Insights

Is your fixed rate coming to an end?

Over 350,000 UK households will face higher payments this winter as low-rate deals from 2020–2023 end. With the Autumn Budget on 26 Nov, now’s the time to review your mortgage options. Early planning can save you thousands. 

Pension access age to rise in 2028

From 6 April 2028, the normal minimum pension age rises from 55 to 57, affecting those born on or after 6 April 1973. Early access to #pension funds will be limited to ensure retirees have sufficient resources in later life.  

News in Review

This week’s News in Review sees global resilience as risks rise, UK growth slows, prices steady and energy bills climb.

Pensions set to fall within IHT net from 2027

Unspent pensions will face Inheritance Tax from 2027, with average bills rising by £34,000. The risk of double taxation makes planning vital. Reviewing your estate now ensures wealth is protected and passed on as intended. 

Mortgage Guarantee Scheme made permanent

The Mortgage Guarantee Scheme aims to sustain availability of high LTV mortgages by incentivising lenders with government-backed guarantees. First-time buyers and home-movers across the UK can benefit, but professional advice is essential to help you choose the right deal. 

News in Review

This week’s News in Review highlights some of the main announcements from Chancellor Rachel Reeves’ second Budget and weakening retail sentiment 

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