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Fewer than one in four people has a life insurance policy that would support their family in the event of their death, a new study1 has found. As the cost-of-living burden worsens, experts fear that the protection gap could continue to widen. Indeed, a tenth of respondents said they have already given up one or…

Mortgages became headline news in October. Despite the current mortgage market, it is still possible to make a positive decision. Rates rise The political turmoil recently initially sent interest rates soaring and left millions of mortgage holders with hundreds of pounds more to pay each month. Liz Truss’ brief stint as Prime Minister has resulted…

As an employee, you may find that you are eligible for an employee benefits package. Your employer may provide you some level of group protection. This may include life insurance, also known as a death in service, along with potentially an income protection benefit. Death in service is linked to your salary and is in…

After increasing the Bank Rate to 2.25% in September, the Bank of England (BoE) has since said it will ‘not hesitate’ to hike rates further to curb inflation. Variable rates Changing rates have a significant impact on the amount you repay on your mortgage. Those on a tracker mortgage will see their rate increase (or…

Planning for what you’ll leave behind once you’re gone is no easy task. But if you have loved ones that rely on your income, finding the right life insurance policy can make facing the unknown a little less daunting. Peace of mind Knowing your loved ones will not face financial hardship in your absence brings…

According to the Office for National Statistics, inflation hit a near 40 year high of 9% during April and could yet rise further during the remainder of the year. Driven by a further increase in the energy price cap coming in in October, experts are predicting this figure could rise to 10% putting a further…

Property Surveys – What are they and why are they a good idea?

Property Surveys – What are they and why are they a good idea?

There are many online guides for the Help to Buy Equity Loan Scheme and how the process works when first buying a property, but what happens when you come to remortgage?

There are many online guides for the Help to Buy Equity Loan Scheme and how the process works when first buying a property, but what happens when you come to remortgage?

Following three years of pandemic disorder in the buy-to-let (BTL) sector, 2023 is shaping up to be another eventful year for landlords. With several major legislative reforms due to come into force this year, what can landlords do to prepare? So, what’s changing? The Renters’ Reform Bill, which is set to be voted on before…

Preparing your documents Understandably, lenders are often handing over hundreds of thousands of pounds every time they agree a mortgage so it should come as no surprise that they are going to want to complete some due diligence to ensure that you are in a position to pay that money back. The extent of how…

Applications are now closed for the Help to Buy loan scheme in England and there has been no announcement of a replacement, so what other help is available? Shared Ownership is another scheme that helps first-time buyers get onto the property ladder where you start by buying 25% of your home and pay rent on…

Mortgage rates fell back in the last few months of 2022, having surged after September’s ‘mini-budget’. If you’re thinking about remortgaging, could now be a good time to secure a deal? Bank Rate blues The Bank of England has increased Bank Rate throughout 2022 and is expected to continue doing so in the new year.…