Mortgage Protection Terms and Conditions

Free Mortgage Payment Protection Cover

Buy one of our new Ward homes and take advantage of our free redundancy mortgage protection insurance offer to give you peace of mind for up to 1 year* from completion.
Offer available on selected plots only, subject to availability, terms and conditions apply. Free redundancy mortgage protection insurance cover is achieved by a single payment made by us to you on completion of your purchase.


1. Ward Homes will subsidise your monthly mortgage protection insurance premium payments relating to redundancy cover for up to 100% of your monthly mortgage payments for up to 3 years* by a single payment made to you on completion of your purchase. Based on your insurance quotation the monthly subsidy will have the effect of reducing your monthly premium payments to zero. At the end of the period the effective premium payable on your policy will revert to your provider’s current rate.
2. Your mortgage protection insurance policy will be subject to the insurer’s terms and conditions including any cancellation charges.
3. The total value of this offer will not exceed 1% of the purchase price of your property.
4. Monies will be paid on completion.
5. Offer applies to residential mortgages only not exceeding 90% of the purchase price of the property over a term of 25 years.
6. This offer is not available on buy to let properties
7. Purchasers must be at least 18 years old.
8. This offer can only be used in conjunction with other Ward Homes’ offers at the discretion of Ward Homes.
9. Your redundancy mortgage payment protection cover must be arranged via Ward Homes recommended mortgage broker to qualify for this subsidy. An arrangement fee may be payable.
10. This offer may be withdraw or modified by Ward Homes at any time. This does not affect your rights if contracts for the purchase of your property have already been exchanged.

Any promoted Ward Homes offer is subject to contract and status. Offers are on selected plots only and are subject to availability. The offers advertised cannot be used in conjunction with any other offer on the same plot unless expressly stated otherwise. Prices and details are correct at time of going to press. All images are typical of Ward Homes and are for illustrative purposes only. Please contact the development in which you are interested for further details.

Ward Homes reserve the right to withdraw or alter any of these offers at any time prior to the payment of a reservation fee. Contracts must be exchanged within 28 days of reservation of your property. Failure to do so may result in the loss of all or part of your reservation fee.

The current specific offers being advertised in relation to selected Ward Homes developments are also subject to the specific terms and conditions set out above (N.B. these offers may vary from time to time and you should refer to the development in which you are interested to discover which offers are available on specific plots and developments).

All Ward Homes offers are subject to the use of a Ward approved Independent Mortgage Advisor and Solicitor. Ward Homes will not be liable for the refusal of a mortgage based on the borrower’s individual circumstances which leads to the loss of any reservation fee. Ward Homes will not be responsible for the failure of any deal due to any defects in your existing property which arise as a result of an inspection or survey, whether a part exchange deal has been agreed or not.

These terms and conditions do not affect your statutory rights.

*Period subject to Ward Homes discretion.

Ward Homes is the trading name of BDW Trading Limited (registration number 03018173) which is a subsidiary of Barratt Developments Plc (Registered number 00604574) both with registered offices at Barratt House, Cartwright Way, Forest Business Park, Bardon Hill, Coalville, Leicester, LE67 1UF
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Legal information

Ward Homes is a trading name of BDW TRADING LIMITED (Company Number 03018173) a company registered in England whose registered office is at Barratt House, Cartwright Way, Forest Business Park, Bardon Hill, Coalville, Leicestershire, LE67 1UF. VAT number GB633481836.