Mark Williams's Blog – September 2011 Archive (5)

New research reveals that 1.5 million households may not have enough life cover to pay off their mortgage if either partner were to die.

The survey of 3,000 highlighted the possibility that millions of people may well be leaving something sizeable for their loved ones if they were to die suddenly - a mortgage debt. …

Mortgage borrowers are missing out on what have become the lowest fixed-rate mortgages in decades, with half not having reviewed their mortgage since March 2009.



According to the website unbiased, many borrowers (37%) would still prefer a Standard Variable Rate deal, and if they did fix, would be prepared to…

The report by the Institute for Fiscal Studies, which it describes as the most far-reaching analysis of the UK tax system in more than 30 years, also recommends integrating income tax and National Insurance payments.

Targets for change include Inheritance Tax where the individual would be taxed and not the estate on…

The Sunday Times has reported that there are now clear signs that the ongoing turmoil in the Eurozone is starting to push up mortgage rates.

Private banks, which often lead the high street banks by several weeks, have started to increase rates for the first time in more than two years.

Mortgage borrowers, particularly those who are on their lender's base lending rate ( Standard Variable Rate) and have been so for some time, are therefore encouraged to take…

Three years ago today, the collapse of Lehman Brothers sent shockwaves around the world, resulting in sheer panic in the financial markets and driving the final nail in the coffin of the wholesale funding markets.

Suddenly, big banks really could be allowed to fail.

 …