Easy Street Financial Services 9 Category: Life Insurance

What is Income Protection and why is it important?

When it comes to insurance, many people start with life insurance. The reasons for this are usually linked to inevitability, being the biggest concern and that is used to be conditional with some mortgage lenders (this is usually no longer the case). In actual fact,...

Should I switch to an interest only mortgage?

As mortgage rates have increased, many people have explored different options to try and keep their monthly payments as low as possible. Should I switch to an interest only mortgage is a question that has been asked more in recent times, especially in light of the...

May Update – Interest Rates

The Bank of England Base Rate As anticipated, the Bank of England has opted to keep the interest rate steady at 5.25%, maintaining its position at this 16-year high for the sixth consecutive time.  The decision, favored by a 7-2 vote from the Monetary Policy...

Do I need Life Insurance to get a mortgage?

This is a common question when it comes to mortgage related insurance. However, before answering this, the question itself needs closer inspection. Is it mandatory to have life insurance to get a mortgage? This is usually what people mean. In other words, is the...

Should I Extend My Mortgage Term?

Should I Extend My Mortgage Term?

As mortgage rates have increased, many people have explored different options to try and keep their monthly payments as low as possible. Spreading the payments over a longer period could reduce the monthly outgoing, but there are other important considerations when...

April Update – Interest Rates

The Bank of England decided to keep rates at 5.25% for a fifth consecutive time in March which wasn’t a huge surprise. Bank of England Governor Andrew Bailey has previously said the Bank would wait for firm evidence that inflation was under control before it cuts...

Should I use my savings to overpay my mortgage?

As mortgage rates have increased, many people have explored different options to either lower their monthly payments or reduce the total amount of interest they pay overall. One option could be to make a lump sum overpayment, but is it a good idea to use your savings...