What’s the difference between financial advisers that are tied, use a panel and are whole of market? Find out below, in this article on equity release and things you should be aware of. What is a ‘tied’ financial adviser? A ‘tied’ financial adviser is advising directly to one specific lending company, and they are restricted …
Financial Planning
A Quick Guide To Interest Only And Repayment Mortgages
Taking out a mortgage is a big decision, especially when there are more than one type to choose from, so understanding the difference between them is crucial. Read on to learn the main differences between an interest only and a repayment mortgage. …
Can You Get Equity Release On A Partial or Fully Repaid Mortgage?
Paid or part paid off your mortgage? Good news: it is possible to get equity release. In this article, we’ll explain how equity release works on a fully or part paid up mortgage. …
What Does Retirement Look Like Now Vs 50 Years Ago
Over the past 50 years, the retirement and living landscape in the UK has seen significant changes. Single-person households have doubled, contributing to increased loneliness. Life expectancy has risen, with adjustments in retirement age and pensions. Retired households have higher incomes, whilst the cost of living has increased substantially. Modern comforts like central heating and …
Tips for clearing your debts in retirement
Looking for ways to reduce your debts and live more freely each month? With constant bad news coming from the financial sector, it can be hard to work out ways to reduce your monthly outgoings so you can spend your money on the things you love. From understanding your finances, to looking into plans for …
What kind of mortgages are best for 2023 and beyond?
If you are coming to the end of a fixed term mortgage, are a first-time buyer looking to get onto the property ladder, or you’re approaching retirement and looking to reduce the amount you pay per month, you’re probably wondering what kind of mortgage to opt for and how you can get the best deal. …
How are mortgages and inflation connected?
The news is full of stories about inflation, interest rates, mortgages and the cost of living. These terms are all connected in their own ways, but it can be hard to understand how they affect each other when it comes to you and your individual circumstances. In this article, we look at how mortgages and …
A guide to interest-only mortgages
An interest-only mortgage can be an attractive option for homeowners looking to reduce financial pressure felt under the weight of the current mortgage landscape. If you are looking for information on how interest-only mortgages work and why it could be beneficial to you, we’ve compiled a list of some of the key questions to be …
How can you avoid repossession?
With the mortgage landscape continuing to change as a result of interest rates increasing month by month, repossessions are also on the rise. If you are worried about your house being repossessed, we’ve compiled a list of key questions and answers that might help you understand what can be done to combat this issue. …
The lowdown on the latest interest rate increase
With news of interest rates increasing yet again, many are wondering just how high they could go and what effect these rises will have on their quality of life. In this piece, we look at some of the facts surrounding interest rate increases, and what we can expect from the next couple of months. …