If you are hoping to buy a new home soon, it’s never too early to start preparing – get yourself mortgage-ready this summer by following these steps. Work on your credit score Mortgage lenders will scrutinise your credit report to determine whether you can meet the monthly payments – the higher your score, the more
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Recent reports have highlighted that there is a general lack of knowledge when it comes to critical illness cover. Younger generations are particularly misinformed, with one study1 indicating that a fifth of Gen Z and Millennials don’t have critical illness cover because they do not understand it or its benefits. Meanwhile, a quarter thought that
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Prior to the Spring Budget, there was speculation that the government may introduce a 1% mortgage deposit scheme. That did not come to fruition; however, a leading mortgage lender has recently introduced a new product which offers first-time buyers (FTBs) a £5k deposit on homes up to £500,000 – effectively a 99% loan to value
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Recent figures indicate that more people than ever are taking out income protection insurance. In 2023, individual sales of income protection reached 247,000 – a 16% annual increase and a record high since data was first collected in 20001. 97% of these sales were purchased with advice, emphasising the importance of taking advice. More people
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The first few months of 2024 showed some promise for a housing market which is stabilising following a challenging period for buyers and sellers alike. So, with spring well under way, how is the property market faring at the moment? Boost in buyers Prospective buyers are continuing to return to the market, as the number
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