Investing for your children’s future

As parents to four children ranging in age from three to 12 years old, Rachel and Samantha were horrified to hear on the news that a quarter of 20-to-34 year olds still live at home with their parents. As much as they love their kids, the idea they might still be a permanent fixture around […]

Saving for a university education

Funding your child’s university education Sarah and Andrew’s 10-year-old twins, Isabelle and Isaac, couldn’t be more different. While Isabelle is boisterous and full of beans, Isaac is gentle and reserved. The children do have one thing in common though – they’re both extremely bright and they already know exactly what they want to do when […]

Budgeting tips for saving money while making your life better

Whether you want to go on holiday or just want to save some money for the future, budgeting is a good way to put aside some money for reaching this goal. Here you can find some tips to help you take control of your finances. Why is budgeting so important? You might think that it’s […]

What are value-added services?

Value-added services are benefits included in an insurance policy that you might not be aware of – but could help improve your overall health and wellbeing. When you take out an insurance plan like life insurance, critical illness, or income protection, you get the financial protection in the form of a payout, but there are […]

Holding steady through a sluggish forecast

Markets experienced some June gloom in the wake of further interest rate hikes and lower economic growth forecasts. Global growth is set to slow to 3% this year and 2.8% in 2023, according to the organisation for economic development (OECD). [1] The ongoing war in Ukraine has added to the slowdown, along with high inflation […]

10 ways to reduce your tax bill

Being tax smart means knowing the basics about how tax affects your life and money. Here are 10 ways to reduce your tax bill, which could make your money go further for you and your loved ones. Personal savings allowance You’re entitled to receive some interest on your savings tax-free every year, depending on your […]

How to protect your business

What is business protection insurance and how does it work? Find out why it could be right for your business. If you own or run a small business, protecting it is always a priority, especially if something were to happen to a key member, which could affect the financial health of the company. In this […]

How does a remortgage work?

A remortgage is the process of moving your home’s existing mortgage to one with a new lender. Remortgaging could help you save money if you weigh up the fees involved with the savings you could make. Here’s how it works. People remortgage for many different reasons, including: Finding a better deal elsewhere – you might […]

Seeking investment talent

We explore how Omnis appoints third-party managers to run funds to provide access the best investment talent in the market. Omnis Investments (Omnis) offers clients of The Openwork Partnership and 2plan Wealth Management a range of 26 funds. They appoint third-party investment managers, allowing investors access to the best talent in the market. No matter […]

Pension Planning For The Self-Employed

There are 4.8 million self-employed people in the UK and only a third have any kind of pension arrangement. A shocking statistic when you consider that State support is shrinking and we’re all living longer. Of course, saving for a pension when you’re self-employed is not as straightforward as it is for an employed person, […]

Shareholder/Partnership Protection

If you have a partnership business or one with multiple business shareholders (e.g. a private Ltd Company), have you thought about what might happen if something happened to one of you? This is where a Shareholder or Partnership Assurance Protection plan can help. If a shareholder in your private Ltd company or partner in your […]

Investment Update – A difficult patch for the global economy

Financial markets were unsettled in May as the effects of the war in Ukraine along with concerns over inflation and growth dominated investor sentiment. The International Monetary Fund (IMF) cautioned global finance leaders to expect multiple inflationary shocks in 2022 as markets continued to be unsettled in May amid fears of an economic downturn and […]

Things to avoid when investing

To keep your investments from losing value or slowing the growth of your assets, avoid these common investing mistakes. There are more risks and opportunities than ever for investors to navigate in today’s rapidly evolving markets. Here are four approaches we believe every investor should follow. Don’t pile into cash – stay invested The biggest […]

How to make ISAs work for you

Make the most of your tax allowances by using the different types of ISAs that are available. Individual Savings Accounts (ISAs) were first introduced in 1999 and are a tax-free way to save into a cash savings or investment account. There lots of different types of ISA available, but the right one for you will […]

Autumn Budget 2021 Key Points

Chancellor Rishi Sunak used the Autumn Budget 2021 to invest taxpayer money in long-term plans he says will secure the economic future of the country. Everything from the NHS, schools, local transport and the culture and leisure sector appear set to benefit from the better-than-expected economic outlook from the Office for Budget Responsibility. But immediate […]

Get the best out of your BTL mortgage

Many fixed mortgage deals will be approaching the end of their term this October, so it’s a good idea to review your buy-to-let mortgage. With interest rates still at low levels and demand for rental properties increasing around the country, investing in a buy-to-let (BTL) is a popular choice for many. Buy to let basics […]

Can your pension sustain your retirement?

