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June Market Commentary

Category: Market commentary & Uncategorized

Some months we sit down to write this report and think to ourselves, ‘Not much happened really…’ And then you get a month like the one that’s just finished where pretty much everything happened!

Elections were held across Europe – and the big story was the rise and rise of the extremist parties, with UKIP topping the poll in the UK and the Front National doing equally well in France.

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Over-55s benefit from boosted income and savings

Category: retirement & savings & Uncategorized

Britain’s over-55s are cashing in on the improving economy with rising incomes leading to more than £150 extra in their pockets a month compared to the same time last year, Aviva’s latest Real Retirement Report shows. Findings show savings pots have increased too, but the level of monthly expenditure has risen with the cost of living putting increased pressure on household budgets.

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The new mortgage lending rules are coming

Category: Mortgages & Uncategorized

As of 26 April 2014, lenders will be required to advance mortgages to their customers under new rules coming into effect as a result of the Mortgage Market Review (MMR). The rules, which introduce at least five key changes for borrowers, are being introduced to reinforce consumer protection. They will be overseen by the industry regulator, the Financial Conduct Authority (FCA), and apply across the whole industry.

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