Soulla Christodoulou had been on an interest-only mortgage since 2009 when she and her husband got divorced and she was unable to pay the full repayment mortgage on her own. She had gone to her broker with her concerns, however, they told her there was nothing they could do. She was looking at a rate of […]
The Government need to take action on the triple lock as state pension increases will soon be unaffordable, an expert has warned. In the Autumn Statement, Chancellor Jeremy Hunt confirmed the policy would be retained for next year’s increase, providing an 8.5 percent payment increase next April. Mark Pemberthy, benefits consulting leader at Buck, told […]
Santeder has issued an urgent scam warning after many people fell victim to impersonation scams after Christmas Day 2022. Scammers are preying on the emotions of parents, and the festive season in a bid to steal people’s hard-earned cash. On Boxing Day, claims were made for various purchases including cars and game consoles, as well […]
Metro Bank is currently offering the top-paying instant access account with its Instant Access Savings Account – but savers need to act quickly. Savers can get a higher rate of 5.22 percent AER but this is only available for a limited time. A person has to deposit at least £500 within 28 calendar days of […]
After conducting some research on the Government, one woman wondered if she would be able to inherit her partner’s state pension. The 69-year-old woman has been living with her partner for 30 years and has already started collecting her own state pension. As her husband turned 65, she wondered whether she could inherit his state […]
The British economy will be the best performing major economy in Europe by 2038, a new long range forecast shows. The Centre for Economics and Business Research (CEBR) predicted GDP growth in Britain will settle between 1.6 percent and 1.8 percent over the period to 2038. Britain will also retain its position as the world’s […]
With a staggering 59 percent increase in search trends for ‘retirement planning’ this December, it’s clear that individuals are actively seeking guidance to ensure a secure and fulfilling retirement. Deciding when to take retirement is not an easy decision as it requires a significant amount of strategic and financial planning to ensure a smooth […]
A dad has spoken about how he is using a cashback app to reduce his mortgage term and save thousands of pounds. Ed Evans, 37, uses the Shop with Sprive app to get cashback from his big shop at Asda, which he uses to overpay his mortgage. He and his partner, Jade, are set to […]
Pledging to axe the hated “death tax” has won voters over before, so maybe it’ll work this time, too. We’ll found out at some point in 2024, probably the autumn. But will Prime Minister Rishi Sunak and Chancellor Jeremy Hunt really take the plunge and will it be as popular as they hope? Those with […]
The future of the triple lock has been called into question as an expert reveals each of the three metrics that form the policy can cause issues. The triple lock guarantees the state pension increases with the highest of the rate of inflation, average earnings or 2.5 percent. Retirement specialist Gary Smith, from Evelyn Partners, […]
