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 [...]
GROUNDING PROTECTION IN REALITY Protection insurance has a very real impact on people’s lives, providing a sense of normality in the most trying circumstances. Too often, however, it can be seen as removed from reality. Fact or fiction? One in ten British adults has taken out or considered taking [...]