Working out how long your pension pot will need to last – as life expectancy rises – is worth thinking about sooner than later. The lockdown caused many people to reassess their lifestyles, which for some meant choosing early retirement. But what retirees have found is that pension pots are not matching the period of […]

Be wary of the crypto-craze

You might be thinking about whether to invest in crypto currencies. We explain why it may not be the right choice, and how to better approach your portfolio. This year has been eventful for bitcoin, with the cryptocurrency reaching a record high and then almost halving in value all in the space of six weeks. […]

Investments or savings? What’s the best way to safeguard your child’s financial future?

When you see your child dressed up for school for the first time, it’s a stark reminder how quickly time flies. It might feel like only yesterday you were bringing them home from hospital or struggling through their first tooth, but when they walk through the school gates with their backpack and shiny shoes, you […]

Unlocking the value in your home

The number of people using equity release schemes fell last year as older homeowners grew more cautious. Older homeowners seemed to be more reluctant to release cash from their homes in 2020, according to the Equity Release Council. Data from the trade body shows drawdowns from lifetime mortgages fell by 21% last year and 10% […]

Should we be concerned about rising inflation?

Most economists expect inflation to pick up over the next few months as lockdown restrictions ease and shops and restaurants reopen. But is this a cause for concern? As lockdown measures begin to lift, financial markets are making their adjustments in anticipation of a rise in inflation, with bond yields picking up (meaning prices have […]

Protect your possessions with accidental damage cover

Insurance claims for accidental damage increased over the past year as more people worked from home, so it’s a good time to check your own coverage. Figures from some of the country’s biggest insurance providers have shown a sharp rise in claims of accidental damage during the lockdown. With many millions now working from home, […]

What’s in a name?

We explore what makes an emerging market and why they can offer attractive investment opportunities. For example, South Korea is one of the world’s largest and wealthiest nations. Its GDP per capita – which measures economic output divided by total population – was $31,846 in 2019, outranking countries like Spain, which had a GDP per […]

Turning ‘generation rent’ into ‘generation buy’ – New 95% mortgage scheme to help first-time buyers

Lenders are now offering a government-backed 95% mortgage scheme to help more first-time buyers onto the property ladder. The government is hoping to turn ‘generation rent’ into ‘generation buy’ with the help of a 5% mortgage deposit scheme launched on 19 April. Following the outbreak of the coronavirus pandemic, many lenders withdrew low-deposit mortgages. In […]

How to plan for inheritance tax

Following the news that thousands more people are expected to pay the standard 40% inheritance tax this year because of the effects of the pandemic, we explore some of the ways to navigate the complexities of inheritance tax. The complex laws around inheritance tax (IHT) caught many people off guard during the Covid-19 pandemic. Along […]

Time to consolidate your pensions?

Employer pensions can accumulate as we change jobs, and it’s easy to lose track of how much each one contains. We explore what you need to know if you’re thinking about consolidating your pensions. When you leave a job, it’s easy to forget about the workplace pension you might have had there. With the average […]

Plan for what is difficult while it is easy – Sun Tzu

We all know we need to save for retirement, don’t we? But we also know it’s not always that easy to find the spare cash required to do so, especially amid a global pandemic. Research studies, though, typically show that many retirees wish they’d saved on a more consistent basis and managed to accumulate a […]

Do you know your State Pension age?

Did you know that the State Pension age (SPA) increased to 66 for both men and women in October 2020 and it’s set to rise further? Knowing your SPA, together with how much you can expect to receive, is an important part of your retirement plan that is often overlooked. Why do I have to […]

Are your kids worried about money?

