Do You Need Income Protection for Your Mortgage? Income protection for mortgages offers financial security, but this type of policy can also be used to cover living costs too. If you are a homeowner with a mortgage, it’s more important than ever to ensure you can make your monthly repayments. If you were to fall ill or become injured, then
Do you have the right mortgage deal? Are you sure that you have the right mortgage deal for your current situation? When did you last check your mortgage? Despite a recent fall in the base interest rate, mortgage rates are still relatively high compared to recent years. If you have a standard variable rate (SVR) mortgage, you may be feeling
What happens if you don’t have insurance? According to a recent survey, 28% of young adults with a mortgage do not have life cover. So, why is this a problem and what happens if you don’t have insurance? We explain the consequences of not having different forms of protection for you and your loved ones. No insurance leaves loved ones
How Does Income Protection Insurance Work? According to the Building Societies Association, it’s the most expensive time to be a first-time buyer in over 70 years. There are many things to consider when you buy your first home, including government schemes to help first-time buyers get onto the property ladder. In this blog, we look at the latest legislation relating
How Does Income Protection Insurance Work? There are various insurance policies that could be used to protect your income in different circumstances. However, income protection is a specific policy that provides you with a level of income when you need it the most. So, how does income protection insurance work? In 2023, the number of individual protection policies bought reduced
Do you need insurance for illness cover? As nobody can predict the future, you can never be sure that you or your family won’t experience a serious illness or injury. Insurance for illness cover provides you with an important financial buffer should you fall ill and find that you are unable to work. We look at how this insurance works
Are you coming to the end of your mortgage term? The recent fall in interest rates is good news for many homeowners. However, if you are coming to the end of your mortgage term, then it’s still worth exploring your options. Compared to the past decade, mortgage rates are still relatively high, so you won’t want to get stuck on
Why you shouldn’t cancel your insurance Although it might feel tempting to cut costs, there are many reasons why you shouldn’t cancel your insurance policies. In uncertain economic times, it’s more important than ever to have the appropriate cover in place. This can also ensure that you don’t pay a bigger price later down the line. The right approach is
Should you consider remortgaging your home? Whether it’s debt consolidation or to free up some cash, there are various reasons why people consider remortgaging their home. Although mortgage affordability has improved over the past year, many people are still paying high levels of interest on their mortgage. In some cases, remortgaging could enable you to find a more suitable deal
Looking for a mortgage for a new home? Home movers needing a mortgage for a new home might be wondering what the property market has in store for the rest of 2024. Last year there was a great deal of turbulence when it came to mortgage rates. Mortgage affordability was low, but this did improve at the end of 2023.
