Over one in two UK adults still haven’t made a will. Of the 60 per cent who have no will, over a fifth believe they don’t have enough assets to make it worthwhile. Over half (60%) of UK adults are currently without a will, according to new research. The number of people without a will…Details
What is private medical insurance? Private medical insurance (PMI) can be used to supplement the NHS health care system. Most residents of the UK are entitled to health care from the NHS. However, with PMI you have the option to have private medical treatment dependant on the level of cover you have. This can mean…Details
I had an interesting chat with a colleague today, and it’s not the first time this subject has arisen. He was in the process of completing a mortgage application for a regular client of his, he knew the client well and both the adviser and the client were confident of a clean credit report. On…Details
What is a mortgage prisoner? Mortgage prisoners are those who are stuck with high interest rates due to being unable to fit the now much stricter criteria from lenders. Or, in other cases, borrowers who are stuck with lenders that have no products to offer. It is thought that around 140,000 people are in this…Details
When submitting a mortgage application, each lender will have minimum ‘packaging’ requirements. This basically means there will be a minimum number of documents they will need to see before they will consider placing your case in front of an underwriter. One of the documents a lender will always ask for is a bank statement. With…Details
Your property may be repossessed if you do not keep up repayments on your mortgage.
This firm usually charges a fee for mortgage advice. The amount of the fee will depend upon your circumstances and will be discussed and agreed with you at the earliest opportunity.