Has the pandemic caused you to worry more than usual about your finances? Well, you’re not alone… With 47% of respondents to a global survey stating they are less well-off now compared to before the pandemic and 24% worried about job security, it’s clear that the virus is continuing to wreak havoc on our financial […]

How to unlock your superhero powers this Father’s Day

Father’s Day is a chance for fathers, dads, daddies, stepdads, and all the honorary dads out there to feel the love, especially after the year we have had. Father figures are often relied upon to protect the family and keep everyone safe from harm, and it isn’t always easy. Even dads are only human, after […]

Could you ‘nudge’ your way to a healthy retirement?

Nudge theory was popularized in 2008 by behavioural economist Richard Thaler and legal scholar Cass Sunstein. In simple terms it is about making it easier for people to make a certain decision that is ultimately in their own self-interest. Day-to-day In the short term there are some financial nudges you can do to apply nudge […]

Step into Spring and refresh your personal financial planning

As we slowly emerge blinking into the sunlight from winter, and, cautiously from lockdown (data permitting), there is a feeling of new beginnings all around. There’s lots of reasons to be hopeful, with light at the end of, for what has been for many, an exceptionally long tunnel. So, with spring burgeoning, harness that positive […]

Don’t underestimate the value of financial advice

Throughout our lives, it is highly likely we will need to take financial decisions that can have a major impact on our wealth, such as taking out the right pension plan, or investing wisely for the future. Over the years, research has produced some interesting findings that highlight the benefit of advice when taking major […]

Working from home: what options do homeowners have for improvements, and maintaining work/life balance

Are we working from home? Or living at work? With so many of us struggling to find the right balance, we took a look at how you can manage your working life, and set up your home to maximise productivity and relaxation.   A few weeks ago, we attended the Mortgage and Protection Roadshow. Typically […]

Be a Superhero! (And make sure that your loved ones are looked after this Mother’s Day)

Nowadays, more than ever, it is important to show our loved ones just how much we appreciate them. On Mother’s Day this year, as we reflect on the last 12 months, you may wish to show your appreciation and demonstrate your love and affection for your Mum, Grandma, Spouse, Sibling, or someone else dear to […]

Preparing emotionally for retirement

You’ve retired from work, you’ve waved a cheerful goodbye to your colleagues and you’re ready for the rest and relaxation you so rightly deserve. It’s exciting! For a couple of weeks. Then the doubt sets in. What will you do with your life, you might find yourself asking? How will you fill the long daytime […]

How do I prove my income for a mortgage?

With Covid-19 rules changing almost daily, extensions to furloughs and local and national lockdowns many are facing money worries this winter. If you’re trying to get a mortgage and want to push your property transaction through before the Stamp Duty holiday ends, how do you prove your income – especially if it has temporarily been […]

How to maximise your allowances to mitigate your tax before 5th April

Even if you’re on countdown waiting for lockdown restrictions to ease, there’s another deadline looming that should not be forgotten. The end of the current financial year on 5th April 2021 is approaching fast. Spend a little time now on an end of tax year action plan with a financial expert and you could save […]

Valentine’s Day Blog

14 reminders this Valentine’s Day to make sure your loved ones remain protected when your circumstances change Love is all around this Valentine’s Day and we’re here to remind you that it’s important to make sure your loved ones are always protected, year round. You’ll typically encounter opportunities and milestones throughout your life which will […]

Get to know your SVR

As a nation, we aren’t great with our financial acronyms and terminology. Life is busy and our heads are often full of important things to get done to make it through the week, without having to worry whether we know our LTV from our ERC! You’re certainly not alone if you’re feeling financially flustered. Recent […]

Do you have ‘cash in the attic’?

Wherever you go, you’d be hard pressed to find a house without at least a little bit of clutter. From the kids’ old teddies (well, they might want Ed the Ted for their own children, you see) to receipts from the 1980s (they might take it back after 40 years), attics and basements across the […]

Exchanging contracts? Get insured first

Purchasing a property can be a busy, stressful time and it can seem like there are a million things to remember. Some things however, are more important to remember than others – for example, getting the right insurance in place at the right time. Many people believe that they only need to take out buildings […]

20 Reasons to Find Your Dream Home in 2020

In 2020 we’ll have been in business for 20 years! To celebrate, each month we’re sharing 20 top tips about topics that are closest to our heart. Our aim is always to provide you with the best possible information so you can make informed financial decisions. This month we’re talking about how our home buying […]

Are you approaching retirement?

