Keep calm and carry on: the true value of financial advice
Posted by siteadmin on Thursday 7th of November 2024
There’s a lot to think about when managing your finances. It’s a complex subject and misinterpretation can be costly. Even a minor adjustment could have significant impacts on your long-term plans.
That’s where financial advisers come in. It’s their job to break down complex changes and explain how they affect your specific circumstances. They can help you avoid pitfalls and optimise your financial plan to achieve the outcomes you want.
Day-to-day financial advice for everyone
Most people think about getting advice when they have a specif...
Autumn Budget 2024 - Highlights
Posted by siteadmin on Thursday 31st of October 2024
Here is a summary of the main announcements and new measures announced today by the Chancellor.
30 Oct 2024
On 30 October 2024, Chancellor of the Exchequer Rachel Reeves unveiled the Government’s fiscal plans to raise up to £40bn for public finances over the next five years.
The measures aim to “restore economic stability” and put “more pounds in people’s pockets”, according to the Chancellor, who added that she believed the only way to drive economic growth is to “invest, invest, invest”.
We’ve created a range of resources for you ...
The essentials you need to know about credit checks before borrowing money
Posted by siteadmin on Thursday 10th of October 2024
The information a lender finds during a credit check is important – it could affect whether you’re able to borrow money, including through a mortgage, and the interest rate you’re offered. Yet, they can also seem perplexing.
Indeed, a Royal London survey found that a third of Brits had never looked at their credit report.
The good news is that we can help you cut through the jargon, so you feel more confident next time you apply for a loan.
Lenders usually carry out a credit check to assess how much risk you pose
Lenders carry out a cr...
I'm over 50 and want to apply for a mortgage
Posted by siteadmin on Thursday 3rd of October 2024
Getting a mortgage in your 50s and beyond used to be a challenge, but things have changed! Nowadays, mortgage lenders are more willing to help older applicants buy homes or refinance. So, if you're thinking about getting a mortgage later in life, here's what you need to know.
Age limits and what lenders look for
Let's start with age limits. Lenders usually have their own rules about how old you can be when your mortgage needs to be repaid. It varies, but usually, you'll see age limits ranging from 70 to 85 years old, sometimes even up to...
Worried a “credit blip” will stop you getting a mortgage?
Posted by siteadmin on Thursday 26th of September 2024
The cost-of-living crisis and inflationary pressures has put pressure on people’s finances and made it harder for people to get on the housing ladder due to affordability constraints and more people having a less than perfect credit history.
How important is your credit history for mortgage lenders?
Looking into your credit history is one of the ways in which a mortgage lender will gain information on how reliable you have been at paying back debts and loans in the past. A mortgage lender needs to be confident that you’ll be able to keep...