Reduced protection for mortgage payments

Reduced protection for mortgage payments

Changes to the government’s scheme supporting people unable to make their mortgage repayments – Support for Mortgage Interest or SMI – could have significant consequences for struggling home owners. From 6 April 2018 SMI ceased to be a benefit payment and became a...
New focus on inheritance tax

New focus on inheritance tax

The government has requested a review of inheritance tax (IHT), focusing on making the system less complicated. The Chancellor, Philip Hammond, has asked the Office of Tax Simplification (OTS) for “proposals… for simplification, to ensure that the system is fit for...
Time to update your life insurance?

Time to update your life insurance?

Most homeowners buy some life insurance when they purchase their first home. These insurance policies are typically designed to cover the term of the mortgage. But what happens once that term is over? If you took out a life insurance policy when you first stepped onto...
Refresh your New Year resolutions

Refresh your New Year resolutions

It’s that time of year again, so what financial resolutions should you be making? New Year resolutions have a tendency not to last very long. By the time the festive season finally ends and the decorations are put away, the eat less/drink less/exercise more...