The Cancer Research UK website states that 1 in 2 people in the UK born after 1960 will be diagnosed with some form of cancer during their lifetime. Their site also has some good news and that is 50% of people survive cancer for 10 or more years. However, during those years how would you survive financially?
Research from Santander shows that if a borrower took out a £200,000 mortgage over 25 years, and paid back an extra £10 per month they could save £1,146 in interest* and become mortgage-free four months earlier. If the borrower overpaid £100 each month on the same mortgage amount and term a saving of £9,948 in interest could be saved and the borrower could be mortgage free three years sooner!
For most people their home is their greatest asset so when it comes to finding cash to improve your home or pay off debts, choosing to remortgage to release equity could be the solution.
Well here we are, almost at the start of the next financial year. That’s 6th April if you are not sure. But there is a lot more going on than usual, with Brexit to name just one, so what does this mean for investors?
A mortgage is usually a household’s main expense and ensuring you get quoted the cheapest remortgage rates when your current deal comes to an end could really make a difference to your finances.
We hope it never happens, that you or one of your children get diagnosed with a critical illness. By that we mean things like cancer, multiple sclerosis, stroke and coronary heart disease. Unfortunately, though, such things do happen and the financial impact on the whole family can be devastating.
By clicking 'ACCEPT', you agree to the storing of cookies on your device to enhance site navigation, analyse
site usage, and assist in our marketing efforts.
For more information on how we use cookies, please see our Cookie Policy.
Manage Privacy Settings
The following Cookies are used on this Site. Users who allow all the Cookies will enjoy the best
experience and all functionality on the Site will be available to you.
You can choose to disable any of the Cookies by un-ticking the box below but if you do so your
experience with the Site is likely to be diminished.
In order to interact with this site.
To help us to measure how users interact with content and pages on the Site so we can make
things better.