Taking out a mortgage is something thousands of us do every year, and yet misinformation about the mortgage process – and particularly deposits – is rife. So, here are a couple of deposit myths you shouldn’t believe: You need a huge deposit to be approved Many people believe you’ll only get approved for a mortgage […]
Author archives: ruby
Long COVID – a problem for your pension pot?
The pandemic has affected almost everyone in numerous different ways, whether that is financially, medically, or socially; its death toll has been appalling and overshadows everything. Fortunately, the vast majority have come through the pandemic, but the speed of recovery has been variable. Medically, many patients have recovered well, but some have prolonged symptoms which […]
Highest ever number of equity release products available
Equity release has become an increasingly popular option for many people, with a record number of products now available on the market. With over 500 equity release options available to consumers1, rates have also dropped by an average of 2% in the past five years. The maximum loan to value (LTV) has held steady over […]
Your personal goals matter more than Keeping up with the Joneses
Did you know that this expression about the envy of others dates all the way back to 1913, when a New York Globe comic strip ‘Keeping Up With the Joneses’ first appeared and created an enduring, meaningful expression? Even further back, envy was evident in biblical times; the Tenth Commandment is proof of that – […]
Economic Review – August 2021
Strong second quarter growth The latest gross domestic product (GDP) figures showed that the UK economy grew strongly in the second quarter, although more recent survey evidence does suggest the recovery is losing momentum. Data published by the Office for National Statistics (ONS) revealed the economy grew by 4.8% in the second quarter of this […]