What are the benefits of a life insurance policy? There are several major benefits of having a life insurance policy, which includes giving your family a much-needed financial buffer should the worst happen. We look at the main advantages of life cover and why it’s important to update your policy after major life changes. What are the advantages of life
Summer Update: Housing market news In our summer update, we bring you housing market news, property sales and mortgage insights for home movers and first-time buyers. Property sales and house prices House price growth has remained stable. Earlier this year, the average UK house price rose by 0.4% with annual growth at 3.9%. This steady increase is likely to be
Guide for First-Time Buyers When you’re looking to buy your first home, it can be daunting and overwhelming. There are various factors to consider, from how to choose a mortgage to Stamp Duty tax relief and practical matters too. In this blog, we share a guide for first-time buyers to help you make more informed decisions about your property purchase.
Should you fix your mortgage now? The recent cut in interest rates from 4.5% to 4.25% is welcome news for many homeowners. If you’re wondering whether you should fix your mortgage, then it’s worth exploring your options. Over recent weeks, most mortgage lenders have been steadily lowering their rates to around 4%. Fixed Rate mortgages can be cheaper in the
Should you pay off your mortgage or buy a second property? Last autumn, the UK’s first female Chancellor, Rachel Reeves, delivered the first Labour budget for 14 years, aiming to raise £40 bn in taxes. For homeowners, there were various changes which could affect whether you decide to pay off your mortgage or buy a second property. We look at
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
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.
