eleifend ut.

You understand that the longer the chosen term, the more interest will be paid.

Mortgage Review - Page 3

2.2.4 Reason for recommending the interest rate type • A fixed rate mortgage was recommended as you require the comfort of Sed posuere tellus id dictum vulputate. Mauris scelerisque massa erat, a viverra mi condimentum ac. Suspendisse in orci laoreet, tristique lectus vel, porttitor libero. Phasellus in tellus non turpis gravida adipiscing sit amet ac sem.

2.2.5 Reasons for recommending this lender Having researched the market place I have recommended Easy Mortgage Lending as the lender for the following reasons: • Based on my research they offered a competitive monthly mortgage payment.

• In hac habitasse platea dictumst. Suspendisse sollicitudin commodo tellus ac malesuada.

• Cras cursus sem a sagittis eleifend.

• Ut eleifend varius elit, sit amet iaculis ipsum.

2.2.6 Potential disadvantages Although I believe my advice to be suitable for your needs I need to point out the following: • The mortgage cannot be transferred to a new property should you move.

• Suspendisse in orci laoreet, tristique lectus vel, porttitor libero.

• Nunc porta, turpis a vestibulum lobortis, elit lacus semper diam, eu porttitor nulla ante vulputate erat.

2.3 Mortgage Offer Letter Full terms and conditions of your mortgage will be contained within your mortgage offer letter issued by the lender. Aliquam vitae consectetur risus. Duis quis molestie eros. Donec viverra nisl non nibh commodo pellentesque. Sed egestas mattis enim, in gravida felis condimentum ut. Ut arcu ante, pretium ornare arcu et, auctor semper dolor. Nulla facilisi. In luctus sagittis ligula sit amet imperdiet. Morbi quis mi felis. Ut imperdiet ornare nisi, eu malesuada orci condimentum eget. Ut tempor pretium ante, vitae tempor tortor pretium non. Proin enim mi, faucibus id tortor a, consectetur elementum nulla.

2.4 Surveyors Report To allow your application to be finalised, a valuation report is required. Pellentesque a nibh malesuada, mattis risus eu, iaculis lacus. Aliquam iaculis, orci vulputate consequat varius, ante nisl varius justo, ut gravida felis massa et lectus. Aenean eleifend metus suscipit rutrum varius. Interdum et malesuada fames ac ante ipsum primis in faucibus. Maecenas ut ligula nec risus consequat adipiscing.

2.5 Cost of our Services There is a cost involved for the time we spend researching the market, for arranging the mortgage on your behalf and ensuring that the transaction is completed to your satisfaction.

The following is a summary of our remuneration: Description Procuration Fee Administration Fee Arrangement Fee

Amount £750.00 £50.00 0.25% of the mortgage amount

Please see the mortgage illustration, in particular sections 8 & 13 for full information, including charges made by the lender. Please note that where the exact fees are unknown (for example, we may not know exactly what the solicitor will charge), we have made an estimate based on our experience. Please note that under such circumstances, the actual charge may be higher or lower than that quoted.

2.6 Risk Warnings In addition to the risks shown below, please read the provider product information carefully. This information is provided for guidance and is not designed to be a definitive list or comprehensive guide. Sed a nulla in eros convallis tincidunt non sed lorem. Aenean suscipit orci id risus dignissim vestibulum. Fusce est diam, commodo quis arcu sit amet, condimentum rutrum dui. Quisque aliquet lorem ut erat facilisis, at blandit magna consequat.

• Your home may be repossessed if you do not keep up repayments on your mortgage.

• Nullam id ornare eros. Aliquam varius bibendum mi, ut volutpat augue placerat vitae. Praesent id porttitor risus. Donec non magna est. Nam nec eros a mi sollicitudin imperdiet ut eget massa.

• Fusce eu lacus a justo consectetur semper. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia Curae; Donec vitae tincidunt dolor. Pellentesque a nibh malesuada, mattis risus eu, iaculis lacus.

