The latest from Tim
How an Earlier Rise in the State Pension Age Could Affect You
Following a news report that the age at which people can claim their state pension could increase to 68 by the end of the 2030s, we explore how this earlier-than-expected…
Children’s Pensions Explained: Setting Up a Pension for Your Child
Set up a child’s pension and with tax relief payable on a £2,880 yearly allowance your kids will have a head start towards a better retirement. Here, we explain how…
Pension Withdrawals: Limits, Rules and Taking a Pension Early
If you are 55 or over and have a defined contribution pension, you usually can start making pension withdrawals. Sometimes you can do this before age 55, but you may…
What is a Final Salary Pension, and How do Defined Benefit Pension Schemes Work?
A final salary pension, or defined benefit pension scheme, is a type of workplace pension that will pay you a retirement income for life. The amount you will receive in…
Pension Tracing: How to Find Old or Lost Pensions
Finding an old pension can give your retirement income a welcome boost. What you need to do to trace it will depend on how much you remember about your lost…
Mortgage Rates Expected to Drop Further
Further falls in mortgage rates are expected as base rate cuts are forecast for November and next year. Here’s our latest mortgage and base rate predictions.
Green Mortgages: What Are They and Will You Save Money?
Green mortgages offer incentives, such as lower interest rates and cashback, to borrowers who purchase an energy-efficient home, or make improvements to their property to meet certain environmental standards. This…
Logbook Loans: Loans Secured on Your Car or Vehicle
Logbook loans provide a way to borrow using your vehicle as security for the loan. You can use the vehicle while repaying the loan, but very high rates of interest…
Budgeting Loans and Budgeting Advances Explained
If you’re claiming certain benefits but need help with covering an essential cost, you might be eligible for either a budgeting loan or a budgeting advance from the Department for…
Should I Get a Fixed or Variable Mortgage?
The main difference between a fixed and variable mortgage is that your mortgage rate stays the same for a set period with a fixed-rate mortgage, while with a variable rate…
How Much Deposit Do You Need for a Mortgage?
A deposit of 5% is usually the minimum needed to get a mortgage to buy a home, but saving a larger deposit can help you secure a lower mortgage rate.
Section 21 Notice: No Fault Evictions
A section 21 notice can be issued by private landlords in England if they wish to evict tenants from a property without having to give a reason why. The government…
What is a Tracker Mortgage?
A tracker mortgage is where the interest rate you pay tracks another rate. Usually this will be the Bank of England base rate, though the rate you pay on a…
Fixed-Rate Mortgages: Peace of Mind Over Your Repayments
With a fixed-rate mortgage your interest rate, and therefore your monthly repayments, will stay the same for the duration of the period you’ve chosen to fix. Most fixed-rate mortgages are…
Mortgage Rates Predicted to Carry on Falling
Mortgage rates are expected to carry on falling amid predictions base rate will be cut again in November. Here’s our latest mortgage and base rate forecast.