Does the Budget signal an end to austerity?

Philip Hammond used his Autumn Budget Statement to declare: “the era of austerity is finally coming to an end”. However, while the Chancellor did certainly loosen the purse strings, his bold pronouncement may be a little premature. Mr Hammond’s budget speech delivered on 29 October was designed to change the government’s tone with regards to … Continue reading “Does the Budget signal an end to austerity?”

Homeowners would rather improve than move

New evidence suggests that, in England and Wales, many more of us are putting down roots and choosing to stay in our current homes for longer. It used to be that homeowners moved four times after their first purchase but now it is closer to two.  Research1 carried out by Queen’s University Belfast points to … Continue reading “Homeowners would rather improve than move”

Don’t underestimate the value of insurance

Insurance policies are designed to provide financial safeguards and valuable peace of mind. If you’re a homeowner then it makes sense to have plans in place that protect you, your family and your home. LIFE INSURANCE TAILORED TO YOUR NEEDS There are various plans designed to protect you and your family: Life policies – these … Continue reading “Don’t underestimate the value of insurance”

Preparation is key to stress free home buying

A recent industry survey1 showed that 41% of people feel stressed by the mortgage process, taking the fun out of looking for a new home.  Although applying for a mortgage can involve alot  of paperwork, and the new affordability rules introduced by the industry regulator in 2014  mean borrowers face many more detailed questions before … Continue reading “Preparation is key to stress free home buying”

Death in Service vs life insurance: which is better?

Your employer may offer you a benefit known as ‘death in service’, which would pay out to your loved ones if you were to die while employed there. But how does this differ from ordinary life insurance – and is it a substitute? Employee benefits can be a big factor in choosing which company to … Continue reading “Death in Service vs life insurance: which is better?”

Looking for a mortgage in later life

With people getting on to the property ladder at all stages in life, a growing number are looking for mortgage finance in their 50s and beyond.  This has created demand for greater flexibility, and lenders are now beginning to address the needs of this age group. THE OLDER BORROWER Following the Mortgage Market Review in … Continue reading “Looking for a mortgage in later life”

Sun, sea… and the threat of a holiday nightmare

British holidaymakers will fork out an average of £1,500 on holidays this year but nearly half (49%) risk losing it all by failing to protect their travel plans when they book, new research1 from Aviva shows. With the summer holiday season in full swing, 26 million Brits (49%) will not buy travel insurance when they … Continue reading “Sun, sea… and the threat of a holiday nightmare”

Early Retirement? It may soon be a thing of the past!

According to analysis by Aviva1, the number of people retiring before they reach age 65 is set to continue decreasing rapidly. The insurer calculates that by 2035 almost no one will be able to afford to retire early. Higher life expectancy, the demise of final salary pensions and a rising state pension age are contributing … Continue reading “Early Retirement? It may soon be a thing of the past!”