Saving for a deposit for a first home has become very difficult due to the high cost of living. This has prompted mortgage providers to launch home loans where you do not have to put down a deposit at all, and you can borrow all of the money needed to buy a property.
With interest rates rising but the stock market volatile, there is evidence that investors are looking for ways to mitigate risk if they are remaining invested. One popular strategy at present is buying into money market funds, funds that offer cash-like returns and near-cash safety within a pension or ISA.
Many people believe that rules around who inherits what are simple, but unless you’ve made a will you may be surprised at who is entitled to your assets after you’ve gone. Here are five of the biggest myths about who is entitled to your money if you die without a will.
With the cost-of-living crisis firmly sitting on the shoulders of families across the country, fears for the future may begin to creep in. Like most things in life, taking the time out now to prepare and plan will be rewarding in the long run.
With technology evolving all the time and the cost-of-living crisis meaning that some are turning to crime to make ends meet, keeping on top of financial fraud is harder than ever.
It's Mental Health Week and the focus is on anxiety. A survey found that over a third of people are anxious about money. Taking care of our finances can help improve our mental well-being.
The Bank of England has raised interest rates for the 12th consecutive time, taking the Base Rate to 4.5%. This is the highest level since 2008, and it is having a significant impact on our day-to-day finances.
British childcare costs are among the highest globally, with parents paying almost £15,000 per year for nursery expenses. The government is implementing changes to make it more affordable, but it may take time to see significant reductions.
Many of us want to leave a legacy to our families after we have gone, but our desire to help our families is balanced by our need to ensure we have enough to live on in retirement.
