Helping your clients onto the property ladder

Whether your client is saving for their own home, or looking to set money aside to help their children get on the property ladder, they will certainly now need the advice of a Financial Broker to help them turn their dreams into a financial reality.

Building a deposit

Unfortunately, with house prices still rising many people feel that owning their own home is beyond their immediate reach. However, with adequate planning and advice around recognised saving and investment principles, the necessary funds can be accumulated to secure that vital deposit for a property in the future.

Small actions can have great impact

Starting or maintaining this savings habit has of course two real advantages. Small steps can obviously help to build up large savings funds but allied to this is that your client will also have demonstrated the savings habit to any future potential lenders.

With outgoings at a premium, perhaps the only way for some clients to achieve their dream is by firstly applying simple changes to their spending habits, followed by setting aside a contribution to a Regular Savings Plan which will meet their own Cash Target of a house deposit in 5,7,10 years or longer. 

Zurich have been assisting clients to meet their savings needs for the last 30 years, developing a range of Regular Savings Plans targeting future cash goals, whatever they may be. But we also now have all the support tools available to help your clients make that journey towards their dream home. 

4 step plan

• Step 1 – Budget Calculator

Using the Zurich budget calculator will enable your clients work out what their monthly income and expenses are and how much they have available to save. It will encourage them to consider areas where cost savings can be made and consequently provide funds toward building their house deposit.

• Step 2 – Savings Calculator

The Savings calculator helps your client work out how much they need to save each month to meet their goals. So whether it’s for your own clients, or their children, you can help them estimate the costs of matching an estimated future house deposit with the desired cash sum.

• Step 3 – Client Reports

Zurich’s Online Client Financial Report can provide the perfect professional recommendation for your client, explaining and demonstrating how they can build the foundations for that all important house deposit in the future.

• Step 4 – Online Apply

Simply use Zurich’s Signature Free Online process and you have now set your client on the journey towards their dream home. They can also see their funds build up through their own client centre access. 

The Prisma multi-asset fund range from Zurich

We believe that the funds you are invested in should be the bedrock of your client’s savings plan. As an active investment manager, we are conscious of the need to invest your clients’ funds responsibly. Our responsible investment strategy aims to create sustainable value with the core objective of doing well and doing good. By investing in the Prisma range through a Regular Savings plan your clients can benefit from strong investment performance, great active management and competitive pricing, all backed by the local expertise of Zurich Investments and the global strength and security of the Zurich Insurance Group.

For more information

The above online tools are just some of the supports Zurich can provide to assist your clients on their journey. You can find out more information by speaking to your Zurich Broker Consultant.