Mortgage affordability in a post-COVID world
Back in March, the Bank of England slashed interest rates to an all-time low of 0.1%, in a bid to alleviate the severe economic pressure caused by coronavirus. As the base rate cut fed through to mortgage rates and with the continuing pressure of a closed mortgage market, lenders responded by withdrawing mortgage offers, increasing […]
If you are nearing retirement and assessing options for your pension pot, don’t act in haste. Talk to us.
Are you approaching retirement? If you are nearing retirement, you may have been particularly worried about the impact of recent market volatility on your pension assets and perhaps you are reassessing your retirement plans. There are several things to consider if you are planning to retire, which will depend very much on your own circumstances. […]
Talk to us, don’t act in haste. Stay protected!
The coronavirus outbreak has impacted everyone across the globe, leaving many individuals and families in a precarious financial position. The crisis has shown that financial hardship can strike when we least expect it, demonstrating the importance of protection cover. As people’s anxiety about their financial future intensifies, it’s likely that many people will be considering […]
The world is changing – so should your insurance!
The world is changing rapidly in a way that nobody could ever have expected, meaning your personal and financial circumstances are likely to have changed. It is important to regularly review all aspects of your finances and that includes reviewing your protection insurance, to make sure your policy provides adequate cover for your changing needs. […]
Now is not the time to neglect your pension – keep your planning on track!
The Coronavirus outbreak is having a widespread impact across all aspects of our financial life, with many people finding their income reduced. At times like this it can be challenging to stay focused. No matter what age you are, now is not the time to neglect your pension. Try your very best to keep your […]
Mortgage Payment Holidays
The Chancellor’s announcement back in March, offering 3-month mortgage payment holidays for homeowners experiencing financial difficulties due to COVID-19, came as welcome news to many people. Mortgage lenders agreed with the Treasury that any customers who are in ‘difficulty’ will be eligible. Initial uptakeRecent data has revealed over 1.2 million mortgage payment holidays have been […]
Protecting you and your family…
Losing your partner at any stage in life can be devastating, but it may be particularly devastating when children are involved because of the financial pressures of raising a family. Ensuring your children and other dependants are provided for in case you die should be a top priority but less than a third of people […]
“Practically perfect in every way”… We introduce you to Annette Hunter:
Name: Annette Hunter What do you do at Stan Sherlock Associates? I am a senior administrator within the mortgage and wealth departments. I have recently moved to the wealth department, but I still turn my hand to mortgages. I input and process cases, problem solve and see a case through to completion. What do you […]
Is your Life Insurance in Trust?
A life insurance policy in trust is a legal arrangement that keeps a life insurance pay out separate from the valuation of your estate (property, money and possessions) after you die. Here we take a look at some main points to consider when deciding whether to write your life insurance in trust. The logistics A […]
Sandra Sproat takes the limelight in the next part of our series “Getting to know our Business Support Team”…
Name: Sandra Sproat What do you do at Stan Sherlock Associates? I’ve worked here for almost 22 years, so I have my finger in many pies! As office manager, I work closely with Bobby and Emma Sherlock and we all try to maintain a happy environment for the staff. My secondary role has been described […]