HOW TO CUT THE BIGGEST BILL OF THEM ALL ... YOUR MORTGAGE - THE GUARDIAN As other costs spiral you can take action by asking for a payment holiday or to extend the loan term. Spiralling energy, food and petrol prices, amid warnings of a recession, mean most households [...]
FINANCIAL IMPACT OF CANCER IS £891 A MONTH 83% of people with cancer in the UK experience some kind of financial impact from their diagnosis, new research1 has found. At the most challenging times, critical illness cover can ease some of this financial burden. Cancer cost The research showed [...]
SHOULD YOU OPT FOR A TRACKER MORTGAGE? NARROWING RATES MAKE FIXED RATES MORE EXPENSIVE - YOUR MORTGAGE It is no longer a “no brainer” to go for a fixed rate mortgage with the price gap between variable and fixed deals becoming “more marked” than has been the case in [...]
COST OF LIVING: SEVEN STEPS TO HELP COMBAT RISING MORTGAGE RATES - ZOOPLA As the cost of borrowing increases, there are steps buyers and homeowners can take to help keep mortgage payments manageable. Key takeaways Opting for a longer mortgage term can help to keep your monthly outgoings low [...]
MORTGAGES FOR FIRST TIME BUYERS; A GUIDE TO BUYING PROPERTY AMID RISING INTEREST RATES - YAHOO! FINANCE Amid record-high inflation and escalating costs of living, the Bank of England raised interest rates again last week. Rates have edged up six times since December from a historic low of 0.1 [...]
FIRST-TIME BUYERS: HOW TO GET THE BEST DEAL ON A 90% OR 95% MORTGAGE - WHICH? Rates on low-deposit mortgages creep up after the base rate hikes. Rates on 90% and 95% mortgages are continuing to rise, after a sixth increase in the Bank of England's base rate. First-time [...]
MORTGAGES; YOUR OPTIONS IF YOU WANT TO SWITCH DEALS OR ARE A FIRST TIME BUYER - THE GUARDIAN The lowdown for different categories of borrower as interest rates continue to rise. Rates on new mortgages are continuing to climb, leaving millions of people in the UK – from those [...]
MORTGAGE BORROWERS URGED TO 'MOVE SWIFTLY' TO SECURE A DEAL - YOUR MORTGAGE People considering a new mortgage "may wish to move swiftly" as product numbers and typical shelf life fall while rates are on the rise. Mortgage products now have an average shelf life of 17 days, down [...]
OVER 600,000 PAYING MORTGAGE LOYALTY PENALTY - YOUR MONEY Around 630,000 mortgage borrowers are paying a loyalty penalty, adding an average £1,000 to annual bills. Analysis of 165,000 budgets of people who approached Citizens Advice for debt help revealed 8% of people, or 11% of fixed rate mortgage customers, [...]
BANK OF ENGLAND DROPS MORTGAGE AFFORDABILITY TEST - WHAT THIS MEANS FOR YOU - IDEAL HOME The Bank of England's decision to take away the mortgage affordability test comes into effect today (Monday, August 1st). While this removes one barrier for prospective homebuyers and spells good news for the [...]
