Owners of electrical vehicles (EVs) are advised to check their motor and home insurance policies as they could fall into the double insurance trap. An increasing number of motor insurers are providing cover for EV cables. While this is promising, it could cross over...
A new Learning and Work Institute report suggests just 1% of UK workers looking to return to work after poor health manage to find a job within six months, even though 20% of those considered to be ‘economically inactive’ want to work. According to the report, a...
The housing market continues to show signs of recovery as house price growth remains relatively stable*. In February, the average UK house price rose by 0.4% – the sixth consecutive monthly increase. Meanwhile, annual growth was at 3.9% – only marginally...
The UK mortgage market bounced back strongly at the end of 2024, driven by first-time buyers and home movers, according to UK Finance. First-time buyer mortgages rose 16.4% to 334,000 last year, while home movers increased by 14.7% to 288,000. Total home purchases...
Are you considering making mortgage overpayments? Here’s what to consider. If you can afford it, there are many advantages to overpaying your mortgage, such as: – Becoming a step closer to being mortgage-free – Reducing the amount of interest you owe...
House prices returned to growth in 2024, as half of the UK’s housing stock increased in value by an average of £7,600*. Last year, 15 million homes in the UK rose in price by at least 1%, with 6.9 million increasing by £10,000 or more. Nearly six million homes stayed...
