This is an excert from a recent article we wrote for the local press.
A mortgage expert is warning people that they may have just days to safeguard their mortgage payments against redundancy ahead of the Governments Comprehensive Spending Review on Wednesday.
Andy Burns, from Mortgage Xperts based in Orrell Park, has seen dozens of people lose [...]
News
Time running out to protect against redundancy
Tuesday, October 19th, 2010Real Remortgage Option
Tuesday, October 19th, 2010At last, a sensible view from a high street lender in the remortgage arena.
The Woolwich has launched ‘The Great Escape Mortgage’.
This remortgage package is designed to entice mortgage customers currently sitting on standard variable rate with their current lenders.
The Woolwich will offer a lifetime tracker rate of bank base rate plus 2.18% (current pay rate - 2.68%) [...]
Remortgage market “not dead”
Wednesday, September 22nd, 2010The remortgage mortgage is still languishing with Bank of England data showing remortgage volumes in July this year at 52% of the volume of house purchase transactions in the same month, as many borrowers shun remortgaging off SVR onto higher rates
House price bounce extends into August
Friday, August 28th, 2009House prices rose by 1.6% in August
Year-on-year decline slows from -6.2% to -2.7%
Low interest rates helping to underpin prices for the moment
Headlines
August 2009
July 2009
Monthly index * Q1 ‘93 = 100
317.9
313.0
Monthly change*
1.6%
1.4%
Annual change
-2.7%
-6.2%
Average price
£160,224
£158,871
*seasonally adjusted
Commenting on the figures Martin Gahbauer, Nationwide’s Chief Economist, said:
“The price of a typical house rose for the fourth consecutive month in August, increasing [...]
House prices rise again: Nationwide
Thursday, July 30th, 2009House prices rose for the third consecutive month in July, according to the results of the latest Nationwide House Price Index.
The lender’s figures show the average price of a property rose by 1.3% over the month from £156,442 to £158,871, while the three-month figure increased from 1% in June to 2.6% in July.
Martin Gahbauer, chief [...]
AXA Most Trusted Critical Illness Provider
Tuesday, July 28th, 2009This year, Moneywise conducted Britain’s biggest ever customer survey focusing on trust and service in the financial services industry. They interviewed over 10,000 UK customers, asking them to identify the companies that treated customers fairly, offered the highest level of service and provided the best value for money.
Voted for by the customer
Based on the views [...]
RBS IP launches buy-to-let trackers
Thursday, July 16th, 2009RBS Intermediary Partners (RBS IP) has introduced two new buy-to-let tracker products, plus a further base rate tracker for residential mortgages, including shared equity.
The buy-to-let deals are NatWest branded, two-year Base Rate Trackers running until 31 August 2011, available up to 75% LTV.
Mortgages in Focus
Tuesday, July 7th, 2009The buy-to-let sector has undoubtedly been one of the more significant growth stories from the mortgage market over the last few years.
Lenders’ (CML) statistics shows that 2007 was another period of growth. Third quarter gross advances were up 5.5% on the previous quarter, representing 12.7% of the mortgage market’s total gross advances. And, by the [...]
House prices rise by 1.1%
Tuesday, July 7th, 2009House prices in the UK rose by 1.1% between the first and second quarter of this year, according to new statistics.
Business Protection - Guarding the future
Tuesday, July 7th, 2009A recent survey has highlighted the frightening vulnerability of UK firms to illness and death. Clare Harrop head of specialist protection at Legal & General outlines the extent of the business protection market.
There is much talk of the ‘gap’ that currently exists in the personal protection market. Significant energy and resource has been focused on how advisers can close it by providing adequate cover to individuals. The importance of ensuring individuals are able to weather such storms as redundancy or critical illness is perhaps even more vital for advisers, given the nature of the current recession and the outlook for our economy.
An area which can be overlooked but which is crucial to UK companies and their overall health is that of business protection.