The latest from Tim
No Deposit Mortgages: Getting a 100% Mortgage Without a Deposit in the UK
A no deposit mortgage may be an option if you’re struggling to raise the deposit for a home, though you’ll probably need a family member or friend to be your…
95% Mortgages: Getting a Mortgage With a 5% Deposit
95% mortgages only require you to have a 5% deposit. They are mainly used by first-time buyers, and sometimes by existing homeowners who are looking to move or remortgage but…
What is a Mortgage in Principle?
Getting a mortgage in principle can give you an idea of whether a lender will offer you a mortgage and for how much. Having such an agreement doesn’t guarantee you’ll…
Is Equity Release Safe?
Equity release can be considered safe because you must take professional advice, and providers and advisers are regulated by the Financial Conduct Authority. Most equity release providers are members of…
What is a Drawdown Mortgage?
A drawdown mortgage is a form of equity release that allows you to unlock the equity in your home as and when you require. As you only pay interest on…
What is a Lifetime Mortgage?
A lifetime mortgage is an equity release scheme that allows you to access some of the wealth you have tied up in your home. With a lifetime mortgage you can…
Secured Loans for Bad Credit UK
Getting a secured loan with bad credit is possible if you’re willing to use your home or another asset as security. Read on to learn more about bad credit secured…
What is Security on a Loan?
Providing security for a loan means you put forward an asset, such as your home, as collateral against the loan that you need. As lenders feel they are taking on…
Does Life Insurance Cover Funeral Costs?
Taking out life insurance to cover funeral costs could help make life a little easier for loved ones at a difficult time. By making sure your beneficiaries receive a life…
Do I Need Life Insurance?
Taking out life insurance can reassure you that your loved ones will be looked after financially if you die during the policy term. Payouts might cover your mortgage or make…
What Are Life Insurance Premiums?
A life insurance premium is the sum of money you’ll need to pay an insurer in return for providing you with life cover. The life insurance premium you’re asked to…
Death in Service: How Does it Work?
Working for an employer offering death in service means your loved ones should receive a payout if you were to die while in its employment. It can offer valuable protection…
Benefits of Life Insurance: 10 Reasons to Consider Life Cover
Covering your mortgage, paying for your funeral, and ensuring your loved ones can live comfortably are important benefits that life insurance can provide. What tends to join them all is…
Cashing in a Pension: Your Options at Retirement Explained
Cashing in a pension usually only becomes possible at age 55. At this point some or all of your pension funds can be used to buy an annuity, set up…
SSAS Pension: How a Small Self-Administered Scheme Works
A small self-administered scheme, or SSAS pension, can be set up by senior company executives who want to take full pension investment responsibility for themselves. The tax advantages of using…