admin Insurers are pulling unemployment insurance because of the coronavirus outbreak — and some are looking for ways not to pay if you get sick Insurance companies are withdrawing from the unemployment insurance market as the coronavirus spreads Income protection insurers plan to introduce coronavirus exclusions This means that new policyholders will not receive compensation if … Read more
Virgin Money Withdraws 5% Deposit and Help Buy Mortgages Temporarily Due to ‘Market Conditions’ Amid Expectations of Lower Home Prices The lender removes 5% of the deposited mortgages, which are commonly used by first time buyers Home prices are expected to decline leaving them vulnerable to weak equity Some brokers say mortgages can be reduced … Read more
Several longtime John Lewis credit card customers are disgruntled after being told their credit limit would be cut by up to 96%. By Sarah Davidson, Financial Mail On Sunday published: 4:51 PM EST, August 27, 2022 | Updated: 07:00 ET, August 30, 2022 Many longtime John Lewis credit card customers are exasperated after being told … Read more
Mortgage ‘time bomb’ warning as homeowners face biggest spike ever – with typical monthly interest payments doubling to £474 – an extra £2,851 per annum Expect the shock to rise after analyzing the numbers released by the Treasury Watch The Liberal Democrats found that a family with a £236,000 mortgage would pay an extra £2,581 … Read more
I have a life and serious illness cap but I’ve heard these could be affected by the pandemic. I’m also concerned that my cover providers will include exceptions to my policies, especially now that there’s been an uptick in Covid-19 cases again and yet another lockdown. I am also worried that I will have to … Read more
For shoppers looking for ways to increase their cash, the reward credit card has long been touted as a quick win. However, with Sainsbury’s Bank reducing the points offer from November, are these cards still worth the effort? The answer will likely be “yes” if you are willing to use it for all your daily … Read more
My partner and I don’t own a home, and will continue to rent for a few more years to save up for a deposit. We don’t have any kids yet, but it’s something we’ll be thinking about in the next year or two. Since we rent and don’t have any dependents, is it really necessary … Read more
New research finds that nearly half of people between the ages of 25 and 44 are considering taking out income protection insurance to protect their monthly income as a result of the Covid pandemic. While millions of people in the country have seen a decrease in the amount of money they take home due to … Read more
American Express has revamped its Preferred Rewards gold card, with a huge sign-up offer aimed at attracting new customers. Until 8 November 2022, joiners can earn up to 30,000 Membership Rewards points when they sign up and spend £3,000 in the first three months. The subscription offer is a 50 percent increase over the usual … Read more
I’m 52 and decided I needed to get some life insurance to cover the rest of the mortgage and pay for my family if I died early. I’ve looked around and seen a lot of products that are over the age of 50’s. Is there anything that makes this type of life insurance better for … Read more