Are you considering how to access the wealth that’s locked away in your home? There’s more than one way you could release property wealth later in life. There are lots of reasons why you may want to access the money that’s tied up in your home....
When your current mortgage deal comes to an end, your lender will usually offer you a new interest rate to encourage you to remain with them. This is often called a “product transfer”. While choosing this option does have some advantages, you could be missing out...
Critical illness cover has been used to form people’s financial safety nets since 1983. Four decades on, it could improve your financial resilience and provide a cash injection when you need it most. Critical illness cover is a type of financial protection that would pay out...
Figures suggest more families are gifting to avoid Inheritance Tax (IHT). While passing on assets to loved ones may seem like a clear solution, it isn’t always so simple. More estates are becoming liable for IHT as thresholds for paying the tax are frozen. The Office...
When you think about the most popular retirement dreams, an adventurous cruise or having time to put your feet up might come to mind. Yet, a survey found the most common goal for retirement is to achieve financial security. According to Legal & General, a huge...
Creating a financial plan is just the first step to reaching your goals. While you may have carefully set out what you need to do, financial reviews are still essential. Often, it’s advised that you review your financial plan once a year or following major life...
Globally, signs suggest the pace of inflation is slowing. However, businesses in some sectors are struggling and weighing on economies. Read on to discover some of the factors that affected investment markets in August 2023. According to a Purchasing Managers’ Index (PMI) from JP Morgan, reports...
Despite playing a pivotal role in keeping businesses running as they switched to remote working during the pandemic, Zoom has ordered its staff back to the office. Yet, research suggests both employees and employers are keen to embrace a more flexible approach to work. The video...
When you apply for a mortgage, you’ll agree to a time frame for repaying the loan. It’ll affect how much your monthly repayments are and the total interest you pay. Exploring your options and taking some time to understand the time frame that’s right for...
Rising interest rates are placing pressure on household budgets, and some families are considering interest-only mortgages. While they could alleviate some of the challenges now, an interest-only mortgage could have implications over the long term. In response to high inflation, the Bank of England (BoE) has...
T: 01727 848412
E: info@lifetime.co.uk