Hambleton Financial Services


mortgage brokers,

based in Northallerton

North Yorkshire.

Established in 1986.

We specialise in arranging



first time buyer mortgages, buy to let mortgages,

buy to let re-mortgages,

life insurance,

critical illness cover,

 income protection,

redundancy cover,

buildings/contents cover


We are paid commission

from the lender

should your mortgage complete

Hambleton Financial Services


1 Boston Avenue


North Yorkshire




08000 196 194


01609 77 57 44


07980 868154


Privacy Statement

Hambleton Financial Services

Mortgage Brokers & Insurance Consultants

Home About Us Our Services Mortgages Protection Insurance Extras

Are  you still paying too much?

Looking after our

clients since 1986

The guidance contained within this website is subject to the UK regulatory regime

and is therefore primarily targeted at consumers based in the UK.

Hambleton Financial Services is an appointed representative of TenetLime Limited,

which is authorised and regulated by the Financial Conduct Authority.

 TenetLime Ltd is entered on the Financial Services Register (www.fca.org.uk/register)

under reference 311266

Partners: W P Martlew & J E Martlew


Choosing the right protection for you and your family can depend upon a number of factors. We have included the information in this section of our site to give you a basic understanding of what is available.

Please contact us for professional advice following fair analysis so that you can enjoy peace of mind knowing that you and your family are adequately protected.

All the plans outlined below have no cash in value at any time, and will cease at the end of the term. If premiums are not maintained, then cover will lapse.

Most people have two main protection needs that can be covered by life insurance  

The simplest type of life insurance is called term insurance. With term insurance you choose the amount you want to be insured for and the period for which you want cover. If you die within the term, the policy pays out to your beneficiaries. If you don't die during the term, the policy doesn't pay out and the premiums you've paid are not returned to you.

There are two main types of term assurance to consider – level term and decreasing term insurance.

Level Term life insurance policies

A level term policy pays out a lump sum if you die within the specified term. The amount you're covered for remains level throughout the term – hence the name. The monthly or annual premiums you pay usually stay the same, too.

Level term policies can be a good option for family protection, where you want to leave a lump sum that your family can invest to live on after you've gone. It can also be a good option if you need a specified amount of cover for a certain length of time, e.g. to cover an interest-only mortgage

Decreasing Term life insurance policies

With a decreasing-term policy, the amount you're covered for decreases over the term of the policy.

Decreasing term policies can be a good option for mortgage protection where the debt that reduces over time, such as a repayment mortgages.

Premiums are usually significantly cheaper than for level-term cover as the amount insured reduces as time goes on.

Family income Benefit policies

Family income benefit life insurance is a type of decreasing term policy. Instead of a lump sum, though, it pays out a regular income to your beneficiaries until the policy's expiry date if you die.

The advantage of a family income benefit is that it's easier to work out how much you need. For example, if you take home £2,000 a month, you can arrange for the same amount to be paid out to your family if you die.

If you die two years into a 20-year family income benefit policy, your family could get £2,000 a month for 18 years. But if you die a year before the policy ends, your family gets £2,000 a month for just one year.


Policies usually include Terminal Illness cover - it doesn't cost any extra, and

benefit can be claimed if you are unlikely to survive a terminal illness for more than 12 months

Some policies have optional benefits, which are extra sorts of cover, added on to the principal life cover. Such benefits include:

These options involve an additional premium and are only paid subject to meeting specific criteria.

Critical illness cover can also be set up as a stand alone plan, separate from the principal life cover.

In addition, we can advise on and offer Income Protection plans, where your income can be protected against long term accident, sickness or disability until either the end of the mortgage term or until your normal retirement age

Income protection plans that have no investment link have no cash in value at any time and will cease at the end of the term. If you stop paying your premiums your cover will end

We can offer expert, independent advice following a full review of your circumstances to ensure you find a solution that meets your requirements and provides peace of mind for you and your family.

Still paying too much?

We can also check that any existing protection policies you may have are still offering value for money.

Policies taken out some years ago may now involve uncompetitive premiums.

We may be able to offer you the same (or better) cover at a lower monthly premium. Please contact us for a free initial no-obligation protection review

Please call FREEPHONE 08000 196 194

and ask for a full review of your protection requirements

or complete the on-line enquiry form


Latest Personal Finance News

By clicking the BBC News links you acknowledge that you will be departing from the regulated site of Hambleton Financial Services.

Neither Hambleton Financial Services nor TenetLIME are responsible for the accuracy or the information contained within the non-regulated site.