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    Finding the right cover for your business

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    Specialised commercial insurance.

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  • Pace Ward Financial Solutions - Protecting Wealth

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    Financial Services

    Our aim is to make it easier for our clients to manage their wealth.

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At Pace Ward Financial Solutions our business is to help make it easier and simpler for our clients to manage their wealth.


This we achieve through the provision of personal, face-to-face independent financial advice. There are no off-the-shelf solutions as our experience is that every single one of our clients has their own personal concerns, responsibilities and ambitions. 


The solutions that work for one, simply would not work for another. Basing our service on this principle as experienced advisers, we have built quite exceptionally strong, trusted and lasting relationships with our clients.


Mortgages are one of the largest single transactions in most people’s lives. Buying a property can be a stressful and time consuming experience, although nowadays the financing of a mortgage is a case of finding and selecting the most suitable mortgage, rather than simply accepting a lender’s offer.

Banks, building societies, and smaller niche lenders compete for your business, all offering a variety of interest rate deals, associated fees and other enhancements to attract borrowers.

The main methods of repaying a mortgage are capital and repayment and interest only. It is also sometimes possible to set this up using a combination of the two. A description of these methods is provided below.

Repayment (capital and interest) Method

Under the repayment method your monthly repayments consist of both interest and capital hence, over time, the amount of money you actually owe will decrease. In the early years your repayments will be mainly interest and therefore the capital outstanding will reduce slowly in the early years.

This method ensures that the mortgage is repaid at the end of the term providing all payments are made on time and in full. 

Interest-only Method 

As the name suggests, with the interest only method you only repay the interest on the amount borrowed. At the end of the term the capital is still outstanding. Therefore you will usually need to take out some kind of investment policy to save up enough money to repay the mortgage at the end of the term. 

Traditionally the preferred product for repaying the capital of an interest only mortgage was a mortgage endowment policy (which included a set amount of life cover) – although more recently customers are using Individual Savings Accounts (ISAs) and pensions to build up a sufficient sum and taking advantage of the tax breaks offered by these products.

As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments.

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 If you would like a quote for your Business or Personal Insurances, or have any questions click below to get in touch

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" The friendly, knowledgeable, professional yet personal service that you receive is faultless, and of a standard you'd expect to pay a premium for, yet I pay less! " Mr King

Pace Ward Limited & Pace Ward Financial Solutions Ltd

6 Ridge House, Ridgehouse Drive, Festival Park, Stoke on Trent, ST1 5SJ

Tel: 01782 286311

Pace Ward Limited are Independent Insurance Brokers who are authorised and regulated by the Financial Conduct Authority. A member of the Compass Network. Pace Ward Ltd Registered Office - 6 Ridge House, Ridgehouse Drive, Stoke on Trent, ST1 5SJ - Registered in England & Wales Number 4812481

Pace Ward Financial Solutions Ltd is authorised and regulated by the Financial Conduct Authority. Pace Ward Financial Solutions Ltd Registered Office - 6 Ridge House, Ridgehouse Drive, Stoke on Trent, ST1 5SJ - Registered in England & Wales Number 4812481