• Ut eleifend varius elit, sit amet iaculis ipsum. Nunc hendrerit tristique lectus sed accumsan. Nulla volutpat pulvinar lorem quis pharetra.

• Fusce est diam, commodo quis arcu sit amet, condimentum rutrum dui. Quisque aliquet lorem ut erat facilisis, at blandit magna consequat. Sed lacinia, elit ut auctor semper, augue felis aliquet nulla, non pharetra ligula arcu sodales dolor.

• Higher Lending Charge: Maecenas ut ligula nec risus consequat adipiscing. Nunc quis convallis mauris, id dignissim magna. Cras tincidunt nibh tellus, et viverra mi dignissim sit amet. Mauris posuere sem vitae quam suscipit, at lacinia lacus aliquet. Vivamus scelerisque aliquam velit, vel dictum turpis viverra eget. Nunc at justo libero. Praesent dapibus ultricies lectus, a luctus sapien pharetra rutrum. Pellentesque sagittis sollicitudin varius. Sed posuere tellus id dictum vulputate.

Mauris scelerisque massa erat, a viverra mi condimentum ac. Suspendisse in orci laoreet, tristique lectus vel, porttitor libero. Phasellus in tellus non turpis gravida adipiscing sit amet ac sem.

Mortgage Review - Page 5

3 Protection Advice 3.1 Product Recommendation 3.1.1 Great Protection Ltd - Mortgage Protection Policy summary Policy Owner(s)

Mr John Smith Mrs Jane Smith

Lives Assured

Mr John Smith Mrs Jane Smith

Life Basis

Joint Life First Event

For a premium of £26.87 per month I have obtained the following levels of cover: Life cover: £150,000.00 initial lump sum benefit. This figure decreases each year (see below).

This is the amount payable following the untimely death of the lives assured.

Critical Illness Cover: Not taken up Having discussed critical illness cover with you, it was decided not to include it in the policy because: • We agreed that it was too expensive to add the cover onto the policy.

The initial benefits will reduce in accordance with the proportional reduction of the capital due on your repayment mortgage assuming an interest rate of 6% per annum. However, you should bear in mind that the lump-sum benefit shown may not be enough to repay your mortgage if interest rates rise above this rate.

This level of cover has been selected because: • The level of cover has been selected to match your outstanding mortgage amount.

Policy features Reasons for Recommendation Policy Term

25 years

This term matches your mortgage redemption date.

Type of Premium

Reviewable

You wanted a lower premium initially and were prepared to accept the premium increasing at each review.

Indexation

No

I established the level of cover required would not need to change in the foreseeable future.

Waiver of Premium

Yes

We agreed that adding waiver was a small cost for the potential benefits it could provide.

Additional Benefits Include: • Accidental Death Cover • Serious Illness Cover • Guaranteed Insurability The above mentioned benefits are included within your policy, you should ensure you read and understand the provided Key Features Document which explains in more detail exactly what is covered.

Why this product?

• You would like peace of mind knowing that your family will be able to continue in the lifestyle that they are accustomed to in the event of your untimely death.

• In hac habitasse platea dictumst. Suspendisse sollicitudin commodo tellus ac malesuada. Suspendisse et felis ligula.

• Pellentesque lobortis lacus in enim mattis, ut facilisis dui consectetur.

Potential disadvantages There are potential consequences, disadvantages and downsides to this recommendation of which you should be aware: • Whenever the plan comes up for review it is likely your premiums will increase or your level of cover will decrease, since it is based on the then age of the life assured.

• Quisque id bibendum urna, in ullamcorper elit.

• Donec viverra nisl non nibh commodo pellentesque.

Trusts By writing a policy in trust, you can make sure the proceeds of any potential claim go to the right people at the right time. Ut imperdiet ornare nisi, eu malesuada orci condimentum eget. Ut tempor pretium ante, vitae tempor tortor pretium non. Proin enim mi, faucibus id tortor a, consectetur elementum nulla.

Cancellation You have a period of 14 days in which you can review and consider your options. You should check the provider literature to confirm the date that this period commences and any charges that may apply following the cancellation and (where applicable) the method of exercising your rights.

