Fixed Income in the News
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Royal London announces rebrand of equity release business
Royal London, the UK’s largest life, pensions and investment mutual, announces it isenhancing its presence in the equity release market by bringing…
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Over two million high-balance fixed-rate savers missing out on potential ISA gains
Over two million fixed-rate savings accounts containing balances of over £20,000 could generate higher returns by switching a portion of their deposit…
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House hunters stalled property search in July to first observe Bank of England’s announcement on interest rate cut
Latest data from London estate agency Chestertons suggests that the expected interest rate cut in August led to house hunters stalling their…
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House prices and DIY Covid wills push disputes over inheritance to highest in at least a decade
Over 10,000 challenges to probate were made last year, the highest number in at least a decade, according to figures obtained by…
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Survey reveals 71% of Brits believe that mortgages should be taught in schools
Soaring rates have made mortgages a hot topic in the UK. Despite this, the phrase ‘what is a mortgage?’ receives an average…
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Tough choices facing the ‘Bank of Family’ – gifting to homebuyers hits record £9.2bn says Legal & General
Financial gifts from the ‘Bank of Family’ to support home purchases are projected to reach £9.2 billion this year, and fund 42%…
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21% rise in executors of wills being sued in the High Court – 87 cases in past year
The number of executors of wills being sued in the High Court has jumped 21% in the past year, with 87 cases…
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Housing Report: Regions with the Largest Changes in Cash Property Purchases
New research has revealed the areas with the largest changes in the percentage of properties bought outright in the UK. The study,…
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26% of London residents who gamble turn to gambling as a quick fix for financial issues—twice that of the UK average
A new nationwide report found that 49% of London residents who gamble are funding their gambling activity with credit products, 2.2 times…
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On average, Brits can earn £119 extra per month by renting out a parking space
Amidst the high cost of living and high mortgage rates, , many homeowners are starting to rent out parts of their homes…
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