Ways To Pay

Home & Legacy is an introducer to Close Brothers Premium Finance a trading style of Close Brothers Limited (Close) and earn a commission for introducing business to Close.

A premium finance loan may be available for your clients with UK correspondence addresses and UK bank accounts.

Taking out premium finance will cost your clients more than paying their annual premium in full upfront as interest is charged on the loan.

For home insurance products the premium can be spread over 10 months at a fixed rate of 6% interest (representative % APR 15.45% variable). 

For landlord insurance products the premium can be spread over 12 months also at a fixed rate of interest of 6% (representative % APR 12.54% variable).

All premium finance loan applications are assessed by Close and not all applications are accepted.  

The assessments Close carry out will include an anti-money laundering assessment and may use credit scoring, credit reference agencies and automated decision making systems. A hard footprint will be left on your clients credit files. 

To carry out their assessments Close require:

• Full names
• Date of birth
• Email address
• Correspondence address (must be a UK address)        
• Bank account details (must be a UK bank account)

This information must be provided to us accurately when giving us your instructions.

Close charge a default fee of £30 will when collecting arrears and if the loan has to be cancelled due to unpaid arrears there will be a cancellation fee of £15.