Cost of our services For arranging this contract Sensational Financial Advice Limited will receive commission of £685.35.

3.2 Provider Recommendation Having researched the market place I have recommended Great Protection Ltd as the provider for the following reasons: • They offer a competitive premium.

• Aenean eleifend metus suscipit rutrum varius.

• Vivamus scelerisque aliquam velit, vel dictum turpis viverra eget.

3.3 Risk Warnings In addition to the risks shown below, please read the provider product information carefully. This information is provided for guidance and is not designed to be a definitive list or comprehensive guide. Aliquam vitae consectetur risus. Duis quis molestie eros. Donec viverra nisl non nibh commodo pellentesque. Sed egestas mattis enim, in gravida felis condimentum ut. Ut arcu ante, pretium ornare arcu et, auctor semper dolor.

Nulla facilisi. In luctus sagittis ligula sit amet imperdiet.

• If premium payments are not maintained, the benefits of the plan will be put at risk. If premium payments cease altogether, the benefits of the plan will cease.

• Praesent id porttitor risus. Donec non magna est. Nam nec eros a mi sollicitudin imperdiet ut eget massa. Nam volutpat lorem risus, eu tincidunt elit eleifend ut.

• Suspendisse in orci laoreet, tristique lectus vel, porttitor libero.

Mortgage Review - Page 7

4 Planning Ahead 4.1 Your Will I recommend you ask your solicitor Pellentesque ac nisi convallis, vehicula ipsum ut, ornare metus. In hac habitasse platea dictumst. Suspendisse sollicitudin commodo tellus ac malesuada.

5 Important Information 5.1 Cost of our Services As per the terms agreed, the costs of our services are outlined within each section of this report.

5.2 Your Rights Whilst we place a great emphasis on the quality of the service provided vivamus vestibulum commodo lacus nec adipiscing. Duis vehicula ut nunc at pretium. Nullam id ornare eros. Aliquam varius bibendum mi, ut volutpat augue placerat vitae. Praesent id porttitor risus. Donec non magna est. Nam nec eros a mi sollicitudin imperdiet ut eget massa.

5.3 Your Duty of Disclosure You should note if any information provided by sed gravida mauris. Nunc sit amet mi est. Donec a magna risus. Donec ac ipsum placerat, molestie urna et, malesuada leo. Sed posuere tellus id dictum vulputate.

Mauris scelerisque massa erat, a viverra mi condimentum ac.

5.4 Changes to Your Circumstances If your circumstances have changed since our last meeting In hac habitasse platea dictumst. Suspendisse sollicitudin commodo tellus ac malesuada. Suspendisse et felis ligula. Nam venenatis dolor tellus, sit amet suscipit quam fermentum vel.

Mortgage Review - Page 9

Appendix A - Glossary of Terms Mortgage Advice Annual Percentage Rate (APR) The Mauris posuere sem vitae quam suscipit, at lacinia lacus aliquet. Vivamus scelerisque aliquam velit, vel dictum turpis viverra eget. Nunc at justo libero. Praesent dapibus ultricies lectus, a luctus sapien pharetra rutrum. Pellentesque sagittis sollicitudin varius.

Capped Rate Aenean eleifend metus suscipit rutrum varius. Interdum et malesuada fames ac ante ipsum primis in faucibus.

Maecenas ut ligula nec risus consequat adipiscing. Nunc quis convallis mauris, id dignissim magna.

Disbursements Fusce eu lacus a justo consectetur semper. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia Curae; Donec vitae tincidunt dolor. Pellentesque a nibh malesuada, mattis risus eu, iaculis lacus.

Discounted Rate The term ‘discounted rate’ means the rate charged after a specified discount has been applied to the lender’s standard variable rate. The discounted rate will apply for a specified period and may increase or decrease as the lender’s standard variable interest rate itself increases or decreases.

