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Have you protected your income?
Updated by Advisory Financial Services on Wednesday, December 17, 2025A report has revealed that only a quarter of working adults in the UK have an income protection (IP) policy.
According to research from LV, only 27% of the working population have a financial safety net to protect their income if they are unable to work due to illness or injury. Despite this, half …
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Borrowers favour shorter mortgage terms
Updated by Advisory Financial Services on Thursday, December 11, 2025Data from the Bank of England shows that UK borrowers are currently favouring two-year fixed-rate deals.
In Q2 of this year, half of new mortgages were two-year deals, with only 35% opting for five-year terms. Borrowers are probably hoping to remortgage to a cheaper deal if Bank Rate keeps falling …
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Renovation over relocation
Updated by Advisory Financial Services on Tuesday, November 18, 2025Millions of UK homeowners are choosing to renovate their existing home instead of moving.
In England and Wales, about 1.7 million homes (one in 15 properties) have undergone significant renovation work. These homes are marked with ‘official improvement indicators’, showing that they have had major …
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When to review your life cover
Updated by Advisory Financial Services on Wednesday, October 22, 2025Life cover is designed to provide loved ones with essential financial protection when it is needed most. But it’s not just a one-off decision - it’s important to review and update your policy regularly, especially after experiencing any key life events that may change your circumstances.
Buying a h…
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How much deposit do I need
Updated by Advisory Financial Services on Friday, July 25, 2025The minimum deposit you typically need for a mortgage is 5% of the property's purchase price, but the exact amount depends on several factors like your credit history, income, the lender, and the type of mortgage. A mortgage broker will be able to analyse your personal circumstances and re…