If you are nearing retirement, you may have been particularly worried about the impact of recent market volatility on your pension assets and perhaps you are reassessing your retirement plans. There are several things to consider if you are planning to retire, which will depend very much on your own circumstances. Since pensions freedoms were […]

20 Reasons to Renovate Rather Than Move in 2020

In 2020 we’ll have been in business for 20 years! To celebrate, each month we’re sharing 20 top tips about topics that are closest to our heart. Our aim is always to provide you with the best possible information so you can make informed financial decisions. This month we’re talking about why we believe it’s […]

Keep your pension planning on track

The coronavirus outbreak is having a widespread impact across all aspects of our financial life, with many people finding their income reduced. At times like this it can be challenging to stay focused. No matter what age you are, now is not the time to neglect your pension. Try your very best to keep your […]

Life Insurance – Mind the Gap

With policies like home insurance or car insurance, we’re all in the habit of reviewing our cover annually. With a life insurance policy potentially lasting for 20 or 30 years, it goes without saying that over that time, your lifestyle and therefore your cover requirements can change, sometimes substantially. Whenever you mark life’s important milestones, […]

Pension planning for the self-employed

There are 4.8 million self-employed people in the UK and only a third have any kind of pension arrangement. A shocking statistic when you consider that State support is shrinking and we’re all living longer. Saving for a pension when you’re self-employed is not as straightforward as it is for an employed person, who   might   […]

Spotlight on Enterprise Investment Schemes and Venture Capital Trusts

Complex tax-efficient investments such as Enterprise Investment Schemes (EIS) and Venture Capital Trusts (VCT) are a consideration for those who may be able to tolerate a high level of investment risk. EIS and VCT are investment vehicles which encourage investment in small, unquoted trading companies in their early stages, who are typically trying to raise […]

Home improvements to add value to your home

Evidence suggests that many more of us are putting down roots and choosing to stay in our current homes for longer. The average time a homeowner in the UK stays in their property is 21 years. This contrasts with the 1980’s, when a fast-rising property market encouraged a move every eight years on average. However, […]

20 Things You Need To Know About Business Protection

20 Things You Need To Know About Business Protection No-one wants to think about dying or becoming seriously ill. But the truth is, if you own or co-own a business and either you or one of your co-owners were to become seriously ill or die, it could lead to serious problems for the revenue and […]

What are millennials investing in?

It’s seems like every day you see another article in a newspaper about millennials ‘killing industries’ in recent times young people were said to have caused the demise of doorbells, napkins and even breakfast cereal. These tales of millennials bring the end to industries often go viral on social media and bring some interesting responses. […]

What is cashflow modelling?

“In this world nothing can be said to be certain, except death and taxes.” Financial planning is all about preparing for those things that may not be so certain (and taxes). Plans should be reviewed regularly so they adapt to changes in your circumstances and reflect developments in the wider economy and financial markets. Cashflow […]

What you need to know about self-build mortgages

If you’re thinking of building your own home, financing the project may be high on your list of priorities. Self-build mortgages are different from normal mortgages. They release funds at stages during the building work, rather than in one lump sum when you complete a property purchase. Some lenders also extend a loan to help […]

20 Reasons to Reduce Your Carbon Footprint Through Remote Working

When you set your goals for 2020, I’d be willing to bet you didn’t imagine the events of the last few months. For many people who have lost loved ones, or have been ill, or have had their jobs or businesses badly affected by Covid-19, it’s been a devastating time. We offer you our sincere […]

20 Things You Need To Know About Accident Protection

In 2020 we’ll have been in business for 20 years! To celebrate, each month we’re sharing 20 top tips about topics that are closest to our heart. Our aim is always to provide you with the best possible information so you can make informed financial decisions. This month we’re talking about everything you need to […]

The Bank of…Granny and Grandad?

