August 2024 - Oundle & Stamford

Month: August 2024

Don’t invalidate your home cover

Nearly two-thirds of UK consumers could have accidentally invalidated their home insurance*, according to a survey. Many people with home insurance said they have gone against common policy terms in the past. 11% have left their home unsecured, even though they are required to take reasonable measures to mitigate the chances of a break-in. Other

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Will higher mortgage rates be the norm?

Market experts have predicted that mortgage rates of 4.5% will be the ‘new normal’ in the UK. In August 2023, Bank Rate reached a 16-year high of 5.25%, causing the cost of borrowing to increase. Many hoped this was a one-off spike, but the CEO of Lloyds Banking Group has suggested that this might be

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Young adults need life insurance too

A recent report has found that most young adults in the UK do not have life insurance1, even though it is one of the most important financial products that you could have. Cost-of-living crisis Over half (51%) of adults aged 18-40 admitted they do not have life cover, with many concerned about affordability due to

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