When it comes to considering holiday and life insurance, there are distinct differences in their costs and underlying purposes. Many of us pay for holiday cover, but never consider life cover. What’s the difference? Holiday insurance, provides coverage for specific risks and incidents that may occur during a trip, such as trip cancellation, lost luggage, … Read more
A 100% mortgage, also known as a zero-deposit mortgage, is a loan that allows first-time buyers to borrow the full purchase price of a property without having a deposit. What does this mean? For first-time buyers, a 100% mortgage can be an appealing option as it allows you to step onto the property ladder sooner, … Read more
Around 140,000 landlords retired in 2022, predominantly these were older investors, who were part of the early buy-to-let mortgages launched in 1996. They leave behind a gap which is at risk of not being filled. What does this mean for the next generation of landlords? Currently, there are around one million landlords above the age … Read more
Life is unpredictable, but preparing for the unexpected can provide peace of mind and financial security for you and your loved ones. Whether you are considering life cover or re-evaluating your finances, it’s always important to plan for the future. Cost-of-living pressure With inflation remaining high, and continuing to affect household budgets, dealing with price … Read more
Buying and selling property can be a complex and stressful process. One of the most challenging parts of buying or selling is the property chain. This is where a group of home buyers and sellers are dependent on one another when purchasing a house – for example the owner(s) of the house you want to … Read more
Knowing when to buy a house can be challenging, especially during a cost-of-living crisis. Although household budgets remain under pressure from high inflation, confidence is returning to the property market as house prices fell 3.1% on an annual basis in March. Falling house prices March 2023 registered the biggest fall since July 2009, with the … Read more
New research highlights an ‘alarming link’ between the rising costs of living and declining health across the UK population. The protection industry can have a positive influence, providing the tools to help you stay healthy in 2023. Cost-of-living pressure The cost-of-living pressure could trigger a global health crisis, with the current economic environment having a … Read more
In March 2023, the Bank of England announced an increase to its base rate by 0.25%, rising to 4.25% in the eleventh rise since December 2021. Inevitably, this will affect everyone throughout the UK. So what does it mean and how does it affect your mortgage? What does this mean? Approximately 2.2 million people in … Read more
Equity release has become increasingly popular in recent years. It allows homeowners, aged 55 and older, to access the equity tied up in their property without having to sell it. This can be done in several ways, but the most common ones are through a lifetime mortgage or a home reversion plan. What’s the difference? … Read more
Buying a property is a big decision, especially for first-time buyers. While it can be an exciting and rewarding experience, it can also be stressful and overwhelming. There are several tips and options available that can help you, as a first-time buyer, get onto the property ladder. Save for a deposit: The larger the deposit … Read more