For many people, income protection is one of those “nice to have” policies that often gets pushed to the bottom of the priority list. But what happens if illness or injury stops you from working for several months — or longer? Without income protection, the financial and emotional consequences can be far greater than most […]
The Real Cost of Not Having Income Protection Read More »
For couples in the UK, securing life insurance is a fundamental step in comprehensive financial planning. It provides peace of mind, knowing that your loved ones will be financially supported should the unthinkable happen. However, a common dilemma arises when choosing cover: should you opt for a single policy each, or a joint policy? This
Joint vs. Single Life Insurance: What’s Best for Couples in the UK? Read More »
Income Protection insurance provides a vital financial safety net, ensuring you receive a regular income if you’re unable to work due to illness or injury. While the core benefit – replacing a portion of your income – is clear, one of the significant decisions when setting up a policy is selecting the ‘waiting period’ (also
Choosing the Right Waiting Period for Income Protection Read More »
The appeal of owning a holiday let in the UK, whether it’s a charming cottage tucked away in the Yorkshire Dales or a scenic coastal retreat in Cornwall, is undeniably strong. The prospect of generating income while owning a desirable property is, indeed, a compelling one. However, securing a mortgage for a holiday let is
Mortgages For Holiday Lets: Navigating the UK Market Read More »
Securing a mortgage is a significant financial commitment, often spanning decades. However, life’s uncertainties can pose a threat to your ability to maintain mortgage repayments. Critical illness cover, therefore, provides a safety net, offering financial protection should you be diagnosed with a serious illness. This article explores how critical illness cover interacts with mortgages in
How Does Critical Illness Cover Work with a Mortgage? Read More »
Venturing into the buy-to-let market can be a lucrative investment strategy. However, navigating the complexities of buy-to-let mortgages can seem daunting, particularly for first-time landlords. If you’re based in York or anywhere in the UK and considering this avenue, understanding the basics is crucial. Argyll Drummond recognises that each investor’s situation is unique, and as
A Beginner’s Guide to Buy-to-Let Mortgages Read More »
Taking the First Step: Building Your Family’s Insurance Safety Net Creating a comprehensive insurance plan for your family is the first step towards lasting financial protection. In today’s uncertain world, having a robust insurance plan is no longer a luxury but a necessity. For families in York and across the UK, navigating the complexities of
Building a Comprehensive Insurance Plan for your Family Read More »
Navigating the world of financial protection can feel like traversing a complex maze. Two key products often come up in discussions about safeguarding your finances: Critical Illness Cover and Income Protection. While both offer vital support, they function differently and cater to distinct needs. Understanding the nuances of each is crucial for making informed decisions
Critical Illness Cover vs. Income Protection: Which Do I Need? Read More »
A poor credit history can feel like a major roadblock when you’re trying to secure a mortgage. It’s understandable to feel discouraged, but it’s important to know that getting a mortgage with a less-than-perfect credit score is still possible. It requires careful planning, a realistic approach and working with the right experts. This article will
How to Get a Mortgage with a Bad Credit Score Read More »
A tracker mortgage is a type of home loan where the interest rate you pay isn’t fixed. Instead, it “tracks” an external benchmark interest rate, typically the Bank of England base rate. This means your interest rate will move up and down in line with changes to that benchmark. How Does a Tracker Mortgage Work?
What Is A Tracker Mortgage? Read More »
