Read before you decide.
Why your death in service from work probably isn't enough
Most people assume their employer's death in service covers them. It doesn't, at least not properly. Here's what it actually is, what it isn't, and why it shouldn't be your only plan.
What is income protection and do I actually need it?
If you stopped working tomorrow, illness, injury, anything, how long could you last on savings? Income protection is the policy nobody thinks about until it's too late.
How much life cover do I need? The honest answer
The 10x your salary rule is lazy and often wrong. The honest answer depends on four questions about your actual situation, not a formula someone pulled from thin air.
Sole trader or limited company: how lenders work out your self-employed income
Lenders do not use your turnover. They use a specific figure that depends on how your business is structured, and it is usually lower than you expect.
How much can you borrow when you are self-employed?
Income multiples are only a starting point. Here is what lenders actually assess, what reduces the figure and what improves it.
Self-employed and off sick: there is no safety net
Statutory Sick Pay is for employees. If you pay your own tax through self assessment you get nothing, from day one.
Self-employed mortgage: how lenders actually assess your income
Being self-employed doesn't stop you getting a mortgage. It just means lenders look at your income differently. Here's exactly what they want to see, and what trips people up.
First-time buyer: what actually happens between offer and keys
Most first-time buyers know they need a deposit and a mortgage. What nobody tells you is what happens in between, and why it takes longer than you think.
The articles on this blog are for information only and do not constitute financial advice. Your circumstances are unique, speak to a qualified adviser before making any decisions about your mortgage or protection cover.
