In a recent survey,1 41% of respondents agreed with the statement, ‘I cannot afford to live in the area I want or need to live in.’ Are buyers being priced out? Here or there? The results of the survey showed just how many renters and homeowners are unhappy with their...
Some 715,000 mortgage holders on tracker rates have seen payments rise by an average of £588 a year following the latest Bank Rate rise1. A further 895,000 on standard variable rates (SVR) will see yearly increases of £370. Monthly rise The Bank of England (BoE)’s...
One in five workers would rely on their partner’s income or savings if they were unable to work, according to a recent report1 that paints a worrying picture of the nation’s financial resilience. More than one in 10, meanwhile, would resort to taking on debt to cope,...
Rising rates dominated the news around housing and mortgage markets throughout 2022, setting the tone for an expected market downturn in 2023. After the latest Bank Rate rise in February increased repayments for those on variable rates, how will the mortgage and...
The cost-of-living crisis is taking its toll and many UK consumers are looking to reduce their outgoings. Before you consider cancelling your protection policy speak to me first. If affordability is a concern, you could reduce the amount of cover or remove additional...