When you take out an insurance policy, you are usually in it for the long run. However, circumstances alter, and as a result, you can sometimes be in a situation where considering cancelling policies can cross your mind. For example, in times of economic change and stress, it has become common to cancel expenses you’d class as not required, such as memberships, subscriptions, beauty treatments and in some extreme cases, insurance policies.
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Property Investments: Limited company versus Personal Name
There was a time when personal investments were the go-to option for buy-to-let property purchases. However, since the UK government introduced legislative changes to Section 24, more and more property investors are now choosing SPV (special purchase vehicles) options in the form of limited companies.
Read more…The Cost of Mental Health in the UK
Undiagnosed, untreated, and unrecognised symptoms of depreciating mental health costs the global economy more per year than the GDP of a small to medium country. To put this into perspective, let’s look at a few statistics.
Read more…Personal Protection and Peace of Mind
When was the last time you checked your personal protection? Do you know what you are covered for and when you would be eligible to make a claim?
Read more…Get mortgage fit in 2021?
Millions of borrowers are likely to paying the lender’s default standard variable rate (SVR). Is this you? If so, now is the perfect time to consider a remortgage.
Read more…What is business protection?
The importance of business protection is often overlooked. It can help businesses continue to trade if an owner or key person within the business dies or becomes critically ill. The policy could help ensure that key people are replaced, the debt of the business is covered or shares from the deceased partner/director’s estate are purchased.
Business owners are quite often focused on the day to day running of the business and don’t always have the time to think about the what if’s.
Read more…Why should I get a mortgage agreement in principle?
There are various reasons why you should consider getting a mortgage agreement in principle, or sometimes referred to as a decision in principle.
Read more…A Christmas Message
2020 has certainly been a challenging year and I would like to thank all our staff who have done an incredible job since March. They have adapted to a variety of working conditions, remaining professional throughout, and have continued to deliver excellent customer service.
Read more…Should I put my life insurance in trust?
A trust is a legal entity and by placing a life policy in trust, it has many benefits. The proceeds of the life insurance policy will bypass the deceased’s estate and as such beneficiaries will receive the money quicker and without any inheritance tax implications. It also gives the policyholder greater control over who receives the assets.
Read more…Why use a mortgage broker?
You might ask what do they do that you can’t? Why should you pay for their services when you could do it yourself for free?
There are many costs when you move home or remortgage, a mortgage broker should be considered a part of the overall process. Don’t be put off by the fee and be tempted to go it alone.
Mortgage advice from a broker is an invaluable service.
Read more…How long are lenders taking to process mortgage applications?
Once your mortgage application has been submitted, the lender starts the assessment process. You will need to provide various documents and there may be several conversations and requests before you hear whether the application has been accepted. Your broker will be liaising with the underwriter at every stage and keep you updated of developments when they occur.
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