How does equity release work? Understanding the basics of equity release
What do you need to think about if you're taking out an equity release or lifetime mortgage?

Equity release has come in for some pretty bad press over the years, but for some older homeowners, it may be a better option than selling up or trying to survive on their pension. However, it’s an important financial step and you have to be aware of the disadvantages as well as the benefits.

More »

RBS has been fined almost £15 million for failures in its mortgage sales
RBS has failed to deal with 30,000 mortgage sales properly between 2011 and March 2013

RBS bank has been fined. Again. This time it's for failing to sell mortgages properly. The regulator, the Financial Conduct Authority (FCA) checked how RBS was doing and found that only two of the 164 sales it checked were done properly. Two out of 164. That's about 1%. RBS has been fined almost £15 million and says it will contact 30,000 customers who may get compensation.

More »

Understanding the different types of mortgage, your guide to fixed rate, tracker, discount, variable and capped mortgages.
What's the difference between a fixed and tracker rate? And what are the disadvantages of cashbacks?

One of the big decisions you have to make is what type of mortgage deal to take out. You may think you know the difference between a fixed rate and, for example, a tracker rate mortgage. But do you know how a discount rate works and how much difference there may be in lenders' standard variable rates? Read on to find out more...

More »

1 2 3 4 5 6 7 8 9

The material provided on this website is general information that is intended for general guidance and is not suitable for professional advice.
You should always obtain independent financial advice.