In the first change of its kind since 1926, new Intestacy rules come into effect from today that will change the way in which relatives inherit assets from someone who has died without a Will.
In short, particularly for non-married couples, it’s vital to make a Will to ensure that those they wish to inherit…Continue
With millions behind on their household bills, UK bill payers need to consider how they would cope if they were to lose their income due to illness or injury.
Research released this month by price comparison site, uSwitch, found that 4 million households in the UK are in debt to their energy supplier, while a further 2.6 million are struggling to pay monthly bills.
We're hearing more and more about how people are living beyond their means, and spending more than they…Continue
People must consider taking out cover earlier in life as around one in four claims for critical illness (CI) occurs before the age of 40, research has found.
According to recent data, which looked at the percentage of life and critical illness claims in the UK by age group –
8% of people aged 25-40 had a life insurance claim.
24% of people aged 25-40 had a critical insurance claim.
Other findings showed –
61% of people aged 40 to 60 had a life…Continue
Borrowers could be forced to wait weeks for an appointment with lenders’ mortgage advisers after the Mortgage Market Review as firms race to get qualified staff in place.
Last week, a Nationwide business development manager warned that customers could expect waiting times of up to a month to see one of their mortgage advisers.
He also said that…Continue