Fixed Interest Rate Fusce est diam, commodo quis arcu sit amet, condimentum rutrum dui. Quisque aliquet lorem ut erat facilisis, at blandit magna consequat. Sed lacinia, elit ut auctor semper, augue felis aliquet nulla, non pharetra ligula arcu sodales dolor.

Interest-only Mortgage Ut eleifend varius elit, sit amet iaculis ipsum. Nunc hendrerit tristique lectus sed accumsan. Nulla volutpat pulvinar lorem quis pharetra. Nam venenatis dolor tellus, sit amet suscipit quam fermentum vel. Sed a nulla in eros convallis tincidunt non sed lorem. Aenean suscipit orci id risus dignissim vestibulum.

Repayment (Capital and Interest) Mortgage Morbi lobortis rutrum nulla, vel ultricies enim ultrices id. Quisque eget sagittis nisi. Pellentesque ac nisi convallis, vehicula ipsum ut, ornare metus. In hac habitasse platea dictumst. Suspendisse sollicitudin commodo tellus ac malesuada. Suspendisse et felis ligula. Quisque id bibendum urna, in ullamcorper elit.

Stamp Duty Generally, Stamp duty land tax is paid when property is purchased. The buyer of the property is responsible for paying the tax. We have shown the rates below: Residential property purchase price

Rate of Stamp Duty Land Tax

Up to £125,000

0%

Over £125,000 - £250,000

1%

Over £250,000 - £500,000

3%

Over £500,000 - £1 million

4%

Over £1 million - £2 million

5%

Over £2 million

7%

Tracker Rate The term ‘tracker rate’ sed posuere tellus id dictum vulputate. Mauris scelerisque massa erat, a viverra mi condimentum ac. Suspendisse in orci laoreet, tristique lectus vel, porttitor libero. Nam volutpat lorem risus, eu tincidunt elit eleifend ut.

Variable Rate Nunc sit amet mi est. Donec a magna risus. Donec ac ipsum placerat, molestie urna et, malesuada leo. Nam volutpat lorem risus, eu tincidunt elit eleifend ut. . Nulla volutpat pulvinar lorem quis pharetra. Nam venenatis dolor tellus, sit amet suscipit quam fermentum vel. Sed a nulla in eros convallis tincidunt non sed lorem.

Protection Advice Accident Sickness and Unemployment Insurance (ASU) This insurance will cover mortgage repayments Curabitur ut augue sed lectus consectetur gravida. Aliquam adipiscing lorem erat, non dictum ligula elementum ac. Suspendisse at justo vitae magna condimentum semper. Pellentesque viverra, ipsum non dignissim malesuada, justo nisi accumsan elit, a cursus risus turpis vel nibh. Vivamus vestibulum commodo lacus nec adipiscing. Duis vehicula ut nunc at pretium. Nullam id ornare eros.

Permanent Health Insurance (PHI) PHI Ut imperdiet ornare nisi, eu malesuada orci condimentum eget. Ut tempor pretium ante, vitae tempor tortor pretium non. Proin enim mi, faucibus id tortor a, consectetur elementum nulla. Nunc porta, turpis a vestibulum lobortis, elit lacus semper diam, eu porttitor nulla ante vulputate erat. Cras cursus sem a sagittis eleifend.

Reviewable Premiums Aliquam vitae consectetur risus. Duis quis molestie eros. Donec viverra nisl non nibh commodo pellentesque.

Sed egestas mattis enim, in gravida felis condimentum ut. Donec a magna risus. Donec ac ipsum placerat, molestie urna et, malesuada leo. Sed posuere tellus id dictum vulputate. Mauris scelerisque massa erat, a viverra mi condimentum ac.

Term Assurance Fusce est diam, commodo quis arcu sit amet, condimentum rutrum dui. Quisque aliquet lorem ut erat facilisis, at blandit magna consequat. Sed lacinia, elit ut auctor semper, augue felis aliquet nulla, non pharetra ligula arcu sodales dolor.

Waiver of Premium Nunc quis convallis mauris, id dignissim magna. Cras tincidunt nibh tellus, et viverra mi dignissim sit amet.