For many younger people struggling to get a foot on the property ladder, the Bank of Mum and Dad is the only option. With rent taking a huge chunk out of their income and the requirement for increasingly onerous deposits, two in five renters do not believe they will ever be in a position to […]

Protect yourself and your family in 2020

While most of us don’t go through life expecting something bad to happen, the truth is that we never know what’s around the corner. Why not make 2020 the year you put plans in place to safeguard yourself, your family and your home, so that you know you’re protected against life’s unexpected events? When to […]

It’s time to think about life insurance

If you have dependents – people who rely on you financially – then you should have life insurance. In fact, if you have dependents and don’t have life insurance, you are exposing them to grave financial risk. And who would want to do that? Life insurance tends not to feature on ‘to do’ lists because […]

20 Reasons Why You Need Protection

In 2020 we’ll have been in business for 20 years! To celebrate, each month we’re sharing 20 top tips about topics that are closest to our heart. Our aim is always to provide you with the best possible information so you can make informed financial decisions. This month we’re talking about insurance and the reasons […]

20 Reasons Why You Should Consider Switching Mortgages RIGHT NOW!

In 2020 we’ll have been in business for 20 years! To celebrate, each month we’re sharing 20 top tips about topics that are closest to our heart. Our aim is always to provide you with the best possible information so you can make informed financial decisions. This month we’re talking about how you can save […]

Coming to terms with market turbulence

As a direct consequence of the COVID-19 outbreak, global stock markets are suffering a period of turbulence. When markets move significantly it can prove very challenging to hear through the noise and focus on the bigger picture. Lessons from history Over recent years many investors have become used to a variety of political, financial and […]

Use your ISA Allowance

Statistics show many young people are not using their ISA allowance only 17% of ISA savers are under the age of 35, but half of ISA savers are aged 55. So, what are the options for ISA savers? ISA An ISA is an Individual savings account. It allows you to save tax-free in a cash […]

20 Reasons Why You Should Be Using a Financial Adviser

In 2020 we’ll have been in business for 20 years! To celebrate, each month we’re sharing 20 top tips about topics that are closest to our heart. Our aim is always to provide you with the best possible information so you can make informed financial decisions. This month we’re talking about how we can help […]

Spring Budget 2020

Newly appointed Chancellor of the Exchequer, Rishi Sunak, delivered his first Budget on 11 March, against a backdrop of uncertainty following the COVID-19 outbreak and subsequent financial losses. It was the first of two Budgets to be delivered in 2020, with the second to follow in the autumn. COVID-19 and the NHSThe Chancellor wasted no […]

‘Mortgage prisoners’ may be able to remortgage

You may have heard the term ‘mortgage prisoners’ but not know exactly what it is. Mortgage prisoners are those who are trapped in their current mortgage deal and are unable to remortgage or move. The Financial Conduct Authority (FCA) has estimated around 150,000 borrowers are stuck as ‘mortgage prisoners’. Some of the main reasons are […]

More hope for first time buyers with the Help to Buy Extension

Since it was launched in 2013, the popular Help to Buy scheme has enabled almost 170,000 households to buy homes; who may not otherwise have been able to. An extension to the successful scheme was announced in the Autumn 2018 budget, now making it available until 2023 for first time buyers only ‘to ensure future […]

How inflation eats into your returns

Understanding inflation and its impact on your portfolio is important because rising prices can reduce the value of the money you get back from your investments. What is inflation? Inflation is a term used to describe a rise in prices. In the UK, it is measured by the Consumer Prices Index including owner-occupiers’ housing costs […]

You’re not average

What does average look like? Information released by the Office for National Statistics shows the average British man, Mr Average, is 38, will live to 85 and earns £31,103. The average British woman, Ms Average, is 40, will live to 88 and earns £25,308. The LV= risk reality calculator gives you a rough idea of […]

What does Brexit mean for you?

Whichever side of the Brexit debate you have been on, Friday 31 January 2020 undoubtedly marks a momentous point in the country’s history. For at the stroke of 11pm, the UK will cease to be a member of the EU: the divorce will finally have been sealed. It’s clearly been a long and rocky road […]

Does diversification matter?

When it comes to building your investment portfolio, you might have been warned about avoiding putting all your eggs in one basket. It’s wise to spread your money across a range of different investments. That way, if the value of one of them falls, it should have a limited effect on the overall performance of […]

What music do you want played at your funeral?

