Guides - Home Group Financial

financial planning protection self-employed

May 7, 2024

The sudden loss of a key shareholder can disrupt a company, but shareholder protection will minimise this interruption to the business. Shareholder protection insurance pays your business a lump sum if a shareholder dies or is diagnosed with a critical illness. It provides the capital to help your c...

professional protection self-employed

April 30, 2024

What is business protection?

Business protection is to support a range of businesses throughout the UK - from limited companies and partnerships, to sole traders and limited liability partnerships. Many businesses have no specific arrangements for their shares on death and owners have rarely considered the impact on themselves...

financial planning protection

April 23, 2024

What is a Trust?

Trusts are very important considerations in effective financial planning and play a crucial role in providing asset management, protection, and distribution while offering flexibility, control, and potential tax benefits. Setting up a trust can be a powerful tool for managing and preserving your ass...

mortgage news

April 16, 2024

What You Need to Know About the Upcoming MPC Meeting

The upcoming Monetary Policy Committee (MPC) meeting in the UK is being held on the 9th May 2024, causing a stir among homeowners and aspiring property buyers alike. Scheduled to convene in a few days, this meeting holds significant implications for the economy, especially the housing market. But wh...

financial planning

January 9, 2024

5 practical ways to make your pension go further during the cost of living crisis

Household bills have increased rapidly during the past year. The current cost of living crisis began with the Covid pandemic, causing problems for economies around the world and creating global supply chain delays followed by the war in Ukraine. Following such an extended period of price rises, you ...

money mortgage

November 22, 2023

If you're one of millions now struggling to pay your mortgage, here are four practical steps that may help.

To tackle persistent inflation, the Bank of England (BoE) has increased the base interest rate 14 times since December 2021. As of September 2023, it stands at 5.25% – the highest seen in 15 years. As a result, millions of homeowners are struggling to afford their mortgage repayments....

financial planning money protection

November 15, 2023

While the cost of living crisis may be putting a strain on your finances, read why cancelling your financial protection could be a dangerous way to save money

A recent survey by Which? has revealed that 59% of households have resorted to cutting back on essentials, selling items, or dipping into savings to pay their rapidly rising bills. Financial protection products such as life insurance, income protection, and critical illness cover are sometimes the f...

financial planning protection

November 8, 2023

Should I consider private medical insurance?

Life can be full of surprises. You can’t be prepared for everything. You may have some insurance to support you financially if the unexpected happens, but have you considered how private medical insurance might offer you and your family the peace of mind you need if your health takes a turn for th...

mortgage remortgage

November 1, 2023

What’s the difference between a product transfer and a remortgage?

If you want to stay on top of your mortgage repayments and ensure you’re getting the right deal for your circumstances then remortgaging is one of the most important financial decisions you can make....

mortgage remortgage

October 25, 2023

Is now a good time to remortgage as the Bank of England base rate stays the same?

Whilst the Bank of England base rate remains the same, interest rates are still the highest they have been in 15 years. So if you are one of the thousands coming to the end of your fixed rate deal over the next few months it’s very likely you’ll see your payments increase as a result of higher m...