Could remortgaging help you beat the cost of living crisis?
Millions of families are seeking strategies to navigate the current economic turbulence The headlines are filled with reports of the escalating cost of living crisis. The surge in inflation, climbing interest rates and skyrocketing energy prices create a financial strain that even the most budget-conscious households can’t ignore. Many families will seek strategies to navigate […]
Taking out a mortgage in later life to bypass Inheritance Tax
Over-60s consider passing on assets or property to family members As the population of over-60s in the UK increases, more and more are considering taking out mortgages to bypass Inheritance Tax (IHT). This strategy could reduce a potential IHT liability when passing on assets or property to family members after death if appropriate. IHT is […]
Spike in mortgage costs
First-time buyers spend almost £200 more monthly on their mortgage payments Following the mini-budget announcement by the Liz Truss government in September 2022, the housing market experienced a period of turbulence. This resulted in a spike in mortgage costs, with the average first-time home buyer paying a hefty £1,218 monthly on their mortgage last October. […]
Considering buying or maintaining a home?
Homeowners anxious about the issue of affordability in current economic climate Homeowners in the UK are continuing to face a growing economic challenge with high interest rates. With an already expensive housing market, many residents fear that affordability is the biggest challenge they face when considering buying or maintaining a home. The average UK house […]