What music do you want played at your funeral? A quick look at the current top 10 funeral songs turns up some predictable results. ‘My Way’ by Frank Sinatra is favourite, followed by ‘Time to Say Goodbye’ in second place. Another more ironic choice is ‘Always Look on the Bright Side of Life’ from Monty […]

Reviewing your pension contributions

As you approach retirement, you probably want to know when you can afford to stop working. Having worked hard throughout your career you deserve to enjoy your retirement without having to worry about your finances. It may be worth reviewing your pension contributions to make sure you are taking advantage of the incentives offered by […]

Your pension savings, your future options

Why you should consider modernising your pension As well as giving you greater freedom over how you access your savings, there are several other benefits when modernising your pension: —         Take full control of your pension savings —         Choose when and how to draw an income to suit your retirement planning —         Keep your options […]

Where is the happiest place to live?

A new survey has revealed the South West is the happiest place to live in the UK, with Wales coming in as the least happy. The survey by Lloyds Bank and YouGov looked at factors such as: home ownership, salary, household size, knowing your neighbours, loneliness, crime rates, local services and unemployment to create a […]

The electorate has spoken – Conservatives win a majority

The Results Are In Following six weeks of intense campaigning, the result is in. The electorate has delivered its verdict. In Britain’s first December general election in nearly 100 years, the Conservative Party has won a very comfortable majority, soaring past the magic 326 seat mark in the early hours of Friday morning. With the […]

Accidental damage protects against life’s little mishaps

Nobody knows what is around the corner. Accidents can and do happen and the most commonly reported household claim in 2018 was for Accidental Damage. It’s therefore wise to check what is included in your insurance policy to help protect the valuable items in your home. Standard contents insurance usually protects you if you have […]

Don’t slip up this winter

Winter is coming, and with winter comes unexpected weather patterns and more time spent in the home. Both can lead to an increase in accidents, and accidents for you or children can lead to time off work or loss of income. Outside risks It’s not only the obvious factors of slips, trips and falls and […]

Borrowing options in your later years

Retirement is an exciting time; the start of a new chapter in life. Whilst we will have worked, saved and prepared for this moment for a long time, many of us will find we don’t quite have enough money to fund all the things we planned to do. Luckily, there are an increasing number of […]

Crowdfunding the Cost of Healthcare

Crowdfunding is becoming increasingly common among people who need healthcare that’s not freely available through the NHS. The increase is said to be due to access to overseas clinics and high-profile social media campaigns such as the 2014 campaign for Mike Brandon. Websites such as, and are full of campaigns from families […]

When Lightning Strikes

In July 2015, Mark received a call from someone telling him his house in County Durham was in flames and that a team of firefighters were currently at the scene. He hung up – first, not quite believing what he’d heard was true – it must be a work colleague playing a prank! But when […]

Relevant Life Plan

Do you want to provide valuable life cover and financial security for your employees and your family in a tax efficient manner? A Relevant Life Plan could be the answer. What is a Relevant Life Plan? A Relevant Life Plan is an individual ‘death in service’ life policy that is affected by an employer on […]

The Importance of Trusts

Trusts are usually simple to set up, but it’s important to select the right type of Trust.  What is a Trust? A Trust helps ensure a pay-out goes to the people you’d like to benefit from your protection policy – should the worst happen. As the ‘settler’ (the person who creates the Trust), you can […]

Look Beyond the Price of Your Protection Policy

Most of us celebrate the start of life and pay tribute to the end of life, but are we placing enough importance on everything in between? If we’re lucky we’ll enjoy certain life events like finding a lifelong partner, marriage / civil partnership, having children, enjoying a career and, ultimately, retiring. But how many of […]

The Factors Influencing Your Pensions Choices

Planning the best way to draw your pension savings is not straightforward, after all, there’s no ‘one size fits all’ when it comes to retirement. Life expectancy, the impact of inflation and the choices available at retirement (thanks to the 2015 Pension Freedoms) are all influencing factors in your decision making. You’ll also need to […]