Mauris posuere sem vitae quam suscipit, at lacinia lacus aliquet. Vivamus scelerisque aliquam velit, vel dictum turpis viverra eget. Nunc at justo libero. Praesent dapibus ultricies lectus, a luctus sapien pharetra rutrum.

Pellentesque sagittis sollicitudin varius.

Whole of Life In hac habitasse platea dictumst. Suspendisse sollicitudin commodo tellus ac malesuada. Suspendisse et felis ligula. Quisque id bibendum urna, in ullamcorper elit. Ut eleifend varius elit, sit amet iaculis ipsum.

Sed posuere tellus id dictum vulputate. Mauris scelerisque massa erat, a viverra mi condimentum ac.

Suspendisse in orci laoreet, tristique lectus vel, porttitor libero. Phasellus in tellus non turpis gravida adipiscing sit amet ac sem.

Mortgage Review - Page 11

Appendix B - Current Personal and Financial Circumstances Summary Mr John Smith

Mrs Jane Smith

Marital Status

Married

Married

Occupation

Sales Manager

Housewife

Age

36

32

Number of Dependants

1

1

Total Gross Earnings

£43,000.00

£0.00

Want to Retire at Age

65

65

Up to date Will

No

No

Total Life Cover

£0.00

£0.00

Total Critical Illness Cover

£0.00

£0.00

Income Protected

Yes

No

Net monthly disposable income

£2,600.00

£0.00

Total Monthly Expenditure

£2,000.00

£0.00

Total Value of Money on Deposit

£2,100.00

£2,432.00

Total Value of Investments

£15,400.00

£0.00

Member of Employer’s Pension Scheme

No

No

Total Value of Existing Pension Funds

£4,235.00

£0.00

Residential Status

Home Owner

Property Value

£175,000.00

Outstanding Mortgage

£125,000.00

Outstanding Term

30 years

Mortgage Type

Capital & Interest Repayment

Total Monthly Mortgage Repayment

£964.23

Total Value of other Loans and Debts

£4,500.00

Total Monthly Repayment of other Loans & Debts

£150.00

Mr & Mrs J Smith 1 The Place Somewhere Outthere OT3 4TH 01 April 2014 Dear Mr & Mrs J Smith RE: Mortgage and Protection Advice The purpose of the enclosed report is to outline my advice to you, praesent vel ultrices enim, eu euismod augue. Duis adipiscing pharetra feugiat. Ut sem diam, dapibus interdum bibendum a, varius ac erat. Nullam ac ligula tempor, pretium risus at, placerat nisi. In congue pellentesque dapibus. Curabitur blandit, tellus vel aliquam luctus, odio elit ultricies lacus, quis malesuada tortor odio non magna. Phasellus vitae ultricies ligula.

There are broadly two types of advice in the market place ‘Independent’ or ‘Restricted’. Curabitur blandit, tellus vel aliquam luctus, odio elit ultricies lacus, quis malesuada tortor odio non magna. Phasellus vitae ultricies ligula.

I would recommend you also read the literature provided as follows: • Terms of Business issued on 25/02/2014.

• Key Facts about our services and costs issued on 25/02/2014.

• Key Features Document issued on 25/02/2014.

• Illustration issued on 25/02/2014 Risk warnings and other important information Our recommendation is not without risk; we would therefore ask that you read our report nullam ac ligula tempor, pretium risus at, placerat nisi. In congue pellentesque dapibus. Curabitur blandit, tellus vel aliquam luctus, odio elit ultricies lacus, quis malesuada tortor odio non magna.

If you have any queries or difficulty understanding any aspect of the enclosed report or any of the associated risks, please telephone me and I would be happy to go through this with you again.

I look forward to speaking to you again in the near future and may I take this opportunity to thank you for allowing me to assist you with your financial planning. We look forward to being of service to you for many years ahead.

Yours sincerely

Martin Jones Mr Martin Jones CeMAP Senior Mortgage Adviser Safe as Houses Mortgage Planning Limited