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Friends Annuities Mortgage Insurance Quotes

Friends Life is starting to show a lot of promise on the investment and insurance market. Apparently, they are getting ready to update and improve their annuity mortgage system, making it one of the best systems in the world.

Annuity mortgage is something designed mostly for senior citizens, however there are a lot of young people that are getting into this system as well. What it relies on is the annuity equation, making the mortgage a lot easier to pay by delivering it in chunks rather than a fixed monthly bill.

To get a better idea, let’s compare the 2 systems together.

On one side, we have the normal mortgage system which is fairly cumbersome for most people because it relies on the fact that you have a job that is at the very least stable.

On the other side we have the annuity mortgage which relies not on the actual job but on the income itself and as long as you are able to generate the income that you need by the end of the year, you can pay it off and be rid of it for another year.

Friends annuities plan

Recently, the market for mortgages and insurance has been rather shaky, and the fluctuations that have been affecting it have been rather steep, however Friends actually managed not just to reach the targeted investment profit, but actually to exceed it by a little over 16 million pounds.

This has not only proved both to them and the world that they have the capability of playing the market as it should be played, but also that they have the right people that can provide the right services.

The situation and the economic scenarios that they have mapped out gave them the opportunity to develop far better annuity options and packages which allow their clients the freedom and the flexibility that they desire in order to take advantage of the mortgage funds and pay them back easily.

The downsides

As with everything, the annuity mortgage also has its downsides.

This is the main reason why you should never try to get one on the go, and really sit down and think about it. You get the flexibility that you want, however if you find yourself in a bit of a jam and you are unable to make the required payment date, you can find yourself in some rather unpleasant situations.

This is why it was originally designed for senior citizens. With their pension arriving on a regular basis and with none of the influences that the youth of Britain has to face every single day, they are unable to miss the deadlines, while the youth are finding it increasingly hard to actually meet the deadlines head on.

The interest rate might differ from scenario to scenario, however it is worth mentioning that the differences are not too drastic, and can easily be handled by both sides.

In the end, if you feel that this system is the one that would suit you better, then by all means, go for it.

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