News and Blogs | MoneyQuest

11 October, 2024

Market experts have predicted that mortgage rates of 4.5% will be the ‘new normal’ in the UK.

In August 2023, Bank Rate reached a 16-year high of 5.25%, causing the cost of borrowing to increase. Many hoped this was a one-off spike, but the CEO of Lloyds Banking Group has suggested that this m

7 October, 2024

A recent survey has found that 28% of young adults with a mortgage do not have life cover*.

It is estimated that there are 1.7 million homeowners in the UK who risk leaving their loved ones unprotected in the event of their death. When asked why they do not have life insurance, 23% said they

23 September, 2024

The number of people taking out protection policies continued to decline last year according to rese

In 2023, purchases of new long-term individual protection policies decreased by 5.5% – this includes term life insurance, whole of life cover, critical illness and income protection. The term life i

20 September, 2024

A recent report has found that most young adults in the UK do not have life insurance*, even though

Cost-of-living crisis Over half (51%) of adults aged 18-40 admitted they do not have life cover, with many concerned about affordability due to the higher cost of living. But it is more important than

18 September, 2024

Cuts to Bank Rate may be expected to ease some short-term financial pressure this year, but a report

Prepare for an increase The Bank observed, ‘The share of households spending a high proportion of their income on mortgage payments is still expected to increase slightly over the next two years.’

16 September, 2024

If you already have adequate cover in place, it can be easy to assume that there is nothing more to

Writing life insurance policies in trust Having sufficient life insurance is a significant way of safeguarding your loved ones’ financial future. But you can go the extra mile by writing that policy

9 September, 2024

Following Labour’s landslide election win, much of the nation is waiting to find out what is in st

Delivery of new homes In Labour’s manifesto, a pledge to build 1.5 million new homes over the next Parliament was made. To make this possible, Angela Rayner announced that the nation’s new mandato

20 August, 2024

As the UK adjusts to the aftermath of the General Election, many will be wondering what this means f

Undeterred buyers In a survey carried out before 4 July, 95% of prospective buyers said that their moving plans were unaffected by the election. This is reflective of activity seen around previous UK

15 July, 2024

Before the election, property experts Rightmove carried out a survey to ascertain what this new gove

Speed up housebuilding One of the top recommendations was making improvements to the housebuilding process1. Buyer demand has increased by 15% since 2019, but the number of available homes has not inc

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