Little things that can make a big difference
Posted by siteadmin on Wednesday 6th of September 2023
Healthy benefits included for you and your family?
Now those are some little things that can make a big difference.
Protection policies aren’t just there for when things go wrong. Many protection insurers include access to a range of health and wellbeing support services – and you don’t need to claim to be able to use them.
These services can make everyday life that little bit easier. From knowing you can have immediate professional support if your child falls ill, to having the tools to keep tabs on your health, these ...
Busting remortgaging myths:
Posted by siteadmin on Wednesday 24th of May 2023
Busting remortgaging myths.
Your circumstances have changed – will you be able to remortgage?
We all know life doesn’t stay the same. Our jobs, our relationships, our financial circumstances, they all evolve over time. So if our lives are constantly changing, why should our mortgage stay the same?
Your life may have completely altered since you last remortgaged. You might be earning more or less than before, earning from multiple sources, or become self-employed. You might even be looking to climb onto the property ladder as a fir...
It’s not all fixed rates
Posted by siteadmin on Thursday 27th of April 2023
It’s not all fixed rates
With over 10 years of record low interest rates, fixed rate mortgages offer borrowers the stability of knowing what the mortgage payment will be for a set period, which helps with budgeting.
Because of the way many lenders decide what rates to offer, we’re currently seeing tracker products priced a lot more competitively than fixed rate products.
Unlike a fixed rate, the monthly payment of a tracker mortgage fluctuates and the rate charged on the mortgage ‘tracks’ the Bank Rate usually for a set period. Whilst ...
What are value-added services?
Posted by siteadmin on Thursday 1st of December 2022
Value-added services are benefits included in an insurance policy that you might not be aware of – but could help improve your overall health and wellbeing.
When you take out an insurance plan like life insurance, critical illness, or income protection, you get the financial protection in the form of a payout, but there are also other services available to you as parts of those plans.
These ‘value-added services’ or ‘wellbeing services’ are designed to provide customers with a range of emotional and practical support services throughout th...
How does a Re-Mortgage work?
Posted by siteadmin on Wednesday 28th of September 2022
How does a remortgage work?
A remortgage is the process of moving your home’s existing mortgage to one with a new lender. Remortgaging could help you save money if you weigh up the fees involved with the savings you could make. Here’s how it works.
People remortgage for many different reasons, including:
- Finding a better deal elsewhere – you might be on a standard variable rate (SVR) and want to move to a fixed-term rate.
- Coming to the end of a fixed-term deal on your current mortgage and wanting to lock in a lower rate with a ne...
First time buyers guide to saving for a deposit
Posted by siteadmin on Wednesday 27th of July 2022
First time buyers guide to saving for a deposit
When preparing to buy your first home, saving for a deposit can be a difficult process. As house prices, inflation, cost of living and mortgage rates increase, it can mean that some mortgage lenders may require larger deposits of the property value. This can be challenging trying to save a large sum of money and for some within a limited time. According to the Office for National Statistics, the average UK house price was £277,000 in February 2022, which is £27,000 higher than this time ...
Spring Clean Your Finances
Posted by siteadmin on Monday 4th of April 2022
Spring Clean Your Finances
There’s plenty of advice and ‘life hacks’ on how to make spring-cleaning less of a chore. A quick Google search will throw up hundreds of random tips – like using cola to clean the toilet, lemon to clean the taps and vinegar to clean just about anything!
When you’ve finished scrubbing your worktops with baking soda and polishing your windows with newspapers, why not try spring-cleaning your finances? Here are some handy hints to get you started:
Throw away unnecessary spending habits
Look at your bank sta...
Get the best out of your BTL mortgage
Posted by siteadmin on Wednesday 6th of October 2021
Many fixed mortgage deals will be approaching the end of their term this October, so it’s a good idea to review your buy-to-let mortgage.
With interest rates still at low levels and demand for rental properties increasing around the country, investing in a buy-to-let (BTL) is a popular choice for many.
Buy to let basics
A BTL mortgage is a specific type of product for those who want to buy a property with the intention of renting it. Because of this, there are different terms and rules around a BTL mortgage (compared to a regular mortgage f...
Turning 'Generation Rent' into 'Generation Buy'
Posted by siteadmin on Wednesday 30th of June 2021
Turning ‘generation rent’ into ‘generation buy’ - The New 95% mortgage scheme is helping first-time buyers
Lenders are now offering a government-backed 95% mortgage scheme to help more first-time buyers onto the property ladder.
The government is hoping to turn ‘generation rent’ into ‘generation buy’ with the help of a 5% mortgage deposit scheme launched on 19 April.
Following the outbreak of the coronavirus pandemic, many lenders withdrew low-deposit mortgages. In just under a year, the number of 95% mortgages available to first-tim...
The Perks of Protection
Posted by siteadmin on Thursday 20th of May 2021
The perks of protection
As well as peace of mind, many insurance providers offer additional benefits that you may not know about.
Whether we’re crossing the road or getting on a plane, we encounter risks every day. For many of us, life has felt more uncertain than ever over the past year as we continue to deal with the coronavirus pandemic. Although we can’t always control what’s happening in our lives, we can plan for the unexpected.
By taking out a protection policy, you can safeguard your family’s finances if your situation chang...