Investing for the Next Generation

In the early years this might translate into a surplus of toys or days out, but this stage eventually passes, and thoughts turn towards the future transition from child to adulthood and beyond. This longer-term perspective raises the question of how best to provide financial support through, what could be an expensive transition and inevitably […]

The Insurance Policy That Could Prove Critical

Some people might be put off buying a critical illness policy because they believe it’s unlikely to pay out, despite the proportion of claims paid by insurers standing at just over 92%. So why is there such a gap between perception and reality among consumers? There have been well-publicised stories in the past where a […]

Take Control of Your Investments

Getting a clear, concise view of your investment portfolio can be difficult and time-consuming. That’s why we use a secure, online system known as a platform. A platform gives you secure, online access to your investment funds with a transparent, easy -to-understand charging structure. So rather than holding your ISAs, pensions and other investments in […]

Income Protection Claims

You might believe you’d be more likely to call on your income protection policy later in your working life, but data from protection insurer, The Exeter, show their average claimant was 40, and on certain products, just 33. Income protection is designed to pay an income if you’re unable to work as a result of […]

How will changing working patterns affect your pension?

The sooner you start saving, the healthier your pension pot is likely to be when you need to draw on it. But what happens to your pension planning if your working hours reduce, or stop? First things firstIf you join a company you may be enrolled into their workplace pension scheme which, in most cases, […]

Is joint life cover best for couples?

If you want to help make sure your loved ones will have financial security if you pass away, life insurance cover is the answer. But, if you’re part of a couple and you both need cover, should you take out single policies, or a joint policy that covers both of you? With a single life […]

Standard Variable Rate

The average homeowner moving from a specific mortgage deal onto their mortgage provider’s Standard Variable Rate (SVR) could save more than £2,500 a year in interest payments simply by re-mortgaging. SVR is the type of mortgage you’re most likely to revert to at the end of an introductory, fixed rate, discount or tracker deal. The […]

Major changes in taxation for owners of buy to let properties

Major changes in taxation for owners of buy to let properties started being phased in over four years from April 2017. If you own buy to let properties, it’s important to take a look at how these gradual changes may affect you in order to avoid any nasty surprises. Of course, every individual situation is […]

Coming to the end of your interest-free equity loan period

The government launched its Help to Buy equity loan in April 2013 and since then 210,964 properties have been bought under the scheme. First-time buyers and people moving to a new-build home worth up to £600,000 have benefited from the scheme, which provides an equity loan of up to 20% of the cost of the […]

Considerations for first-time buyers

Being a first-time buyer can be daunting. Not only are you about to make one of the biggest financial decisions in your life, but you’ll probably also have family members and friends offering their ideas on the right house, mortgage lender, conveyancer and even removal company for you. We’ve put together some ideas to try […]

Practical Ideas for Downsizers

Getting fed up of everyone coming around to yours for Christmas? Or are you rattling round a large house because your kids have grown up and flown the nest? Or perhaps you’ve found a lovely little property in a part of the country you’ve always wanted to live? Whatever your reason for downsizing we’ve got […]

Why you should get mortgage advice

Taking out a mortgage could be one of the biggest financial decisions you’ll need to make in life, so it’s important to get it right. You could ‘go direct’ to find the right mortgage for your circumstances, as long as you’re prepared to spend time and effort scouring a very competitive market for the lender […]

My journey as a first-time buyer

Being a First Time Buyer was daunting to start with, but once I got in touch with an Openwork Adviser, they settled all my nerves and made the process of buying a place to call home incredibly easy. The big decision Before I could look at houses and house prices, I needed to know what […]

Need help to buy?

Do you aspire to own a new-build home? Are you looking to move home, but lack sufficient funds to afford the repayments on a low-deposit mortgage? You may find it easier to join, or move up the property ladder, thanks to the government-backed Help to Buy scheme. There are several schemes currently: Shared Ownership This […]

Do you have a repayment plan for your mortgage in place?

Thousands of people with interest-only mortgages expiring this year do not have a repayment plan – putting their homes at serious risk of repossession.  An estimated 81,400 mortgages will come to an end in 2019, totalling around £9.2bn in value, according to the Financial Conduct Authority. A further 82,100 mortgages worth £9.7bn will mature in 2020. […]