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 […]
For many people in the UK, the decision to take the plunge and invest in owning property versus renting marks a significant milestone in their lives. Embarking on this journey can be complex and riddled with questions. However, with a little due diligence and the right help, it is possible to forge forwards confidently and […]
Notable shifts in mortgage lending in the UK are poised to impact the real estate market in 2024. As we anticipate a return to pre-Covid lending levels, understanding these changes is crucial for anyone looking to purchase property and with the help of this comprehensive overview, we’ll explore what lies ahead. Current trends and predictions […]
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 […]
Like many of life’s big milestone moments, deciding to go ahead and buy a house can be exciting and nerve-wracking. Knowing when is the best time to buy is also tricky. If we lived in a perfect world, you’d time your purchase perfectly when property prices and mortgage rates were at their lowest. However, predicting […]
If you decide to buy a house, it is a huge investment and requires careful consideration, especially, when interest rates are on the rise. From finding the perfect property to choosing which mortgage is right for you and the application process, not to mention increasing inflation and the cost of living, you might be wondering […]
It’s downright dizzying in these complex times, even when making relatively small choices like where to plan your next weekend trip or even important ones like making time to update your insurance provider. Never mind the mammoth task of deciding which mortgage is right for you. You might be a first-time buyer scouting the market […]
You may have noticed some interesting developments if you’ve been closely monitoring the UK mortgage rates. Even though the Bank of England has recently increased rates, the average mortgage rates have been steadily declining. Looking back to December 2021, mortgage rates climbed significantly when the Bank of England began to raise the base rate to […]
In an effort to quell concerns over rising inflation and anxiety over high-interest rates, there is a new commitment in place to support borrowers and their households. The Mortgage Charter is the outcome of meetings led by Chancellor Jeremy Hunt, together with the primary lenders and the Financial Conduct Authority (FCA). The charter is aimed […]
The last few years have been incredibly rocky, financial-wise, with pandemics, stock markets on the rise, and the cost of living crisis. So it is easy to imagine that many households don’t feel as financially fit going into 2023 as they might have felt in previous years. But that isn’t to say it is all […]
