The Mortgage Charter: Helping Homeowners Through Rising Interest Rates The Mortgage Charter is a new initiative by the UK government and the financial industry to help homeowners who are struggling with rising interest rates. The charter sets out a series of commitments that lenders will make to their customers, including: Allowing borrowers to contact their…
What is a joint borrower sole proprietor mortgage? A Joint Borrower Sole Proprietor (JBSP) mortgage is a type of mortgage that allows two people to apply for a mortgage together, even if only one person will be named on the title deeds of the property. This means that the person who is not named on…
Introduction: The Help to Save scheme is a government-backed initiative that aims to help low-income workers boost their savings. The scheme, which was launched in 2018, is available to individuals who are receiving certain benefits, such as Working Tax Credit or Child Tax Credit. In this blog post, we will take a closer look at…
A Lifetime ISA, or LISA, is a savings account that offers a 25% government bonus on contributions up to a certain limit each year, making it a great option for those looking to save for their first home or for their retirement. By opening a LISA, individuals can take advantage of government bonuses, and unlike…
Congratulations on taking the first steps towards purchasing your first home! Buying a house can be a daunting and overwhelming experience, especially if it’s your first time. However, with some preparation and understanding of the process, you can make the experience much smoother and more enjoyable. Here are some tips to help you as a…
Over half (60%) of UK adults are currently without a will, according to new research. 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. The number of people without a will…
