Equity Release Reaches New High

The amount of people opting to release equity from their home, rather than downsize or relocate, reached a record high in the second quarter of 2017, with over-55s withdrawing more than £700m from their homes. That is a 36% increase on a year ago and they highest...

Inflation ‘Blip’ Triggers Mortgage Deals

The unexpected fall in the latest inflation figures seems to have seen off any imminent threat of an interest rate rise in the UK, however, some Economists see this data as a blip, meaning those looking to grab one of the currently available low rate mortgage or...

Rate Caution After Dip In UK Inflation

They suggest that The Bank of England (BoE) is in an anomalous position… “ The US Federal Reserve and European Central Bank are gearing up for ‘normalisation’ of monetary policy in the absence of inflationary pressure, whilst policymakers at the BoE must decide how...

Good Advice Certainly Pays Off

Research released this week shows that people who receive either independent or restricted financial advice are, on average, £40,000 better off than their unadvised peers. The data, which is supported by Royal London, found those who received financial advice...

Life Expectancy Rate Falls In The UK

  After more than 100 years’ growth in life expectancy levels in the UK, experts have claimed there has been a sharp dip in recent years. Lifestyle choices, as well as an increase in Alzheimer’s diagnosis, are contributory factors it is claimed. The increase rate...

Mortgage Availability Expected To Reduce

  Lenders expect a slight reduction in mortgage availability over the next three months, the Bank of England said today. This is expected to affect only borrowers with loan to value (LTV) ratios of more than 75%, and in particular those with a LTV ratio of more...
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