Regularly review your mortgage
It’s important to regularly review your mortgage. If necessary, you may want to transfer to a new deal or a different lender when you come to the end of a fixed rate. If you’re worried about your options when you come to the end of your deal, talk to us. We can help by looking […]
The value of an offset mortgage
Taking out an offset mortgage enables you to use your savings to reduce your mortgage balance and the interest you pay on it. Offset mortgages can help you save money over the course of your deal as there’s less interest to pay over the longer term. Interest rates on offset products can be higher than […]
Use your ISA Allowances 2022-2023
Are you making the most of your ISAs? You are unable to carry any unused allowances over into the 2023-2024 tax year. If you are unsure on what ISAs are available to you and what they could do for you and your money, here’s how you can make the most of them. ISA An ISA […]
The benefits of making overpayments on your mortgage
Hardly a day goes by without the cost of living hitting the headlines. For many homeowners the increasing costs of owning and running a home is having a huge impact on household budgets. For those borrowers with a fixed rate mortgage, the recent increase in mortgage interest rates may not have an immediate impact. However, […]
It’s not all fixed rates
With over 10 years of record low interest rates, fixed rate mortgages offer borrowers the stability of knowing what the mortgage payment will be for a set period, which helps with budgeting. Because of the way many lenders decide what rates to offer, we’re currently seeing tracker products priced a lot more competitively than fixed […]
Key Dates For Your Finances 2023
As we say goodbye to 2022 and welcome 2023, now’s the perfect time to make sure you’re fully prepared for the financial year ahead. To make it easy, we’ve summarised the key financial dates to put in your diaries: January 31st – Self-Assessment Tax Deadline – You need to pay and submit your self-assessment tax return for the […]
Autumn Statement 2022
After several months of economic and political uncertainty the new chancellor, Jeremy Hunt, has delivered his autumn statement. With announcements relating to energy bills, Income Tax, the State Pension, tax allowances, and Stamp Duty, there are plenty of ways your finances could be affected in 2023 and beyond. Here are the key points of the […]
Remortgaging
Could remortgaging help you beat the cost-of-living crisis? Practically every penny of Mike’s monthly salary is accounted for so, as the cost-of-living crisis starts to bite, he’s worried about making ends meet. He’s started shopping around for cheaper deals on his broadband, mobile-phone contract, and car insurance. And, he’s also cancelled his gym membership and […]
How might rising interest rates affect your mortgage?
The Bank of England has raised interest rates and warned further hikes are likely in the coming months. This means bigger bills for some homeowners. On 3 November 2022, the Bank of England raised interest rates from 2.25% to 3%. It’s the eighth hike since December 2021 – in a bid to combat soaring inflation. […]
Growth Plan and Government U-turns
What the recent Growth Plan and Government U-turns mean for you and your finances. Now that the dust has started to settle, what do the recent announcements, and U-turns, mean for you and your finances? What is still happening The National Insurance contribution rate will fall from 6 November 2022. In April 2022, the National […]