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Re: pension mortgage

A Pension Mortgage is where the homeowner takes out an interest only mortgage and plans to use the tax free lump sum tthey will be able to take from their pension to repay the mortgage on retirement. These arrangements are highly tax efficient but are also complicated. Therefore anyone thinking abou...
by Broker Boy
on Tue Sep 01, 2023 9:45 am
 
Forum: Mortgages
Topic: pension mortgage
Replies: 1
Views: 227

Re: What happens if my mortgage payments rise

Most Mortgage Payment protection policies will allow you to increase the cover. I suggest you call your inurers call center.

Broker Boy
by Broker Boy
on Tue Sep 01, 2023 9:36 am
 
Forum: Mortgage Insurance
Topic: What happens if my mortgage payments rise
Replies: 1
Views: 460

Re: Why don't doctors sell medical insurance?

To tell the truth, I'm not sure! Maybe they have an inbuilt loyalty to the NHS. I do seem to remember seeing some health insurance leaflets in a Consultants waiting room, but, like you, never in a GP's waiting room.

Broker Boy
by Broker Boy
on Mon Aug 24, 2023 3:04 pm
 
Forum: Medical Insurance
Topic: Why don't doctors sell medical insurance?
Replies: 1
Views: 462

Re: Interest rates - whats gointg to happen?

The Bank of Englands Base Rate which sets the underlying tone for interest rates currently stands at 0.5%, an all time low. It won't get any lower so, as the song says, the only way is up! The question is when will it rise? Some commentators were forcasting later this year but now many of them are p...
by Broker Boy
on Mon Aug 24, 2023 3:00 pm
 
Forum: Mortgage Insurance
Topic: Interest rates - whats gointg to happen?
Replies: 1
Views: 184

Re: I need to cut my insurance costs

Criticl Illness cover isn't cheap because there is a significant chance that you'll make a claim - there's a 1 in 5 chance you'd make a claim before your 65 birthday. Anyway, I do understand the pressures on you to cut your insurance premiums. The best bet is to go online and get new quotes for your...
by Broker Boy
on Mon Aug 24, 2023 2:49 pm
 
Forum: Critical Illness Insurance
Topic: I need to cut my insurance costs
Replies: 1
Views: 244
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