Relevant Life Insurance is a type of life insurance that is owned and paid for by a business. It provides funds to the business owner’s family in the event of premature death. Relevant Life Insurance can also be beneficial to high earning employees who are looking to avoid their death-in-service benefits becoming part of […]
What is a Relevant Life Policy and why do you need one? Read More »
A recent study carried out by MoneySuperMarket estimated that 800,000 people are currently spending more on their mortgage than necessary. The regulator estimated that they could be making an average annual saving of £1,000. WHY ARE PEOPLE OVERPAYING ON THEIR MORTGAGES? The study also found that three in five people are not sure
Using an Equity Release scheme to release capital from your home is a good way for those over 55 to add to their retirement pot. This could be the extra support needed if living alone. Could Equity Release increase your pension pot. Data published recently revealed the number of single over-65s living alone
How could equity release benefit retirees living alone? Read More »
Financial worries can be a primary cause of stress for many employees. Money worries don’t just affect an individual’s financial health, their physical and mental well-being can also be negatively impacted. Subsequently, employees worrying about their finances can have a negative effect on the businesses they work for. Things like lower productivity, higher absenteeism
How can you help your employees with their financial worries? Read More »
Defaqto is a service that compares financial products. Defaqto Ratings are ratings based on facts rather than opinions. Ratings are given to products based on the features and benefits they offer. When you’re shopping for life cover, critical illness protection and income protection, you want to know you’re getting the best deal possible with
What are Defacqto ratings and how can they help you? Read More »
Did you know that eight out of ten mortgage holders have no income protection at all? That is a shocking statistic, but the question is why? According to the latest State of the Protection Nation report from Royal London, 42 percent of people with a mortgage have no life cover in place. To
Are you taking a risk by not having income protection? Read More »
A house in multiple occupation (HMO) is a property rented out by at least 3 people who are not from 1 ‘household’ (for example a family) but share facilities like the bathroom and kitchen. It’s sometimes called a ‘house share’. BVA BDRC’s latest survey suggests the average yield for an HMO (house in multiple
What you need to know about converting your property into an HMO Read More »
If you are thinking about purchasing or borrowing against, a Buy To Let property, it may be in your interest to learn more about your Buy To Let equity release options. Buy To Let Equity Release schemes have been put in place for landlords who are looking to extend their Buy To Let investments,
Can I use a lifetime mortgage to release equity from my buy to let property? Read More »
Getting a Buy To Let mortgage as an older borrower can be more difficult but it’s definitely not impossible. There are a number of influencing factors and different lenders will have their own criteria that need to be met but we are here to help you. Find the right mortgage deal for you.
When you take out a mortgage there are two ways of repaying it. You can either go for an interest-only mortgage or a repayment mortgage. But what’s the difference? REPAYMENT MORTGAGE: A repayment mortgage is when each month you pay back both the interest on your loan AND part of the loan
Why is interest only better than a repayment mortgage for Buy To Let mortgages? Read More »