Hi everyone, we are talking about what is happening in the mortgage world right now, trying to make sense of things in this ever changing economy in the UK. If like me you are aware of mortgages and know advisers in this space, you might see lots of different messages on social media. Some say things are going to be a disaster, others are saying that what we are seeing is just a blip and it will all sort itself out soon.

In this episode we have Martin Stewart joining us from London Money, one of the key mortgage adviser firms in the UK. He is here to give us his insight of what the mortgage market is doing, how it has changed over the years and his thoughts over how mortgage and protection insurance go hand in hand. A clear view from all of us is that people are not putting enough financial protection in place to cope with shocks that we can all face in life.

The key takeaways:

• Consumers are asking us questions that for an adviser seem simple, which shows that we are not educating people right.
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• The average person in the UK has 3 weeks of savings that they can live on, if they are ill and unable to work. 
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• People need the safety net of protection insurance as the NHS and state benefits in the UK are not a certainty.

Next time we have Matt Rann back with us and we are going to be talking about value added services with protection insurance. We are going to be looking at what they are, why they are seen as a positive development for insurers and consumers alike, and the role they can play at the point of a claim.

Remember, if you are listening to this as part of your work, you can claim a CPD certificate on our website, thanks to our sponsors Octo Members.

If you want to know more about how to arrange protection insurance, take a look at my 13 hour CPD Protection Insurance in Practice course here and 1 hour CPD Protection Competency Exam here.